Active

3500 Borchers Way

Grayling, MI 49738

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Discover an extraordinary 3.1-acre build site with 150 feet of private frontage on the pristine Lake Margrethe. This sandy bottom lake offers crystal clear waters and breathtaking panoramic views. The build site is expertly laid out, ready for your dream home. Complementing this unique offering is a charming 1-bed, 1-bath, 321 sq ft bunkhouse, perfect for guests or a cozy retreat. Located near Hansen Hills Ski & Recreation Area, enjoy endless outdoor adventures on miles of bicycle trails and the nearby Au Sable River. This is a rare opportunity for lakeside living with convenience and natural beauty. Cable internet and natural gas available. Please schedule showings through MLS# 201839918

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Estimated Monthly Payment Breakdown

Est. Purchase Price

$50,907 per month

PMI

$3,461 per month

Insurance

$400 per month

Taxes

$12,500 per month

Total Payment:

$67,268 per month

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Status
Active 
Address
3500 Borchers Way 
City
Grayling 
Zip
49738 
Lot Size
135036.0 
Features
Cabin/Cottage, Cable Available, Driveway, Nat Gas Available
Lot Dimensions:
3.1 acres 
Water
Well 
List Price
$475,000
Subdivision
T26N, R4W 
County
Crawford 
Waterfront Desc
Water Front 
Waterfrontage
150.0 
Body of Water
Lake Margrethe 

School District
Crawford Ausable 

MLS Number Status Activity Date List Price Sold Price DOM
201839917 Active May 8 2026 2:50PM $475,000 81
201839918 Active May 8 2026 2:35PM $475,000 81

Listing courtesy of  Smith Realty Group
Office Address: 1349 S. Otsego Ave., Gaylord

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Listings last updated: July 28, 2026. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.

Our Michigan real estate agents can answer all of your questions about 3500 Borchers Way, Grayling MI 49738. Real Estate One and Max Broock Realtors are part of the Real Estate One Family of Companies and dominate the Grayling, Michigan real estate market. To sell or buy a home in Grayling, Michigan, contact our real estate agents as we know the Grayling, Michigan real estate market better than anyone with over 100 years of experience in Grayling, Michigan real estate for sale.

The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Services. Real Estate listings held by brokerage firms other than Real Estate One includes the name and address of the listing broker where available.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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The data relating to real estate one this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real Estate listings held by brokerage firms other than Real Estate One are marked with the WWLX logo and the detailed information about said listing includes the listing office. Water Wonderland MLS, Inc. © All rights reserved.