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$1,549,800

Beds
5
Baths
4.5
sq ft
3,315

702 Lake St, Saugatuck, MI 49453

702 Lake St

Saugatuck, MI 49453

  • 106 days on market
    • Price drop $100↓
This gorgeous home, built in 2018, has everything you need for both comfort and convenience. Located right on the edge of downtown, this 5-bedroom, 4.5-bath property isn't just a lovely place to live--it's also a very successful short-term rental. A key highlight is the private guest suite above the garage, offering guests their own sanctuary with a luxurious en-suite bathroom. Plus, with parking for 6 cars, there's plenty of space for everyone. You can't beat the location--just a short walk to shopping, dining, and entertainment, so you get all the perks of city living while still having your own peaceful spot to unwind. Inside, the home is bright and open, perfect for hosting family and friends after a day on the water and taking in all Saugatuck has to offer.The gourmet kitchen, featuring premium appliances, quartz countertops, and custom cabinetry, is a chef's delight. Adjacent to the kitchen, the living room, complete with a cozy fireplace, provides a perfect space for relaxation. Expansive windows throughout the home fill the interior with natural light and offer glimpses of serene water views, enhancing the overall sense of calm. The first floor features a well-appointed bedroom with an ensuite bathroom, while the second floor includes another ensuite bedroom and two additional bedrooms sharing a bath. Plentiful, luxurious open air spaces provide options for outdoor dining on the patio, or spend a little time in the covered breezeway which is an ideal spot for taking in a game on the outdoor TV and lounge area. Whether you're in search of a primary residence, a vacation home, or a lucrative rental property, this exceptional home meets every need.

Details

Property type

Single Family Residence

Est. home value

$1,650,463

Lot size

0.30 acres

Price per sq ft

$468

Year built

2018

Annual property taxes

$30,404.08

Price History

10/22/2024
Realcomp

Realcomp #71024041144

Price change
$1,549,800
-0.01%
08/08/2024
Realcomp

Realcomp #71024041144

Listed
$1,549,900
+1039.63%
02/17/2017
Realcomp

Realcomp #71017004295

Sold
$136,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Saugatuck

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Honor Cu

Loan start date

October 2021

Original loan amount

$545,371

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Future Advance Clause / Open End Mortgage

Seller

M&M Investments Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 9:00 PM

Listing updated: 11/10/2024 at 1:50 PM

Listed by: Kersh Ruhl, Coldwell Banker Woodland Schmidt Phone #: (616) 393-9000

MLS: Realcomp #71024041144

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