Skip main navigation
For sale
    • Price cut: $25K (10/23)
    $570,000

    1963 W Karen Lake Rd, Grayling, MI 49738

    4beds
    2,300sqft
    : 
    $3,787/mo
    Get pre-qualified
    Single Family Residence
    Built in 1975
    2.84 Acres Lot
    $543,900 Zestimate®
    $248/sqft
    $-- HOA

    What's special

    Detached two-stall garagePeaceful secluded settingScreened-in porchNew granite countertopsCircular paved drivewayStunning river views
    A TRUE NORTHERN MICHIGAN GEM ON THE AU SABLE RIVER! Discover the beauty, tranquility & endless possibilities of this 4-bedroom, 2.5-bath home situated on 650+ feet of frontage on the east branch of the beautiful Au Sable River. With stunning river views, spacious living areas & a peaceful, SECLUDED setting, this property has it all! The main floor features 3 bedrooms, each offering beautiful views of the river, along with 2 full bathrooms. The primary suite includes a walk-in closet, creating a comfortable & relaxing retreat. New granite countertops add a fresh, updated touch to the home. The walkout lower level offers an abundance of additional living space, including a 4th bedroom, two separate living areas, office, laundry & 1/2 bath. Step outside to the patio, where a new hot tub invites you to unwind & take in the peaceful surroundings. Enjoy your morning coffee or relax at the end of the day while listening to the birds chirp, watching fish swirl & jump in the river and soaking in all the sights & sounds that make Northern Michigan so special. A screened-in porch provides another wonderful spot to enjoy the outdoors in comfort. The property also features a detached two-stall garage, circular paved driveway, pond & two firepits perfect for gathering. Located near Hartwick Pines State Park, this property offers incredible access to outdoor recreation, with hiking and ATV trails available right from your property, including state land on two sides. House has been upgraded with a 4th bedroom, 1/2 bath & a 2nd additional living area in the lower level. Whole house Generac. Whether you're looking for a year-round home, a peaceful riverfront retreat or a place to make lasting memories, this exceptional property offers a rare opportunity to enjoy the best of Northern Michigan living. With over 650 feet of Au Sable River frontage and a setting that feels like your own private paradise, this is truly a property you don't want to miss!
    27 days
    1,546
    154

    Zillow last checked:

    Listing updated:

    Listed by:

    Sue Whipple 231-839-0077,

    City2Shore Real Estate Northern Michigan 231-839-0077

    Source: NGLRMLS,MLS#: 1951454MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 154
      • Dimensions: 14 x 11
      Bedroom 2
      • Level: Main
      • Area: 132
      • Dimensions: 12 x 11
      Bedroom 3
      • Level: Main
      • Area: 108
      • Dimensions: 12 x 9
      Bedroom 4
      • Level: Lower
      • Area: 144
      • Dimensions: 12 x 12
      Primary bathroom
      • Features: Shared
      Dining room
      • Level: Main
      • Area: 96
      • Dimensions: 12 x 8
      Family room
      • Level: Lower
      • Area: 336
      • Dimensions: 28 x 12
      Kitchen
      • Level: Main
      • Area: 144
      • Dimensions: 12 x 12
      Living room
      • Level: Main
      • Area: 240
      • Dimensions: 20 x 12
      Heating
      • Hot Water, Baseboard, Propane, Wood, Pellet Stove, Fireplace(s)
      Cooling
      • Window A/C Unit(s)
      Appliances
      • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Purifier
      • Laundry: Lower Level
      Features
      • Walk-In Closet(s), Granite Counters, Kitchen Island, Mud Room, Den/Study, Beamed Ceilings, Vaulted Ceiling(s), Ceiling Fan(s), High Speed Internet
      • Flooring: Wood, Laminate, Carpet, Tile
      • Windows: Blinds
      • Basement: Walk-Out Access,Exterior Entry,Finished,Interior Entry
      • Has fireplace: Yes
      • Fireplace features: Wood Burning, Stove, Pellet Stove
      Interior area
      • Total structure area: 2,300
      • Total interior livable area: 2,300 sqft
      • Finished area above ground: 1,200
      • Finished area below ground: 1,100

