$1,600,000
Ludington, MI 49431
MLS# 26032981
2 beds | 1 baths | 768 sqft
1 / 45
Property Description
Exceptional waterfront redevelopment opportunity in the heart of Ludington! Located directly across from the Ludington Municipal Marina, this rare offering includes an updated ranch home plus four residential lots (one improved), creating endless possibilities for future development. Potential uses include luxury homes, custom residences, townhomes, or low-rise condominiums (subject to approvals). Occupying nearly three-quarters of a city block, the property offers marina views, excellent frontage, and is just minutes from downtown, parks, beaches, restaurants, and shopping. The existing 2-bedroom, 1-bath home was completely renovated in 2018, including the interior, exterior, and a detached 2-car garage. Both bedrooms offer water views, and public utilities are available. The seller has already consulted with the City and a surveyor regarding future parcel configurations, making this an outstanding opportunity for builders, developers, and investors.
Details
Documents
Location & Property Info
Cross Streets: Luddington Ave and S Ferry St
Property Sub-Type: Single Family Residence
Municipality: Ludington
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 2083.33
General Property Info
New Construction: No
Lot Dimensions: 186x119x185x119
Road Frontage: 186
Garage Y/N: Yes
Garage Spaces: 2
Waterfront: Yes
Body of Water: Hamlin Lake
Income Property: Yes
Basement: No
Total Rooms AG: 3
Total Fin SqFt All Levels: 768
SqFt Above Grade: 768
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 768
Total Beds Above Grade: 2
Statewide Lakes & Rivers: Hamlin Lake
Main Level Primary: Yes
Stories: 1
School District: Ludington
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7405
Year Built: 1960
Total Bedrooms: 2
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 58068
SEV: 204700
For Tax Year: 3144
Seller's Annual Property Tax: 56542
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: 0
Tax ID #: 051-125-001-00
Remarks & Misc
Public Remarks: Exceptional waterfront redevelopment opportunity in the heart of Ludington! Located directly across from the Ludington Municipal Marina, this rare offering includes an updated ranch home plus four residential lots (one improved), creating endless possibilities for future development. Potential uses include luxury homes, custom residences, townhomes, or low-rise condominiums (subject to approvals). Occupying nearly three-quarters of a city block, the property offers marina views, excellent frontage, and is just minutes from downtown, parks, beaches, restaurants, and shopping. The existing 2-bedroom, 1-bath home was completely renovated in 2018, including the interior, exterior, and a detached 2-car garage. Both bedrooms offer water views, and public utilities are available. The seller has already consulted with the City and a surveyor regarding future parcel configurations, making this an outstanding opportunity for builders, developers, and investors.
Legal: ASSESSOR'S PLAT OF TENTH ADDITION, LOTS 1, 2, & 3
Waterfront Options
Water Frontage: 0
Water Type
Lake: 1
Water Fea. Amenities
View: 1
Lot Description
Corner Lot: 1
Level: 1
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Phone Available: 1
Utilities Attached
Cable Connected: 1
High Speed Internet: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Laundry Features
Laundry Room: 1
Exterior Material
Vinyl Siding: 1
Roofing
Asphalt: 1
Parking Features
Garage Faces Front: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Total Baths Above Grade: 1
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 768
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Driveway
Paved: 1
Substructure
Crawl Space: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater
Electric: 1
Architectural Style
Ranch: 1
Location Property Info
County: Mason
Street #: 701
Street Direction: W
Street Name: Loomis
Suffix: Street
State: MI
Zip Code: 49431
Zip (4): 2017
OfficeContract Info
Status: Active
List Price: $1,600,000
Current Price: $1,600,000
Listing Date: 2026-06-30
Remarks Misc
Directions: W on W Luddington Ave S on S Ferry St W on
Lot Dimen: 186x119x185x119 Lumis
Property Features
Water Type: Lake
Laundry Features: Laundry Room
Exterior Material: Vinyl Siding
Roofing: Asphalt
Substructure: Crawl Space
Lot Description: Corner Lot; Level
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; High Speed Internet
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Phone Available
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Refrigerator; Washer
Heat Source: Electric
Heat Type: Forced Air
Air Conditioning: Central Air
Water Heater: Electric
Parking Features: Garage Faces Front
Architectural Style: Ranch
Driveway: Paved
Street Type: Paved
Terms Available: Cash; Conventional; FHA; VA Loan
Sale Conditions: None
Seller's Disclosure 
Listing Office: eXp Realty, LLC
Listing Agent: Rudy Acuna
Last Updated: June - 30 - 2026
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