Sold
109 Franke Lane, Cadillac, MI 49601
Sold on 04/28/2026 for$393,000
MLS # 1937059 (Northern Great Lakes REALTORS® MLS)
3 beds1 bathBuilt 19750.22 acres
1 / 22
Listing Description
120+ feet of waterfront property. Concrete seawall so you can enjoy Lake Mitchell, an all sports lake all year around. Swimming, boating and fishing during the hot months and snowmobiling and ice fishing when it gets cold. Caberfae Ski and Golf resort is only 10 miles away and the Cadillac Country Club is about a mile away. Snowmobile trails through Federal Forest are 2 miles away. 3 bedroom, 2 bath lakefront home with an attached 2 car garage. Three season porch overlooking the water is great for entertaining or private moments while enjoying your morning coffee. Dock, sprinkler system, open air deck and main floor laundry. Storage shed for your water toys.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath home built in 1975 sits in Cadillac.
Closed at $393,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Lot Size0.22 acres
Year Built1975
Stories1
Location
CityCadillac
Zip Code49601
CountyWexford
Construction & Systems
BasementCrawl Space
HeatingNatural Gas, Forced Air
WaterPrivate Water
SewerPublic
Sale & Financing
Listed7/31/2025
Sold Date4/27/2026
Original Price$475,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jim P Meier
Premier Realty Co, LLC
Frequently Asked Questions about 109 Franke Lane, Cadillac, MI 49601
Can I use FHA or VA financing for this property?
Per MLS# 1937059, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 109 Franke Lane, Cadillac, MI 49601 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve 109 Franke Lane, Cadillac, MI 49601?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Private Water. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Monthly payment$2,594
Principal & interest$2,594
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
109 Franke Lane, Cadillac, MI 49601
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