Discover a rare opportunity to own a .68-acre vacant parcel nestled on Stratton Lane, Frankfort. This tranquil property offers a blend of natural beauty and seclusion. Surrounded by hardwood forests and rolling topography, the property is situated on a private road, ensuring both privacy and serenity. The Frankfort area is a gem of northern Michigan, boasting a marina, scenic vistas, hiking trails, and an expansive public beach. Enjoy a boat tour, canoeing or kayaking while you experience the pristine waters of Lake Michigan and its surrounding waterways. Crystal Mountain Resort offers skiing, spa treatments, and golf. Premier golfing can be found at Arcadia Bluffs. Picturesque Crystal Lake Golf course is also nearby. Visit the Frankfort or Betsie Pointe lighthouses. Seasonal farmers markets, holiday events, quaint shops, and delightful restaurants add to the area’s charm and vibrancy. Take a scenic drive along M22 as it wraps around the Leelanau Peninsula on both coasts. Experience the majestic Sleeping Bear Dunes National Park and explore the charming Leelanau Peninsula towns of Empire, Glen Arbor, Leland, Northport, and Suttons Bay as you tour. For added convenience, airports in Traverse City and Manistee are just a short drive away. This property is a rare find for those seeking a serene forested retreat with easy access to a wealth of outdoor activities and local attractions. Don't miss the chance to own a piece of this exquisite landscape!
Property Details
Property Features
Listing Office:
Office Name: CENTURY 21 Northland
Listing Agent: Luba Melnyczuk-Childs
Exterior Features
Exterior Information:
Exterior: Other
Lot Features
Lot Information:
Lot: Rolling/Hilly, Sloped, Wooded
Lot Size: 0.68 Acres
School Info
Assigned Schools Information:
Frankfort High School, Public District Grades 7-12
Frankfort Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: From Frankfort/Elberta take M22 south to Grace Rd. West on Grace Rd. to Stratton Lane, turn left/south to property.
Price Information
Listing Price Info
Price Summary:
List Price: $99,950
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Frankfort, MI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$566
Per Month
Principal & Interest
$499
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$366
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Frankfort Elementary School
613 Leelanau Ave
Distance between this listing and this school2.29 miles
Public District Grades KG-6
High School
7
/10
Frankfort High School
534 11th St
Distance between this listing and this school2.40 miles
Public District Grades 7-12
Assigned Schools
6
/10
Frankfort Elementary School
613 Leelanau Ave
Distance between this listing and this school2.29 miles
Public District Grades KG-6
Nearby Schools
4
/10
Crystal Lake Elementary School
7048 Severence St
Distance between this listing and this school6.45 miles
Public Magnet Grades KG-5
6
/10
Bear Lake Elementary School
7748 Cody St
Distance between this listing and this school13.23 miles
Public District Grades PK-6
Nearby Schools
4
/10
Benzie Central Middle School
9300 Homestead Rd
Distance between this listing and this school8.39 miles
Public Magnet Grades 7-8
5
/10
Brethren Middle School
4400 Highbridge Rd
Distance between this listing and this school22.99 miles
Public District Grades 6-8
5
/10
John F. Kennedy Elementary School
550 Maple St
Distance between this listing and this school25.45 miles
Public District Grades 4-6
Assigned Schools
7
/10
Frankfort High School
534 11th St
Distance between this listing and this school2.40 miles
Public District Grades 7-12
Nearby Schools
2
/10
Benzie Academy
7282 Hoadley Rd
Distance between this listing and this school6.65 miles
Public District Grades 9-12
6
/10
Benzie Central Sr. High School
9300 Homestead Rd
Distance between this listing and this school8.39 miles
The neighbors living near this home have an average income of $56,250. Residents of Frankfort, MI typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 000 Stratton Ln
What is the listing price of this property?
The listing price of 000 Stratton Ln property is $99,950.
What type of property is this?
The property 000 Stratton Ln is land located in Frankfort, Michigan, 49635.
Is this property for sale now?
Active Listing: 000 Stratton Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 000 Stratton Ln are: Frankfort Elementary School: GreatSchools Rating 6/10Frankfort High School: GreatSchools Rating 7/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 000 Stratton Ln in Frankfort, MI and zip code 49635. This home sits on a 0.68 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $99,950.
In October 2024, from all listings sold in Frankfort, MI there were more than 0 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Frankfort, MI decreased by 7.7% between September 2024 and October 2024. In October 2024, listings were on the market for 102 days. During the same period, the median list price in this real estate market was $520,000.
From Rocket Homes Real Estate and based on county public records data.