Waterfront
Address
501 Michigan Avenue, Frankfort, MI
Price
$ 1,850,000
Property Attributes
  • ID#80068405
  • TypeSingle Family
  • Listing Status Active
  • CountyBENZIE
  • CityFrankfort
  • AreaFrankfort
  • NeighborhoodThe Bluffs of Frankfort
  • Zip49635
  • StyleContemporary
  • Year Built1935
  • Price$ 1,850,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms1
  • Sqr Footage4851
  • Lot Size1.28 Acres
Data Source:
MiRealSource (MIRS)
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

Heating Baseboard,Forced Air
Kitchen Level Main
Cooling Ceiling Fan(s)
Possession At Close
Fireplaces Gas Fireplace
Garage Detached Garage,Gar Door Opener,Heated Garage
Water Public Water
Appliances Dishwasher,Dryer,Range/Oven,Refrigerator,Trash Compactor,Washer
Status Active
Full Baths 7
Half Baths 1
Bathrooms 8
Year Built 1935
Parking Garage
Subdivision The Bluffs of Frankfort
Style Contemporary
County Benzie
Class RESIDENTIAL
Type Single Family
Ownership Private
Section 21
Associated Document Count 5
Status Active
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Utilities Cable Available
Manufactured Y/N No
ROOMS Den/Study/Lib,Entry,Great Room,Sun/Florida Room,Pantry
Structure Style 2 Story
Area Frankfort (10016)
Primary City Frankfort
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
School District Frankfort-Elberta Area Schools
Originating MLS Aspire North REALTORS
Source MLS MI Real Source
Financial Terms Cash,Conventional
Elementary School Frankfort Elementary School
Middle School Frankfort High School
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
Branded Virtual Tour https://listings.nextdoorphotos.com/501michiganavenue
DOM 122
Postal Code 49635
Price Per Sq Ft Total AG 381.36
Public Remarks Perched on a scenic bluff overlooking the crystal clear waters of Lake Michigan and the iconic Frankfort Lighthouse,this extraordinary 7-bedroom

Interior Features

Interior Amenities Cathedral/Vaulted Ceiling,Window Treatment(s)
Family Room Level Upper
Dining Room Level Main
Living Room Level Main
Basement Block,Egress/Daylight Windows,Full,Interior Access,Unfinished
Bedroom 3 Level Main
Bedroom 1 Level Upper
Bedroom 2 Level Upper
Laundry Room Level Lower
Kitchen Length 19
Family Room Length 25
Laundry Room Width 16
Family Room Width 21
Living Room Length 31
Bedroom 4 Width 16
Bedroom 2 Width 15
Bedroom 3 Width 16
Laundry Room Length 26
Dining Room Width 15
Bedroom 4 Length 11
Bedroom 2 Length 17
Living Room Width 21
Bedroom 3 Length 15
Dining Room Length 19
Kitchen Width 18
Beds 7
Fireplace? Yes
Bedroom 1 Length 26
Bedroom 1 Width 22
Above Grade SqFt 4851
Basement Y/N No
Bedroom 2 Floor Covering Wood
Bedroom 3 Floor Covering Wood
Bedroom 4 Floor Covering Wood
Kitchen Floor Covering Wood
Total SqFt Finished 4851

Exterior Features

Exterior Stucco
Exterior Amenities Exterior Balcony,Deck,Patio,Porch
Lot Size Area 1.28
Lot Dimensions 313X164 irreg
Garage # of Car 2
Water Features All Sports Lake,Water View,Waterfront,Great Lake
FOUNDATION TYPE Crawl
SEWER/SEPTIC Community
Waterfront Y/N Yes
Garage Y/N Yes

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 $870K
$1.85M
Year Built
AVG 1978
1935
Visits
AVG 16
111
Data Provided by Inside Real Estate®

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