Lake Margrethe Real Estate

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Lake Margrethe Homes for Sale


If owning a home in Northern Michigan on lakefront property, look no further than the beautiful Lake Margrethe. This pristine lake is one of Michigan’s best kept secrets with spectacular morning views of the peaceful lake and breathtaking sunsets at night. You won’t find a more scenic place than Lake Margrethe. Away from the lights of the city you’ll be mesmerized at night by the millions of stars light the sky. Lake Margrethe, formerly known as Portage Lake, was renamed in the early 1900’s after Margrethe Hanson, the wife of Rasmus Hanson who was one of the most influential lumber barons in the Grayling area.

Beautiful Lake Margrethe is located near Grayling, Michigan with its crystal clear waters, sandy bottom and gradually receding water depths, make it an ideal swimming lake for adults and children alike.  In many areas you can walk out up to 150 from the shoreline and still be in only about three feet of water. The lake averages about 35 foot deep but in the western bay of Lake Margrethe, water depths can exceed more than 50 feet and in a small area in the southern bay, the depth reaches 65 feet. Most days of the week you’ll find minimum boat traffic. Lake Margrethe is well known for its fishing, but with 1,920 acres of room to play, it is also great for swimming, water skiing, jet skiing, rafting, wind surfing, kayaking, snorkeling, ice skating and ice fishing in the winter, or just sun bathing and lounging on the shores. The large fish population on Lake Margrethe that visitors and residents alike take advantage of throughout the year includes such species as rock bass, yellow perch, bluegill, smallmouth bass, largemouth bass, northern pike, tiger muskie, and walleye. Lake Margrethe also features many small sand bars found throughout the lake so it’s not unusual to see a jet skier or boater get off their vessels to wade around on one of the more shallow areas that can be found even in the middle of the lake. People who visit Lake Margrethe come back time and again to enjoy the lake’s amenities as well as the friendliness of the neighbors and residents. When you live on a lake, having kind and considerate neighbors makes all the difference in the world. The locals are happy to recommend great places in town like Goodale’s Bakery behind the gas station in Grayling which serves up excellent pastries and Wimpy’s for some of the best ice-cream on the planet.

Many people choose to live in more secluded and rural Northern Michigan communities for the privacy as well as the recreational opportunities such as fishing, hunting, skiing, bird watching, nature trails, biking, hiking, snow shoeing, golf, snowmobiling, and mountain biking. While you have all that and more in Lake Margrethe, it’s comforting to know that you’re not far from exceptional medical services, hospitals, banks, grocery stores, shopping stores, laundry mats, movie theaters, and all kinds of restaurants, from mom and pop’s, to fine dining.

There are a number of benefits to lakefront living including the relaxing nature of living in a place where instead of the noise of the highway at night, you can be lulled to sleep by the sounds of crickets chirping and the sound of water lapping up against the shore. In the mornings, you’ll awaken to the sounds of birds chirping. Sleep can be hard to come by but studies have shown that living near water can help you get a better night’s sleep. Living in a more rural area is beneficial to your health; you’ll feel less stress and may even lower your blood pressure. Lowering stress also helps boost your immune system. Fresh air and sunshine can have countless positive effects on a person’s mood and overall health but as we all know, many people don’t get enough vitamin D. Getting out in the sun can provide us with a source of vitamin D the can help prevent osteoporosis as we age, as long as we do it in moderation and use sunscreen. In addition to the benefits nature provides, living on or near the waterfront encourages people to live a more active and healthier lifestyle.  With easy access to countless opportunities for exciting recreational activities, people tend to get out and play more, and all of these activities lead to closer bonds with family and friends. When you have a home on the waters of Lake Margrethe, it might just be less likely that your kids will be tucked away in their rooms’ glues to their mobile devices.  Instead, imagine a family barbecue on the deck followed by a spin on the lake, and star gazing at night.

It’s clear there are many physical and emotional benefits to living on a lake, but there is also a clear financial advantage to owning lakefront property. Even during economic recessions, lakefront property rarely loses its value. Lakefront property is one of the best investments a property owner can make. As demand for these properties increases, so do the resale values. Lakefront homes and available land to build lakefront homes on is becoming more scarce. When something becomes scarce, it often makes it that much more desirable and expensive. But for those who have enjoyed the luxury of waterfront living, there’s an emotional value that goes above and beyond price tag because you can’t put a price tag on an exceptional quality of life.

There is a variety of homes for sale on Lake Margrethe that will appeal to any taste or price range. From cozy lakefront cabins to large, luxurious, modern homes with all the amenities, Lake Margrethe has it all. Some of the quaint communities located around the many boat landings of Lake Margrethe include Margrethe Blvd. by Camp Grayling as well as Danish Landing, which is one of the earliest summer resort areas. Today, many of these landings have become more residential offering a wide variety of property options.

While homes on lakes can be pricey, it’s important to know that with the help of an experience Realtor®, there are still deals to be had. Working with an experienced Realtor® like Ken Carlson, who knows lakefront properties, can be a huge advantage when it comes time to negotiate.

Ken Carlson Realty specializes in Lake Margrethe Real Estate. Lake Margrethe is located near the city of Grayling in Crawford County. Prime lakefront and waterfront property right on Lake Margrethe!