For sale

Price cut: $25K (8/25)

$400,000

407 Fortune, Frankfort, MI 49635

2beds

1,000sqft

$2,673/mo

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Single Family Residence

Built in 1920

7,405 Square Feet Lot

$384,400 Zestimate^®

$400/sqft

$-- HOA

What's special

Great room

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!!

104 days
2,169
73

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Rooms

Room types: Great Room

Primary bedroom

Level: Main
Area: 100
Dimensions: 10 x 10

Bedroom 2

Level: Main
Area: 168
Dimensions: 12 x 14

Primary bathroom

Features: Shared

Dining room

Level: Main
Area: 200
Dimensions: 10 x 20

Kitchen

Level: Main
Area: 105
Dimensions: 15 x 7

Living room

Level: Main
Area: 300
Dimensions: 12 x 25

Heating

Wood, Fireplace(s)

Appliances

Included: Refrigerator, Oven/Range, Microwave, Electric Water Heater
Laundry: None

Features

Cathedral Ceiling(s), Cable TV, High Speed Internet, WiFi
Flooring: Wood, Vinyl
Basement: Crawl Space
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 1,000
Total interior livable area: 1,000 sqft
Finished area above ground: 1,000
Finished area below ground: 0

Video & virtual tour

Property

Parking

Parking features: None

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Deck
On waterfront: Yes
Waterfront features: Inland Lake, All Sports, Sandy Bottom, Gradual Slope to Water, Great Lake, Lake, Sandy Shoreline
Body of water: Crystal Lake
Frontage length: 1000

Lot

Size: 7,405 Square Feet
Dimensions: 75 x 100
Features: Wooded, Sloped, Subdivided

Details

Additional structures: None
Parcel number: 100510019800
Zoning description: Residential
Other equipment: Dish TV, TV Antenna

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Wood Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Private Sewer
Water: Community Well

Green energy

Energy efficient items: Not Applicable
Water conservation: Not Applicable

Community & HOA

Community

Features: Community Dock, Clubhouse, Tennis Court(s), Fitness Center, Lake Privileges, Pets Allowed, Common Area, Trails
Subdivision: Congregational Summer Assembly

HOA

Services included: Other

Location

Region: Frankfort

Financial & listing details

Price per square foot: $400/sqft
Tax assessed value: $43,411
Price range: $400K - $400K
Date on market: 5/21/2026
Cumulative days on market: 104 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash,FHA,MSHDA,VA Loan,1031 Exchange,Land Contract/PMM,FNMA
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

$384,400

$365,000 - $404,000

$1,589/mo

Price history

Date	Event	Price
8/25/2026	Price change	$400,000-5.9%$400/sqft
Source: NGLRMLS #1945488 Report a problem
7/4/2026	Price change	$425,000-5.6%$425/sqft
Source: NGLRMLS #1945488 Report a problem
5/21/2026	Listed for sale	$450,000-18.2%$450/sqft
Source: NGLRMLS #1945488 Report a problem
1/1/2026	Listing removed	$550,000$550/sqft
Source: NGLRMLS #1938843 Report a problem
9/22/2025	Listed for sale	$550,000$550/sqft
Source: NGLRMLS #1938843 Report a problem