Properties for sale in Michigan

Overview

Description

Exceptional waterfront redevelopment opportunity in the heart of Ludington! Located directly across from the Ludington Municipal Marina, this rare offering includes an updated ranch home plus four residential lots (one improved), creating endless possibilities for future development. Potential uses include luxury homes, custom residences, townhomes, or low-rise condominiums (subject to approvals). Occupying nearly three-quarters of a city block, the property offers marina views, excellent frontage, and is just minutes from downtown, parks, beaches, restaurants, and shopping. The existing 2-bedroom, 1-bath home was completely renovated in 2018, including the interior, exterior, and a detached 2-car garage. Both bedrooms offer water views, and public utilities are available. The seller has already consulted with the City and a surveyor regarding future parcel configurations, making this an outstanding opportunity for builders, developers, and investors.

Location Property Info

County: Mason
Street #: 701
Street Direction: W
Street Name: Loomis
Suffix: Street
State: MI
Zip Code: 49431
Zip (4): 2017

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7405
Lot Dimensions: 186x119x185x119
Year Built: 1960
Road Frontage: 186
Garage Y/N: Yes
Garage Spaces: 2
Income Property: Yes
Total Rooms AG: 3
Total Fin SqFt All Levels: 768
SqFt Above Grade: 768
Building Total SqFt: 768
Total Beds Above Grade: 2
Total Bedrooms: 2
Full Baths: Yes
Total Baths: Yes
Main Level Primary: Yes
Stories: Yes
School District: Ludington
Association YN: No
Waterfront: Yes
Body of Water: Hamlin Lake
Statewide Lakes & Rivers: Hamlin Lake
Basement: No
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0

Tax Info

Tax ID #: 051-125-001-00
Taxable Value: 58068
SEV: 204700
For Tax Year: 3144
Seller's Annual Property Tax: 56542
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: No

Remarks Misc

Directions: W on W Luddington Ave S on S Ferry St W on Lot Dimen: 186x119x185x119 Lumis

Access Feat

Accessibility Features: No

More Information

Upper Rooms

Total Baths Above Grade: Yes

Main Rooms

Main Bedrooms: 2
Main Full Baths: Yes
Main Level SQFT: 768

Location & Property Info

Cross Streets: Luddington Ave and S Ferry St
Property Sub-Type: Single Family Residence
Municipality: Ludington

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 2083.33

Remarks & Misc

Public Remarks: Exceptional waterfront redevelopment opportunity in the heart of Ludington! Located directly across from the Ludington Municipal Marina, this rare offering includes an updated ranch home plus four residential lots (one improved), creating endless possibilities for future development. Potential uses include luxury homes, custom residences, townhomes, or low-rise condominiums (subject to approvals). Occupying nearly three-quarters of a city block, the property offers marina views, excellent frontage, and is just minutes from downtown, parks, beaches, restaurants, and shopping. The existing 2-bedroom, 1-bath home was completely renovated in 2018, including the interior, exterior, and a detached 2-car garage. Both bedrooms offer water views, and public utilities are available. The seller has already consulted with the City and a surveyor regarding future parcel configurations, making this an outstanding opportunity for builders, developers, and investors.
Legal: ASSESSOR'S PLAT OF TENTH ADDITION, LOTS 1, 2, & 3

Waterfront Options

Water Frontage: 0

Water Type

Lake: Yes

Water Fea. Amenities

View: Yes

Lot Description

Corner Lot: Yes
Level: Yes

Street Type

Paved: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Phone Available: Yes

Utilities Attached

Cable Connected: Yes
High Speed Internet: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Laundry Features

Laundry Room: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Asphalt: Yes

Parking Features

Garage Faces Front: Yes

Heat Source

Electric: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Driveway

Paved: Yes

Substructure

Crawl Space: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Water Heater

Electric: Yes

Architectural Style

Ranch: Yes

Property Features

Water Type: Lake Laundry Features: Laundry Room Exterior Material: Vinyl Siding Roofing: Asphalt Substructure: Crawl Space Lot Description: Corner Lot; Level Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Phone Available Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Refrigerator; Washer Heat Source: Electric Heat Type: Forced Air Air Conditioning: Central Air Water Heater: Electric Parking Features: Garage Faces Front Architectural Style: Ranch Driveway: Paved Street Type: Paved Terms Available: Cash; Conventional; FHA; VA Loan Sale Conditions: None

701 W Loomis Street, Ludington, MI 49431