For Sale
407 Fortune Avenue, Frankfort, MI 49635
$425,000
MLS # 1945488 (Northern Great Lakes REALTORS® MLS)
2 beds1 bathBuilt 19200.17 acres
1 / 22
Listing 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! It’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!!
Source: SparkMLS
About this home
This 2-bedroom, 1-bath home built in 1920 sits in Frankfort.
Asking $425,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Lot Size0.17 acres
Year Built1920
Stories1
Location
CityFrankfort
MunicipalityFrankfort
Zip Code49635
CountyBenzie
Construction & Systems
BasementCrawl Space
HeatingWood
WaterWell
Sale & Financing
Listed5/20/2026
Original Price$450,000
Terms AcceptedCash, Conventional, FHA, Land Contract, MSHDA
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Thomas F Williams
Vaughan Realty
Frequently Asked Questions about 407 Fortune Avenue, Frankfort, MI 49635
What type of financing is accepted for this listing?
Per MLS# 1945488, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, Land Contract, MSHDA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Is 407 Fortune Avenue, Frankfort, MI 49635 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 407 Fortune Avenue, Frankfort, MI 49635 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Frankfort police department or the Benzie County sheriff's office.
Map
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Monthly payment$2,757
Principal & interest$2,757
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
407 Fortune Avenue, Frankfort, MI 49635
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