515 Park Street 1, Saugatuck, MI 49453

$1,550,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,684 Lot Size (sq. ft.): 11,326 Status: Sold
Current Price: $1,550,000 List Date: 7/30/2025 Last Modified: 10/31/2025

Overview

Description

Welcome to one of the most iconic residences on the Kalamazoo River—an architecturally inspired, yacht-style condo offering 2,700+ sq ft, 3 beds + bonus room & loft, 2.5 baths, and panoramic views of the Kalamazoo and downtown Saugatuck. Located in the Saugatuck Resort District, this condo operates as a highly successful short-term rental, with future STR permit eligibility (subject to availability).Enjoy a large terrace, 3 balconies, over 100' of seawall, and 70' of designated dock space. Walkability to Oval Beach Steps from the Historic Saugatuck Chain Ferry.Moments from the best shops, restaurants, and attractions in downtown Saugatuck, this property offers both a luxurious lifestyle and outstanding rental income potential—a rare opportunity in a premier resort destination

Listing Details MLS# 25037209

Location Property Info

County
Allegan
Street #
515
Street Name
Park
Suffix
Street
State
MI
Zip Code
49453

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.26
Lot Square Footage
11326
Year Built
2000
Garage Y/N
Yes
Garage Spaces
2
Fireplace
Yes
Total Fireplaces
Yes
Income Property
Yes
Condo Proj Name
Riverwatch Condominium
Total Rooms AG
9
Total Fin SqFt All Levels
2747
SqFt Above Grade
2684
Total Beds Above Grade
3
Total Bedrooms
3
Full Baths
2
Half Baths
Yes
Total Baths
3
Main Level Primary
Yes
Stories
3
School District
Saugatuck-Douglas
Elementary School
Douglas Elementary School
Middle School
Saugatuck Middle School
High School
Saugatuck High School
Entry Type
Private
Pets Y/N
Yes
Association Contact
Kathy Wilson
Association YN
Yes
Waterfront
Yes
Body of Water
Kalamazoo River
Statewide Lakes & Rivers
Kalamazoo River

Tax Info

Tax ID #
57-822-001-00
Taxable Value
497429
SEV
66120
For Tax Year
2025
Seller's Annual Property Tax
29091
Tax Year
2025
Spec Assessment & Type
N/A
Zoning
Resort

Remarks Misc

Directions
Center Street turn right on Ferry Street which turns into Park and head to 515

Status Change Info

Under Contract Date
2025-09-21
Sold Date
2025-10-31
Sold Price/SqFt
577.5

More Information

Waterfront Options

Water Access Y/N
Yes
Water Frontage
100

Access Feat

Accessibility Features
No

Upper Rooms

Upper Level Square Feet
827
Total Baths Above Grade
3

Main Rooms

Main Bedrooms
3
Main Full Baths
2
Main Half Baths
Yes
Main Level SQFT
1920

Property Features

Water Type: Channel; Lake; River Laundry Features: Electric Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup Exterior Material: Wood Siding Roofing: Metal Windows: Insulated Windows; Skylight(s) Substructure: Slab Lot Description: Adj. to Public Land; Site Condo Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected; Phone Connected Kitchen Features: Eating Area; Snack Bar Fireplace: Living Room Additional Items: Ceiling Fan(s); Ensuite; Garage Door Opener; Wet Bar; Whirlpool Tub; Window Treatments Appliances: Bar Fridge; Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer; Water Softener Owned Heat Source: Natural Gas Heat Type: Forced Air; Radiant Air Conditioning: Central Air Water Heater: Natural Gas Exterior Features: Balcony Flooring: Carpet; Ceramic Tile; Wood Patio and Porch Features: Deck; Terrace Security Features: Carbon Monoxide Detector(s); Fire Alarm Landscape: Flower Garden; Ground Cover; Shrubs/Hedges; Terraced Yard; Underground Sprinkler Parking Features: Attached; Detached; Garage Door Opener; Garage Faces Front Architectural Style: Contemporary; Tri-Level Driveway: Concrete Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: See Remarks Sale Conditions: Other

Room Information

Room NameLevel
KitchenMain
Dining RoomMain
Living RoomMain
LaundryMain
Primary BedroomMain
Primary BathroomMain
Bathroom 1Main
Bathroom 2Main
Bedroom 2Main
Bedroom 3Main
Bonus RoomUpper
RecreationUpper

Documents

IDX
Listing Office: CENTURY 21 Affiliated
Listing Agent: David Isljamovski
Source MLS Verified
Last Updated: October - 31 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively 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.