4851 E North Down River Rd, Grayling, MI 49738
Property image
Property image
FOR SALE
12 ACRES

4851 E North Down River Rd
Grayling, MI 49738

  • 3 Beds
  • 2 Baths
  • 1,248 sqft (on 12 acres)

$339,000

Est. Mortgage $2,110/mo*
Get Pre-Qualified

$339,000

Est. Mortgage $2,110/mo*
Get Pre-Qualified
3 Beds
2 Baths
1,248 sqft
(on 12 acres)

Home Highlights

Parking
Garage
Price/Sqft
$272
Climate Control
Forced Air, Propane & Whole House Fan
Listed
100 days ago

Local Information

  • Map ViewExplore the area around 4851 E North Down River Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Country living with endless storage sitting on 12 acres with State Land across the road! 3 Bedroom, 2 bathroom home with with a huge master suite. 4 large outbuildings...Pole barn 1 (26x24)has 11.5ft tall side walls and a 10 ft tall entrance door for a large motor home or camper, Pole barn 2 is insulated and heated that would make a great workshop or heated storage for up to 4 vehicles, pole barn 3 has Alton stone floor and two entrance doors, and the 4th garage is a two car garage is close to the house for personal parking. The house is located on a paved, county maintained road with high speed fiber internet.
Last check for updates: about 2 hours ago
Listing courtesy of Chet Wheeler, (616) 644-0246
Re/Max Of Grayling, (989) 348-7440
Source: WWMLS, MLS#201840049
Also Listed on WWMLS.

Home Details for 4851 E North Down River Rd

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1248 Square Feet
Appliances & Utilities
Appliances: Water Heater, Washer, Range/Oven, Refrigerator, DryerDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,PropaneHas CoolingAir Conditioning: Whole House FanHas HeatingHeating Fuel: Forced Air
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Other Structures: Garage(s), Pole Building, WorkshopFoundation: Crawl
Parking & Garage
Has a GarageNo Attached GarageParking: Garage Door Opener
Frontage
Frontage Type: NoneRoad Surface Type: Paved, MaintainedNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1248 Square Feet

Days on Market

Days on Market: 100

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Property Information
Parcel Number: 040430261302004

Price & Status

Price
List Price: $339,000Price Per Sqft: $272

Active Status

MLS Status: Active

Location

Direction & Address
City: GraylingCommunity: T27N R2W
School Information
High School District: Crawford Ausable

Agent Information

Listing Agent
Listing ID: 201840049

Building

Building Area
Building Area: 1248 Square Feet

Lot Information

Lot Area: 12 Acres

Offer

Listing Terms: Cash, Conventional Mortgage

Business

Business Information
Ownership: Owner

Miscellaneous

Mls Number: 201840049Above Grade Unfinished Area: 1248Showing Requirements: Appointment Only, Lock Box, Showingtime

Around this home

What Locals Say about Grayling

At least 32 Trulia users voted on each feature.

  • 92 % Say yards are well-kept

  • 87 % Say parking is easy

  • 86 % Say it's dog friendly

  • 85 % Say car is needed

  • 82 % Say there's wildlife

  • 77 % Say there's holiday spirit

  • 68 % Say people would walk alone at night

  • 68 % Say it's quiet

  • 67 % Say neighbors are friendly

  • 62 % Say they plan to stay for at least 5 years

  • 61 % Say kids play outside

  • 49 % Say it's walkable to restaurants

  • 48 % Say there are community events

  • 48 % Say streets are well-lit

  • 34 % Say it's walkable to grocery stores

  • 22 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Christian Goodwin
    "Downtown has events pretty often, though I’ve never attended. This is also the kickoff point for the AuSable Canoe marathon, town is packed for this event and the downtown area is closed off the whole weekend to traffic for the festivities. "
    0
    Flag
  • Tara Sotirin
    "It’s a friendly place and there’s a lot of community involvement. If there’s an event in town almost everyone shows up"
    1
    Flag
  • Tara Sotirin
    "It’s a friendly atmosphere and lots of family events. A very active little town with lots of outdoor things to do and small to big events each month. We’ve enjoyed living here."
    0
    Flag
  • Uabadgirl687337
    " Most families don't live here year around so it's quite. But when they come up on the weekends it nice to see children playing in the pool. "
    0
    Flag
  • Brian W.
    "I have lived here for a year now. I'm from Ohio. I really like it here!! very small and quiet and plenty to do outside."
    0
    Flag
  • Talia_piper
    "A lot of people walk the neighborhood with there dogs or kids. People are friendly and invite each other to bonfires or are willing to let your dog out if something comes up. Trustworthy and let a neighbor borrow something or help out with yard work. "
    0
    Flag

