722 Lake Street, Saugatuck, MI 49453

$1,050,000
Property Type: Multi Family Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $1,050,000 List Date: 5/21/2026 Last Modified: 9/01/2026

Overview

Description

An exceptional opportunity in the heart of Saugatuck, this meticulously maintained property offers the rare combination of charm, updates, and short-term rental potential. Situated just two blocks from downtown Saugatuck and conveniently located near Blue Star Highway for easy access without downtown traffic, this three-unit property is a highly desirable STR setup with projected annual rental income models estimating well into six figures.The main home features over 2,200 square feet of character-filled living space, blending craftsmanship with thoughtful updates throughout. The main floor offers a beautifully finished front sun porch, original hardwood floors, a high-end kitchen, two stunning full bathrooms, spacious primary bedroom with direct porch access, and an additional family room with attached full bath that could easily function as a luxurious primary suite. Upstairs, original flooring continues throughout two generous bedrooms

Supplements: An exceptional opportunity in the heart of Saugatuck, this meticulously maintained property offers the rare combination of historic charm, modern updates, and extraordinary short-term rental potential. Situated just two blocks from downtown Saugatuck and conveniently located near Blue Star Highway for easy access without downtown traffic, this thre ...

Listing Details MLS# 26024016

Location Property Info

County
Allegan
Street #
722
Street Name
Lake
Suffix
Street
State
MI
Zip Code
49453
Zip (4)
9435

General Property Info

Lot Measurement
Acres
Lot Square Footage
10890
Lot Acres
0.25
Lot Dimensions
53x205
Year Built
1935
New Construction
No
Road Frontage
53
Total # Units
3
# of Diff Unit Floor Plans
3
Total # Bldgs
2
Total Approx. SqFt All Bldgs
3500
Total Parking Spaces
6
Waterfront
No
Body of Water
Kalamazoo Lake
Statewide Lakes & Rivers
Kalamazoo Lake
School District
Saugatuck-Douglas

Tax Info

Tax ID #
57-514-040-00
Taxable Value
226616
SEV
391100
For Tax Year
2017
Seller's Annual Property Tax
10560
Tax Year
2025
Homestead %
70
Spec Assessment & Ty
na

Remarks Misc

Directions
Blue Star Hwy to Lake St. to home

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit Description
Main House
SqFt
2500
Bathrooms
3
Full Baths
2
Half Baths
Yes

Unit 2

Unit Description
Upstairs
SqFt
509
Bathrooms
Yes
Full Baths
Yes

Unit 3

Unit Description
Downstairs
SqFt
509
Bathrooms
Yes
Full Baths
Yes

Property Features

Laundry Features: Gas Dryer Hookup; In Basement; Laundry Chute; Laundry Room; Sink Exterior Material: Aluminum Siding Roofing: Composition Substructure: Daylight; Full Lot Description: Level; Sidewalk; Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer Extras: Garages Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air; Window Unit(s) Driveway: Asphalt; Gravel; Paved; Unpaved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; VA Loan Possession: Close Of Escrow; Negotiable Sale Conditions: None Unit 1: Central Air; Deck/Patio; Dishwasher; Fireplace; Garb Disp; Range Oven; Refrigerator; Washer/Dryer Unit 2: Central Air; Deck/Patio; Dishwasher; Range/Oven; Refrigerator Unit 3: Central Air; Refrigerator
IDX
Listing Office: HomeRealty, LLC
Listing Agent: Marie Wiedenhoeft
Source MLS Verified
Last Updated: September - 01 - 2026
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.