790 Lake St Saugatuck, MI 49453
Estimated payment $8,316/month
Highlights
- Water Views
- 0.64 Acre Lot
- Forced Air Heating and Cooling System
- Douglas Elementary School Rated A
- 1 Fireplace
- High Speed Internet
About This Home
Price just reduced for this amazing 3 units income property with 3,434 sq.ft, 5 bedrooms, 3.5 baths and 3 kitchens. Owners occupied first floor has 2 bedrooms, 2 baths, living room, formal dining room, a wet bar, well appointed kitchen, breakfast room and huge covered porch. The front 2nd floor unit has 2 bedrooms, a bath, kitchen, large living room and a porch with water views. The rear 2nd floor unit has 1 bedroom, a bath, kitchen, living room, and a porch that overlooks backyard and the pool area. Ample parking with 7 places plus a 2 car garage. The beautifully landscaped grounds include 2 koi ponds, patio, fire pit and an in-ground pool. Meticulously maintained property with many recent updates located in downtown of Saugatuck near the bridge just a short stroll to the restaurants, shops, and art galleries of Saugatuck and Douglas. Turn Key sale, strong rental income history and a potential for new owner to get new STR permit. Rental history and a list of all updates available in documents.
Listing Agent
Joe Jovanovic
Redfin Corporation License #6501298582 Listed on: 02/20/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,876
Year Built
- Built in 1905
Lot Details
- 0.64 Acre Lot
- Lot Dimensions are 74 x 81 x 231 x 66 x 232
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Water Views
- Washer and Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 7 Parking Spaces
- Paved Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Shared Gas Meter
- Separate Water Meter
- Shared Water Meter
- High Speed Internet
- Phone Connected
- Cable TV Available
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,877 | $708,200 | $97,900 | $610,300 |
2024 | -- | $643,200 | $84,200 | $559,000 |
2023 | -- | $481,300 | $67,100 | $414,200 |
2022 | $0 | $435,800 | $94,800 | $341,000 |
2021 | $9,555 | $230,200 | $86,200 | $144,000 |
2020 | $9,555 | $236,200 | $86,200 | $150,000 |
2019 | $0 | $230,200 | $73,300 | $156,900 |
2018 | $0 | $192,100 | $73,300 | $118,800 |
2017 | $0 | $230,300 | $108,400 | $121,900 |
2016 | $0 | $187,200 | $100,600 | $86,600 |
2015 | -- | $187,200 | $100,600 | $86,600 |
2014 | -- | $248,200 | $186,400 | $61,800 |
2013 | -- | $175,000 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/02/2025 05/02/25 | Price Changed | $1,309,000 | 0.0% | $381 / Sq Ft |
05/02/2025 05/02/25 | Price Changed | $1,309,000 | -10.3% | -- |
02/20/2025 02/20/25 | For Sale | $1,459,000 | 0.0% | -- |
02/20/2025 02/20/25 | For Sale | $1,459,000 | -- | $425 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Deed | $230,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $410,000 | New Conventional | |
Closed | $54,316 | Credit Line Revolving | |
Closed | $360,000 | Unknown | |
Closed | $46,725 | Unknown |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25006179

APN: 57-514-035-00
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