$499,500
Ludington, MI 49431
MLS# 26026211
1 / 33
Property Description
Exclusive Waterfront Development Opportunity on Buttersville Peninsula! Discover the potential of this remarkable .68-acre lot on Ludington's sought-after Buttersville Peninsula. This prime parcel includes over 160 feet of valuable protected marine seawall with a private boat launch, offering direct access to both Pere Marquette Lake and Lake Michigan. A significant storage building with existing living space and bathrooms adds immediate utility. Formerly the prized North side of a 40-boat marina undergoing residential redevelopment, this property represents a unique chance to create a bespoke waterfront estate.
Details
Location & Property Info
Unit #: North Lot
Cross Streets: Butterville Beach Park
Municipality: Pere Marquette Twp
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/Acre: 734558.82
Listing Agreement: Exclusive Right To Sell
General Property Info
Property Sub-Type: Lot
Lot Dimensions: 100 x 300 m/l
Road Frontage: 100
Waterfront: Yes
Body of Water: Pere Marquette Lake
Statewide Lakes & Rivers: Pere Marquette Lake
School District: Ludington
Elementary School: Ludington Elementary School
High School: Ludington High School
Middle School: Oj Dejonge Middle School
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 29621
Lot Acres: 0.68
Tax Info
Taxable Value: 233830
SEV: 342000
For Tax Year: 2025
Seller's Annual Property Tax: 5500
Tax Year: 2026
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: R-2
Tax ID #: 010-720-000-002-00
Remarks & Misc
Public Remarks: Exclusive Waterfront Development Opportunity on Buttersville Peninsula! Discover the potential of this remarkable .68-acre lot on Ludington's sought-after Buttersville Peninsula. This prime parcel includes over 160 feet of valuable protected marine seawall with a private boat launch, offering direct access to both Pere Marquette Lake and Lake Michigan. A significant storage building with existing living space and bathrooms adds immediate utility. Formerly the prized North side of a 40-boat marina undergoing residential redevelopment, this property represents a unique chance to create a bespoke waterfront estate.
Legal: Parts of lots 2 and 3 Strand Subdivision. Pere Marquette Township, Mason County.
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 100
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Deeded Access: 1
Dock: 1
Private Frontage: 1
Public Access 1 Mile or Less: 1
Current Use
Commercial: 1
Residential: 1
Lot Description
Buildable: 1
Cleared: 1
Level: 1
Low Bank: 1
Recreational: 1
Other Structures
Accessor Dwelling Unit: 1
Barn: 1
Storage Shed: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Utilities Attached
None: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
No: 1
Sale Conditions
None: 1
Docs at List Office
Aerial Photo: 1
Survey: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Mason
Street #: 846
Street Direction: S
Street Name: Lakeshore
Suffix: Drive
State: MI
Zip Code: 49431
Zip (4): 8775
OfficeContract Info
Status: Active
Current Price: $499,500
List Price: $499,500
Listing Date: 2026-04-10
Remarks Misc
Directions: From Pere Marquette Highway, go west on Iris Rd to end. Take S. Lakeshore Dr to the right (north) all the way to property. Property is on east side on Butterville Peninsula on Pere Marquette Lake.
Property Features
Water Type: Lake
Current Use: Commercial; Residential
Lot Description: Buildable; Cleared; Level; Low Bank; Recreational
Other Structures: Accessor Dwelling Unit; Barn; Storage Shed
Street Type: Paved; Public
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Utilities Attached: None
Sewer: Septic Tank
Water: Well
Terms Available: Cash; Conventional
Mineral Rights: No
Sale Conditions: None
Docs at List Office: Aerial Photo; Survey
Possession: Close Of Escrow
Listing Office: GREENRIDGE Realty Ludington
Listing Agent: Bob Budreau
Last Updated: June - 01 - 2026
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