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.
For sale
$339,000
4851 E North Down River Rd, Grayling, MI 49738
3beds
1,248sqft
Single Family Residence
Built in 1980
12 Acres Lot
$318,900 Zestimate®
$272/sqft
$-- HOA
What's special
Huge master suite
- 96 days |
- 648 |
- 58 |
Zillow last checked:
Listing updated:
Listed by:
Chet Wheeler 616-644-0246,
Re/Max Of Grayling 989-348-7440
Source: WWMLS,MLS#: 201840049
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
$318,900
$303,000 - $335,000
$1,628/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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49738
Nearby schools
GreatSchools rating
- 6/10Grayling Elementary - Ausable Primary SchoolGrades: PK-4Distance: 10.2 mi
- 6/10Grayling Middle SchoolGrades: 5-8Distance: 10.6 mi
- 7/10Grayling High SchoolGrades: 9-12Distance: 11 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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