722 Lake Street, Saugatuck, MI 49453 (MLS# 26024016)

722 Lake Street, Saugatuck, MI 49453

$1,050,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/26024016

exec-19e4ef4f-4f41-4adf-8229-1bd612146c8

Property Type: Multi Family Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $1,050,000 List Date: 5/21/2026 Last Modified: 9/05/2026

Overview

Description

An exceptional opportunity in the heart of Saugatuck, this meticulously maintained three-unit property blends historic charm, thoughtful updates, and outstanding short-term rental potential. Just two blocks from downtown with convenient Blue Star Highway access, it offers projected annual rental income well into six figures. The 2,200-square-foot main home features original hardwood floors, a high-end kitchen, flexible sleeping spaces, multiple living areas, and a private rooftop deck. Two renovated carriage-house units provide additional guest accommodations, including a studio and an upper apartment with a full kitchen. Turnkey and versatile, it is ideal as an investment, personal retreat, or income-producing compound.

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
Basement: Yes

Tax Info

Tax ID #: 57-514-040-00
Taxable Value: 226616
SEV: 391100
For Tax Year: 2025
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
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Fireplace: Yes
Garb Disp: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit Description: Upstairs
SqFt: 509
Bathrooms: Yes
Full Baths: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit Description: Downstairs
SqFt: 509
Bathrooms: Yes
Full Baths: Yes
Central Air: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Blue Star Highway and Lake St
Property Sub-Type: 2 to 4 Units
Municipality: Saugatuck City
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 300

Remarks & Misc

Public Remarks: An exceptional opportunity in the heart of Saugatuck, this meticulously maintained three-unit property blends historic charm, thoughtful updates, and outstanding short-term rental potential. Just two blocks from downtown with convenient Blue Star Highway access, it offers projected annual rental income well into six figures. The 2,200-square-foot main home features original hardwood floors, a high-end kitchen, flexible sleeping spaces, multiple living areas, and a private rooftop deck. Two renovated carriage-house units provide additional guest accommodations, including a studio and an upper apartment with a full kitchen. Turnkey and versatile, it is ideal as an investment, personal retreat, or income-producing compound.
Legal: THAT PART LOT 7 BLK 4 COM ON LINE BETWEEN LOTS 6 & 7 BLK 4 AT PT 100 FT FROM SLY SIDE OF PLEASANT AVE. WLY PPL WITH PLEASANT AVE 40 FT SWLY TO LAKE ST TO A PT 60 FT FROM SE COR LOT 7 TH SELY ALG LK ST. 60 FT TO SE COR LOT 7 TH NELY ALONG ELY SIDE LOT 7 TO BEG BLOCK 4 MORRISON & DENSMORE'S ADDITION.

Water Fea. Amenities

Public Access 1 Mile or Less: Yes
View: Yes

Lot Description

Level: Yes
Sidewalk: Yes
Wooded: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Storm Sewer: Yes

Utilities Attached

Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
VA Loan: Yes

Mineral Rights

Unknown: Yes

Laundry Features

Gas Dryer Hookup: Yes
In Basement: Yes
Laundry Chute: Yes
Laundry Room: Yes
Sink: Yes

Exterior Material

Aluminum Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes
Window Unit(s): Yes

Tenant Pays

None: Yes

Driveway

Asphalt: Yes
Gravel: Yes
Paved: Yes
Unpaved: Yes

Substructure

Daylight: Yes
Full: Yes

Extras

Garages: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Negotiable: 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

Listing Office: HomeRealty, LLC

Listing Agent: Marie Wiedenhoeft

Last Updated: September - 05 - 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.