Seller's Agent in 2024
Kersh Ruhl
Coldwell Banker Woodland Schmidt
(616) 212-8418
345 Total Sales
116 Riverside Dr Saugatuck, MI 49453
Estimated Value: $1,472,000 - $5,548,000
4
Beds
4.5
Baths
5,006
Sq Ft
$823/Sq Ft
Est. Value
Highlights
- Boathouse
- Private Waterfront
- Barn
- Douglas Elementary School Rated A
- Docks
- Deck
About This Home
As of January 2024Nearly 400 feet of prime water frontage, and 2.7 acres of highly sought after Saugatuck land, this is truly the finest and most iconic remaining property on the water. 180-degree views both up and down river, as well as the beauty of your protected view across river of the Oxbow property, the location is ideal and just a short distance to downtown Saugatuck where you'll enjoy shops, restaurants, and entertainment that has drawn visitors to the area for decades. Upon pulling up to the estate on your circle driveway, you'll find the main home, a detached garage and separate carriage house. Entering this historic home, you will immediately be taken back to the rich history of the property, once a vibrant artist retreat, and was a major influence in Saugatuck becoming what is now known as the "Art Coast." You will be stunned by the history and character throughout, with the original moldings, and rich décor, as well as the vintage tilework in the bathrooms. This only continues as you explore the main and upper-level living areas with original historic flooring, vanities, baths and wallpaper. One of the most unique features, however, is the rumored underground tunnel which leads to more exciting views you will not see in any other property in the area, and features a full studio, complete with a second kitchen, spa-like bathroom with a sauna, and a lakeside deck overlooking the rarely seen boathouse. The reinforced steel seawall lines the entire length of the waterfront for maximum bluff protection, and docking for multiple boats makes this a water enthusiast's dream!
Last Agent to Sell the Property
Coldwell Banker Woodland Schmidt License #6501326452 Listed on: 09/09/2023
Last Buyer's Agent
Lauri Sisson
Beacon Sotheby's International Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,920
Year Built
- Built in 1875
Lot Details
- 2.7 Acre Lot
- Lot Dimensions are 376 x 358 x 388 x 242
- Private Waterfront
- 388 Feet of Waterfront
- River Front
- Decorative Fence
- Shrub
- Sprinkler System
- Back Yard Fenced
Parking
- 2 Car Detached Garage
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 5,006 Sq Ft Home
- 3-Story Property
- Skylights
- Wood Burning Fireplace
- Garden Windows
- Mud Room
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Recreation Room
- Sun or Florida Room
- Wood Flooring
- Water Views
- Laundry on main level
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Water Access
- Boathouse
- Docks
- Balcony
- Deck
- Patio
Farming
- Barn
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Power Generator
- Natural Gas Water Heater
- High Speed Internet
- Phone Connected
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2025
Sold by
Bayside Bs Fund Incorporated
Bought by
Richard A Simon Family Trust and Russo
Current Estimated Value
Purchase Details
Listed on
Sep 9, 2023
Closed on
Jan 9, 2024
Sold by
Diane E Peterson Declaration Of Trust and Matthew R Peterson 2021 Trust
Bought by
Bayside Bs Fund Incorporated
Seller's Agent
Kersh Ruhl
Coldwell Banker Woodland Schmidt
Buyer's Agent
Lauri Sisson
Coldwell Banker Woodland Schmidt
List Price
$6,985,000
Sold Price
$5,050,000
Premium/Discount to List
-$1,935,000
-27.7%
Views
3237
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.70%
Purchase Details
Closed on
Dec 16, 2021
Sold by
Peterson Diane E
Bought by
Peterson Matthew R and Matthew R Peterson Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richard A Simon Family Trust | -- | None Listed On Document | |
| Richard A Simon Family Trust | -- | None Listed On Document | |
| Bayside Bs Fund Incorporated | -- | Chicago Title Of Michigan | |
| Bayside Bs Fund Incorporated | -- | Chicago Title Of Michigan | |
| Peterson Matthew R | -- | None Available | |
| Peterson Diane E | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/09/2024 01/09/24 | Sold | $5,050,000 | -27.7% | $1,009 / Sq Ft |
| 12/26/2023 12/26/23 | Pending | -- | -- | -- |
| 09/09/2023 09/09/23 | For Sale | $6,985,000 | 0.0% | $1,395 / Sq Ft |
| 08/30/2023 08/30/23 | Pending | -- | -- | -- |
| 08/26/2023 08/26/23 | Price Changed | $6,985,000 | -20.2% | $1,395 / Sq Ft |
| 08/04/2023 08/04/23 | For Sale | $8,750,000 | -- | $1,748 / Sq Ft |
Source: MichRIC
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,893 | $2,310,000 | $2,264,000 | $46,000 |
| 2024 | -- | $2,373,100 | $2,070,500 | $302,600 |
| 2023 | $9,047 | $839,500 | $603,200 | $236,300 |
| 2022 | $8,751 | $766,800 | $566,500 | $200,300 |
| 2021 | $8,425 | $759,700 | $566,500 | $193,200 |
| 2020 | $7,780 | $728,300 | $566,500 | $161,800 |
| 2019 | $7,616 | $756,900 | $566,500 | $190,400 |
| 2018 | $7,305 | $713,400 | $566,500 | $146,900 |
| 2017 | $0 | $675,800 | $539,500 | $136,300 |
| 2016 | $0 | $590,100 | $419,900 | $170,200 |
| 2015 | -- | $590,100 | $419,900 | $170,200 |
| 2014 | -- | $557,900 | $419,900 | $138,000 |
| 2013 | -- | $569,500 | $435,400 | $134,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kersh Ruhl
-
Lauri Sisson
Seller Co-Listing Agent in 2024
Lauri Sisson
Coldwell Banker Woodland Schmidt
(616) 292-5727
246 Total Sales
Map
Source: MichRIC
MLS Number: 23028372
APN: 20-004-026-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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