About This Home
This land at 413 S Rath Avenue in Ludington, MI is listed for $350,000 (0.12 acres).
Key Features
- 0.12 acre lot
- Waterfront
Property Details
Amenities
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.
Location
413 S Rath Avenue
Ludington, MI 49431
Questions & Answers
This 0-bedroom, 0-bathroom land at 413 S Rath Avenue is listed at $350,000. The estimated monthly payment is $1,972 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $100/month.
Key features include: 0.12 acre lot, Waterfront.
This property is listed by Andrea L Crossman and can be reached at 6162180267.