Frankfort Homes under $400,000

Frankfort Homes under $400,000

Welcome to Frankfort, Michigan – a hidden gem nestled along the stunning shores of Lake Michigan in Benzie County. This charming city is renowned for its breathtaking natural beauty, vibrant community spirit, and rich history, making it an ideal place to call home. With its picturesque waterfront, Frankfort boasts a delightful blend of small-town charm and outdoor adventure, perfect for families, retirees, and everyone in between.

The area is renowned for its stunning beaches, lush forests, and scenic hiking trails, offering endless opportunities for outdoor enthusiasts. Whether you enjoy a leisurely stroll along the beach, fishing in crystal-clear waters, or hiking through the picturesque dunes, Frankfort has something for everyone. The town also features a delightful downtown area filled with unique shops, cozy cafes, and local restaurants that showcase the best of Michigan's culinary scene.

For those looking to invest in a home, Frankfort offers an array of options under $400,000. From charming cottages to modern family homes, there’s a property to suit every taste and budget. Imagine waking up to the gentle sound of waves and enjoying stunning sunsets from your own backyard. With affordable housing options in a community that values quality of life, Frankfort is the perfect place to settle down and create lasting memories.

Discover the welcoming community, rich culture, and endless recreational opportunities that make Frankfort, Michigan, a truly special place to live. Your dream home awaits in this idyllic lakeside city!

Newest Frankfort Homes under $400,000

2683 Forrester Road, Frankfort
$315,000
3 Beds ⋅ 1 Baths ⋅ 1951192 MLS ⋅ N/A BLDG.
Set on nearly two wooded acres just outside Frankfort, this classic Northern Michigan farmhouse offers a great combination of space, privacy, outbuildings and location. The 3-bedroom, 1-bath home features a main-floor primary bedroom, spacious living room with hardwood floors and a fieldstone fireplace, along with a formal dining area, main-floor laundry and mudroom. Two additional bedrooms are located upstairs, along with a large attic area that may offer potential for additional finished living space. A real highlight of the property is the two substantial detached outbuildings. One measures approximately 26' x 44', while the second offers approximately 15' x 24' and 15' x 21' sections, creating excellent space for working on cars, storing boats and recreational equipment, setting up a workshop, pursuing hobbies or simply having the extra storage that is hard to find. One of the garage spaces also includes an electronic car hoist, adding even more appeal for someone who enjoys automotive work or wants a well-equipped shop space. The home offers an opportunity for the next owner to make updates over time while preserving its original character. A new metal roof adds another practical improvement, while the nearly two-acre setting provides a comfortable mix of open yard, mature trees and wooded privacy. Centrally located in Benzie County, the property offers convenient access to Frankfort and Elberta, Lake Michigan, Crystal Lake, Upper and Lower Herring Lakes, Beulah and the many beaches, trails and recreational opportunities that make this area such a desirable place to enjoy Northern Michigan.

2683 Forrester Road, Frankfort
4477 Mollineaux Road, Frankfort
$390,000
3 Beds ⋅ 1 Baths ⋅ 1951076 MLS ⋅ N/A BLDG.
Location is the story at 4477 Mollineaux Road. Set directly across from Crystal Lake’s coveted south shore and Railroad Point Natural Area, this 3-bedroom, 1-bath raised ranch offers an opportunity to own in one of the Frankfort area’s most desirable locations without the waterfront price tag. The property also benefits from a 20-foot-wide recorded easement providing access to Crystal Lake. Seller has utilized the easement for water access only. Buyer to independently verify the location, nature, scope and permitted uses of the easement to their satisfaction. Railroad Point Natural Area is practically outside your door, offering protected natural surroundings, hiking opportunities and convenient access to the Betsie Valley Trail. From here, bike or walk along Crystal Lake and enjoy easy access between Frankfort, Beulah and everything along the south shore. The home itself is ready for updating, giving the next owner the opportunity to make it their own. An unfinished lower level provides additional space and possibilities, while the fenced backyard adds usable outdoor space. For current Crystal Lake owners, this could also make a great overflow home for guests or additional space close to the lake. Downtown Frankfort, Lake Michigan beaches, Sleeping Bear Dunes National Lakeshore, Crystal Mountain and Beulah are all within easy reach. Whether it’s biking, boating, skiing, hiking, fishing or simply spending more time around Crystal Lake, this is a location that puts you close to it all.

