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$1,050,000
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Property Description
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 Blue Star 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.
Full Property Details
Full Property Details for 722 Lake St
General
- Price: $1,050,000
- Taxes: $10,560
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26024016
- Updated: 9/14/2026
- Added to Site: 142 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, In Basement, Laundry Chute, Laundry Room, Sink
Parking
- Total Spaces: 6
- Parking Features: Asphalt, Driveway, Gravel, Paved, Unpaved
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: Level, 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
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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
8/31/2026
Price Reduced
$1,050,000
-2.33%
MLS
7/08/2026
Price Reduced
$1,075,000
-2.27%
MLS
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
2025
$10,561
3%
$386,200
-1%
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 $1,050,000 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.

