457 Lake Street Frankfort, MI $ 400,000
457 Lake Street
$ 400,000
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457 Lake Street

Frankfort, MI, 49635
$ 400,000
Bedrooms2 Baths1.0 Sq 800

Monthly Estimate*

$ 2,495

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Single Family Home for sale in Frankfort, MI

for $400,000 with 2 bedrooms and 1 full bath. This 800 square foot home was built in 1950 on a lot size of 0.86.

New Price - Home coming off-market next week if not sold. Owner to keep, as a Short Term Rental for 2026 Very Charming turnkey home located in Frankfort where you will find yourself just a short distance away from the best shoreline and beaches of Lake Michigan, quaint shops, restaurants, movie theater, bakeries, marina’s, best coffee shops, and so much more in this flourishing town. A new composite deck and newer Hot Tub overlook the spacious backyard with hammocks, ideal set up for outdoor entertaining. The home also includes a large 24x30 detached garage to store all of your seasonal toys, boat, cars and a nice area for a workshop. An additional side parking pad was added in 2024, perfect for a Boat or RV. Beautiful remodeled bathroom in 2024. Updated kitchen. Crawl space was fully encapsulated by FSM at a cost of $8k - Large lot with nice trees and landscaping. Whether you're looking for a vacation retreat or a year-round residence, this home is ideally located in Northern Michigan. Right across the street has a quick access to Betsie walk/bike Trail system! A short drive to Arcadia Bluffs Golf Course and Crystal Mountain Golf and Ski Resort and several other golf courses. Outdoor enthusiasts will love the nearby lakes, rivers, hiking and biking trails. Property is currently operating as a STR, as permitted by City of Frankfort. Permit may be available to new owner, will have opportunity to purchase the STR permit directly from City to continue STR operations. Property furnishings and inventory included to provide for a turn-key opportunity (to be discussed and structured). Agent owned.

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Single Family Active

Price

$ 400,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 8,991

Style

Ranch

Lot Size

0.86

Year Built

1950

Town/City

Frankfort

County/Region

Benzie

MLS | Web ID

20251058108

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Roof Asphalt Metal
Appliances Dryer ExhaustFan FreeStandingElectricRange FreeStandingRefrigerator Microwave RangeHood StainlessSteelAppliances Washer
Garage Spaces 2.5
Patio/Porch Features Covered Deck Patio Porch
Architectural Style Ranch
Pool Features None
Security Features CarbonMonoxideDetectors ClosedCircuitCameras ExteriorVideoSurveillance FireAlarm SecuritySystemOwned SmokeDetectors
Construction Materials VinylSiding
Pets Allowed Yes
Year Built 1950
Levels One
Property Subtype SingleFamilyResidence
County Benzie
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name 2ND ADD FRANKFORT
Garage Y/N Y
Total Rooms 5
Full Baths 1
Status Active
Directions South on Lake St off Frankfort Hwy M-115
City FrankfortCity_Benzie
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District FrankfortElberta
MLS Area Area93061BenzoniaTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 8991.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 128823
Expected Active Date 2025-12-04
Legal Description N 150 FT OF LOT 9 BLK S SECOND ADD FRANKFORT P.A. 457 LAKE STREET 12/77 169/189; 202/692 693; 07/09 2009R-04406 WD; 04/10 2010R-03187 QC; 11/12 BP; 06/13 BP; 9/22 2022R-03879 WD;
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Exterior
Exterior Amenities SpaHottub
Parking Features TwoandHalfCarGarage Detached ElectricityinGarage GarageFacesFront GarageDoorOpener Oversized
Lot Features CornerLot WaterView VacationHome Wooded
Water Source Well
Foundation Details Block CrawlSpace
Spa N
Lot Dimensions 169.67 x 255.2 x 152.4 x 183.3
Lot Size Acres 0.86
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Furnished Y/N Furnished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 800.0
Half Baths 0
Laundry Features LaundryRoom
Total Bedrooms 2
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Internal Only
Street Number 1 457
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* Excluded Features
List By
Brian G Krause

Listing Agent

Real Estate One-Clinton Twp

Broker

(586) 292-2900

Phone

Affordability Calculator

$3,245
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$749
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909756 Elementary School
4909611 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$400,000 Listed Price

Map


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457 Lake Street, Frankfort, MI, 49635 is a Single Family Home for sale at $400,000 with 800 sqft and a lot size of 0.86. 457 Lake Street has 2 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 49635 which is in Frankfort, MI