5908 FRANKFORT Highway $700,000

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    5908 FRANKFORT Highway Benzonia, MI 49616

    • 19 Beds
    • 4 Baths
    • 8,776 sq. ft.
    • Single-Family
    • MLS# 60301406
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    Views: 23 Days On Site: 210

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    Property Details

    Description Tours

    You have an amazing opportunity to purchase a beautiful 8.5-acre property in the stunning Crystal Lake area, complete with a multi-functional facility/building. This lovely property is within a few minutes of fantastic areas such as Crystal Mountain, known for summer golfing and winter skiing, Lake Michigan fishing and swimming, and the city of Frankfort with restaurants, shopping, beaches and marina. The property is also just ¼ mile away from Crystal Lake with public access for summer boating/fishing and winter ice fishing/snowmobiling. The building is currently being used as a state inspected and certified adult foster care home, but in addition, offers a multitude of opportunities for other uses only limited by your imagination. For instance, it could be converted to your single-family dream home with possible Crystal Lake views, or perhaps a multi-unit vacation rental facility, or a destination wedding venue₦the possibilities are endless. The value of the current facility and land can be understood by considering the flexible zoning, the brand-new septic system (2022) to accommodate up to 40 beds, the laundry facilities on both floors, the state approved interior sprinkler system, the Generac backup generator, the more than ample parking/storage area, and the ability to split the property for additional residential use.

    • General Features
      • Bedrooms 19
      • Structure Style 2 Story
      • Acreage 8.5
      • Area Municipality Benzonia Twp (10002)
      • Association Fee Y/N No
      • County Benzie
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 8776
      • Waterfront Y/N No
      • Year Built 1935
    • Building Features
      • Appliances Dryer, Range/Oven, Refrigerator, Washer
      • Architecture Style Colonial
      • Bedroom 1 Level Entry
      • Basement Type Outside Entrance, Partially Finished
      • Cooling System Ceiling Fan(s), Attic Fan
      • Exterior Construction Cinder Block
      • Exterior Features Porch
      • Interior Features Cable/Internet Avail., DSL Available, Security System
      • Foundation Type Basement
      • Heating System Baseboard, Hot Water, Zoned Heating
    • Property Features
      • Lot Size 601x577x424x753
      • Roads Paved Street
      • Sewer Septic Septic
      • Water Private Well
    • Schools
      • School District Benzie County Central School

    Neighborhood

    49616 (Benzonia) Demographics

    51 Median Age
    59 Population Density (per sq. mile)
    35% College Educated
    $36,029 Estimated Median Income
    778 Estimated Total Home Owners
    98 Estimated Total Renters
    89% / 11% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,193 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $338,000 Median Sales Price
    2 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $700,000
        4/18/2024 2:07:00 PM New in Database Source: Multiple Listing Service New Value: $700,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.