This year round or vacation home seamlessly blends comfort, convenience, and charm. A gem nestled in the heart of Frankfort, only three blocks from the shore of Lake Michigan. This two-story home spanning over 2,400+ sq ft includes 5 bed/2.5 baths. From large covered front porch, the front entry access leads to the Living Room highlighting the original design of maple and cherry hardwood floors and a wood burning fireplace. An Office Nook, Dining Room, Bed, Bath, Kitchen and Sunroom fill the living spaces on the Main Floor. The large, wide staircase with hardwood stairs leads to the second floor. The living spaces feature cathedral ceilings and warm maple wood floors. An additional full bath and 3 bedrooms. The bonus room is a versatile space serving as a bedroom and/or Great Room. Lower Level provides walkout access to rear patio and detached 2+ car garage with direct access from Harbor Place. Laundry, ½ bath, mechanicals and large storage area fill the lower level. Property is currently operating as a seasonal STR, as permitted by City of Frankfort. Permit is non-transferable. New owner will have opportunity to purchase STR permit directly from City to continue STR operations. Established STR history with loyal client base. Property furnishings and inventory included in purchase price to provide for a turn-key opportunity. Additional M22 Rentals LLC business assets are available for separate purchase if buyer is interested in maintaining established market brand. For additional details and photos visit website: m22rentals.com or contact Owner/Listing Agent: Maureen Hatfield, Realtor, Vaughan Realty at 231.383.5436
Sold for $990,000
$990,000
314 Leelanau Ave, Frankfort, MI 49635
5beds
2,444sqft
Single Family Residence
Built in 1904
7,405 Square Feet Lot
$1,032,100 Zestimate®
$405/sqft
$3,101 Estimated rent
Home value
$1,032,100
Estimated sales range
Not available
$3,101/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Maureen Hatfield 734-730-7230,
Vaughan Realty 231-352-4771
Bought with:
Christine Stapleton, 6504271071
Stapleton Realty
Source: NGLRMLS,MLS#: 1934071
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Dining Room, Great Room
Primary bedroom
- Level: Main
- Area: 171
- Dimensions: 19 x 9
Bedroom 2
- Level: Upper
- Area: 154
- Dimensions: 14 x 11
Bedroom 3
- Area: 156
- Dimensions: 13 x 12
Bedroom 4
- Level: Upper
- Area: 80
- Dimensions: 10 x 8
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Kitchen
- Level: Main
- Area: 204
- Dimensions: 17 x 12
Living room
- Level: Main
- Area: 285
- Dimensions: 19 x 15
Heating
- Forced Air, Floor Furnace, Natural Gas, Fireplace(s), ENERGY STAR Qualified Equipment
Cooling
- Central Air, ENERGY STAR Qualified Equipment
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Gas Water Heater, Humidifier
- Laundry: Lower Level
Features
- Pantry, Solarium/Sun Room, Breakfast Nook, Solid Surface Counters, Kitchen Island, Vaulted Ceiling(s), Drywall, Paneling, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Flooring: Wood, Concrete
- Windows: Low Emissivity Windows, Blinds
- Basement: Walk-Out Access,Daylight,Exterior Entry,Egress Windows,Unfinished,Interior Entry
- Has fireplace: Yes
- Fireplace features: Wood Burning, Heatilator
Interior area
- Total structure area: 2,444
- Total interior livable area: 2,444 sqft
- Finished area above ground: 2,444
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Paved, Concrete Floors, Asphalt, Alley Access, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Sidewalk, Rain Gutters
- Waterfront features: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150; 7500 sf
- Features: Sloped, Landscaped, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 5101014100
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Frame, Vinyl Siding
- Foundation: Block, Poured Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1904
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Appliances, Windows, Thermostat
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Town & Harbor
HOA
- Services included: None
Location
- Region: Frankfort
Financial & listing details
- Price per square foot: $405/sqft
- Tax assessed value: $518,000
- Annual tax amount: $10,049
- Price range: $990K - $990K
- Date on market: 5/21/2025
- Cumulative days on market: 149 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Sold | $990,000$405/sqft |
Source:  NGLRMLS #1934071 Report a problem | ||
| 8/26/2025 | Price change | $990,000-10%$405/sqft |
Source: NGLRMLS #1934071 Report a problem | ||
| 5/30/2025 | Price change | $1,100,000+12.8%$450/sqft |
Source: NGLRMLS #1934071 Report a problem | ||
| 5/21/2025 | Listed for sale | $975,000$399/sqft |
Source: NGLRMLS #1934071 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,049 +6.7% | $259,000 +30.6% |
| 2024 | $9,415 +4.4% | $198,300 +4.7% |
| 2023 | $9,020 | $189,400 -8.7% |
| 2022 | -- | $207,400 +4.3% |
| 2021 | -- | $198,800 +29.8% |
| 2020 | -- | $153,100 +50.2% |
| 2019 | -- | $101,900 -0.3% |
| 2018 | -- | $102,200 -3.7% |
| 2017 | -- | $106,100 |
| 2016 | -- | $106,100 +82.4% |
| 2011 | -- | $58,167 -36% |
| 2010 | -- | $90,900 |
Find assessor info on the county website
Neighborhood: 49635
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Nearby schools
GreatSchools rating
- 8/10Frankfort Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Frankfort High SchoolGrades: 6-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Frankfort-Elberta Area Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Benzie County
- Frankfort
- 49635
- 314 Leelanau Ave
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