Market trends in Grayling

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
79

Home Value

Trulia Estimate
$319K
Since last month
Decreased$600 (-0.2%)
Since last year
Increased$38K (+13.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +183% in the last 10 years
MonthEstimated value
2026
August 2026$318K
July 2026$319K
June 2026$322K
May 2026$328K
April 2026$270K
March 2026$274K
February 2026$259K
January 2026$260K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
740 S Wakeley Bridge Rd, Grayling, MI
2.28
Single-Family Home
$535,000
07/31/26
3
2
1,512
3853 Grove St, Grayling, MI
2.41
Single-Family Home
$500,000
10/15/25
3
2
1,430
280 S Wakeley Bridge Rd, Grayling, MI
1.85
Single-Family Home
$74,900
06/12/26
2
-
1,120
323 Goline Rd, Grayling, MI
2.53
Single-Family Home
$120,000
07/24/26
2
1
720
5477 Pershing Pl #5466, Grayling, MI
3.27
Single-Family Home
$624,000
11/10/25
3
2
990
5589 Pershing Pl, Grayling, MI
3.35
Single-Family Home
$750,000
11/03/25
4
2
1,176
108 S Bauman Rd, Grayling, MI
3.30
Single-Family Home
$269,000
03/13/26
3
2
1,456
5605 Pershing Pl, Grayling, MI
3.32
Single-Family Home
$1,249,000
11/10/25
5
3.5
2,324
3530 Grove St, Grayling, MI
2.62
Single-Family Home
$125,000
10/08/25
2
1
1,120
1460 E North Down River Rd, Grayling, MI
3.73
Single-Family Home
$112,500
03/27/26
3
1
1,298

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4205 S Flint Trl, Grayling, MI 49738
6.89
$185,900
4
1.5
1,152
Off Market
4012 Sweet Pea Trl, Grayling, MI 49738
6.89
-
3
1
-
Off Market
4126 Flint Trl, Grayling, MI 49738
6.90
$139,400
4
1.5
1,512
Off Market
3871 Grove St, Grayling, MI 49738
2.36
$475,000
3
2.5
1,700
Off Market
3895 Grove St, Grayling, MI 49738
2.38
$272,100
4
1
2,024
Off Market
434 Isenhauer Rd, Grayling, MI 49738
9.57
$151,900
Studio
1
-
Off Market
4821 E North Down River Rd, Grayling, MI 49738
2.30
$378,300
3
2
2,264
Off Market
3498 Merrie Ln, Grayling, MI 49738
2.04
$190,700
3
1
-
Off Market
4995 E North Down River Rd, Grayling, MI 49738
2.42
$337,900
6
1
-
Off Market
5149 S Stephan Bridge Rd, Grayling, MI 49738
7.48
$87,800
2
1
720
Off Market
5283 S Stephan Bridge Rd, Grayling, MI 49738
7.59
$262,700
2
2
980
Off Market

Price and Tax history

DateEventPrice
May 14, 2026
Source: WWMLS #201840049
Listed For Sale
$339,000

LGBTQ Local Legal Protections

Chet Wheeler, Re/Max Of Grayling, (989) 348-7440
Agent Phone: (616) 644-0246
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Zillow, Inc are marked with the WWLX logo and the detailed information about said listing includes the listing office.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © All rights reserved.
WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-08-22 16:38:45 PDT

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Frequently asked questions about 4851 E North Down River Rd

  • What is the estimated monthly payment for 4851 E North Down River Rd?
    Based on a $339,000 list price with 20% down at today's rates, the estimated monthly payment for 4851 E North Down River Rd in Grayling, MI is approximately $2,160 (about $1,777 principal & interest, $308 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Grayling?
    Residents describe Grayling, MI as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Grayling, MI.
  • What are the closest schools to 4851 E North Down River Rd?
    The closest schools to 4851 E North Down River Rd in Grayling, MI are Grayling Elementary - Ausable Primary School (Pre-K, rated 6/10), Grayling High School (rated 7/10), Grayling Middle School (Elementary, rated 6/10).
  • What is 4851 E North Down River Rd estimated to be worth?
    Trulia's estimated value for 4851 E North Down River Rd in Grayling, MI is $318,900.
  • Does 4851 E North Down River Rd have air conditioning?
    Yes, 4851 E North Down River Rd in Grayling, MI has air conditioning.
  • Does 4851 E North Down River Rd have laundry facilities?
    Yes, 4851 E North Down River Rd in Grayling, MI has in-unit laundry.
4851 E North Down River Rd, Grayling, MI 49738 is a 3 bedroom, 2 bathroom, 1,248 sqft single-family home built in 1980. This property is currently available for sale and was listed by WWMLS on May 14, 2026. The MLS # for this home is MLS# 201840049.