5973 W M 72 Hwy, Grayling, MI, 49738
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Foundation: Crawl
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Washer,Range/Oven,Refrigerator,Microwave,Dryer
- Laundry features: Main Level
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Window features: Blinds,Curtain Rods,Drapes
- Finished area above ground: 836
Heating & Cooling
- Heating features: Mini Split Heat/Cool,Electric
- Cooling features: Mini Split Heat/Cool
Interior Area
- Total structure area: 836
- Total interior livable area: 836 sqft
Master Bedroom
- Level: First
Property
Details
- Parcel number: 040410180602000, 060 & 040, 0071104500
- Other equipment: Portable Generator
Features
- Patio & porch: Patio/Porch
- On waterfront: Yes
- Waterfront features: River
- Waterbody name: Au Sable River
Lot
- Lot size: 16 Acres
- Lot size dimensions: 16+ acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Inland Flooding
- Hail
- Strong Wind
- Tornado
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Crawford County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,803 | $57,636 |
| Home Insurance * | $434 | $5,208 |
| Property Taxes | $791 | $9,492 |
| Electricity | $188 | $2,259 |
| Total | $6,216 | $74,592 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $950,000 |
| 2026-01-16 | Listed for sale | $1,200,000 |
| 2017-01-30 | Sold | $105,000 |
| 2013-09-30 | Sold | $90,000 |
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