$2,900,000
Frankfort, MI 49635
MLS# 26033573
1 / 17
Property Description
This 11 acre parcel is surrounded by a water wonderland. There is an easement that leads to Lake Michigan where there is a public access with stairs to the beach and in a short drive you will find Betsie Lake, Betsie River Crystal lake and upper and lower Herring lakes. The property is zoned R3 which allows the land to be divided into 11 one acre buildable lots The Wayfarer Lodgings is currently a family run business. The family home has 3 to 4 bedrooms, 3 full baths and a library. There are 10 cabin rentals open from May through October.
Details
Location & Property Info
Cross Streets: Grace rd
Municipality: Elberta Vlg-Gilmore Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/Acre: 264598.54
Listing Agreement: Exclusive Right To Sell
General Property Info
Property Sub-Type: Acreage
Lot Dimensions: irreg
Road Frontage: 300
Waterfront: No
School District: Frankfort
Lot Measurement: Acres
Lot Square Footage: 477418
Lot Acres: 10.96
Tax Info
Taxable Value: 154403
SEV: 317800
For Tax Year: 2025
Seller's Annual Property Tax: 4079
Tax Year: 2025
Homestead %: 75
Spec Assessment & Type: Unnknown
Zoning: R3
Tax ID #: 06-001-120-10
Remarks & Misc
Public Remarks: This 11 acre parcel is surrounded by a water wonderland. There is an easement that leads to Lake Michigan where there is a public access with stairs to the beach and in a short drive you will find Betsie Lake, Betsie River Crystal lake and upper and lower Herring lakes. The property is zoned R3 which allows the land to be divided into 11 one acre buildable lots The Wayfarer Lodgings is currently a family run business. The family home has 3 to 4 bedrooms, 3 full baths and a library. There are 10 cabin rentals open from May through October.
Legal: COM AT SE SEC COR W 758.03 FT TO SE COR PLAT OF SUMMER HAVEN N 330.55 FT TO NE COR LOT 1 OF SD PLAT W 85.43 FT TO POB N 89 DEG 54'25
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 66
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Public Access 1 Mile or Less: 1
Current Use
Commercial: 1
Residential: 1
Lot Description
Buildable: 1
Level: 1
Other Structures
Other: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
High Speed Internet: 1
Utilities Attached
Electricity Connected: 1
Phone Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Sale Conditions
None: 1
Docs at List Office
Aerial Photo: 1
Possession
Negotiable: 1
Location Property Info
County: Benzie
Street #: 1912
Street Direction: S
Street Name: Scenic
Suffix: Highway
State: MI
Zip Code: 49635
OfficeContract Info
Status: Active
Current Price: $2,900,000
List Price: $2,900,000
Listing Date: 2026-07-02
Remarks Misc
Directions: M22 north ( scenic Hwy ) to Elberta Mi
Property Features
Water Type: Lake
Current Use: Commercial; Residential
Lot Description: Buildable; Level
Other Structures: Other
Street Type: Paved; Public
Util Avail at Street: Cable Available; High Speed Internet
Utilities Attached: Electricity Connected; Phone Connected
Sewer: Septic Tank
Water: Well
Terms Available: Cash; Conventional
Mineral Rights: Unknown
Sale Conditions: None
Docs at List Office: Aerial Photo
Possession: Negotiable
Listing Office: Dwelling Realty - KW Northern Michigan
Listing Agent: Jim Beaudrie
Last Updated: July - 02 - 2026
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