701 W Loomis Street Ludington, MI $ 1,600,000
701 W Loomis Street
$ 1,600,000
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701 W Loomis Street

Ludington, MI, 49431
$ 1,600,000
Bedrooms2 Baths1.0 Sq 768

Monthly Estimate*

$ 10,103

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Single Family Home for sale in Ludington, MI

for $1,600,000 with 2 bedrooms and 1 full bath. This 768 square foot home was built in 1960 on a lot size of 0.17.

Exceptional waterfront-area redevelopment opportunity in the heart of Ludington. Positioned directly across from the Ludington Municipal Marina, this unique offering combines an updated ranch home four residential lots—one improved with an existing home—creating a rare opportunity for future development in one of Ludington's most desirable locations. Whether your vision is a luxury waterfront estate, boutique townhome community, low-rise condominiums, or multiple custom homes, the value here is the land, location, and flexibility. Situated on a prominent corner spanning nearly three-quarters of a city block, the property enjoys marina views, excellent frontage, and close proximity to downtown, waterfront parks, beaches, restaurants, and shopping. The existing two-bedroom, one-bath home was extensively renovated in 2018, including a complete interior and exterior remodel, and is complemented by a detached two-car garage built the same year. Water views from both bedrooms, public utilities, and a move-in-ready home provide immediate usability while future plans are developed. The seller has already consulted with a surveyor and the City regarding future parcel configurations, making this an outstanding opportunity for builders, developers, or investors seeking one of Ludington's most desirable residential locations. Properties with this combination of location, redevelopment potential, and marina views are exceptionally rare. Explore the possibilities and bring your vision to one of Ludington's premier waterfront neighborhoods.

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Single Family Active

Price

$ 1,600,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 3,317

Style

Ranch

Lot Size

0.17

Year Built

1960

Town/City

Ludington

County/Region

Mason

MLS | Web ID

20261033421

Features
Interior
Interior Amenities HighSpeedInternet ProgrammableThermostat
Furnished Y/N Unfurnished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 768.0
Half Baths 0
Laundry Features LaundryRoom
Total Bedrooms 2
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities AboveGroundUtilities CableAvailable UndergroundUtilities
Possession AtClose
Roof Asphalt
Appliances Dishwasher ExhaustFan FreeStandingElectricOven FreeStandingElectricRange FreeStandingRefrigerator Microwave WasherDryerStacked
Garage Spaces 2.0
Architectural Style Ranch
Pool Features None
Construction Materials VinylSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Yes
Year Built 1960
Electric CircuitBreakers
Levels One
Property Subtype SingleFamilyResidence
Community Features Sidewalks
County Mason
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name ASSRS OF TENTH ADD - LUDINGTON
Garage Y/N Y
Other Structures SecondGarage
Total Rooms 5
Full Baths 1
Status Active
Directions W on W Luddington Ave S on S Ferry St W on Lumis
City LudingtonCity_Mason
Disclosures ExclusionsDoNotExist TaxesHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Ludington
MLS Area Area53082Ludington
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3317.33
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 56542
Expected Active Date 2026-06-30
Legal Description ASSESSOR'S PLAT OF TENTH ADDITION LOTS 1 2 & 3
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Exterior
Exterior Amenities Lighting
Parking Features TwoCarGarage Attached DirectAccess ElectricityinGarage
Lot Features CornerLot Level WaterView
Water Source Public
Foundation Details CrawlSpace Slab
Spa N
Lot Dimensions 186x119x185x119
Lot Size Acres 0.17
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 701
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* Excluded Features
List By
Michael Perna

Listing Agent

Exp Realty The Perna Team

Broker

(248) 886-4450

Phone

Affordability Calculator

$10,379
Per Month
97%
3%
0%
Monthly Principal & Interest
$10,103
Monthly Property Taxes
$276
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4455198 Elementary School
4455199 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$1,600,000 Listed Price

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701 W Loomis Street, Ludington, MI, 49431 is a Single Family Home for sale at $1,600,000 with 768 sqft and a lot size of 0.17. 701 W Loomis Street has 2 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 49431 which is in Ludington, MI