$1,800,000
Saugatuck, MI 49453
MLS# 26010197
6 baths | 2744 sqft
1 / 61
Property Description
Waterfront investment property! This premier 7-bedroom, 6-bath waterfront home is a standout investment opportunity at $1.8 million. Newly remodeled and furnished with high end furniture included in the sale. Accommodating up to 14/16 guests, it features a charming four-season front porch, back patio for outdoor BBQ's, a private hot tub, and it's part of an 11-unit association offering a shared pool. This home comes with 2 of the associations premier end docks that only owners can enjoy with a gate to keep your boat secure. Perfectly positioned between downtown Saugatuck and Douglas, it's just a stroll away from great restaurants, shopping, bars, and parks. Ideal for large groups and unforgettable getaways! Could be converted back to a bed and breakfast again if someone wanted to make that their residence and offer rooms to rent.
Details
Maps
Location & Property Info
Unit #: 11
Cross Streets: Bridge and Bluestar
Property Sub-Type: Business Opportunity
Municipality: Saugatuck City
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 655.98
Prop Avail for Lease?: No
Current Bldg Use: Waterfront Short term rental with pool
General Property Info
New Construction: No
Lot Dimensions: 0 x 0
Road Frontage: 0
Mineral Rights: No
Waterfront: Yes
Year Remodeled: 2021
Body of Water: Kalamazoo Lake
Total # Units: 1
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 2744
Total Net SqFt: 4044
Property Use Type: Investment
Statewide Lakes & Rivers: Kalamazoo Lake
School District: Saugatuck-Douglas
High School: Saugatuck High School
Middle School: Saugatuck Middle School
Lot Measurement: Acres
Lot Acres: 0.97
Lot Square Footage: 42213
Year Built: 1920
Full Baths: 6
Total Baths: 6
Tax Info
Taxable Value: 358280
SEV: 449800
For Tax Year: 2020
Seller's Annual Property Tax: 21250
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: R-RESORTDIST C4
Tax ID #: 57-875-011-00
Remarks & Misc
Public Remarks: Waterfront investment property!
This premier 7-bedroom, 6-bath waterfront home is a standout investment opportunity at $1.8 million. Newly remodeled and furnished with high end furniture included in the sale. Accommodating up to 14/16 guests, it features a charming four-season front porch, back patio for outdoor BBQ's, a private hot tub, and it's part of an 11-unit association offering a shared pool. This home comes with 2 of the associations premier end docks that only owners can enjoy with a gate to keep your boat secure. Perfectly positioned between downtown Saugatuck and Douglas, it's just a stroll away from great restaurants, shopping, bars, and parks. Ideal for large groups and unforgettable getaways! Could be converted back to a bed and breakfast again if someone wanted to make that their residence and offer rooms to rent.
Legal: UNIT 11 OF SHADY SHORES CONDOMINIUMS TOGETHER WITH BOAT SLIP ''G'' AS A LIMITED COMMON ELEMENT ALSO INCL. BOAT SLIPS F &
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 175
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Assoc Access: 1
Dock: 1
Shared Frontage: 1
View: 1
Additional Details
Total Parking Spaces: 6
Income and Expenses
Annual Maint ($): 3500
Annual Mgt Fees ($): 20
Gross Op Income ($): 150000
Total Actual Rent: 110000
Street Type
Paved: 1
Public: 1
SqFt Information
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Property Use
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Heat Type
Baseboard: 1
Forced Air: 1
Hot Water: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
Docs at List Office
Aerial Photo: 1
Business Includes
Furniture: 1
Inventory: 1
Licenses: 1
Real Estate: 1
Foundation
Block: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Storm Sewer: 1
Tenant Pays All
Building Insurance: 1
Electric: 1
Gas: 1
Prop Taxes/Assess: 1
Sewer: 1
Water: 1
Driveway
Shared Paved: 1
Docs Req Conf Agrmnt
Financials: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Allegan
Street #: 787
Street Name: Lake
Suffix: Street
State: MI
Zip Code: 49453
Zip (4): 9434
OfficeContract Info
Status: Active
Current Price: $1,800,000
List Price: $1,800,000
Listing Date: 2026-03-16
Remarks Misc
Directions: Bluestar to lake to address on the left.
Property Features
Property Use: Investment
SqFt Information: Carbon Monoxide Detector(s); Smoke Detector(s)
Water Type: Lake
Uses: Other
Ownership: LLC
Business Includes: Furniture; Inventory; Licenses; Real Estate
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Composition
Foundation: Block
Below Grade: Basement
Tenant Pays All: Building Insurance; Electric; Gas; Prop Taxes/Assess; Sewer; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Baseboard; Forced Air; Hot Water
Air Conditioning: Central Air; Window Unit(s)
Driveway: Shared Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Docs Req Conf Agrmnt: Financials
Sale Conditions: None
Possession: Close Of Escrow
Supplements
Owner is licensed agent in the State of Michigan
Listing Office: BHG Connections
Listing Agent: Tammy L Kerr
Last Updated: March - 18 - 2026
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