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Door Opener, Paved, Concrete Floors, Concrete, Gravel, Circular Driveway, Private
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Deck, Patio, Covered, Porch
      • Has spa: Yes
      • Spa features: Hot Tub
      • Has view: Yes
      • View description: Countryside View
      • Waterfront features: River, Pond, Sandy Bottom
      • Body of water: AuSable River
      • Frontage type: Waterfront
      • Frontage length: 675
      Lot
      • Size: 2.84 Acres
      • Dimensions: 310 x 310
      • Features: Wooded-Hardwoods, Cleared, Wooded, Evergreens, Level, Rolling Slope, Sloped, Metes and Bounds, Joins State/Federal Land
      Details
      • Additional structures: Other
      • Parcel number: 040440230604000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Timber Frame, Other
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: None
      HOA
      • Services included: None
      Location
      • Region: Grayling

      Financial & listing details

      • Price per square foot: $248/sqft
      • Tax assessed value: $186,914
      • Annual tax amount: $8,266
      • Price range: $570K - $570K
      • Date on market: 10/9/2026
      • Cumulative days on market: 28 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan
      • Ownership type: Private Owner
      • Road surface type: Gravel

        Estimated market value

        $543,900

        $517,000 - $571,000

        $2,363/mo

        Price history

        DateEventPrice
        10/23/2026Price change$570,000-4.2%$248/sqft
        Source: NGLRMLS #1951454 Report a problem
        10/9/2026Listed for sale$595,000+49.5%$259/sqft
        Source: NGLRMLS #1951454 Report a problem
        9/13/2024Sold$398,000$173/sqft
        Source: Realcomp II #20240057797 Report a problem
        9/6/2024Pending sale$398,000$173/sqft
        Source: Realcomp II #20240057797 Report a problem
        8/7/2024Listed for sale$398,000-0.3%$173/sqft
        Source: Realcomp II #20240057797 Report a problem
        8/2/2024Listing removed--
        Source: WWMLS #201829602 Report a problem
        7/18/2024Price change$399,000-2.7%$173/sqft
        Source: WWMLS #201829602 Report a problem
        6/4/2024Price change$410,000-3.5%$178/sqft
        Source: WWMLS #201829602 Report a problem
        5/29/2024Price change$425,000-4.5%$185/sqft
        Source: WWMLS #201829602 Report a problem
        5/21/2024Listed for sale$445,000+14.1%$193/sqft
        Source: WWMLS #201829602 Report a problem
        6/2/2023Sold$390,000+4%$170/sqft
        Source: Public Record Report a problem
        5/6/2023Pending sale$375,000$163/sqft
        Source: MichRIC #23014193 Report a problem
        5/5/2023Listed for sale$375,000+17.2%$163/sqft
        Source: MichRIC #23014193 Report a problem
        1/9/2023Sold$320,000-2.9%$139/sqft
        Source: Public Record Report a problem
        9/30/2022Price change$329,500-3.1%$143/sqft
        Source: WWMLS #201821414 Report a problem
        9/15/2022Listed for sale$340,000-2.9%$148/sqft
        Source: Owner Report a problem
        8/29/2022Listing removed--
        Source: WWMLS #201819433 Report a problem
        6/23/2022Listed for sale$350,000+243.1%$152/sqft
        Source: WWMLS #201819433 Report a problem
        6/18/2013Sold$102,000-14.3%$44/sqft
        Source: WWMLS #282596 Report a problem
        1/12/2013Listed for sale$119,000$52/sqft
        Source: Keith Dressel Realty Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$8,266 +72.6%$191,900 +5.4%
        2025$4,790 +42.8%$182,000 +7.8%
        2024$3,355 +1213%$168,900 +46.4%
        2023$255 $115,400 +37.5%
        2022-- $83,900
        2021-- --
        2020-- --
        2019-- $68,900 +7.2%
        2018$1,167 +5.2%$64,300 +48.8%
        2017$1,109 +0.8%$43,200 +1.4%
        2016$1,100 $42,600
        2015$1,100 $42,600 -32.4%
        2014-- $63,000 +3.3%
        2013-- $61,000 +14.9%
        2012-- $53,100 -15.7%
        2011-- $63,000 +1.4%
        2010-- $62,100
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 49738

        Getting around

        0 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Crawford Ausable School District

        Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Grayling Topics

                Search
                Updates
                Favorites
                Plan
                Inbox