Active

7208 Key Phyve Trail

Grayling, MI 49738

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2

Bedrooms

2

Full Baths

1,747

Square Feet

Discover your perfect retreat in this stunning 2-bedroom, 2-bathroom home that offers 2,751 square feet of spacious living on 2.6 acres adorned with mixed trees and a lakefront view. This property has been thoughtfully remodeled and expanded since 1997, providing a modern haven on scenic KP Lake offering 209 feet of frontage. With over 200-acres of pristine water, reaching depths of 20 to 25 feet, the lake regularly has fish restored by the Department of Natural Resources (DNR), ensuring endless fishing opportunities. Plus, with only electric motors allowed, the lake remains serene and clean. For your convenience, a dock with power and a paddleboard are included, along with a reliable whole-house standby Generac generator. Embrace the rich wildlife surrounding you, including deer, elk, bears, fox, majestic eagles, and loons that call on the lake. This home boasts a cozy gas stone fireplace, hearth, elegant oak flooring, a quaint office with a built-in desk, a two-car garage, and a spacious pole barn, all finished with recent metal roofing. Feel secure with the installed security alarm and cameras. Enter home with stunning window views, soaring vaulted ceilings, and walk-out decks. Indulge in the master suite, featuring a large, relaxing, windowed sunroom overlooking the lake, and a jacuzzi tub, while the main bathroom impresses with undermount double basin Corian sinks on soft close vanity cabinetry and a walk-in shower surround complete with teak seat. The kitchen is a chef's dream with Jenn-Air touch glass cook top, Jenn-Air double ovens, Corian countertops and an undermount double basin Corian sink, spacious custom built-in Kraft Maid cabinetry. An additional finished rec area and sleeping area for guests is on the lower floor, which includes a deck and steps leading down to the lake.

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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
7208 Key Phyve Trail 
City
Grayling 
Zip
49738 
County
Crawford 
Township
Lovells 
Possession
TBD 
Zoning
residential
Property Type
Residential
List Price
$520,000
Total Finished SqFt
2,751 
Above Grade SqFt
1,747 
Garage
2.0 
Garage Desc.
Garage-Detached 
Waterview
Waterfront
Waterfront Desc
Water Front 
Waterfrontage
209.0 
Body of Water
KP 
Water
Well
Sewer
Septic
Year Built
1970 
Home Style
Residential Home 

Bedroom 3
non-conforming 15x13 Lower Floor
Bath1
8x8 1st Floor
Bathroom 2
9.8 x 7 1st Floor
Laundry
Lower Floor
Other
Office 14 x 8.4 1st Floor
Other 2
susroom 19.5 x 9.2 1st Floor
Bedroom 2
13.7 x 12.3 1st Floor
Living
25 x 13.8 1st Floor
Kitchen
14 x 9.5 1st Floor
Dining
26.6 x 12 1st Floor
Family
24 x 11 Lower Floor
Primary Bedroom
14.4 x 14 1st Floor
1st Floor Primary
Yes 
Basement
Finished, Full, Walkout 
Heating
Forced Air 
Acreage
2.61 

Features
Built In Microwave, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dock, Dryer, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Security System, Standby Generator, Washer, Whirl Pool, Wood Floors

School District
Crawford Ausable 

MLS Number Status Activity Date List Price Sold Price DOM
479819 Active Jun 18 2026 4:25PM $520,000 40

Listing courtesy of  Harbor Sotheby'S International Rlty - Harbor Sprgs
Office Address: 257 E Main St, Harbor Springs

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 7208 Key Phyve Trail, 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.

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