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!
For sale
Price cut: $40K (2/12)
$350,000
8451 Sherman Rd, Grayling, MI 49738
2beds
2,112sqft
Est.:
Single Family Residence
Built in ----
49.3 Acres Lot
$-- Zestimate®
$166/sqft
$-- HOA
What's special
Multiple outbuildingsWalkout basement
- 106 days |
- 1,880 |
- 58 |
Zillow last checked: 8 hours ago
Listing updated: February 12, 2026 at 07:05am
Listed by:
Hannah Techel 989-858-0464,
The TEAM Real Estate Group 989-732-6500
Source: WWMLS,MLS#: 201837979
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: $166/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
Estimated market value
Not available
Estimated sales range
Not available
$2,289/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Price change | $350,000-10.3%$166/sqft |
Source:  WWMLS #201837979 Report a problem | ||
| 12/1/2025 | Price change | $390,000-2.5%$185/sqft |
Source: WWMLS #201837979 Report a problem | ||
| 11/13/2025 | Listed for sale | $400,000$189/sqft |
Source: WWMLS #201837979 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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% |
| 2022 | -- | $103,500 -10.7% |
| 2021 | -- | $115,900 +4.1% |
| 2020 | -- | $111,300 +3.1% |
| 2019 | -- | $108,000 +11.6% |
| 2018 | -- | $96,800 +0.9% |
| 2017 | -- | $95,900 +11.6% |
| 2016 | -- | $85,900 |
| 2015 | -- | $85,900 -3.6% |
| 2014 | -- | $89,100 +4.7% |
| 2013 | -- | $85,100 +6.2% |
| 2012 | -- | $80,100 |
| 2011 | -- | $80,100 -1.7% |
| 2010 | -- | $81,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,952/mo
Principal & interest
$1634
Property taxes
$318
Climate risks
Neighborhood: 49738
Nearby schools
GreatSchools rating
- 5/10Grayling Elementary - Ausable Primary SchoolGrades: PK-4Distance: 9.9 mi
- 6/10Grayling Middle SchoolGrades: 5-8Distance: 10.1 mi
- 7/10Grayling High SchoolGrades: 9-12Distance: 7.9 mi
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