An exceptional opportunity in the heart of Saugatuck, this meticulously maintained three-unit property blends historic charm, thoughtful updates, and outstanding short-term rental potential. Just two blocks from downtown with convenient highway access, it offers projected annual rental income well into six figures. The 2,200-square-foot main home features original hardwood floors, a high-end kitchen, flexible sleeping spaces, multiple living areas, and a private rooftop deck. Two renovated carriage-house units provide additional guest accommodations, including a studio and an upper apartment with a full kitchen. Turnkey and versatile, it is ideal as an investment, personal retreat, or income-producing compound.
Active
Price cut: $55K (10/15)
$995,000
722 Lake St, Saugatuck, MI 49453
6beds
1,994sqft
Single Family Residence
Built in 1935
0.25 Acres Lot
$964,600 Zestimate®
$499/sqft
$-- HOA
What's special
Historic charmFlexible sleeping spacesThoughtful updatesPrivate rooftop deckRenovated carriage-house unitsHigh-end kitchenOriginal hardwood floors
- 44 days
- 889
- 43
Zillow last checked:
Listing updated:
Listed by:
Marie Wiedenhoeft 616-273-1519,
HomeRealty, LLC 616-935-9000
Source: MichRIC,MLS#: 26047331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Gas Dryer Hookup, In Basement, Laundry Chute, Laundry Room, Sink
Features
- Ceiling Fan(s), Center Island, Pantry
- Flooring: Carpet, Tile, Wood
- Windows: Window Treatments
- Basement: Daylight,Full
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 3,500
- Total interior livable area: 1,994 sqft
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Stories: 2
- Exterior features: Balcony
- Waterfront features: Lake
- Body of water: Kalamazoo Lake
Lot
- Size: 0.25 Acres
- Dimensions: 53 x 205
- Features: Level, Sidewalk, Wooded
Details
- Additional structures: Guest House
- Parcel number: 5751404000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Carriage
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Public
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Saugatuck
Financial & listing details
- Price per square foot: $499/sqft
- Tax assessed value: $232,734
- Annual tax amount: $10,560
- Date on market: 9/5/2026
- Listing terms: Cash,FHA,VA Loan,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$964,600
$916,000 - $1.01M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Price change | $995,000-5.2%$499/sqft |
Source:  MichRIC #26047331 Report a problem | ||
| 8/31/2026 | Price change | $1,050,000-2.3%$527/sqft |
Source: MichRIC #26024016 Report a problem | ||
| 7/8/2026 | Price change | $1,075,000-2.3%$539/sqft |
Source: MichRIC #26024016 Report a problem | ||
| 5/21/2026 | Listed for sale | $1,100,000+193.7%$552/sqft |
Source: MichRIC #26024016 Report a problem | ||
| 8/31/2018 | Sold | $374,500-11.9%$188/sqft |
Source: MichRIC #18015929 Report a problem | ||
| 7/27/2018 | Pending sale | $425,000$213/sqft |
Source: Coldwell Banker Woodland-Schmidt #18015929 Report a problem | ||
| 7/5/2018 | Price change | $425,000-2.3%$213/sqft |
Source: Coldwell Banker Woodland-Schmidt #18015929 Report a problem | ||
| 4/20/2018 | Listed for sale | $435,000$218/sqft |
Source: Coldwell Banker Woodland Schmidt Saugatuck #18015929 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,230 +5.2% | $391,100 +35.6% |
| 2024 | $9,720 | $288,500 +26.6% |
| 2023 | -- | $227,900 +2.3% |
| 2022 | -- | $222,800 +15.4% |
| 2021 | -- | $193,000 +14.6% |
| 2020 | -- | $168,400 +3.1% |
| 2019 | -- | $163,400 +17.6% |
| 2018 | -- | $138,900 -4.4% |
| 2017 | -- | $145,300 -2.4% |
| 2016 | -- | $148,800 |
| 2015 | -- | $148,800 +10.8% |
| 2014 | -- | $134,300 +14.9% |
| 2013 | -- | $116,900 -5% |
| 2012 | -- | $123,000 -11.6% |
| 2011 | -- | $139,100 -3.3% |
| 2010 | -- | $143,800 +34.5% |
| 2009 | -- | $106,900 +3.2% |
| 2008 | -- | $103,600 +3% |
| 2007 | -- | $100,600 |
| 2006 | -- | $100,600 +9.1% |
| 2005 | -- | $92,200 |
| 2004 | -- | $92,200 +35% |
| 2003 | -- | $68,300 +19.2% |
| 2002 | -- | $57,300 +3.9% |
| 2001 | -- | $55,175 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49453
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