$400,000
$10K PRICE DROP

457 Lake St Frankfort, MI 49635

Estimated payment $2,863/month

Total Views 13,676
2 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Spa
  • Bay View
  • Ranch Style House
  • RV or Boat Parking
  • Deck
  • Corner Lot

About This Home

NEW PRICE - Owner will keep and put back as Short Term Rental if not sold within the next week. 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 24x32 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 Electrical. $5k security system with exterior camera's. Updated kitchen. 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 is available to 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).

Listing Agent

Brian Krause

REO-TCBeulah-Frankfort-233027 License #6501247769 Listed on: 09/30/2025

REO-TCBeulah-Frankfort-233027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,183

Year Built

  • Built in 1950

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 168 x 255 x 152 x 183
  • Landscaped
  • Corner Lot
  • Sloped Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Mud Room
  • Bay Views
  • Crawl Space
  • Home Security System
  • Washer

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,183

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Security System, Hot Tub, Exhaust Fan, Blinds, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Mud Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x11, On Level: Main Floor, Flooring: LVP
  • Living Room: Dimensions: 22x12, On Level: Main Floor, Flooring: LVP
  • Range: R 16W

Exterior Features

  • Exterior Features: Bay View, Deck, Patio, Covered Porch, Landscaped, RV Parking
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.86
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt, Metal
  • Water Features: Water View

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached, Paved Driveway, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 7x7, On Level: Main Floor, Flooring: LVP
  • Sewer: Private Septic
  • Tv Service Internet Avail: WiFi
  • Water: Private Well

Lot Info

  • Land Features: Corner Lot, Sloping
  • Lot Dimensions: 168 x 255 x 152 x 183
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Frankfort-Elberta Area Schools

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,183 $158,900 $0 $0
2024 $8,270 $162,000 $0 $0
2023 $7,723 $157,700 $0 $0
2022 -- $78,000 $0 $0
2021 -- $75,500 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2025 12/04/25 Price Changed $400,000 0.0% --
12/04/2025 12/04/25 For Sale $400,000 -1.2% $500 / Sq Ft
11/25/2025 11/25/25 Price Changed $405,000 -1.2% --
09/30/2025 09/30/25 For Sale $409,900 +29.7% --
09/16/2022 09/16/22 Sold $316,000 +31.7% $407 / Sq Ft View Prior Sale
09/13/2022 09/13/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $239,900 -- $309 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $316,000 --
Grant Deed $80,000 --
Source: Public Records

About the Listing Agent

Brian Krause

REO-TCBeulah-Frankfort-233027

(231) 201-3552

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It's easy to navigate and loaded with information. Search thousands of home and property listings, even those from other brokers, and view his upcoming Open Houses. Learn about his personal level of service, backed by the strongest broker in Michigan. If you need more detailed information, please email him or give him a call.

Brian's Other Listings

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    $400,000

    • 2 Beds
    • 1 Bath
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    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

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  • 3121 Grace Rd, Frankfort, MI 49635

    $844,000

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    • 3 Baths
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    Seller motivated -This is an extraordinary home and property with views that are breathtaking and serene. That can only be fully appreciated when you visit this unique residence nestled on 25 picturesque acres of rolling, landscaped woods, white pine groves, and open land suitable for farming, gardening with a shooting range and hunting blinds. The home boasts almost 2,300 square feet of space,

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  • 3121 Grace Rd, Frankfort, MI 49635

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    • 3 Baths
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    • 3121 Grace Rd
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    Seller Motivated - This is an extraordinary home and property with views that are breathtaking and serene. That can only be fully appreciated when you visit this unique residence nestled on 25 picturesque acres of rolling, landscaped woods, white pine groves, and open land suitable for farming, gardening with a shooting range and hunting blinds. The home boasts almost 2,300 square feet of space,

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  • 14261 Greenbrier Dr Unit 16, Sterling Heights, MI 48313

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    • 14261 Greenbrier Dr
    • Unit 16
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    Experience refined living in this exceptional, custom-built detached condominium—available for the first time from its original owners. Thoughtfully expanded beyond the standard floor plan, this residence combines timeless design with modern comfort in one of the community’s most desirable locations.Step inside to discover an inviting great room with soaring vaulted ceilings, a beautifully

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  • 14261 Greenbrier Dr, Sterling Heights, MI 48313

    $449,777

    • 3 Beds
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    • 14261 Greenbrier Dr
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    Experience refined living in this exceptional, custom-built detached condominium—available for the first time from its original owners. Thoughtfully expanded beyond the standard floor plan, this residence combines timeless design with modern comfort in one of the community’s most desirable locations.Step inside to discover an inviting great room with soaring vaulted ceilings, a beautifully

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  • 24645 Spring Ln Unit 18, Harrison Township, MI 48045

    $164,900 Pending

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • 24645 Spring Ln
    • Unit 18
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    Welcome to 24645 Spring Lane, a bright and inviting approx.. 1000sq. ft. corner unit condo in the heart of Harrison Township. This 2-bedroom, 1.5-bath home is perfect for those seeking a stylish, low-maintenance lifestyle with modern amenities. As you step inside, you'll immediately notice the abundance of natural light that fills the space, thanks to its desirable corner location. The main level

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  • 861 Seymour Lake Rd, Oxford, MI 48371

    $350,000 Sold Nov 07, 2025

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  • 58703 Glacier Club Dr Unit 47, Washington, MI 48094

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  • 45467 Sterritt St, Utica, MI 48317

    $384,000 Sold Nov 19, 2025

    • 3 Beds
    • 1.5 Baths
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    • 45467 Sterritt St
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    Welcome to this gorgeous updated 3-large bedroom split-level home, a true gem in the heart of the neighborhood! Super clean, Move-in ready! This home boasts updated 1.5 baths. Several big updates! Beautifully updated kitchen featuring a stylish backsplash, New stainless steel appliances and granite counters New Roof August of 2025 , with new gutters, all new Luxury Vinyl Flooring throughout,

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1939155

Northern Great Lakes REALTORS® MLS

APN: 51-030-025-00