For sale

$339,000

4851 E North Down River Rd, Grayling, MI 49738

3beds

1,248sqft

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Single Family Residence

Built in 1980

12 Acres Lot

$322,400 Zestimate^®

$272/sqft

$-- HOA

What's special

Huge master suite

Country living with endless storage sitting on 12 acres with State Land across the road! 3 Bedroom, 2 bathroom home with with a huge master suite. 4 large outbuildings...Pole barn 1 (26x24)has 11.5ft tall side walls and a 10 ft tall entrance door for a large motor home or camper, Pole barn 2 is insulated and heated that would make a great workshop or heated storage for up to 4 vehicles, pole barn 3 has Alton stone floor and two entrance doors, and the 4th garage is a two car garage is close to the house for personal parking. The house is located on a paved, county maintained road with high speed fiber internet.

47 days

652

39

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Propane

Cooling

Whole House Fan

Appliances

Included: Water Heater, Washer, Range/Oven, Refrigerator, Dryer
Laundry: Main Level

Features

Ceiling Fan(s)

Interior area

Total structure area: 1,248
Total interior livable area: 1,248 sqft
Finished area above ground: 1,248

Property

Parking

Parking features: Garage Door Opener
Has garage: Yes

Features

Frontage type: None

Lot

Size: 12 Acres
Dimensions: 330 x 330 x 990 x 330 x 1320 x 660

Details

Additional structures: Garage(s), Pole Building, Workshop
Parcel number: 040430261302004

Construction

Type & style

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

Materials

Foundation: Crawl

Condition

Year built: 1980

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: T27N R2W

Location

Region: Grayling

Financial & listing details

Price per square foot: $272/sqft
Tax assessed value: $248,800
Annual tax amount: $2,515
Date on market: 5/14/2026
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Paved, Maintained

Estimated market value

$322,400

$306,000 - $339,000

$1,849/mo

Price history

Date	Event	Price
5/14/2026	Listed for sale	$339,000$272/sqft
Source: WWMLS #201840049 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,515 +4.5%	$124,400 +4.6%
2024	$2,408 +4.8%	$118,900 +18.2%
2023	$2,298	$100,600 +16%
2022	--	$86,700 +6.5%
2021	--	$81,400 +1.9%
2020	--	$79,900 +15.6%
2019	--	$69,100 +6.1%
2018	$2,056 +3.9%	$65,100 +6.9%
2017	$1,978 +0.9%	$60,900 +9.5%
2016	$1,962	$55,600
2015	$1,962	$55,600 +4.9%
2014	--	$53,000 +1.1%
2013	--	$52,400 +26%
2012	--	$41,600 -2.6%
2011	--	$42,700 -29.9%
2010	--	$60,900

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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