5908 Frankfort Highway
Benzonia, MI 49616
- 19 beds
- 3 baths
- 9,276 sqft
- ~9 acre lot
- $75 per sqft
- 1935 build
- – on site
This is 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 with 19 bedrooms, 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.
Listing courtesy of NGLRMLS / Parker Wright Real Estate Group, 586-764-5180
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Last updated Apr 25, 2024
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MLS# 1915626 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$700,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,748
|
Taxes | N/A |
Insurance | $192 |
Utilities | $475 See report |
Total | $4,415/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
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Air Pollution Index
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/8/24
Jan 8, 2024
|
Price Changed | NGLRMLS | $700,000 | -12.5% |
10/11/23
Oct 11, 2023
|
Price Changed | NGLRMLS | $800,000 | -5.8% |
10/9/23
Oct 9, 2023
|
Price Changed | NGLRMLS | $849,000 | -10.5% |