Grayling Homes under $500,000

Welcome to Grayling, Michigan—a charming city that perfectly blends small-town warmth with a wealth of outdoor adventures. Nestled in the heart of northern Michigan, Grayling is renowned for its stunning natural beauty, making it an ideal destination for nature enthusiasts and families alike. With the Au Sable River flowing gracefully through the city, residents enjoy fishing, kayaking, and scenic riverside strolls. The nearby Grayling State Forest offers endless opportunities for hiking, biking, and wildlife watching, while the winter months bring snowmobiling and cross-country skiing to the forefront of local recreation.

When it comes to finding your dream home, Grayling offers a diverse range of properties under $500,000, allowing you to embrace the serene lifestyle this city has to offer without breaking the bank. From cozy single-family homes with charming features to modern townhouses that provide low-maintenance living, there's something for everyone. Many homes boast beautiful views of lush landscapes and easy access to outdoor activities, making it easy to enjoy the best that Grayling has to offer right from your doorstep.

In addition to its picturesque surroundings, Grayling is home to a tight-knit community that values friendliness and inclusivity. Local events, farmers' markets, and seasonal festivals foster a sense of belonging, ensuring that you’ll feel right at home. With affordable housing options and a vibrant atmosphere, Grayling is not just a place to live—it's a place to thrive. Explore the possibilities today, and discover why Grayling, Michigan is the perfect place to call home.

Newest Grayling Homes under $500,000

$419,000

4 Beds ⋅ 2 Baths ⋅ 20261079237 MLS

Paradise found! Retreat to your peaceful and private 150' of frontage on the Main Branch of the Au Sable River, on 11.38 private acres. This spacious 4-bedroom, 2-bath, cedar-sided home offers 2,236 sq. ft. of living space, a 2-car attached garage, and plenty of room for family, guests, and Northern Michigan recreation. An outdoorsman's dream awaits - whether it be fishing, kayaking, hiking, or hunting - the area is teeming with wildlife including deer, turkey, grouse, and even black bear. When not out exploring you can relax by your private riverside dock, entertain on one of the decks, or snuggle up to one of the 2 fireplaces on those chillier nights. State land lies just on the other side of the river, offering the utmost in privacy and endless possibilities for outdoor enjoyment. Whether you’re looking for a year-round residence, vacation retreat, or recreational getaway, this property has it all! This home is being sold furnished (DR table/chairs excluded), and also includes a riding mower, generator (panel ready), kayaks(2), and Blackstone grill. Starlink internet with fiberoptic connection provided by Truestream/Great Lakes Energy.

933 Wendy Ln, Grayling

Courtesy of @properties Christie's Int'l R.E. Birmingham 2488508632

$249,900

3 Beds ⋅ 2 Baths ⋅ 201843056 MLS

How about this view from your bedroom!! Just a few feet from beautiful KP Lake this lakeside cottage is light and bright with full sun most all day. First floor bedroom and a huge second floor bedroom. Plus 1 full bath and a half bath and in house stack-up laundry. There is also a spare room that could be another small bedroom or office. The photos can't begin to represent the fabulous views. Offered mostly furnished down to the dishes. Please no drive by's, have your agent make an appointment.

2932 Reader Trl, Grayling

Courtesy of Curt W Jansen from Century 21 Realty North Grayling.

$365,000

3 Beds ⋅ 3 Baths ⋅ 201843080 MLS

This beautiful 3-bedroom, 3-bath chalet home is situated on 5 scenic acres and directly abuts state land, offering privacy and natural beauty. Home features a full basement, an attached garage, and a spacious Trex deck with a built-in hot tub, creating for relaxing or entertaining, while looking over the landscaped yard. For the hobbyist, outdoor enthusiast, or recreational owner, the property offers a 30' x 40' heated pole barn with plenty of room. A carport with full RV hookup provides additional convenience for guests. NEW: furnace, AC and hot water heater in 2023. So much to list, see additional documents for more!

286 E M-72 Hwy, Grayling

Courtesy of Betty Partello from River Country Realty.

$450,000

2 Beds ⋅ 2 Baths ⋅ 201843006 MLS

Over 1,700 square foot home on a flies only section of the Manistee River! With 7.81 acres of wooded privacy and a 24x32 garage plus a storage shed for the fly fishing gear, this would make the perfect river cottage! Large bedroom and full bathroom on the main floor with a large living room overlooking the river. The entryway has a great opportunity to use as a place to take the waders off as there is wood stove and secondary kitchen area. With another large bedroom upstairs also overlooking the river plus another bathroom, guests can have their own private space.

2420 Meadow Ln Se, Grayling

Courtesy of Bailey Millikin from Re/Max Of Grayling.

$169,900

2 Beds ⋅ 2 Baths ⋅ 201843011 MLS

Welcome home to this charming 2-bedroom, 1.5-bath home located right in the heart of Grayling! Whether you're looking for the perfect starter home, ready to downsize, or searching for an Up North getaway, this property offers a comfortable and convenient place to call home. Enjoy a great yard with plenty of room to relax, entertain, garden, or let the pups play. With its convenient location close to downtown Grayling, local shops, dining, recreation, and everything the area has to offer, you'll love being just minutes from it all. A great opportunity to make Grayling home!

