Waterfront - Seller Financing
Address
406 Fortune Avenue, Frankfort, MI
Price
$ 650,000
Property Attributes
  • ID#80068570
  • TypeSingle Family
  • Listing Status Active
  • CountyBENZIE
  • CityFrankfort
  • AreaFrankfort
  • NeighborhoodCongregational Summer Assembly
  • Zip49635
  • Style
  • Year Built1930
  • Price$ 650,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size0.17 Acres
Data Source:
MiRealSource (MIRS)
Property Description

On the Congregational Summer Assembly (CSA), this historic 3BR/2BA, 1,500 sq ft cottage offers Frontage on BOTH Crystal Lake AND Lake Michigan. Quite charming, the cottage features a large upper level bedroom with two sleeping areas, a middle level primary bedroom and full bath, an inviting living room with stone fireplace, den, and an attractive enclosed porch. A 2015 lower level addition provides a spacious 3rd bedroom with full bath and laundry area, allowing the cottage to sleep 8+ comfortably. Enjoy a large deck nestled in the trees, ideal for relaxing or entertaining. Connected to the CSA shared well (May–October), with possible private well potential, Ownership includes coveted CSA membership with access to concerts, tennis, pickle ball, lifeguarded swimming, and much more – don’t miss it!!

Elementary School Middle School High School
Frankfort Elementary School Frankfort High School Frankfort High School
Price History
5/21/2026 Listed $700,000
6/30/2026 8$650,000

General Features

Heating Wall Heat
Kitchen Level Main
Possession Negotiable (Possession)
Water Community Well
Appliances Dryer,Microwave,Range/Oven,Refrigerator,Washer
Status Active
Full Baths 2
Bathrooms 2
Year Built 1930
Subdivision Congregational Summer Assembly
Water Heater Electric
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
HOA Fee Includes Water
Manufactured Y/N No
ROOMS Den/Study/Lib,Great Room,Breakfast Nook/Room
Structure Style More than 2 Stories
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 406 on left. Fortune Ave is a one-way 1/2 circle; 406 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 317 & E 1/2 of Lot 318 Cong Summer Assembly P.A. 406 Lion Lane
Branded Virtual Tour https://tours.bluelavamedia.com/s/406-Lion-Ln-Frankfort-MI-49635
DOM 119
Price Per Sq Ft Total AG 433.33
Public Remarks On the Congregational Summer Assembly (CSA),this historic 3BR/2BA,1,500 sq ft cottage offers Frontage on BOTH Crystal Lake AND Lake Michigan. Quite charming

Interior Features

Interior Amenities Cathedral/Vaulted Ceiling,Window Treatment(s)
Family Room Level Main
Dining Room Level Main
Living Room Level Main
Bedroom 3 Level Lower
Bedroom 1 Level Main
Bedroom 2 Level Upper
Laundry Room Level Lower
Kitchen Length 12
Family Room Length 12
Laundry Room Width 6
Family Room Width 10
Living Room Length 15
Bedroom 2 Width 10
Bedroom 3 Width 40
Laundry Room Length 8
Dining Room Width 10
Bedroom 2 Length 15
Living Room Width 20
Bedroom 3 Length 12
Dining Room Length 10
Kitchen Width 6
Beds 3
Fireplace? Yes
Bedroom 1 Length 15
Bedroom 1 Width 10
Above Grade SqFt 1500
Basement Y/N No
Bedroom 2 Floor Covering Wood
Bedroom 3 Floor Covering Wood
Kitchen Floor Covering Wood
Total SqFt Finished 1500

Exterior Features

Exterior Wood
Exterior Amenities Deck
Frontage 1000
Body of Water Crystal Lake
Lot Size Area 0.17
Lot Dimensions 75' x 100'
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
AVG $870K
$650K
Year Built
AVG 1978
1930
Visits
AVG 16
16
Data Provided by Inside Real Estate®

Areas We Cover