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1074 Frankfort Ave, Frankfort, MI, 49635

3beds
2baths
1,624sqft
$349,000
$215price/sqft
$2,276/moest. monthly cost
$91,040/yrincome needed

About This Home

Welcome to this well-maintained 3-bedroom, 2-bath ranch-style home offering approximately 1,624 square feet of comfortable living space in the charming Village of Elberta. The home features a full basement with a partially finished area, providing additional living or recreational space to fit your needs. An attached one-car garage with work shop area offers everyday convenience, while the second detached garage is perfect for hobbies, storage, or extra workspace. Ideally situated along historic M-22, this property places you just minutes from Lake Michigan, the City of Frankfort, the scenic Betsie River, and everything that makes Northern Michigan such a sought-after destination. Whether you're looking for a year-round residence or a weekend retreat, this home offers an outstanding location close to beaches, boating, fishing, shopping, dining, and endless outdoor recreation.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

8/10
7/10
Frankfort High SchoolGrades 6-121.6 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Features

  • Wet Bar,Eat-in Kitchen,Pantry
  • Window features: Insulated Windows
  • Flooring: Carpet,Laminate,Tile,Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 129

Heating

  • Heating features: Baseboard,Hot Water,Radiant

Interior Area

  • Total structure area: 1,495
  • Total interior livable area: 1,624 sqft

Property

Details

  • Parcel number: 100650117800

Features

  • Stories: 1

Lot

  • Lot size: 0.47 Acres
  • Features: Corner Lot,Level,Sidewalk
  • Lot size dimensions: 80 x 121075 x 148

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Detached,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

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

How This Home’s Risks Compare

Cold Wave
Winter Weather
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 $1,764$21,168
Home Insurance *$101$1,212
Property Taxes $223$2,676
Electricity $188$2,259
Total$2,276$27,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,034/yr
40% on housing$68,280/yr
45% on housing$60,693/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

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 49635$372
Benzie County$274

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
2026-08-08Contingent$349,000
2026-07-31Listed for sale$349,000

For Sale by Agent

AgentDoug Taylor
BrokerageColdwell Banker Schmidt-Benzie

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