413 S Rath Avenue Unit Site 2, Ludington, MI 49431

$350,000

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List Price
$350,000
Days on Market
41
MLS#
26030756
Status
ACTIVE
Type
Land

Property Description

Rare opportunity to build a custom residence with sweeping views of Lake Michigan, Ludington's bustling harbor, and marinas. Building Site 2 is the middle parcel of a three-site luxury detached townhome development, offering downtown walkability, low-maintenance living, and exceptional privacy. Buyers may select their own builder and customize a home based on the approved development concept. The site is designed to accommodate a 3- or 4-story residence with a separate guest suite, income-producing rental unit (short-term rentals permitted), home office, or multi-generational living space. The completed home on Building Site 1, inspired by classic brownstones and European row homes, serves as an example of the architectural vision for the development. Floor plans and design concepts from Site 1 are available upon request and may be used as inspiration for your own custom design. Located within a federally designated Opportunity Zone and eligible for Qualified Opportunity Fund (QOF) investment structures, which may provide significant capital gains tax benefits to qualified investors.

Additional Information

HOA Fee
100
HOA Frequency
Monthly
Acres
0.12
Association Amenities
Detached Unit, Other
Association Fee Includes
Snow Removal, Lawn/Yard Care
Body of Water
Lake Michigan
School District
Ludington
Sewer
Public Sewer
Utilities
Electricity Connected, None, Cable Available, Electricity Available, Natural Gas Available
Water Features
Lake Front

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Andrea L Crossman from Listing Office: Coldwell Banker Woodland Schmidt.

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