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About This Home

This 1-bedroom, 1-bathroom single family at 3500 Borchers Way in Grayling, MI is listed for $475,000 ($1,480 per sqft). Built in 1960, the home offers 321 sqft of living space on a 3.10 acres lot.

Agent Description

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.

Key Features

  • Built in 1960
  • 3.10 acre lot
  • Waterfront

Property Details

1 full
1960

Amenities

Waterfront

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

3500 Borchers Way

Grayling, MI 49738

T26N, R4W

Features & Amenities

Interior Features

Ceiling FanVaulted Ceiling(s)Wood Laminate1st Flr Master Bdrm

Exterior Features

Cable TVNatural

Property Details

Construction

Full Log

Heating

Wall FurnaceElectric (Heating)

Appliances

RefrigeratorMicrowave

Questions & Answers

This 1-bedroom, 1-bathroom single family at 3500 Borchers Way is listed at $475,000 ($1,480/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 3.10 acre lot, Waterfront. Interior Features: Ceiling Fan, Vaulted Ceiling(s), Wood Laminate. Exterior Features: Cable TV, Natural.

This property is listed by Michael Rosen and can be reached at 9893706785 or mrosen@smithrealtygaylord.com.

MR

Michael Rosen

Agent at smith realty GROUP

(989) 370-6785

Listed by smith realty GROUP · View on Broker Site

MLS# 201839918· Source: listhub· Updated 24 days ago

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3500 Borchers Way, Grayling, MI 49738

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