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$1,600,000

Listing Price

2beds

1baths

768sqft

7,405sqft lot

701 W Loomis St, Ludington, MI 49431

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

355.22

Price / sqft

1960

Year built

Home Details

Exceptional waterfront redevelopment opportunity in the heart of Ludington! Located directly across from the Ludington Municipal Marina, this rare offering includes an updated ranch home plus four residential lots (one improved), creating endless possibilities for future development. Potential uses include luxury homes, custom residences, townhomes, or low-rise condominiums (subject to approvals). Occupying nearly three-quarters of a city block, the property offers marina views, excellent frontage, and is just minutes from downtown, parks, beaches, restaurants, and shopping. The existing 2-bedroom, 1-bath home was completely renovated in 2018, including the interior, exterior, and a detached 2-car garage. Both bedrooms offer water views, and public utilities are available. The seller has already consulted with the City and a surveyor regarding future parcel configurations, making this an outstanding opportunity for builders, developers, and investors.

Interior Details

Square Feet
  • 768

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7405

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

-1

$-1

$0

$0

--%

$58,100

-1

$-1

$0

$0

--%

$56,600

-1

$-1

$0

$0

--%

$49,800

-1

$-1

$0

$0

--%

$49,200

-1

$-1

$0

$0

--%

$47,200

percent-home-icon

Average Home Price in 49431

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,600,000
$
Down payment
320,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
9,600
$
HOA (Monthly)
0
$
PMI
0
$
$10,357
Your Payment
Total Monthly Payment:$10,357
Percent of Income:178%
Affordable:No

Details for 701 W LOOMIS ST

Property Debt

Foreclosure Contact Details