Sold for $250,000

$250,000

8451 Sherman Rd, Grayling, MI 49738

2beds

2,112sqft

Single Family Residence

Built in ----

49.3 Acres Lot

$252,200 Zestimate^®

$118/sqft

$2,261 Estimated rent

Home value

$252,200

Estimated sales range

Not available

$2,261/mo

Zestimate^® history

Owner options

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$2,261/mo

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$2,261/mo

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$1,695/mo

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$1,695/mo

Est. payment

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What's special

Multiple outbuildingsWalkout basement

Prime Hunting Property! Nearly 50 rolling acres of beautiful hardwoods between Gaylord and Grayling, just minutes from Frederic. This property includes a 2-bedroom ranch with walkout basement—interior mostly gutted after a water line break, ready for your renovation vision. Multiple outbuildings offer endless potential: a 30x48 concrete-floor pole barn, 30x48 dirt-floor barn, 24x24 detached garage, and 32x32 attached insulated garage. A rare opportunity to own acreage in a premier hunting and outdoor recreation area. Bring your plans and make this Northern Michigan property your dream retreat!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air, Propane

Appliances

Laundry: Lower Level

Features

Has basement: Yes

Interior area

Total structure area: 2,112
Total interior livable area: 2,112 sqft
Finished area above ground: 1,152

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Frontage type: None

Lot

Size: 49.3 Acres
Dimensions: 49.3 Acres

Details

Parcel number: 02002100313001

Construction

Type & style

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

Materials

Foundation: Basement

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Subdivision: T28N R3W

Location

Region: Grayling

Financial & listing details

Price per square foot: $118/sqft
Tax assessed value: $272,800
Annual tax amount: $3,020
Date on market: 11/13/2025
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Paved, Maintained

Price history

Date	Event	Price
5/14/2026	Sold	$250,000-28.6%$118/sqft
Source: WWMLS #201837979 Report a problem
4/15/2026	Contingent	$350,000$166/sqft
Source: WWMLS #201837979 Report a problem
2/12/2026	Price change	$350,000-10.3%$166/sqft
Source: WWMLS #201837979 Report a problem
12/1/2025	Price change	$390,000-2.5%$185/sqft
Source: WWMLS #201837979 Report a problem
11/13/2025	Listed for sale	$400,000$189/sqft
Source: WWMLS #201837979 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,020 +4.7%	$136,400 -1.7%
2024	$2,884 +4.1%	$138,800 +11.2%
2023	$2,769	$124,800 +20.6%
2022	--	$103,500 -10.7%
2021	--	$115,900 +4.1%
2020	--	$111,300 +3.1%
2019	--	$108,000 +11.6%
2018	--	$96,800 +0.9%
2017	--	$95,900 +11.6%
2016	--	$85,900
2015	--	$85,900 -3.6%
2014	--	$89,100 +4.7%
2013	--	$85,100 +6.2%
2012	--	$80,100
2011	--	$80,100 -1.7%
2010	--	$81,500