NOT LISTED FOR SALE

4465 S Lakeshore Dr Ludington, MI 49431

Estimated Value: $197,000 - $266,000

2.4 Acres
$94,674 Price per Acre
104,544 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $135,000

Est. 68% increase in value since last sale

Current estimated payment $1,476/month

435 Days on Market

Highlights

  • Private Waterfront
  • Lakeview Elementary School Rated A-
  • Wooded Lot

About This Lot

As of April 2021

NEW PRICE REDUCTION! Building site on Lake Michigan! Imagine owning a private, 2.4 acre wooded property overlooking more than 160' of Lake Michigan frontage. Situated between Ludington's vibrant Downtown and the charming Village of Pentwater, this property provides privacy, convenience of access and the unbounded glory of Lake Michigan. There is an upper platform at the bluff where the stairs begin their decent to a serene sitting bench where you can watch the lake. Start living life on the Lake this summer and make your plans to build a Northern Retreat in the dunes, and enjoy a lifetime of memories!!

Last Agent to Sell the Property

Renee Malburg

Five Star Real Estate - Ludington License #6506043816 Listed on: 01/27/2020

Five Star Real Estate - Ludington

Last Buyer's Agent

Renee Malburg

Five Star Real Estate - Ludington License #6506043816 Listed on: 01/27/2020

Five Star Real Estate - Ludington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,297

Lot Details

  • 2.4 Acre Lot
  • Private Waterfront
  • Wooded Lot
  • Zoning described as RR

Community Details

  • Recreational Area

Property Details

Property Type

Land

Est. Annual Taxes

$3,297

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 159000.0
  • Lot Features: Buildable, Recreational, Wooded
  • Road Surface Type: Paved
  • Topography: {"High Bank":true,"Rolling Hills":true}
  • Water Body Name: Lake Michigan
  • Waterfront Features: Private Frontage
  • Waterfront: Yes

Lot Info

  • Lot Size Acres: 2.4
  • Lot Size Area: 2.4
  • Lot Size Sq Ft: 104544.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3297.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Apr 16, 2021
Sold by
Esther M Thoroughman Ret
Bought by
Ackley Dustin and Ackley Justine
Seller's Agent
Renee Malburg
Five Star Real Estate - Ludington
Buyer's Agent
Renee Malburg
Five Star Real Estate - Ludington
List Price
$199,900
Sold Price
$135,000
Premium/Discount to List
-$64,900
-32.47%
Current Estimated Value
$227,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,217
Avg. Annual Appreciation
12.07%

Purchase Details

Closed on
Nov 10, 2016
Sold by
Thoroughman Esther M and Thoroughman Kenneth
Bought by
Thoroughman Esther M and Esther M Thoroughman Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ackley Dustin $135,000 Startitle Agency Llc
Thoroughman Esther M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $135,000 -32.5% --
01/27/2020 01/27/20 For Sale $199,900 -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

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 $3,360 $109,700 $109,700 $0
2024 -- $81,500 $81,500 $0
2023 -- $71,200 $71,200 $0
2022 -- $75,900 $0 $0
2021 -- $171,500 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Malburg

    Seller's Agent in 2021

    Renee Malburg

    Five Star Real Estate - Ludington

    (231) 233-5674

    135 Total Sales

    Renee Malburg
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Map

Source: MichRIC

MLS Number: 19010803

MichRIC

APN: 014-114-002-33

Michigan Mason County Ludington 49431

4465 S Lakeshore Dr, Ludington, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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