For sale

$350,000

2498 W Five Mile Rd, Grayling, MI 49738

1beds

845sqft

Est.:

Single Family Residence

Built in 1960

60.5 Acres Lot

$312,400 Zestimate^®

$414/sqft

$-- HOA

What's special

Walkout patio door

CABIN WITH 60.5 ACRES WITH STATE LAND ON 2 SIDES. POLE BARN 30 x 40 with electric. Hunters take delight in the trails throughout the property and 6-7 deer blinds, 1 tree stand and a ground blind Newly renovated cabin with fresh paint and new floor covering. 1 bedroom, 1 bath offers open kitchen, dining and living area plus a family room that can accomadate extra guest for sleeping quarters with a walkout patio door. L.P. Gas Payne Wall Furnace and a wood stove in the Family Room. Campfire pit in front yard.. 3 new vinyl windows in the Family Room. Seller has a new mini split they are planning on installing. Snowmobile and ATV trails closeby. Close to I-27 and I-75 for easy access and 10 minutes from Grayling downtown.

48 days

681

37

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First

Heating

Propane, Wall Furnace, Wood Stove

Appliances

Included: Range/Oven, Refrigerator
Laundry: None

Features

Doors: Doorwall
Windows: Blinds
Basement: None

Interior area

Total structure area: 845
Total interior livable area: 845 sqft
Finished area above ground: 845

Property

Parking

Parking features: RV Access/Parking, Garage Door Opener
Has garage: Yes

Features

Frontage type: None

Lot

Size: 60.5 Acres
Dimensions: 60.5
Features: Adj State/Federal Ld, Natural

Details

Additional structures: Shed(s), Workshop
Parcel number: 05000301402000
Other equipment: Satellite Dish

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin
Property subtype: Single Family Residence

Materials

Foundation: Slab

Condition

Year built: 1960

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: T25N, R3W

Location

Region: Grayling

Financial & listing details

Price per square foot: $414/sqft
Tax assessed value: $183,200
Annual tax amount: $1,958
Date on market: 3/26/2026
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Gravel, Maintained

Estimated market value

$312,400

$291,000 - $334,000

$1,264/mo

Price history

Date	Event	Price
3/26/2026	Listed for sale	$350,000-6.7%$414/sqft
Source: WWMLS #201839121 Report a problem
2/1/2026	Listing removed	$375,000$444/sqft
Source: WWMLS #201835711 Report a problem
10/28/2025	Price change	$375,000-5.1%$444/sqft
Source: WWMLS #201835711 Report a problem
7/25/2025	Price change	$395,000-7.1%$467/sqft
Source: WWMLS #201835711 Report a problem
7/3/2025	Listed for sale	$425,000$503/sqft
Source: WWMLS #201835711 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,958 +2.7%	$91,600 +16.8%
2024	$1,907 +4.5%	$78,400 +5.1%
2023	$1,825	$74,600 +9.9%
2022	--	$67,900 +9.3%
2021	--	$62,100 +7.1%
2020	--	$58,000 +1.4%
2019	--	$57,200 +6.9%
2018	--	$53,500 +0.9%
2017	--	$53,000 +21.8%
2016	--	$43,500
2015	--	$43,500 -0.2%
2014	--	$43,600 -11.4%
2013	--	$49,200
2012	--	$49,200 -13.4%
2011	--	$56,800 -16%
2010	--	$67,600

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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