This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/76
$1,100,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/76
Property Description
An exceptional opportunity in the heart of Saugatuck, this meticulously maintained property offers the rare combination of charm, updates, and short-term rental potential. Situated just two blocks from downtown Saugatuck and conveniently located near Blue Star Highway for easy access without downtown traffic, this three-unit property is a highly desirable STR setup with projected annual rental income models estimating well into six figures. The main home features over 2,200 square feet of character-filled living space, blending craftsmanship with thoughtful updates throughout. The main floor offers a beautifully finished front sun porch, original hardwood floors, a high-end kitchen, two stunning full bathrooms, spacious primary bedroom with direct porch access, and an additional family room with attached full bath that could easily function as a luxurious primary suite. Upstairs, original flooring continues throughout two generous bedrooms An exceptional opportunity in the heart of Saugatuck, this meticulously maintained property offers the rare combination of historic charm, modern updates, and extraordinary short-term rental potential. Situated just two blocks from downtown Saugatuck and conveniently located near Blue Star Highway for easy access without downtown traffic, this three-unit property is a proven and highly desirable STR setup with projected annual rental income models estimating well into six figures. The main home features over 2,200 square feet of character-filled living space, blending timeless craftsmanship with thoughtful updates throughout. The main floor offers a beautifully finished front sun porch, original hardwood floors, a high-end kitchen, stunning full bathroom, spacious primary bedroom with direct porch access, and an additional family room with attached full bath that could easily function as a luxurious primary suite. Upstairs, original flooring continues throughout two generous bedrooms and a large loft area currently utilized as additional sleeping space. A sliding door opens to a private rooftop deck overlooking the rear of the property - the perfect retreat after a day in town or at the lake. The lower level includes an additional family room, laundry area with shower, and two oversized storage rooms, providing ample space for owners and guests alike. The renovated carriage house has been thoughtfully transformed into two separate rental units. The lower-level studio apartment features a bed, futon, refrigerator, microwave, and a beautifully finished full bathroom. The upper-level unit offers a private entrance, full kitchen, full bathroom, and sleeping accommodations for multiple guests, making it ideal for extended stays or premium STR income. Outside, a fully equipped storage shed is stocked with amenities and essentials for guests, further enhancing the property's turnkey appeal. Whether you're seeking a high-performing investment property, a personal getaway with income potential, or a one-of-a-kind Saugatuck compound, this property delivers unmatched versatility, location, and earning potential.
Full Property Details
Full Property Details for 722 Lake St
General
- Price: $1,100,000
- Taxes: $10,560
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26024016
- Updated: 5/22/2026
- Added to Site: 1 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, In Basement, Laundry Chute, Sink
Parking
- Total Spaces: 6
- Parking Features: Asphalt, Driveway
Location
- County: Allegan
- Cross Streets: Blue Star Highway and Lake St
- Driving Directions: Blue Star Hwy to Lake St. to home
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air
Utilities
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Storm Sewer
Structural Information
- # Buildings: 2
- Construction: Aluminum Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: 53 x 205
- Frontage: Paved
- Lot Features: Sidewalk, Wooded
Financial Considerations
- Tax Amount: $10,560
- Terms: VA Loan, Cash, Conventional
- Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
- Tenant Pays: None
Disclosures and Reports
- Legal Description: THAT PART LOT 7 BLK 4 COM ON LINE BETWEEN LOTS 6 & 7 BLK 4 AT PT 100 FT FROM SLY SIDE OF PLEASANT AVE. WLY PPL WITH PLEASANT AVE 40 FT SWLY TO LAKE ST TO A PT 60 FT FROM SE COR LOT 7 TH SELY ALG LK ST. 60 FT TO SE COR LOT 7 TH NELY ALONG ELY SIDE LOT 7 TO BEG BLOCK 4 MORRISON & DENSMORE'S ADDITION.
- Property ID: 57-514-040-00
Listed by HomeRealty, LLC, Marie Wiedenhoeft
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 722 Lake St
School District:Saugatuck Public Schools
| Name | Grades | Distance |
|---|---|---|
Douglas Elementary School, Douglas, MI 261 West Randolph Street, Douglas, MI 49406 | PK-5 | 0.9 mi |
Saugatuck Middle School 401 Elizabeth Street, Saugatuck, MI 49453 | 6-8 | 0.4 mi |
Saugatuck High School 401 Elizabeth Street, Saugatuck, MI 49453 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 722 Lake St
Date
Details
Price
Change
Source
5/21/2026
Listed
$1,100,000
193.72%
MLS
8/13/2018
Sold
$374,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 722 Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,230
100%
$391,100
36%
2023
100%
$288,500
27%
2022
-100%
$227,900
2%
2020
$9,622
—
$222,800
15%
2020
$9,622
100%
$193,000
15%
2019
100%
$168,400
3%
2019
100%
$163,400
12%
2016
100%
$145,300
-2%
2016
—
$148,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 722 Lake St
722 Lake Street, Saugatuck, MI 49453 (MLS# 26024016) is a Single Family property with 0 bedrooms and 0 full bathrooms. 722 Lake Street is currently listed for $1,100,000 and was received on May 21, 2026. Want to learn more about 722 Lake Street? Do you have questions about finding other Single Family real estate for sale in Saugatuck? You can browse all Saugatuck real estate or contact a Coldwell Banker agent to request more information.

