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Off market
  • $333,200

    500 Peninsular Ave, Grayling, MI 49738

    6beds
    3,850sqft
    SingleFamily
    Built in 1894
    0.32 Acres Lot
    $333,200 Zestimate®
    $87/sqft
    $2,677 Estimated rent

    Home value

    $333,200

    $303,000 - $363,000

    $2,677/mo

    Zestimate® history
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    Owner options

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    $2,677/mo

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    $2,677/mo

    Rent Zestimate®

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    $2,121/mo

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    $2,121/mo

    Est. payment

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    What's special

    Here is your chance to own one of Grayling's most iconic homes. This 1894 Victorian has been lovingly maintained by its current owner, and retains all of its original character and charm. The craftsmanship and attention to detail are incredible! Stepping in from the stately front porch, you will find the foyer with original woodwork, floors, and stunning staircase. Once inside, you will notice the beautiful, handcrafted wood parkay floors, extensive trim work, and original hardware throughout the home. The original brass fireplace awaits you in the parlor for chilly nights. The home features 6 bedrooms, 2 full baths and a first floor powder room. Relax with a cup of coffee on your second floor porch and watch neighbors stroll by. The backyard is a true oasis with beautiful gardens, a brick patio and fire pit. The 3+ car garage is insulated and has multiple heat sources to take away the chill. A full, dry basement is perfect for storage of a workshop. Need more space? The massive attic has a finished staircase, and is ready for future expansion. All remaining furnishings are negotiable. Close to the AuSable and Manistee Rivers, lakes, orv and snowmobile trails. Within walking distance of Grayling's emerging downtown with three local breweries, restaurants and art galleries. Traverse City, Torch Lake and Grand Traverse Bay are less than an hour away. Truly a once in a lifetime opportunity! Come live your dream!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    • Laundry: Upper Level
    Features
    • Hardwood Floors, Fireplace
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,850 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 07010001301100

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1894

    Utilities & green energy

    • Sewer: Municipal

    Community & HOA

    Location
    • Region: Grayling

    Financial & listing details

    • Price per square foot: $87/sqft
    • Tax assessed value: $318,600
    • Annual tax amount: $5,939

    Price history

    DateEventPrice
    9/13/2022Sold$275,500-1.6%$72/sqft
    Source: MiRealSource #50079290 Report a problem
    9/8/2022Pending sale$279,900$73/sqft
    Source: MiRealSource #50079290 Report a problem
    7/11/2022Price change$279,900-3.4%$73/sqft
    Source: MiRealSource #50079290 Report a problem
    6/20/2022Listed for sale$289,900+7.6%$75/sqft
    Source: MiRealSource #50079290 Report a problem
    11/8/2021Listing removed--
    Source: WWMLS #201812114 Report a problem
    8/18/2021Price change$269,500-0.1%$70/sqft
    Source: WWMLS #201812114 Report a problem
    5/10/2021Listed for sale$269,900$70/sqft
    Source: WWMLS #201812114 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,939 +2%$159,300 +5.6%
    2024$5,821 +6.2%$150,800 +14.6%
    2023$5,479 $131,600 +22.8%
    2022-- $107,200 +6.5%
    2021-- $100,700 +1.7%
    2020-- $99,000 +0.1%
    2019-- $98,900 +16.5%
    2018$3,547 $84,900 -1%
    2017-- $85,800 +10.4%
    2016-- $77,700
    2015-- $77,700 -5.9%
    2014-- $82,600 +0.1%
    2013-- $82,500 +2.1%
    2012-- $80,800 +3.9%
    2011-- $77,800 -4.1%
    2010-- $81,100
    Find assessor info on the county website

    Neighborhood: 49738

    Nearby schools

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

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

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