$2,900,000
Frankfort, MI 49635
MLS# 26033579
13 baths | 5300 sqft
1 / 51
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
Property Sub-Type: Business Opportunity
Municipality: Elberta Vlg-Gilmore Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 547.17
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: irreg
Road Frontage: 200
Mineral Rights: Unknown
Waterfront: No
Body of Water: Lake Michigan
Total # Units: 11
Total # Bldgs: 11
# Fin Bldg Lvls: 1
Total SqFt: 5300
Statewide Lakes & Rivers: Lake Michigan
School District: Frankfort
Lot Measurement: Acres
Lot Acres: 10.96
Lot Square Footage: 477418
Year Built: 1914
Full Baths: 13
Total Baths: 13
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: Unknown
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: Lengthy legal in office
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Uses
Other: 1
Construction Type
Frame/Wood: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Business Includes
Real Estate: 1
Util Avail at St
High Speed Internet: 1
Purchase Terms Avail
Cash: 1
Conventional: 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: Scenic Hwy (M22 North) to Elberta MI
Property Features
Uses: Other
Business Includes: Real Estate
Construction Type: Frame/Wood
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: High Speed Internet
Heat Source: Natural Gas
Heat Type: Hot Water
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Office: Dwelling Realty - KW Northern Michigan
Listing Agent: Jim Beaudrie
Last Updated: July - 02 - 2026
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