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$1,285,000
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Property Description
Exceptional Multi-Family Investment in Downtown Saugatuck. Incredible opportunity to own a premier multi-family property in the heart of Saugatuck with harbor views and an unbeatable location. Offering 3,434 sq. ft. across three distinct units, this property is ideal for an investor seeking income potential or for an owner-occupant looking to offset expenses with rental income. The main level features 2 bedrooms, 2 full baths, a spacious kitchen, dining room, living room, breakfast nook, wet bar, and covered porch. The front upper unit offers 2 bedrooms, 1 bath, full kitchen, living room, and porch with water views. The rear upper unit includes 1 bedroom, 1 bath, kitchen, living area, and private porch overlooking the pool and backyard. The lower level currently serves as storage and a laundry facility for the property. Beautifully landscaped grounds include two koi ponds, fire pit, patio, and a newer in-ground pool with fenced enclosure. Parking is generous with 7 spaces plus a 2-stall garageeasily converted into an amazing game or recreation room to enhance rental appeal. Just steps from 2 amazing communities, this location offers the best of both worlds: stroll into downtown Saugatuck to enjoy restaurants, shops, galleries, and the waterfront boardwalk, or cross into Douglas for a quieter small-town experience. Currently operated as a residence with two short-term rental units, this property comes with a transferable STR certificate, making it a rare and flexible investment opportunity.
Full Property Details
Full Property Details for 790 Lake St
General
- Price: $1,285,000
- Taxes: $12,877
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25042452
- Updated: 10/11/2025
- Added to Site: 149 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, In Basement, Washer Hookup
Parking
- Total Spaces: 7
- Parking Features: Paved
Location
- Area: Holland/Saugatuck - H
- County: Allegan
- Cross Streets: State & Allegan
- Driving Directions: Blue Star south entrance to address.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.64
- Lot Size (Sq. Ft.): 27,748
- Lot Dimensions: 74 x 81 x 231 x 66 x 232
- Frontage: Paved
- Lot Features: Level, Recreational, Sidewalk
- Zoning: Res 1
Water Features
- Water Front Desc.: River, Other
Financial Considerations
- Tax Amount: $12,877.07
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Electricity, Water, Sewer, Gas
- Tenant Pays: None
Disclosures and Reports
- Legal Description: LOT 4 ALSO LOT 3 BLK 4 EX COM AT SW COR LOT 2 TH N 17 DEG 37' W 74.22 FT TH S 71 DEG 14' W 51.29 FT TH S 43 DEG 44' W 47.45 FT TH S 15 DEG 45' W 43.81 FT TH S 17 DEG 37' E 13.81 FT TH N 72 DEG 23' E 117 FT TO BEG ALSO EX COM AT NE COR OF LOT 4 TH S 32 DEG 10'06'' W 115.37' TO NE COR LOT 3 TH S 18 DEG 30'03'' E 19.50' TH N 67 DEG 11'20'' W 85.69' TH N 34 DEG 03' 15'' E 132' TH S 67 DEG 11'20'' E 66
- Property ID: 35751403500
Listed by Mill Pond Realty, Laura J Durham
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Schools
Schools serving 790 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 790 Lake St
Date
Details
Price
Change
Source
8/20/2025
Listed
$1,285,000
—
MLS
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 790 Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,877
100%
$708,200
10%
2023
100%
$643,200
34%
2022
-100%
$481,300
10%
2020
$9,555
—
$435,800
89%
2020
$9,555
100%
$230,200
-3%
2019
100%
$236,200
3%
2019
100%
$230,200
—
2016
100%
$230,300
23%
2016
—
$187,200
—
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 790 Lake St
790 Lake Street, Saugatuck, MI 49453 (MLS# 25042452) is a Single Family property with 0 bedrooms and 0 full bathrooms. 790 Lake Street is currently listed for $1,285,000 and was received on August 21, 2025. Want to learn more about 790 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.

