550 Grace Rd, Frankfort, MI 49635
OFF MARKET

$1,295,300

Trulia Estimate
  • Studio

550 Grace Rd, Frankfort, MI 49635

Est. Refi. Payment $7,699/mo*
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Home Value

Trulia Estimate
$1.29M
Since last month
Increased$22K (+1.7%)
Since last year
Decreased$24K (-1.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +82% in the last 10 years
MonthEstimated value
2026
August 2026$1.3M
August 2026$1.25M
July 2026$1.27M
June 2026$1.35M
May 2026$1.33M
April 2026$1.27M
March 2026$1.32M
February 2026$1.36M
January 2026$1.45M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2737 Ellsworth Trl, Frankfort, MI
0.88
Single-Family Home
$507,000
11/14/25
3
2
1,254
1074 Frankfort Ave, Elberta, MI
0.64
Single-Family Home
$340,000
08/20/26
3
2
1,624
1074 Frankfort Ave, Frankfort, MI
0.64
Single-Family Home
$340,000
08/20/26
3
2
1,624
966 Frankfort Ave, Elberta, MI
0.71
Single-Family Home
$170,000
02/13/26
2
1
1,344
242 Grant St, Elberta, MI
0.84
Single-Family Home
$434,500
08/21/26
3
1
1,532
605 Lincoln Ave, Elberta, MI
0.96
Single-Family Home
$330,000
04/28/26
2
1
942
457 Lake St, Frankfort, MI
1.56
Single-Family Home
$380,000
02/09/26
2
1
-
1734 Frankfort Hwy, Frankfort, MI
2.28
Single-Family Home
$180,000
01/09/26
2
1
800
1154 Martin Dr, Frankfort, MI
2.02
Single-Family Home
$350,000
02/18/26
3
2
1,724
335 Bridge St, Frankfort, MI
2.33
Single-Family Home
$315,000
03/13/26
2
1
820

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1936 Greenwood Lndg, Frankfort, MI 49635
0.06
$1,500,000
3
2.5
1,992
For Sale
2069 Stratton Ln, Frankfort, MI 49635
0.10
$552,900
3
3
2,680
Off Market
Lot 14 Stratton Ln, Frankfort, MI 49635
0.15
-
-
-
-
Off Market
Stratton Ln #14, Frankfort, MI 49635
0.15
-
-
-
-
Off Market
1882 Greenwood Lndg, Frankfort, MI 49635
0.13
$2,800,000
4
3
5,235
For Sale
D Round Rock Way, Frankfort, MI 49635
0.18
-
-
-
-
Off Market
1912 S Scenic Hwy, Frankfort, MI 49635
0.24
$2,900,000
3
3
2,592
For Sale
Grace Rd, Frankfort, MI 49635
0.35
-
-
-
-
Off Market
Scenic Hwy, Frankfort, MI 49635
0.44
-
-
-
-
Off Market
331 George Mc Manus St, Elberta, MI 49628
0.45
$360,700
3
1
1,350
Off Market
Memory Ln, Frankfort, MI 49635
0.54
-
-
-
-
Off Market
1148 Memory Ln, Frankfort, MI 49635
0.56
$240,000
3
2
1,200
Recently Sold

Local Information

  • Map ViewExplore the area around 550 Grace Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
4.5 acre lot

About this House

This single-family home is located at 550 Grace Rd, Frankfort, MI. 550 Grace Rd is in Frankfort, MI and in ZIP code 49635. This property has a lot size of 4.50 acres.
550 Grace Rd, Frankfort, MI 49635 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,295,300, with a rent estimate of $2,568/month.

Home Details for 550 Grace Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 4.50 acres

Price and Tax history

YearProperty taxTax assessment
2025
$9,590
$1,394,400
Home facts updated by county records

Market trends in Frankfort

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
45
9MoM

Around this home

What Locals Say about Frankfort

At least 19 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 90 % Say parking is easy

  • 88 % Say people would walk alone at night

  • 88 % Say yards are well-kept

  • 87 % Say there's wildlife

  • 79 % Say it's walkable to restaurants

  • 77 % Say car is needed

  • 74 % Say there's holiday spirit

  • 74 % Say streets are well-lit

  • 70 % Say there are sidewalks

  • 70 % Say it's walkable to grocery stores

  • 67 % Say it's quiet

  • 65 % Say neighbors are friendly

  • 64 % Say they plan to stay for at least 5 years

  • 58 % Say kids play outside

  • 45 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Stephaniestrang491
    "The Frankfort-Elberta school system is great with very caring staff. Excellent for academics and all sports as well. "
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  • Jordan.m.burns2
    "I don't work in town, but it's very convenient to get all my errands (groceries, bank, post office, etc.) done when needed. "
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  • Scott R.
    "Great neighborhood for families. Awesome beaches on Lake Michigan and Crystal Lake. Lots of restaurants also, from casual to fancy."
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  • Laura M.
    "4th of July, art shows and craft shows. We live right on Lake Michigan with our beautiful pier and we are surrounded by natural creeks and rivers that are fun for kayaking. Beautiful during summer & winter. I love living here!"
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  • Finn4golf2
    "We have neighborhood potlucks, beautiful views and every Halloween we do trunk or treat in town for hundreds of kids."
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  • Laura M.
    "We have beautiful Lake Michigan with our pier and long shore lines. Every Fourth of July is a wonderful and big celebration, along with farmers markets and arts & craft fairs all summer long."
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  • Laura M.
    "The only thing frankfort could use is an actual dog park. Otherwise dogs are welcome on all streets, plenty of side walks to roam and a good neighborhood. Small school but great one on one learning with the teachers because it’s such a small community. "
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  • Judithquay
    "We are retired, as are many of our neighbors, so we are not trying to raise a family here. The majority of homes on our block are only occupied in the summer months. "
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  • Padalinor
    "Quite, everything one needs, close to Lake Michigan. Many nature hikes close by as well as numerous other outdoor activities. "
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  • Brent F.
    "Great neighbors. Great beach. Walk to downtown with many dining options. Easy drive to premier state and national parks and vacation destinations. Skiing 20 minutes away at Crystal mountain."
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  • Wksteven61
    "It is one of the best harbor towns on Lake Michigan with much to offer the outdoor enthusiast; especially water sports like fishing, skiing, paddle board, kayaking/canoeing and so much more."
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  • Judithquay
    "Frankfort has some beautiful homes built in the mid-to-late 1800s. The Garden Theater and Stormcloud microbrewery are terrific. "
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LGBTQ Local Legal Protections

Frequently asked questions about 550 Grace Rd

  • What is 550 Grace Rd estimated to be worth?
    Trulia's estimated value for 550 Grace Rd in Frankfort, MI is $1,295,300.
  • Is Frankfort a buyer's or seller's market?
    Frankfort is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Frankfort?
    Residents describe Frankfort, MI as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Frankfort, MI.
  • What are the closest schools to 550 Grace Rd?
    The closest schools to 550 Grace Rd in Frankfort, MI are Frankfort Elementary School (Pre-K, rated 8/10), Frankfort High School (Middle, rated 7/10).
  • How big is the lot at 550 Grace Rd?
    The lot at 550 Grace Rd in Frankfort, MI is about 4.5 acres.

Apartments for Rent

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