722 Lake Street, Saugatuck, MI 49453 (MLS# 26047331)

722 Lake Street, Saugatuck, MI 49453

New Listing

$1,050,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/26047331

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 3,500 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $1,050,000 List Date: 9/05/2026 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 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# 26047331

Location Property Info

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

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.25
Lot Square Footage: 10890
Lot Dimensions: 53x205
Year Built: 1935
Road Frontage: 53
Garage Y/N: No
Fireplace: Yes
Total Fireplaces: Yes
Income Property: Yes
Total Rooms AG: 11
Total Fin SqFt All Levels: 1994
SqFt Above Grade: 3500
Below Grade Finished SqFt: 364
Below Grade Unfinished SqFt: 1300
Building Total SqFt: 3500
Total Beds Above Grade: 6
Total Bedrooms: 6
Full Baths: 4
Half Baths: Yes
Total Baths: 5
Main Level Primary: Yes
Stories: 2
School District: Saugatuck-Douglas
Association YN: No
Waterfront: No
Body of Water: Kalamazoo Lake
Statewide Lakes & Rivers: Kalamazoo Lake
Basement: Yes

Tax Info

Tax ID #: 57-514-040-00
Taxable Value: 232734
SEV: 386200
For Tax Year: 2017
Seller's Annual Property Tax: 10560
Tax Year: 2025
Homestead %: 70
Spec Assessment & Type: na

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: 3
Upper Full Baths: Yes
Upper Level Square Feet: 1250
Total Baths Above Grade: 4

More Information

Main Rooms

Main Bedrooms: 3
Main Full Baths: 3
Main Level SQFT: 1750

Basement Rooms

Basement Half Baths: Yes
Total Basement SQFT: 1600
Basement Finished SQFT: 0

Location & Property Info

Cross Streets: Blue Star Highway and Lake St
Property Sub-Type: Single Family Residence
Municipality: Saugatuck City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 300
Ownership Type: Private Owned

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 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 Type

Lake: Yes

Water Fea. Amenities

Public Access 1 Mile or Less: Yes
View: Yes

Lot Description

Level: Yes
Sidewalk: Yes
Wooded: Yes

Other Structures

Accessory Dwelling Unit: Yes
Guest House: 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: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: 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
Shingle: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes
Window Unit(s): Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Driveway

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

Substructure

Daylight: Yes
Full: Yes

Kitchen Features

Center Island: Yes
Pantry: Yes

Fireplace

Living Room: Yes

Additional Items

Basement Finished: Yes
Basement Partially Finished: Yes
Ceiling Fan(s): Yes
Window Treatments: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Exterior Features

3 Season Room: Yes
Balcony: Yes

Patio and Porch Features

Porch(es): Yes
Deck: Yes
Enclosed: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Smoke Detector(s): Yes

Architectural Style

Bungalow: Yes
Carriage: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Property Features

Water Type: Lake Laundry Features: Gas Dryer Hookup; In Basement; Laundry Chute; Laundry Room; Sink Exterior Material: Aluminum Siding Roofing: Composition; Shingle Substructure: Daylight; Full Lot Description: Level; Sidewalk; Wooded Sewer: Public Sewer Water: Public Utilities Attached: Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer Kitchen Features: Center Island; Pantry Fireplace: Living Room Additional Items: Basement Finished; Basement Partially Finished; Ceiling Fan(s); Window Treatments Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air; Window Unit(s) Exterior Features: 3 Season Room; Balcony Flooring: Carpet; Tile; Wood Patio and Porch Features: Deck; Enclosed; Porch(es) Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Other Structures: Accessory Dwelling Unit; Guest House Architectural Style: Bungalow; Carriage Driveway: Asphalt; Gravel; Paved; Unpaved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow; Negotiable Sale Conditions: None

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.