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7208 Key Phyve Trail, Grayling, MI 49738

$520,000
  • 7208 Key Phyve Trail, Grayling, MI 49738 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET2,263 MLS#479819
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLCrawford Ausable

Property Description

Discover your perfect retreat in this stunning 2-bedroom, 2-bathroom home that offers 2,263 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 (Key Phyve) Lake. 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. Square footage is estimated, based on older floor plans. Buyer's agent to confirm for their buyers. No showings until July 15, after the new carpet is installed.

7208 Key Phyve Trail | MLS# 479819

This single family home located at 7208 Key Phyve Trail, Grayling, MI 49738 is currently listed for sale with an asking price of $520,000. This property was built in 1970 and has 2 bedrooms and 2 full baths with 2263 sq. ft. Key Phyve Trail is located within the Crawford Ausable school district. Search Grayling real estate on robhohler.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 2.61 Acres
Roof Type: Asphalt Shingle
Year Built: 1970

Feature Descriptions

Exterior: Wood Frame/Site Built
Security: yes
Sewer: Septic
Swimming Pool: Yes
Water: Well

Local Schools

School District: Crawford Ausable

Listed By / Shown By

Listed By

Agency Name: Harbor Sothebys International Rlty - Harbor Sprgs
Agency Phone: 231-526-9889

Shown By

Agent Name: Rob Hohler
Agent Phone: Cell: (419) 602-7577
Agency Title: Key Realty

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Estimated Payment

$ 3,060.40 per month $2,908.73 Principal & Interest $0.00 Property Tax (data not provided by mls) $151.67 Homeowner's Insurance

Change Payment Information

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Whether you’re buying or refinancing, Billy Horn with Savage Mortgage Services can help you find the right program at highly competitive rates, with fast, local service and integrity.

Disclaimer: 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 consumers 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 on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 5:01:57 PM EST) or MichRic (Michigan Regional Information Center) (last updated Fri 06/19/2026 4:58:45 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Fri 06/19/2026 4:49:44 PM EST) or MRED MLS (last updated Fri 06/19/2026 4:58:46 PM EST) or NIRA MLS (last updated Fri 06/19/2026 4:54:59 PM EST) or RealComp MLS (last updated Fri 06/19/2026 4:50:11 PM EST) or Dayton MLS (last updated Fri 06/19/2026 4:57:10 PM EST) or NORIS MLS (last updated Fri 06/19/2026 5:00:20 PM EST) or IRES MLS (last updated Fri 06/19/2026 4:47:48 PM EST) or Colorado Real Estate Network IDX (last updated Fri 06/19/2026 8:36:31 AM EST) or CBRMLS (last updated Fri 06/19/2026 4:55:28 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Fri 06/19/2026 5:00:40 PM EST) or Terrehaute MLS (last updated Fri 06/19/2026 4:57:38 PM EST) or elevate MLS (last updated Fri 06/19/2026 5:00:43 PM EST) or Stellar MLS (last updated Fri 06/19/2026 4:48:20 PM EST) or NKY MLS (last updated Fri 06/19/2026 4:57:42 PM EST) or Wrist MLS (last updated Fri 06/19/2026 4:54:39 PM EST) or Firelands MLS (last updated Fri 06/19/2026 4:12:08 PM EST) or LCAR MLS (last updated Fri 06/19/2026 10:50:43 AM EST) or West Central MLS (last updated Fri 06/19/2026 4:53:29 PM EST) or Fort Myers (last updated Fri 06/19/2026 4:57:39 PM EST) or Aspen/Glenwood Springs MLS (last updated Fri 06/19/2026 3:30:16 PM EST) or Northern Nevada Regional MLS (last updated Fri 06/19/2026 4:57:29 PM EST) or MLS NOW (last updated Fri 06/19/2026 4:59:44 PM EST) or Northern Great Lakes Association of Realtors (last updated Fri 06/19/2026 4:49:23 PM EST) or Mansfield MLS (last updated Fri 06/19/2026 4:57:23 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Fri 06/19/2026 4:51:47 PM EST) or Grand Junction MLS (last updated Fri 06/19/2026 4:58:26 PM EST) or Knox County MLS (last updated Fri 06/19/2026 4:53:14 PM EST) or IRMLS (last updated Fri 06/19/2026 4:58:32 PM EST) or Pueblo MLS (last updated Fri 06/19/2026 4:45:49 PM EST) or Upper Peninsula MLS (last updated Fri 06/19/2026 5:00:14 PM EST) or Greater Lansing MLS (last updated Fri 06/19/2026 4:55:48 PM EST) or SEBAR MLS (last updated Fri 06/19/2026 5:00:05 PM EST) or Water Wonderland MLS (last updated Fri 06/19/2026 4:53:06 PM EST) or Eastern Upper Peninsula MLS (last updated Fri 06/19/2026 5:00:22 PM EST) or Scioto Valley MLS (last updated Fri 06/19/2026 4:02:55 PM EST) or Northern Michigan MLS (last updated Fri 06/19/2026 3:36:07 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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