Waterfront - Primary on Main
Address
701 W Loomis Street, Ludington, MI
Price
$ 1,600,000
Property Attributes
  • MLS#26032981
  • TypeSingle Family
  • Listing Status Active
  • CountyMASON
  • CityLudington
  • AreaLudington
  • NeighborhoodLudington
  • Zip49431
  • StyleRanch
  • Year Built1960
  • Taxes$ 56542
  • Price$ 1,600,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage768
  • Lot Size0.17 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
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.

Price History
6/30/2026 Listed $1,600,000

General Features

Sewer Public
Heating Forced Air
Cooling Central Air
Utilities Phone Available,Electricity Available,Cable Available,Cable Connected,High-Speed Internet
Roof Asphalt,Shingle
Appliances Dishwasher,Disposal,Dryer,Freezer,Microwave,Range,Refrigerator,Washer
Garage Spaces 2.0
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Stone,Vinyl Siding
Year Built 1960
Stories Count 1
Township Ludington
Property Subtype Single Family Residence
Tax Year 3144
Waterfront Features Lake
County Mason
New Construction No
Property Type Residential
Attached Garage Yes
Garage Y/N Yes
Other Structures Second Garage
Total Rooms 3
Full Baths 1
Status Active
Directions W on W Luddington Ave S on S Ferry St W on Lot Dimen: 186x119x185x119 Lumis
City Ludington
High School District Ludington
Lot Size Units Acres
Lot Size Square Feet 7405.0
Carport Y/N No
Listing Terms Cash,FHA,VA Loan,Conventional
Land Lease Y/N No
Tax Annual Amount 56542.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 58068
MobileHomeRemainsYN No
Legal Description ASSESSOR'S PLAT OF TENTH ADDITION,LOTS 1,2,& 3
Senior Community None

Interior Features

Interior Amenities Broadband
Basement Crawl Space
Flooring Wood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Laundry Room
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1

Exterior Features

Parking Features Garage Faces Front,Detached,Attached
Lot Features Corner Lot,Level
Water Source Public
Lot Size Area 0.17
Spa No
Building Area Total 768.0
Lot Dimensions 186x119x185x119
Lot Size Acres 0.17
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
View True

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49431

Price
AVG $470K
$1.6M
Taxes
AVG $5,278
$56,542
Year Built
AVG 1950
1960
Visits
AVG 86
108
Data Provided by Inside Real Estate®

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