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2760 River Rd, Frankfort, MI, 49635

4beds
1baths
1,383sqft
$399,000
$289price/sqft
$3,030/moest. monthly cost
$121,200/yrincome needed

About This Home

Discover a rare opportunity to create your dream homestead just outside the city limits of Frankfort. Situated on 3.68 picturesque acres, this farmhouse property offers provides rural charm and proximity to some of northern Michigan’s most beloved destinations. Located directly across from the scenic Betsie Valley Trail, you’ll enjoy easy access to biking and walking paths leading into Downtown Frankfort, Elberta, Beulah with Crystal Lake and Lake Michigan access. The property is well-equipped for hobbyists, outdoor enthusiasts, or those seeking a self-sustaining lifestyle. A large pole barn provides ample space for equipment, vehicles, and recreational toys, while the expansive greenhouse is already outfitted with water and electricity offers incredible potential for year-round gardening with just the addition of a cover. A welcoming covered front porch as you step inside to find the home has been fully taken down to the studs, presenting a true blank canvas for your vision. The main floor has nice open space to create your living area while original hardwood floors on the upper level and potential to add a second bath. Additional features include RV-ready water and septic hookups, creating an ideal setup for hosting guests or accommodating extended stays. The gently sloping land is adorned with mature trees and offers serene countryside views in every direction. Whether you’re looking to design a modern farmhouse retreat or restore its classic charm, the possibilities are endless. All of this is just minutes from the scenic M-22 corridor and close to the natural beauty of Lake Michigan, Crystal Lake, renowned golf courses, and miles of hiking and biking trails—plus the charm of nearby harbor towns.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
7/10
Frankfort High SchoolGrades 7-122.5 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1983

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farm House
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Main Level

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Features

  • Mud Room,Cable TV,High Speed Internet
  • Flooring: Wood,Other
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,383

Heating

  • Heating features: Forced Air,Propane

Interior Area

  • Total structure area: 1,383
  • Total interior livable area: 1,383 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Features: None

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0500150400
  • Zoning description: Residential

Features

  • Patio & porch: Porch
  • Exterior features: Sprinkler System,Garden
  • Has view: Yes
  • View description: Countryside View
  • Waterfront features: None

Lot

  • Lot size: 3.63 Acres
  • Features: Sloped,Metes and Bounds
  • Lot size dimensions: 331 x 477

Parking

  • Parking features: None,Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Benzie County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$116$1,392
Property Taxes $709$8,508
Electricity $188$2,259
Total$3,030$36,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,885/yr
40% on housing$90,900/yr
45% on housing$80,800/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$289This listing

vs Other Active Listings

Avg $/sqft

ZIP 49635$369
Benzie County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 49635$292
Benzie County$298

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$399,000

For Sale by Agent

AgentKari King
BrokerageCentury 21 Northland-Frankfort

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