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Lake St Unit 38A, Frankfort, MI, 49635

2beds
2baths
1,442sqft
$715,000
$496price/sqft
$4,469/moest. monthly cost
$178,760/yrincome needed

About This Home

Welcome to Dune Ridge at Betsie Bay, a rare and refined collection of lakefront residences set on Betsie Bay in the charming coastal town of Frankfort, Michigan. This thoughtfully planned community will feature 42 two-bedroom condominium units across three architecturally designed buildings. Eighteen of these will sit up on the ridge with breathtaking lake views and are now available for reservation, with construction to begin in Spring 2026 and target completion by Spring 2027. Choose from two functional floorplans, each offering expansive westerly views of Betsie Bay and Lake Michigan. Enjoy stunning sunsets right from your living space or private patio. For boating enthusiasts, select units may include a boat slip, providing convenient access to Lake Michigan for unforgettable lake cruises. Additional garage storage is also available perfect for seasonal gear and recreational equipment. Inside, you’ll be impressed by the tall ceilings, oversized windows, and abundant natural light that perfectly frames the water views. The chef-inspired kitchens feature custom cabinetry, quartz countertops and backsplash, stainless steel appliances, and a spacious island ideal for gathering and entertaining. The bathrooms are designed with elegance and comfort in mind, offering quartz-topped vanities, ceramic tile flooring, and tiled showers. Each home includes smart home features for peace of mind while you're away. Enjoy a WiFi-enabled thermostat, pre-wiring for high-speed internet and cable, and options for keyless smart door locks, video doorbells, and smart-ready lighting controls. Ideally located along the Betsie Valley Bike Path, Dune Ridge offers direct access to Downtown Frankfort, where you’ll discover sandy Lake Michigan beaches, boutique shopping, local dining, and all the conveniences of a vibrant harbor town. Don’t miss your opportunity to experience low-maintenance luxury living in one of the most sought-after communities along the Lake Michigan shoreline.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

8/10
7/10
Frankfort High SchoolGrades 6-120.6 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Poured Concrete
  • Roof: Asphalt
  • Construction materials: Frame,Other

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Washer,Dryer,Gas Water Heater
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 108.409

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 151.8

Features

  • Walk-In Closet(s),Pantry,Solid Surface Counters,Kitchen Island,Cable TV,High Speed Internet
  • Flooring: Luxury Vinyl Plank
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,442

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,ENERGY STAR Qualified Equipment
  • Cooling features: Central Air,ENERGY STAR Qualified Equipment

Interior Area

  • Total structure area: 1,442
  • Total interior livable area: 1,442 sqft

Kitchen

  • Level: Main
  • Area: 153.86

Living Room

  • Level: Main
  • Area: 201.78

Master Bathroom

  • Features: Private

Master Bedroom

  • Level: Main
  • Area: 124.95

Property

Accessibility

  • Accessibility features: Covered Entrance

Details

  • Parcel number: 5103002901
  • Attached to another structure: Yes
  • Zoning description: Residential

Features

  • Entry location: Stairway (Outdoor),Second Floor Level
  • Has view: Yes
  • View description: Bay,Water,Bay View
  • Has water view: Yes
  • Water view: Water,Bay
  • On waterfront: Yes
  • Waterfront features: All Sports,Soft Bottom,Great Lake
  • Waterbody name: Betsie Bay
  • Frontage length: 243

Lot

  • Features: Level,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Detached,Asphalt,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 1

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 $3,615$43,380
Home Insurance *$208$2,496
Property Taxes $458$5,496
Electricity $188$2,259
Total$4,469$53,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,222/yr
40% on housing$134,070/yr
45% on housing$119,173/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

$496This listing

vs Other Active Listings

Avg $/sqft

ZIP 49635$348
Benzie County$266

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
2025-09-18Listed for sale$715,000

For Sale by Agent

AgentKari King
BrokerageCentury 21 Northland-Frankfort

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