Active

$425,000

427 S Mayhew St, New Buffalo, MI 49117

3beds

978sqft

$2,787/mo

Get pre-qualified

Single Family Residence

Built in 1940

0.4 Acres Lot

$398,000 Zestimate^®

$435/sqft

$-- HOA

What's special

Secluded picturesque groundsPrivate sanctuaryWarm and creative ambianceHuge double corner lotOversized two-story garage

ARTFULLY ENCHANTING COTTAGE on a huge Double Corner Lot! This private sanctuary blends rich character and nostalgic appeal on secluded, picturesque grounds within the City limits. Located just moments from Lake Michigan's beaches, downtown shops, restaurants, and the Amtrak station, you'll have the sought-after walkable lifestyle in one of Southwest Michigan's premier lakefront communities. This authentic 1930/40s cottage is filled with music, books, and charm, creating a warm and creative ambiance. The residence is offered as-is, and is ready for thoughtful restoration, renovation, or reimagination. Opportunities of this size and location are increasingly difficult to find. The double-lot configuration offers an opportunity to create a separate, buildable homesite. Additionally, the oversized two-story garage has the potential to be converted into a guest house. A rare opportunity to reimagine, restore, or create something truly extraordinary in the heart of New Buffalo.

15 hours
184
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: Laundry Room

Features

Eat-in Kitchen
Flooring: Wood
Basement: Crawl Space,Michigan Basement,Partial
Has fireplace: No

Interior area

Total structure area: 978
Total interior livable area: 978 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Garage Faces Front, Detached
Garage spaces: 1

Features

Stories: 1
Waterfront features: Lake
Body of water: Lake Michigan

Lot

Size: 0.4 Acres
Dimensions: 132 x 132
Features: Corner Lot, Level, Wooded, Ground Cover, Shrubs/Hedges

Details

Additional structures: Shed(s)
Parcel number: 116282000220062
Zoning description: R-1 Single Fam.

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Composition,Shingle

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Virginia Addition

Location

Region: New Buffalo

Financial & listing details

Price per square foot: $435/sqft
Tax assessed value: $61,678
Annual tax amount: $2,870
Date on market: 9/2/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$398,000

$378,000 - $418,000

$2,880/mo

Price history

Date	Event	Price
9/2/2026	Listed for sale	$425,000+482.2%$435/sqft
Source: MichRIC #26046543 Report a problem
1/2/1999	Sold	$73,000$75/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,670 +4.3%	$146,500 -15.9%
2024	$2,559	$174,200 +43.1%
2023	--	$121,700 +10.7%
2022	$2,371	$109,900 -0.9%
2021	--	$110,900 +11.5%
2020	$2,314 +2.4%	$99,500 +9.1%
2019	$2,260 -1.1%	$91,200 +10.3%
2018	$2,284 +1.9%	$82,700 -1.9%
2017	$2,241 +0.3%	$84,300 +1%
2016	$2,235 +51.7%	$83,500 +26.1%
2015	$1,474	$66,200 -1.2%
2014	--	$67,000 -0.4%
2013	--	$67,300 -2.5%
2012	--	$69,000 -1.4%
2011	--	$70,000 -0.7%
2010	--	$70,500 -25.4%
2009	--	$94,500 +11.8%
2008	--	$84,500 -0.5%
2007	--	$84,900 -1.3%
2006	--	$86,000 +77%
2005	--	$48,600 +11%
2004	--	$43,800 +1.6%
2003	--	$43,100 +15.5%
2002	--	$37,300 +10%
2001	--	$33,900