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722 Lake Street

Saugatuck, Michigan 49453

$1,100,000 $4,637/Mo

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Overview

Bed

Bath

0.25

Acre(Lot)

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 bedroomsAn 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 three-unit property is a proven and 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 timeless craftsmanship with thoughtful updates throughout. The main floor offers a beautifully finished front sun porch, original hardwood floors, a high-end kitchen, stunning full bathroom, 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 and a large loft area currently utilized as additional sleeping space. A sliding door opens to a

Property Details

Property Type : Multifamily

Price : $1,100,000

AD Id : 79021731

MLS Id : 71026024016

Beds : 6

Lot Size : 0.25 Acre

Year Built : 1935

County : Allegan

Map

What's Nearby

Nearby Areas

Features

Interior Features

Laundry Facility Roof: Composition
Heating & Cooling

Cooling: Central Air,Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1935 Total Units: 3 Roof: Composition
Utility Features

Sewer: Sewer (Sewer-Sanitary),Storm Drain
Water

Public (Municipal)

Lot Information

Lot Size: 0.25 Lot Dimensions: 53x205 Frontage Feet: 53
Property Information

Financing: Cash,Conventional,VA

Listing Price Information

Original List Price: $1,100,000
Listing Information

Possession: At Close Legal Description: 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.

Tax Information

Annual Tax: $10,560 Parcel Number: 5751404000
Possession

At Close
Legal Information

Legal Description: Section: 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.

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking: 6
Multi-Unit Information

Road Frontage: Paved,Pub. Sidewalk
Unit 1 Information

# of Bedrooms: 2

School Information

School District: Saugatuck
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Storm Drain

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6445 Old Allegan Road , Saugatuck, MI, 49453	$549,000	4	--	--
707 N Maple Street , Saugatuck, MI, 49453	$645,000	3	--	--

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707 N Maple Street ,
Saugatuck, MI, 49453

Bed

Acre(Lot)

6445 Old Allegan Road ,
Saugatuck, MI, 49453

Bed

Acres(Lot)

722 Lake Street ,
Saugatuck, MI, 49453

Bed

0.25

Acre(Lot)

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/18/2026 @ 19:59

MLS: 71026024016 LISTED BY: Marie Wiedenhoeft , HomeRealty, LLC 616-935-9000 SOURCE: Realcomp II Ltd