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
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for 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 deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 21, 2026 5:13 AM UTC
Water Wonderland Board of REALTORS® 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