606 Erie St, Grayling

Courtesy of Morgan Robinson from NextHome Up North.

$159,000

2 Beds ⋅ 2 Baths ⋅ 201842953 MLS

Welcome to this well constructed 2 bedroom 2 full bath condo offering 1350 SF of comfortable, low maintenance living close to downtown Grayling. The inviting layout provides plenty of space for everyday living and entertaining, while the full appliance package, professionally cleaned carpet and fresh paint makes moving in a breeze. Enjoy your private patio and the added convenience of an attached, finished and heated garage for vehicles, storage or workshop space. Designed for easy living, the HOA takes care of lawn maintenance, snow removal and garbage pick up, allowing you more time to enjoy all that Northern Michigan has to offer. A great opportunity for year-round living or a convenient Up North getaway!

2204 Viking Way, Grayling

Courtesy of Craig Hinkle from Re/Max Of Grayling.

$97,500

1 Beds ⋅ 1 Baths ⋅ 201842906 MLS

Excellent Hunting Camp!!! Nice log sided cabin with 5 acres close to state land, Big Creek area trails and the AuSable River. The 12x16 deck rolls out to a spacious yard with a fire pit. Newly shingled and underground electric installed.

1879 Cherry Creek Rd, Grayling

Courtesy of Bailey Millikin from Re/Max Of Grayling.

$189,000

3 Beds ⋅ 2 Baths ⋅ 201842884 MLS

GRAYLING - 3 bedroom 1.5 bath chalet-style home on large lot with a 2 car detached garage in a beautiful wooded sub. Property backs up to state forest land, so no neighbors behind it and currently no neighbors on wooded lots across the road. Updated flooring, paint, kitchen backsplash, and in move-in ready condition. Cozy wood stove in the living space, spacious deck on 2 sides, perfect for entertaining. Fruit trees out back in the semi-private yard. Great location just outside of town but only a short drive to all of the local amenities such as dining, shopping and schools.

4669 Swiss Dr, Grayling

Courtesy of Kathryn S Parks from Eagle Point Real Estate LLC.

$119,900

2 Beds ⋅ 1 Baths ⋅ 201842870 MLS

Your Up North hunting camp is ready! Situated on 5 wooded acres and backing up to an incredible 78,000 acres of state land, this rustic retreat puts endless hunting, hiking and outdoor adventure right outside your door. Inside, you'll find tons of rustic touches, knotty-pine finishes, a spacious kitchen, comfortable living area and full bath. Added conveniences include air conditioning, a Generac generator and metal roof, making this camp ready for Up North living in every season. Outside, enjoy the large deck, storage shed and plenty of room for your hunting gear, toys and campfires. Can be sold furnished, making this an easy getaway to start enjoying right away. Whether you're looking for deer camp, a recreational base camp or simply a place to escape, this is the one for you!

4146 Wilderness Trl, Grayling

Courtesy of Michelle Millikin from Homewaters, L.L.C. Grayling.

$324,900

3 Beds ⋅ 2 Baths ⋅ 201842844 MLS

GRAYLING/LEWISTON area - Gorgeous, move-in ready 3 bed 2 bath cedar sided home is on 2.6ac. It offers a classic & picturesque covered porch, attached garage & a detached pole barn. Garage has huge bonus room above that makes a great flex space or extra storage. Very nice floor plan has 1st floor primary w/two guest rooms & 2nd bath upstairs. The cozy family room has forest & garden views. Additionally, there is on-demand hot water, asphalt circular drive, spacious manicured yard, & access to www.WarblersHideaway.com amenities such as a refreshing pool, both the east & west branches of Big Creek, a shooting range, a 45 unit campground for guests. All of this is surrounded by Kirtland Warbler habitat. Truly an up north oasis, a short drive away from Grayling, Lewiston, & Gaylord. Warbler's Hideaway site - https://warblershideaway.com/

3140 Northeast Trl, Grayling

Courtesy of Kathryn S Parks from Eagle Point Real Estate LLC.

$235,000

3 Beds ⋅ 2 Baths ⋅ 201842779 MLS

Roughly 20 mins from both Grayling and Lewiston, you'll find this 3/2 home with plenty of indoor and outdoor storage. Located in cozy Warblers Hideway, this property has access to facilities like a large community pool, gun/bow range, and W and E Big Creek. The home features a gas fireplace, air conditioning, and interior walls that have been upgraded to drywall. The exterior features an RV hookup for occasional guests or extra space, a fenced garden are, and a dedicated shed/workshop and two extra storage sheds. Whether it be recreation or comfortable year-your residency, this property has you covered. While it is typically about a 20-min drive to Grayling, bridge construction currently has the drive at about 40 minutes.

3145 Timberlane Trl, Grayling

Courtesy of Aaron Raymond from Century 21 Realty North Grayling.

$90,000

3 Beds ⋅ 1 Baths ⋅ 201842825 MLS

Affordable and move-in ready! This 3-bedroom, 1-bath home offers a practical layout with plenty of potential. Recent updates include fresh interior paint and newer flooring in select areas. Outside, the 2-car garage provides great space for vehicles, storage, toys, or a workshop. A simple, comfortable home with room to add your own personal touches. Schedule your showing today!

104 Jason Pl, Grayling

Courtesy of Melisa Bertram from Real Estate One of Gaylord.

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