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$1,800,000 Just Listed
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Property Description
Waterfront investment property! This premier 7-bedroom, 6-bath waterfront home is a standout investment opportunity at $1.8 million. Newly remodeled and furnished with high end furniture included in the sale. Accommodating up to 14/16 guests, it features a charming four-season front porch, back patio for outdoor BBQ's, a private hot tub, and it's part of an 11-unit association offering a shared pool. This home comes with 2 of the associations premier end docks that only owners can enjoy with a gate to keep your boat secure. Perfectly positioned between downtown Saugatuck and Douglas, it's just a stroll away from great restaurants, shopping, bars, and parks. Ideal for large groups and unforgettable getaways! Could be converted back to a bed and breakfast again if someone wanted to make that their residence and offer rooms to rent. Owner is licensed agent in the State of Michigan
Full Property Details
Full Property Details for 787 Lake St #11
General
- Price: $1,800,000
- Taxes: $21,250
- Status: Active
- Type: Business
- Source: SWMRIC_MLS
- MLS ID: 26010197
- Updated: 3/17/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other
Interior
- Interior Features: Broadband
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Parking
- Total Spaces: 6
Location
- County: Allegan
- Cross Streets: Bridge and Bluestar
- Driving Directions: Bluestar to lake to address on the left.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Baseboard, Forced Air, Hot Water
Utilities
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Foundation: Block
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,744
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.97
- Lot Size (Sq. Ft.): 42,213
- Lot Dimensions: 0 x 0
- Frontage: Paved
- Zoning: R-RESORTDIST C4
Water Features
- Water Front: Yes
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Tax Amount: $21,250
- Terms: Conventional, Cash
- Tenant Pays: Property Taxes/Assessments, Building Insurance, Electricity, Gas, Sewer, Water
Disclosures and Reports
- Ownership: LLC
- Legal Description: UNIT 11 OF SHADY SHORES CONDOMINIUMS TOGETHER WITH BOAT SLIP ''G'' AS A LIMITED COMMON ELEMENT ALSO INCL. BOAT SLIPS F &
- Property ID: 57-875-011-00
Listed by BHG Connections, Tammy L Kerr
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Schools
Schools serving 787 Lake St #11
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 | 0.5 mi |
Saugatuck High School 401 Elizabeth Street, Saugatuck, MI 49453 | 9-12 | 0.5 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 787 Lake St #11
Date
Details
Price
Change
Source
3/17/2026
Listed
$1,800,000
188%
MLS
3/26/2021
Sold
$625,000
—
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 787 Lake St #11
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,596
100%
$449,800
24%
2023
100%
$363,400
9%
2022
-100%
$332,000
5%
2020
$10,767
—
$315,200
5%
2020
$10,767
100%
$299,900
40%
2019
100%
$214,800
1%
2019
100%
$212,600
9%
2016
100%
$194,700
3%
2016
—
$188,200
—
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 787 Lake St #11
787 Lake Street #11, Saugatuck, MI 49453 (MLS# 26010197) is a Business property. 787 Lake Street #11 is currently listed for $1,800,000 and was received on March 17, 2026. Want to learn more about 787 Lake Street #11? Do you have questions about finding other Business real estate for sale in Saugatuck? You can browse all Saugatuck real estate or contact a Coldwell Banker agent to request more information.

