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Single family home for sale at 501 Michigan Ave, Frankfort, MI 49635 | MLS# 78080068405 | Listing updated on 2026-08-21
Photo 1 of Single family home for sale at 501 Michigan Ave, Frankfort, MI 49635 | MLS# 78080068405 | Listing updated on 2026-08-21
Photo 2 of Single family home for sale at 501 Michigan Ave, Frankfort, MI 49635 | MLS# 78080068405 | Listing updated on 2026-08-21
Photo 3 of Single family home for sale at 501 Michigan Ave, Frankfort, MI 49635 | MLS# 78080068405 | Listing updated on 2026-08-21
Photo 4 of Single family home for sale at 501 Michigan Ave, Frankfort, MI 49635 | MLS# 78080068405 | Listing updated on 2026-08-21
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$1,850,000

Monthly Est:$9,208

  • Beds Icon7 Beds
  • Beds Icon
    8 Baths
  • Beds Icon4,851sqft

501 Michigan Ave, Frankfort, MI 49635

$9,208/moEst:

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  • Single Family Residence

  • Built in 1935

  • $-- HOA

  • 1.28 acres lot

  • $381/sq.ft

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 Frankforts 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 kitchens 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.

  • Houzeo last checked: 1 hour ago
  • Listing updated: August 21, 2026 at 12:00 pm
  • Listing Provided by: Kari King | Century 21 Northland-Frankfort (231) 352-7123
  • Source: Realcomp MLS-MI | MLS#: 78080068405 Realcomp MLS-MI
  • Originating MLS: Aspire North REALTORS

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Benzie County

  • City

    Frankfort

  • Neighborhood

    --

  • Year Built

    1935

  • HOA Fees

    -

  • Finished Area

    4,851 sqft

  • Lot Size

    1.28 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    78080068405

  • MLS Status

    Active

  • Days on Market

    146

  • Cumulative Days on Market

    95

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 7

    Bathrooms: 8

Interior

  • Cooling

    Ceiling Fans

  • Exterior Features

    Balcony

  • Window Features

    Egress Windows, Window Treatments

  • Appliances

    Dishwasher, Dryer, Oven, Refrigerator, Range, Trash Compactor, Washer

  • Interior Features

    Cathedral Ceilings, Entrance Foyer, Pantry

  • Heating

    Baseboard, Forced Air, Natural Gas

  • Sewer

    Shared Septic

Construction

  • Year Built

    Year Built: 1935

  • Home type

    Single Family Residence

  • Architectural Style

    Contemporary

  • Construction Materials

    Stucco

  • Foundation Details

    Basement, Block, Crawl Space

Utilities & Energy

  • Water Source

    Public

  • Fireplace Features

    Gas

  • Basement

    Block, Daylight, Full, Interior Entry, Unfinished

  • Parking Features

    Two Car Garage, Detached, Garage, Heated Garage, Garage Door Opener

Other Features

  • Subdivision Name

    The Bluffs Of Frankfort

  • Patio And Porch Features

    Deck, Patio, Porch

  • Lot Features

    Bluff, Cleared, Water View, Wooded

Price History

DateEventPrice

05/18/2026

Source: mls_logoMiRealSource MLS-MI #80068405

Listed for Sale

$1,999,999 +8.11%

$412/sqft

05/18/2026

Source: mls_logoRealcomp MLS-MI #78080068405

Price Decreased

$1,850,000 -11.90%

$381/sqft

05/16/2026

Source: mls_logoMiRealSource MLS-MI #80054899

Listing Removed

$2,099,999

$433/sqft

08/30/2025

Source: mls_logoMiRealSource MLS-MI #80054899

Price Decreased

$2,099,999 -5.62%

$433/sqft

08/16/2025

Source: mls_logoMiRealSource MLS-MI #80054899

Price Decreased

$2,225,000 -3.26%

$459/sqft

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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 12, 2026, 05:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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