Sold
457 Lake Street, Frankfort, MI 49635
Sold on 02/09/2026 for$380,000
MLS # 20251058108 (Realcomp)
2 beds1 bath800 sqftBuilt 19500.86 acres
1 / 30
Listing Description
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.
Source: SparkMLS
About this home
Located in Frankfort in Frankfort, this property offers 2-bedroom, 1-bath, 800 sq ft, with original construction dating to 1950.
Closed at $380,000 (about $475/sq ft).
Estimated annual property tax: $8,991, or about $749 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 1,000 Mbps across 7 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area800 sqft
Lot Size0.86 acres
Year Built1950
Stories1
Location
CityFrankfort
MunicipalityBenzonia Twp
Zip Code49635
CountyBenzie
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage2.5 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorHot Tub Spa, Security System
Sale & Financing
Listed12/3/2025
Sold Date2/8/2026
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$8,991
Parcel #5103002500
Source: SparkMLS
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;
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Brian G Krause
Real Estate One-Clinton Twp
Frequently Asked Questions about 457 Lake Street, Frankfort, MI 49635
What financing options are available for 457 Lake Street, Frankfort, MI 49635?
Per MLS# 20251058108, this listing accepts Cash, Conventional, VA Loan financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 457 Lake Street, Frankfort, MI 49635?
Per public tax records, annual property taxes for this property are $8,991. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 457 Lake Street, Frankfort, MI 49635 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.
Is 457 Lake Street, Frankfort, MI 49635 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 457 Lake Street, Frankfort, MI 49635. The maximum advertised download speed is 1.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 457 Lake Street, Frankfort, MI 49635?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. 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 Benzonia Twp police department or the Benzie County sheriff's office.
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Monthly payment$2,594
Principal & interest$2,594
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Internet
FiberDownload
1 Gbps
Upload
1 Gbps
FiberGSO SatelliteSatelliteFixed WirelessDSLLicensed Fixed Wireless
7 providers at this address
Cherry Capital Connection LLCFiber
1 GbpsStarlinkGSO Satellite
280 MbpsViasat IncSatellite
150 MbpsHughesNetSatellite
100 MbpsEclipse CommunicationsFixed Wireless
50 MbpsAT&TDSL
0 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
457 Lake Street, Frankfort, MI 49635
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Municipality
Frankfort
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