4477 Mollineaux Road, Frankfort
714 James Street, Frankfort
$325,000
3 Beds ⋅ 1 Baths ⋅ 1950999 MLS ⋅ N/A BLDG.
Location, location, location! Three bedroom, one bath home in the port City of Frankfort. Walk to schools, churches, parks, marina, the library and downtown Frankfort to the sugar sand beach of Lake Michigan. Recently some remodeling has been done and the home is ready for immediate occupancy. Large city lot with many possibilities for a addition or opening up former rooms.

714 James Street, Frankfort
554 Cherry Grove Lane, Frankfort
$198,000
3 Beds ⋅ 1 Baths ⋅ 1950227 MLS ⋅ Town And Harbor Frankfort BLDG.
Welcome to this charming ranch home in the heart of downtown Frankfort, just a short distance from the stunning shores of Lake Michigan. Offering 3 bedrooms and 1 bath, this home is a true blank slate with plenty of potential to customize and make it your own. With all three bedrooms and the bathroom conveniently located on the main floor, the home offers easy, comfortable living. The lower level has been set up as a workshop and also provides ample storage. Outside, enjoy the peaceful backyard and covered patio perfect for relaxing after a day exploring all that Northern Michigan has to offer. Seller has architectural plans for construction on current foundation for interested buyers. Tucked away in a quiet neighborhood, you’ll find yourself just blocks from the Betsie Valley Bike Path, quaint shops, local restaurants, The Garden Theater, schools, and the hospital. Whether you’re searching for a year-round home, a vacation getaway, or the perfect place to create your Northern Michigan retreat, this property offers an exciting opportunity to enjoy the lifestyle, charm, and natural beauty of Frankfort and the surrounding area.

554 Cherry Grove Lane, Frankfort
932 Elm Street, Frankfort
$299,000
2 Beds ⋅ 1 Baths ⋅ 1948426 MLS ⋅ City Of Frankfort BLDG.
Welcome to this charming, turnkey 2-bedroom, 1-bath home that's as cute as a button and located downtown Frankfort just blocks to Lake Michigan. Completely renovated in 2022, this move-in-ready property is ready for you to enjoy from day one. Step inside to discover a thoughtfully designed interior featuring luxury vinyl plank flooring throughout and a cozy living room with a beautiful stone gas fireplace with built-in bookcases. The fully updated kitchen offers butcher block countertops, a classic subway tile backsplash, and a complete set of new appliances, creating a stylish and functional space for cooking and entertaining. The beautifully renovated bathroom features tile finishes throughout and all-new fixtures, adding to the home's fresh, modern appeal. Outside, you'll find a newly constructed side deck overlooking a private backyard complete with a fire pit perfect for relaxing evenings with family and friends. A garden shed provides convenient storage for seasonal gear, while the carport adds everyday practicality. Nestled in a quiet neighborhood in downtown Frankfort, this home is just blocks from Lake Michigan, Betsie Bay, the Betsie Valley Bike Trail, schools, shops, and restaurants. Spend your days exploring scenic M-22, hiking the breathtaking Sleeping Bear Dunes, or enjoying the area's endless outdoor recreation before returning home to unwind. With the school just next door and its desirable location, this property is an excellent opportunity as a year-round residence, vacation retreat, or income-producing investment.

932 Elm Street, Frankfort
407 Fortune Avenue, Frankfort
$400,000
2 Beds ⋅ 1 Baths ⋅ 1945488 MLS ⋅ Congregational Summer Assembly BLDG.
Charming 1,000 Sq'/2BR+Sleeping Porch/1BA Congregational Summer Assembly Cottage (CSA - www.summerassembly.org). PURCHASE GIVES EXTREMELY DESIRABLE CSA MEMBERSHIP. The Great Room features a lovely Stone FP, plus this historic cottage has been a good rental between Seller occupancies. Quite well located near CSA Action: .2 mile to 1,000' of Pristine Frontage on Crystal Lake; .6 mile to 1,000' of Pristine Frontage on Lake Michigan. CSA also provides lifeguarded swimming/swimming lessons, tennis/pickle ball lessons (8 tennis/3 pickleball courts), art fairs and children/adult activities galore! It’s also just 200 yards to the CSA Meeting House where operettas and concerts take place - more info in Documents. Don't miss this unique opportunity to own a CSA cottage/become a CSA Member!!

407 Fortune Avenue, Frankfort
2760 River Road, Frankfort
$399,000
4 Beds ⋅ 1 Baths ⋅ 1943985 MLS
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.

2760 River Road, Frankfort
Start Your Search