4 months on rocket

702 Lake St, Saugatuck, MI, 49453

$1,549,800

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
3,315 SqFt
$468/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

702 Lake St, Saugatuck$1,549,800

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage2 spaces
Year Built2018
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceFamily Room, Gas Log
MLS #24041144
Lot Size0.30 Acres
StatusActive

About 702 Lake St

This gorgeous home, built in 2018, has everything you need for both comfort and convenience. Located right on the edge of downtown, this 5-bedroom, 4.5-bath property isn't just a lovely place to live—it's also a very successful short-term rental. A key highlight is the private guest suite above the garage, offering guests their own sanctuary with a luxurious en-suite bathroom. Plus, with parking for 6 cars, there's plenty of space for everyone. You can't beat the location—just a short walk to shopping, dining, and entertainment, so you get all the perks of city living while still having your own peaceful spot to unwind. Inside, the home is bright and open, perfect for hosting family and friends after a day on the water and taking in all Saugatuck has to offer. The gourmet kitchen, featuring premium appliances, quartz countertops, and custom cabinetry, is a chef's delight. Adjacent to the kitchen, the living room, complete with a cozy fireplace, provides a perfect space for relaxation. Expansive windows throughout the home fill the interior with natural light and offer glimpses of serene water views, enhancing the overall sense of calm. The first floor features a well-appointed bedroom with an ensuite bathroom, while the second floor includes another ensuite bedroom and two additional bedrooms sharing a bath. Plentiful, luxurious open air spaces provide options for outdoor dining on the patio, or spend a little time in the covered breezeway which is an ideal spot for taking in a game on the outdoor TV and lounge area. Whether you're in search of a primary residence, a vacation home, or a lucrative rental property, this exceptional home meets every need.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2018
  • Stories: 2
  • Living Area: 3,315 SqFt

Listing Office:

  • Office Name: Coldwell Banker Woodland Schmidt
  • Office Phone: (616) 393-9000
  • Listing Agent: Kersh Ruhl, Lauri Sisson

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Range, Microwave, Disposal, Dishwasher
  • Basement: Yes
  • Interior: Ceiling Fan(s), Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace: Family Room, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Sidewalk, Rolling/Hilly
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Blue Star Hwy to Lake Street to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,549,800
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $26,006
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Saugatuck, MI.

Map thumbnail provided by MapBox

Saugatuck, MI

City

Med. Sold Price

$654.5K

Med. Price/SqFt

$337

Avg. Days On Market

68

# of Sold Homes

11

702 Lake St vs Saugatuck

135 DAYS ON ROCKET

+67 Days

$1,549,800

+$895.3K More

$468/SqFt

+$130 More

KEY TAKEAWAY

This property is $895.3K more than the Median Sold Price and $130/SqFt more than other homes in Saugatuck, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24041144

Listing Office:

  • Office Name: Coldwell Banker Woodland Schmidt
  • Office Phone: (616) 393-9000
  • Listing Agent: Kersh Ruhl, Lauri Sisson

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 22, 2017Home Sold
$136,000

Tax History

YEARPROP. TAXASSESSMENT
2021$26,006$489,100
2020 - $503,900
2019 - $297,600
2018 - $56,700
2017 - $56,700

History based on county public records data.

Payment Calculator

$7,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-892143
8
/10

  • Douglas Elementary School

  • 261 Randolph St

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-892144
6
/10

  • Blue Star Elementary School

  • 3846 58th St

  • 5.33 miles

  • Public District Grades PK-4

school-card-donut-892145
5
/10

  • Fennville Elementary School

  • 8 Memorial Dr

  • 5.94 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,688. Residents of Saugatuck, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 702 Lake St

What is the listing price of this property?

The listing price of 702 Lake St property is $1,549,800.

What type of property is this?

The property 702 Lake St is a house located in Saugatuck, Michigan, 49453.

Is this property for sale now?

Active Listing: 702 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $26,006 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 22, 2017 for $136,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 702 Lake St has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 702 Lake St is 3,315 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 702 Lake St is 2018.

Rocket Homes›Michigan›Allegan County›Saugatuck›49453›702 Lake St

This home is located at 702 Lake St in Saugatuck, MI and zip code 49453. This 3,315 square foot home, which was built in 2018, sits on a 0.30 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,549,800.

In November 2024 more than 0 listings in Saugatuck, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 10 were sold below. Between October 2024 and November 2024, Saugatuck, MI real estate market has seen decrease in the number of listings by 6.1%. In November 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $654,500.

From Rocket Homes Real Estate and based on county public records data.

More Resources