Beautiful, spacious home along the Manistee River with 185 feet of frontage! This home features 5 bedrooms and 3 bathrooms, a completely finished walkout basement, and an attached 3 car garage. With a private entrance to the basement there is an opportunity to create a bed and breakfast to bring in some extra income! There are many things to love about this home. Not only one, but two walk-in closets in the master bedroom along with access to a deck that overlooks the river! The sunroom attached to one of the downstairs bedrooms also features a beautiful view of the Manistee River. Recently install a new breakwall and will be building another deck and steps down to the river.
For sale
$559,900
11846 W M 72 Hwy, Grayling, MI 49738
5beds
4,700sqft
:
Get pre-qualified$3,574/mo
Single Family Residence
Built in 2001
0.84 Acres Lot
$529,700 Zestimate®
$119/sqft
$-- HOA
What's special
Completely finished walkout basementNew breakwall
- 22 days |
- 535 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Betty Partello 989-370-2061,
River Country Realty 989-745-6004
Source: WWMLS,MLS#: 201838503
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Propane
Appliances
- Included: Washer, Range/Oven, Refrigerator, Microwave, Disposal, Dryer, Dishwasher
- Laundry: Lower Level
Features
- Ceiling Fan(s), Central Vacuum, Split Bdrm Flr Plan
- Basement: Finished,Walk-Out Access
Interior area
- Total structure area: 4,700
- Total interior livable area: 4,700 sqft
- Finished area above ground: 2,480
Property
Parking
- Parking features: Garage Door Opener
- Has garage: Yes
Features
- Patio & porch: Deck, Patio/Porch
- On waterfront: Yes
- Waterfront features: River
- Body of water: Manistee River
Lot
- Size: 0.84 Acres
- Dimensions: 175 x 200 x 185 x 224
Details
- Parcel number: 03003100704000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Basement
Condition
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: T27N R4W
Location
- Region: Grayling
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $333,800
- Date on market: 7/8/2026
- Listing terms: Cash,Conventional Mortgage,FHA,USDA/RD,VA Loan
- Ownership: Owner
- Road surface type: Paved, Maintained
Estimated market value
$529,700
$503,000 - $556,000
$3,112/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $559,900$119/sqft |
Source:  WWMLS #201838503 Report a problem | ||
| 7/1/2026 | Listing removed | $559,900$119/sqft |
Source: WWMLS #201838503 Report a problem | ||
| 1/15/2026 | Listed for sale | $559,900+12%$119/sqft |
Source: WWMLS #201838503 Report a problem | ||
| 11/21/2023 | Listing removed | -- |
Source: WWMLS #201824114 Report a problem | ||
| 5/23/2023 | Listed for sale | $499,900+5.2%$106/sqft |
Source: WWMLS #201824114 Report a problem | ||
| 10/1/2022 | Listing removed | -- |
Source:  RE/MAX of Michigan Report a problem | ||
| 6/6/2022 | Listed for sale | $475,000$101/sqft |
Source: WWMLS #201819023 Report a problem | ||
| 5/6/2022 | Listing removed | -- |
Source: RE/MAX of Michigan Report a problem | ||
| 3/24/2022 | Price change | $475,000+11.8%$101/sqft |
Source: WWMLS #201816662 Report a problem | ||
| 1/7/2022 | Listed for sale | $425,000+325%$90/sqft |
Source: WWMLS #201816662 Report a problem | ||
| 6/4/2021 | Sold | $100,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | $125 -97% | -- |
| 2023 | $4,121 | -- |
| 2022 | -- | $166,900 +4% |
| 2021 | -- | $160,500 +7.6% |
| 2020 | -- | $149,200 +11.4% |
| 2019 | -- | $133,900 -2.3% |
| 2018 | -- | $137,100 -4.2% |
| 2017 | -- | $143,100 -3.2% |
| 2016 | -- | $147,900 |
| 2015 | -- | $147,900 +8.5% |
| 2014 | -- | $136,300 +19.1% |
| 2013 | -- | $114,400 -6.8% |
| 2012 | -- | $122,700 -1.4% |
| 2011 | -- | $124,500 -22.6% |
| 2010 | -- | $160,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49738
Nearby schools
GreatSchools rating
- 6/10Grayling Middle SchoolGrades: 5-8Distance: 6.7 mi
- 7/10Grayling High SchoolGrades: 9-12Distance: 5.7 mi
- 6/10Grayling Elementary - Ausable Primary SchoolGrades: PK-4Distance: 7.1 mi
Schools provided by the listing agent
- Elementary: Grayling
- High: Grayling
Source: WWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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