MI > Benzie > Frankfort > 501 Michigan Avenue

$2,400,000

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  • 7 Bedrooms
  • 4 Full Bath
  • 3 3/4 Bath
  • 1 Half Bath
  • 4,851 SqFt
  • MLS# 1931537
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Nestled on the bluff overlooking the serene waters of Lake Michigan and the historic Frankfort Lighthouse, this iconic 7-bedroom, 8-bath home offers an unparalleled living experience. A rare opportunity to own one of the most distinguished properties in downtown Frankfort, this home captures stunning panoramic views, the soothing sound of waves and is surrounded by mature landscape providing a tranquil, picturesque setting. As you step inside, you'll be greeted by a mid-century modern foyer featuring soaring ceilings, intricate wood detailing, and beautiful stained glass windows. The expansive lake-facing side of the home is lined with windows, bringing in natural light and providing breathtaking views of the lake. The home has been very well maintained with flawless wood flooring throughout. The spacious living room, features a wood-burning fireplace and flows seamlessly into the dining room and kitchen. The large butcher block island is ideal for gatherings and entertaining, making this home perfect for family and friends. On the main floor, you'll find three guest bedrooms, each with its own private bath, ensuring ample space and privacy for guests. The private primary suite is a true retreat and offers sweeping views of Lake Michigan, a large office/library, a cozy sitting room with a gas fireplace, wet bar, en-suite bathroom and a private deck. A fourth guest bedroom boosts stunning views with a private bath. For outdoor entertaining, a spacious screened-in porch offers the perfect spot to unwind, enjoy the sunset, and listen to the waves crashing below. The detached two-car garage provides space for cars and seasonal equipment and toys. Attached is a charming two-bedroom, one-bath bunk house--ideal for guests or as a rental opportunity. Tucked away in a quiet setting yet just a short walk to the charming shops, restaurants and area conveniences of Downtown Frankfort. A true gem on the shores of Lake Michigan!

Property Information

Status
Active 
Address
501 Michigan Avenue 
City
Frankfort 
Zip
49635 
County
Benzie 
Township
Frankfort 
Possession
At Closing 
Zoning
Residential
Property Type
Residential
Listing Date
03/18/2025 
List Price
$2,400,000
Total Finished SqFt
4,851 
Above Grade SqFt
4,851 
Garage
2.0 
Garage Desc.
Concrete Floors, Detached, Door Opener, Finished Rooms, Heated 
Waterfront Desc
All Sports, Bluff (greater than 10ft), Great Lake, Priv Frontage (Wtr Side), Sandy Shoreline/Bottom, Water View 
Water
Municipal
Sewer
Municipal
Year Built
1935 
Home Style
2 Story, Contemporary 

School Information

School District
Frankfort-Elberta 
Elementary School
Frankfort Elementary School 
Middle School
Frankfort High School 
High School
Frankfort High School 

Rooms and Land

PrimaryBedroom
25.7X21.6 2nd Floor
Bedroom2
17.3X14.5 2nd Floor
Bedroom3
15.11X16.2 1st Floor
Bedroom4
11.11X15.5 1st Floor
Dining
19.4X14.8 1st Floor
Family
25.0X21.3 2nd Floor
Kitchen
19.3X18.1 1st Floor
Laundry
25.7X15.8 Lower Floor
Living
31.11X20.9 1st Floor
Basement
Block, Crawl Space, Daylight Windows, Entrance Inside, Full, Unfinished 
Cooling
Baseboard, Forced Air, Natural Gas 
Heating
Baseboard, Forced Air, Natural Gas 
Acreage
1.28 
Lot Dimensions
313X164 irreg 
Appliances
Ceiling Fan, Cook Top, Curtain Rods, Dishwasher, Drapes, Dryer, Oven/Range, Refrigerator, Smoke Alarms(s), Trash Compactor, Wall Oven, Washer 

Features

Fireplace Desc.
Fireplace(s), Gas, Wood 
Interior Features
Built-In Bookcase, Cathedral Ceilings, Den/Study, Foyer Entrance, Great Room, Island Kitchen, Mud Room, Pantry, Solarium/Sun Room, Solid Surface Counters, Wet Bar 
Exterior Materials
Stucco/Drivit 
Exterior Features
Balcony, Deck, Gutters, Patio, Porch, Screened Porch 
Additional Buildings
None 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1931537 Active Mar 18 2025 6:45AM $2,400,000 87
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

MITAAR Logo

Listing Courtesy of Century 21 Northland-Frankfort
Office Address 408 Main Street PO Box 2216

501 Michigan Avenue Frankfort
Contact us
$2,400,000
For Sale • Bed: 7 • Bath: 4/1