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For sale
  • Price cut: $10K (12/1)
    $390,000

    8451 Sherman Rd, Grayling, MI 49738

    2beds
    2,112sqft
    : 
    Single Family Residence
    Built in ----
    49.3 Acres Lot
    $363,100 Zestimate®
    $185/sqft
    $-- HOA

    What's special

    Multiple outbuildingsWalkout basement
    Prime Hunting Property! Nearly 50 rolling acres of beautiful hardwoods between Gaylord and Grayling, just minutes from Frederic. This property includes a 2-bedroom ranch with walkout basement—interior mostly gutted after a water line break, ready for your renovation vision. Multiple outbuildings offer endless potential: a 30x48 concrete-floor pole barn, 30x48 dirt-floor barn, 24x24 detached garage, and 32x32 attached insulated garage. A rare opportunity to own acreage in a premier hunting and outdoor recreation area. Bring your plans and make this Northern Michigan property your dream retreat!
    44 days
    |
    1,295
    |
    68
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2025 at 12:35pm

    Listed by:

    Hannah Techel 989-858-0464,

    The TEAM Real Estate Group 989-732-6500

    Source: WWMLS,MLS#: 201837979MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Propane
    Appliances
    • Laundry: Lower Level
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 2,112
    • Total interior livable area: 2,112 sqft
    • Finished area above ground: 1,152

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Frontage type: None
    Lot
    • Size: 49.3 Acres
    • Dimensions: 49.3 Acres
    Details
    • Parcel number: 02002100313001

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Basement

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Community
    • Subdivision: T28N R3W
    Location
    • Region: Grayling

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $272,800
    • Annual tax amount: $3,020
    • Date on market: 11/13/2025
    • Listing terms: Cash,Conventional Mortgage
    • Ownership: Owner
    • Road surface type: Paved, Maintained
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    Estimated market value

    $363,100

    $345,000 - $381,000

    $2,089/mo

    Price history

    Price history
    DateEventPrice
    12/1/2025Price change$390,000-2.5%$185/sqft
    Source: WWMLS #201837979 Report a problem
    11/13/2025Listed for sale$400,000$189/sqft
    Source: WWMLS #201837979 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$3,020 +4.7%$136,400 -1.7%
    2024$2,884 +4.1%$138,800 +11.2%
    2023$2,769 $124,800 +20.6%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,349/mo
    Principal & interest
    $1858
    Property taxes
    $354
    Home insurance
    $137

      Climate risks

      Neighborhood: 49738

      Nearby schools

      GreatSchools rating

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