501 Michigan Avenue, Frankfort, MI 49635 (MLS # 1945300)
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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 Frankfort's 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 kitchen's 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.
| DAYS ON MARKET | 2 | LAST UPDATED | 8/18/2026 |
|---|---|---|---|
| TRACT | The Bluffs of Frankfort | YEAR BUILT | 1935 |
| GARAGE SPACES | 2.0 | COUNTY | Benzie |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Frankfort Elementary School |
|---|---|
| Jr. High School | Frankfort High School |
| High School | Frankfort High School |
| PRICE HISTORY | |
| Prior to Aug 18, '26 | $1,999,999 |
|---|---|
| Aug 18, '26 - Today | $1,850,000 |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Trash Compactor, Washer |
| BASEMENT | Crawl Space, Daylight, Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Frame, Stucco |
| EXTERIOR | Balcony, Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Fireplace(s), Forced Air, Natural Gas |
| HOA DUES | Annually |
| INTERIOR | Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, High Speed Internet, Kitchen Island, Pantry, Wet Bar |
| LOT | 1.28 acre(s) |
| LOT DESCRIPTION | Bluff, Cleared, Level, Wooded |
| LOT DIMENSIONS | 313X164 irreg |
| PARKING | Asphalt, Circular Driveway, Private, Detached, Garage Door Opener, Heated Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| SUBDIVISION | The Bluffs of Frankfort |
| UTILITIES | Cable Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT DESCRIPTION | Lake |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Century 21 Northland-Frankfort
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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Data last updated: 8/20/26 12:51 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
