Address
501 Michigan Avenue, Frankfort, MI
Price
$ 1,850,000
Property Attributes
  • MLS#1945300
  • TypeSingle Family
  • Listing Status Active
  • CountyBENZIE
  • CityFrankfort
  • AreaBenzie
  • NeighborhoodFrankfort
  • Zip49635
  • StyleContemporary
  • Year Built1935
  • Price$ 1,850,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms1
  • Sqr Footage4851
  • Lot Size1.28 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

Perched on a scenic bluff overlooking the crystal clear waters of Lake Michigan and the iconic Frankfort Lighthouse, this extraordinary 7-bedroom, 8-bath estate offers a rare opportunity to own one of downtown Frankfort’s most distinguished homes. Surrounded by mature landscaping and framed by breathtaking panoramic views, the property delivers a peaceful retreat where the sights and sounds of the lake take center stage. Inside, a striking mid-century modern foyer welcomes you with soaring ceilings, rich wood detailing, and stunning stained-glass windows. Walls of windows along the lake-facing side of the home flood the interior with natural light while showcasing spectacular water views from nearly every angle. Impeccably maintained wood flooring flows throughout the home, adding warmth and timeless character. Designed for both comfortable everyday living and effortless entertaining, the spacious living room features a cozy wood-burning fireplace and opens seamlessly to the dining area and kitchen. The kitchen’s oversized butcher block island creates the perfect gathering space for hosting family and friends. The main level includes three generously sized guest suites, each with a private bath for comfort and privacy. The luxurious primary suite is a private sanctuary complete with sweeping Lake Michigan views, a spacious office/library, sitting room with gas fireplace, wet bar, en-suite bath, and private deck overlooking the water. An additional guest suite also enjoys stunning lake views and a private bath. Outdoor living is equally exceptional with a large screened-in porch designed for relaxing evenings, sunset views, and the soothing sound of waves below. The detached two-car garage offers ample storage for vehicles and recreational gear, while the attached two-bedroom, one-bath bunkhouse provides ideal guest accommodations or potential rental income. Perfectly tucked away in a serene setting yet just moments from Downtown Frankfort.

Elementary School Middle School High School
Frankfort Elementary School Frankfort High School Frankfort High School
Price History
5/18/2026 Listed $1,999,999
8/18/2026 8$1,850,000

General Features

Sewer Public Sewer
Heating Forced Air,Baseboard,Fireplace(s),Natural Gas
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator,Oven/Range,Dishwasher,Trash Compactor,Washer,Dryer,Oven,Cooktop
Garage Spaces 2
Association Fee Includes None
Patio/Porch Features Deck,Patio,Porch,Screened
Architectural Style Contemporary
Security Features Smoke Detector(s)
Construction Materials Frame,Stucco/Drivit
Pets Allowed false
Year Built 1935
View Water
Stories Count 2
Township Frankfort
Levels Two
Property Subtype Single Family Residence
Waterfront Features All Sports,Bluff (greater than 10ft),Great Lake,Sandy Shoreline
Community Features None
Accessibility Covered Entrance
Assoc Fee Paid Per Annually
County Benzie
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name The Bluffs of Frankfort
Garage Y/N Yes
Other Structures None
Full Baths 4
Status Active
Directions M-22 and turn west onto Park Avenue. Turn right onto Michigan Avenue and use the Bluffs entrance and driveway on the left. Follow real estate signs.
High School Frankfort High School
City Frankfort
High School District Frankfort-Elberta Area Schools
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 55756.8
Carport Y/N No
Elementary School Frankfort Elementary School
Home Warranty Y/N No
Middle/Junior High School Frankfort High School
Lease Renewal Y/N No
Lease Considered Y/N No
Virtual Tour https://u.listvt.com/mls/177462526
Primary Bedroom Level Upper
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Frankfort-Elberta Area Schools
Elementary School District Frankfort-Elberta Area Schools
Tax Assessed Value 414822
Virtual Tour https://listings.nextdoorphotos.com/501michiganavenue,https://www.zillow.com/view-imx/ff98eda4-1fe9-47ab-b675-bc721aeb9a5d?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description COM AT NW COR OF LOT 9 BLK 8 N 19 DEG 42'30 W 88.19 FT TO POB N 19 DEG 42'30 W 190.04 FT N 26 DEG 21'00 W 11.23 FT N 63 DEG 39'00 E 315.23 FT S 93.08 FT S 42 DEG 29'10 E 36.96 FT S 41.45 FT S 22
AttributionContact Cell: 231-651-0923
Freehold VOW,BBO,IDX

Interior Features

Interior Amenities Cathedral Ceiling(s),Bookcases,Entrance Foyer,Wet Bar,Pantry,Solarium/Sun Room,Solid Surface Counters,Kitchen Island,Mud Room,Great Room,Den/Study,Ceiling Fan(s),Cable TV,High Speed Internet
Basement Full,Crawl Space,Daylight,Unfinished,Interior Entry
Flooring Concrete,Wood
Fireplace Features Gas,Wood Burning
Kitchen Level Main
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Drapes,Curtain Rods
Fireplace Y/N Yes
Above Grade Finished Area 4851
Half Baths 1
3/4 Baths 3
Laundry Features Lower Level
Total Bedrooms 7
Living Room Level Main
Main Level Bedrooms 2
Main Level Bathrooms 5
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 8
Primary Bathroom Features Private
Kitchen Area 349.33
Kitchen Length 19.3
Kitchen Width 18.1
Primary on Main 250.85
Second Bedroom Length 17.3
Second Bedroom Width 14.5
Bedroom 3 Area 244.781999999
Bedroom 3 Length 15.11
Bedroom 3 Width 16.2
Bedroom 4 Area 172.204999999
Bedroom 4 Length 11.11
Bedroom 4 Width 15.5
Dining Room Area 19.4
Dining Room Width 14.8
Family Room Area 532.5
Family Room Length 25
Living Room Area 650.199
Living Room Length 31.11
Living Room Width 20.9
Primary Bedroom Area 555.12
Primary Bedroom Length 25.7
Primary Bedroom Width 21.6
Family Room Width 21.3
Family Room Level Upper
Dining Room Level Main
Dining Room Area 287.12
Bedroom 4 Level Main
Bedroom 3 Level Main
Second Bedroom Level Upper

Exterior Features

Exterior Amenities Balcony,Rain Gutters
Parking Features Asphalt,Circular Driveway,Easement,Private,Detached,Garage Door Opener,Heated Garage,Finished Rooms,Concrete Floors
Lot Features Wooded-Hardwoods,Cleared,Wooded,Evergreens,Level,Bluff,Metes and Bounds
Water Source Public
Lot Size Area 1.28
Foundation Details Block
Number of Buildings 1
Spa No
Lot Dimensions 313X164 irreg
Lot Size Acres 1.28
Road Surface Type Asphalt
Frontage Type Waterfront
Waterfront Y/N No
Road Responsibility Public Maintained Road
Horse 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 49635

Price
AVG $900K
$1.85M
Year Built
AVG 1978
1935
Visits
AVG 33
50
Data Provided by Inside Real Estate®

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