$4,900,000

612 N Lakeshore Dr Ludington, MI 49431

Estimated payment $29,729/month

Total Views 71,264
3 Beds
3.5 Baths
3,974 Sq Ft
$1,233 Price per Sq Ft

Highlights

  • 2.52 Acre Lot
  • Traditional Architecture
  • 2 Car Attached Garage
  • Lakeview Elementary School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

Incredible investment opportunity just steps from Lake Michigan! Nader’s Motel & Suites is a well-established hospitality property in the heart of Ludington, offering 39 beautifully maintained rooms in a variety of styles—including 16 spacious suites, with eight featuring convenient kitchenettes for extended stays. Set on over 2.5 acres of landscaped grounds, the property boasts a heated saltwater outdoor pool, picnic and grilling areas, bike rentals, a fitness center, and a playground area that keeps guests coming back year after year. The charming main house is a standout feature, thoughtfully updated with three bedrooms, 3.5 bathrooms, a luxurious steam shower room, a home theater, and modern finishes throughout—perfect as an owner's residence or an additional income-generating rental. With a prime location along desirable Lakeshore Drive, guests enjoy quick access to the beach, downtown Ludington, the marina, and Ludington State Park. This turnkey business offers strong rental history, excellent amenities, and room to grow. Welcome Home!

Listing Agent

Jim Shaffer

Good Company License #6502380733 Listed on: 05/30/2025

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 2.52 Acre Lot
  • Lot Dimensions are 454.41x191.50

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 3,974 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05117000410

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,004

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Year Built: 1966
  • State Equalized Value: 1122600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3974
  • Total Sq Ft: 3974
  • Sq Ft Total Bsmt: 924

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 454
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ludington

Lot Info

  • Homestead: Yes
  • Lot Size Area: 2.52
  • Lot Dimensions: 454.41X191.50
  • Parcel Number: 05117000410

Tax Info

  • Tax Amount Summer: 42663.0000
  • Tax Amount Winter: 2341.0000
  • Total Tax: 45004.0000
  • Taxable Value: 1122600.0000

MLS Schools

  • School District: Ludington

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $45,169 $1,122,600 $1,122,600 $0
2024 -- $1,060,300 $1,060,300 $0
2023 -- $834,500 $834,500 $0
2022 -- $760,600 $0 $0
2021 -- $725,900 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 For Sale $4,900,000 -- $1,233 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $480,000 None Available
Source: Public Records

About the Listing Agent

Jim Shaffer

Good Company

(231) 359-4589

Section Image

Jim has been a real estate professional in the Oakland County market since 1999. Combining an innovative and technology driven approach to our evolving market Jim has become the number one agent on the Woodward Corridor. Through community involvement and volunteering he has developed a connection to the Woodward Corridor communities, our schools, businesses and people. Jim prides himself on personal service catered to every client, buyer and seller alike. Taking time to listen to each client,

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Source: Realcomp

MLS Number: 20251001417

Realcomp

APN: 051-170-004-10