Price Reduction - Waterfront
Address
5973 W M-72 Highway, Grayling, MI
Price
$ 850,000
Property Attributes
- MLS#201838519
- TypeSingle Family
- Listing Status Active
- CountyCRAWFORD
- CityGrayling
- AreaGrayling
- NeighborhoodT26N-R3W
- Zip49738
- StyleCabin
- Price$ 850,000
- Bedrooms7
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage836
- Lot Size16 Acres
Data Source:
Water Wonderland MLS (WWMLS)
Property Description
REMARKABLE BUSINESS OPPORTUNITY-Finley's Riverside Cabins! Situated on over 16+ scenic wooded acres & on over 1000' of AuSable River frontage! Beautifully remodeled cabins w/modern amenities, perfectly placed on a bustling stretch of M-72, just west of downtown Grayling. This is a well established vacation rental business with repeat business growing every year & open year round! An outdoor pavilion rental seating 80 comfortably for weddings, graduations, reunions & parties, a beautiful secluded riverside ceremony space & plenty of parking. There are several wooded walking trails leading to a canal off the river, a spring-fed pond, a kayak/canoe launch area, & several seating areas. The bend in the river is the best trout fishing spot around! This business comes as TURN-KEY operation ! The owners have taken great care of the property- including adding the pavilion & maintaining the structures to ensure longevity. The year-round cabin foundations have been protected by Foundation Systems of Michigan with transferrable warranty & an extra foot of insulation added, Window Source triple pane (easy-tilt to clean) windows installed for great insulating efficiency. Roof Maxx treatment was applied to add years of longevity to the shingles. All rental cabins are tastefully decorated & come furnished with everything included! On-site caretakers apartment makes this an easy business to run. Also included- John Deere lawn tractor/snowblower, 2 generators & Ankee Security System. Grayling municipal water coming soon. Full inventory available upon request.
| Elementary School | High School |
|---|---|
| Grayling Elementary School | Grayling High School |
| Price History | |
|---|---|
| 1/16/2026 | Listed $1,200,000 |
| 4/30/2026 | 21$950,000 |
| 8/12/2026 | 11$850,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Mini Split Heat/Cool,Electric |
| Appliances | Washer,Range/Oven,Refrigerator,Microwave,Dryer |
| Architectural Style | Cabin |
| Security Features | Security System,Smoke Detector(s) |
| Township | Grayling |
| Property Subtype | Residential Water |
| County | Crawford |
| New Construction | No |
| Property Type | Residential |
| Subdivision Name | T26N-R3W |
| Garage Y/N | No |
| Full Baths | 5 |
| Status | Active |
| Directions | From downtown Grayling head west on M-72 to Finley's on left. |
| High School | Grayling |
| City | Grayling |
| Body of Water | Au Sable River |
| High School District | Crawford Ausable |
| Lot Size Units | Acres |
| Lot Size Square Feet | 696960.0 |
| Carport Y/N | No |
| Elementary School | Grayling |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| Utilities@Core.Permissions | None |
| Unit | 16 Acres |
Interior Features
| Interior Amenities | Blinds,Curtain Rods,Drapes,1st Flr Primary Bdrm |
|---|---|
| Basement | None |
| Heating Y/N | Yes |
| Above Grade Finished Area | 836.0 |
| Half Baths | 1 |
| Laundry Features | Main Level |
| Total Bedrooms | 7 |
| Total Baths | 6 |
Exterior Features
| Exterior Amenities | Cable TV,Guest Quarters/Apt,Patio/Porch,Portable Generator,Shed |
|---|---|
| Lot Size Area | 16.0 |
| Foundation Details | Crawl |
| Spa | No |
| Building Area Total | 836.0 |
| Lot Dimensions | 16+ acres |
| Lot Size Acres | 16.0 |
| Road Surface Type | Paved,Maintained |
| Frontage Type | River |
| Waterfront Y/N | Yes |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49738
Price
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 10, 2026 5:39 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
