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For sale
    • Price cut: $14.9K (7/16)
    $535,000

    2916 N Portage Ave, Grayling, MI 49738

    3beds
    2,250sqft
    : 
    $3,451/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    5,227 Square Feet Lot
    $508,500 Zestimate®
    $238/sqft
    $-- HOA

    What's special

    Awesome viewHuge raised tiered deckBeautiful fieldstone fireplace
    MOTIVATED Seller & NEW PRICE! Amazing Lake Margrethe cottage with 50' directly on the lake! East side location makes the BEST & MOST BEAUTIFUL SUNSETS! Sit on the huge raised, tiered deck to see way out over the lake, enjoy gatherings with family, friends or just hang out to see the awesome view. Can be a year-round home or ''Up North'' retreat away from the everyday grind. So spacious- boasting 1900 sq ft of actual living space, plus adequate size basement for ample storage. Beautiful fieldstone fireplace, 3 large bedrooms & 2 full remodeled bathrooms (1 upstairs), & huge wide open living & family rooms to look out at water & watch those perfect ever changing sunsets! Near snowmobile trail & Hanson Hills winter park. Have piece of mind with1 year FREE America's Preferred Home warranty!
    146 days
    |
    2,969
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary E. Becker 586-242-1179,

    Heart of Up North Realty, LLC 586-242-1179

    Source: WWMLS,MLS#: 201838875MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Hot Water, Natural Gas, Wood
      Appliances
      • Included: Water Softener, Washer, Range/Oven, Refrigerator, Microwave, Disposal, Dryer, Dishwasher
      • Laundry: Main Level
      Features
      • Ceiling Fan(s)
      • Flooring: Hardwood, Tile
      • Windows: Blinds
      • Basement: Partial
      Interior area
      • Total structure area: 2,250
      • Total interior livable area: 2,250 sqft
      • Finished area above ground: 1,900

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck, Patio/Porch
      • On waterfront: Yes
      • Body of water: Lake Margrethe
      • Frontage type: All-Sport
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 50 x 139 x 50 x 146
      Details
      • Additional structures: Shed(s)
      • Parcel number: 040453000100500

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Basement, Crawl
      Condition
      • Year built: 1950

      Utilities & green energy

      • Sewer: Septic Tank
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Subdivision: Grayling Park
      Location
      • Region: Grayling

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $314,400
      • Annual tax amount: $3,082
      • Date on market: 3/2/2026
      • Listing terms: Cash,Conventional Mortgage
      • Ownership: Owner
      • Road surface type: Paved, Maintained

        Estimated market value

        $508,500

        $483,000 - $534,000

        $1,754/mo

        Price history

        DateEventPrice
        7/16/2026Price change$535,000-2.7%$238/sqft
        Source: WWMLS #201838875 Report a problem
        6/24/2026Price change$549,900-3.5%$244/sqft
        Source: WWMLS #201838875 Report a problem
        5/27/2026Price change$570,000-3.4%$253/sqft
        Source: WWMLS #201838875 Report a problem
        5/6/2026Price change$590,000-1.5%$262/sqft
        Source: WWMLS #201838875 Report a problem
        3/2/2026Listed for sale$599,000+121.9%$266/sqft
        Source: WWMLS #201838875 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        7/15/2016Sold$270,000-16.9%$120/sqft
        Source: WWMLS #303908 Report a problem
        9/17/2015Listing removed$325,000$144/sqft
        Source: Owner Report a problem
        8/12/2015Listed for sale$325,000$144/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,082 +4.8%$157,200 +3.4%
        2024$2,941 +4.3%$152,000 +15.5%
        2023$2,819 $131,600 +9.1%
        2022-- $120,600 +9%
        2021-- $110,600 +0.6%
        2020-- $109,900 +3.2%
        2019-- $106,500 +15.1%
        2018$4,127 -13.5%$92,500 -15.3%
        2017$4,772 +26%$109,200 -4.6%
        2016$3,787 $114,500
        2015$3,787 $114,500 +6%
        2014-- $108,000 -1.4%
        2013-- $109,500 +16.4%
        2012-- $94,100 -29.7%
        2011-- $133,900 -7.8%
        2010-- $145,200
        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.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 49738

        Getting around

        1 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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