Price Reduction - Waterfront - Seller Financing
Address
407 Fortune Avenue, Frankfort, MI
Price
$ 400,000
Property Attributes
- ID#80068593
- TypeSingle Family
- Listing Status Active
- CountyBENZIE
- CityFrankfort
- AreaFrankfort
- NeighborhoodCongregational Summer Assembly
- Zip49635
- StyleRanch
- Year Built1920
- Price$ 400,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1000
- Lot Size0.17 Acres
Data Source:
MiRealSource (MIRS)
Property Description
Charming 1,000 Sq'/2BR+Sleeping Porch/1BA Congregational Summer Assembly Cottage (CSA - www.summerassembly.org). PURCHASE GIVES EXTREMELY DESIRABLE CSA MEMBERSHIP. The Great Room features a lovely Stone FP, plus this historic cottage has been a good rental between Seller occupancies. Quite well located near CSA Action: .2 mile to 1,000' of Pristine Frontage on Crystal Lake; .6 mile to 1,000' of Pristine Frontage on Lake Michigan. CSA also provides lifeguarded swimming/swimming lessons, tennis/pickle ball lessons (8 tennis/3 pickleball courts), art fairs and children/adult activities galore! Itââ¬â¢s also just 200 yards to the CSA Meeting House where operettas and concerts take place - more info in Documents. Don't miss this unique opportunity to own a CSA cottage/become a CSA Member!!
| Elementary School | Middle School | High School |
|---|---|---|
| Frankfort Elementary School | Frankfort High School | Frankfort High School |
| Price History | |
|---|---|
| 5/21/2026 | Listed $450,000 |
| 7/4/2026 | 6$425,000 |
| 8/25/2026 | 6$400,000 |
General Features
| Heating | None |
|---|---|
| Kitchen Level | Main |
| Possession | Negotiable (Possession) |
| Water | Community Well |
| Appliances | Microwave,Range/Oven,Refrigerator |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1920 |
| Subdivision | Congregational Summer Assembly |
| Water Heater | Electric |
| Style | Ranch |
| County | Benzie |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Section | 9 |
| Associated Document Count | 4 |
| Status | Active |
| Zoning | Residential |
| Sale/Rent | For Sale |
| Utilities | Cable Available |
| Manufactured Y/N | No |
| ROOMS | Great Room |
| Structure Style | 1 Story |
| Area | Frankfort (10016) |
| Directions | M-22 N. From Frankfort 2 Miles to the Congregational Summer Assembly; L on Alden Edwards 400 yds to Fortune Ave; R uphill/around to 407 on right. Fortune Ave is a one-way 1/2 circle; 407 is at the top |
| High School | Frankfort High School |
| City | Frankfort |
| School District | Frankfort-Elberta Area Schools |
| Originating MLS | Aspire North REALTORS |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional,Exchange/Trade,FHA,Land Contract,VA,MIStateHsDevAuthority |
| Elementary School | Frankfort Elementary School |
| Middle School | Frankfort High School |
| Legal Description | LOT 325 EXC E'LY STRIP WITH 22 1/2 FT FRONTAGE OF LION LANE & 17 1/2 FT ON S LN CONGREGATIONAL SUMMER ASSEMBLY P.A. 407 LION LANE |
| Branded Virtual Tour | https://tours.bluelavamedia.com/s/407-Fortune-Ave-Frankfort-MI-49635-1938843 |
| DOM | 119 |
| Price Per Sq Ft Total AG | 400 |
| Public Remarks | Charming 1 |
Interior Features
| Interior Amenities | Cathedral/Vaulted Ceiling |
|---|---|
| Dining Room Level | Main |
| Living Room Level | Main |
| Bedroom 1 Level | Main |
| Bedroom 2 Level | Main |
| Kitchen Length | 15 |
| Living Room Length | 12 |
| Bedroom 2 Width | 14 |
| Dining Room Width | 20 |
| Bedroom 2 Length | 12 |
| Living Room Width | 25 |
| Dining Room Length | 10 |
| Kitchen Width | 7 |
| Beds | 2 |
| Fireplace? | Yes |
| Bedroom 1 Length | 10 |
| Bedroom 1 Width | 10 |
| Above Grade SqFt | 1000 |
| Basement Y/N | No |
| Bedroom 2 Floor Covering | Wood |
| Kitchen Floor Covering | Vinyl |
| Total SqFt Finished | 1000 |
Exterior Features
| Exterior | Wood |
|---|---|
| Exterior Amenities | Deck |
| Frontage | 1000 |
| Body of Water | Crystal Lake |
| Lot Size Area | 0.17 |
| Lot Dimensions | 75x100 |
| Water Features | All Sports Lake,Waterfront,Shared Waterfront,Great Lake,Interior Lake,Sandy Bottom |
| FOUNDATION TYPE | Crawl |
| SEWER/SEPTIC | Septic |
| Waterfront Y/N | No |
| Garage Y/N | No |
| Frontage Type | Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49635
Price
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 22, 2026 10:31 PM UTC
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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