302 S Ferry Street
Ludington, MI, 49431 $ 1,250,000
Bedrooms3 Baths2.0 Sq 1,500 Monthly Estimate*
$ 8,633
for $1,250,000 with 3 bedrooms and 2 full baths. This 1,500 square foot home was built in 1961 on a lot size of 0.17.
LOCATION IS EVERYTHING, and this Ludington property offers an exceptional opportunity just across from the Ludington Municipal Marina, with views of Pere Marquette Lake/Harbor and the iconic S.S. Badger. Positioned in one of Ludington's most desirable harbor-area locations, this property offers tremendous potential for an investor, developer or buyer envisioning a future custom home, subject to municipal approval and current zoning requirements. The existing 1,500 sq ft ranch provides flexibility while those plans take shape. Featuring 3 bedrooms, 2 full baths, generous living and family rooms, dining space, a galley-style kitchen and detached 1.5-car garage, the home has been well maintained and remains in livable condition. Use it as a primary residence, vacation getaway or comfortable home base while exploring the property's future possibilities. Outside, the 60 x 122.7 corner lot places you at the center of the Ludington waterfront lifestyle. Walk to downtown shops, restaurants and parks, or head just steps toward the channel and lighthouse walkway. Stearns Park and Ludington's Lake Michigan beach are only a few blocks away, while Ludington State Park and miles of sandy Lake Michigan shoreline are approximately 10 minutes away. From watching boats move through the harbor and the S.S. Badger come and go to having downtown Ludington and Lake Michigan within easy reach, the setting is what makes this property extraordinary. Whether your vision is to enjoy the existing home, hold the property as an investment, pursue redevelopment or create a future custom residence, 302 S Ferry Street is a rare opportunity to secure an incredible location in the heart of Ludington's harbor district. Buyers and buyers' agents to verify current zoning, permitted uses and development requirements with the City of Ludington.
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FeaturesInteriorInterior Amenities Cable/Internet Avail. DSL Available
Dining Room Level Entry
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 9
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GeneralHeating Forced Air
Kitchen Level Entry
Possession At Close
Garage Detached Garage Gar Door Opener
Water Public Water
Appliances Disposal Range/Oven Refrigerator
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1961
Pets Allowed Yes
Subdivision Tenth Add MI
Water Heater Gas
Style Ranch
County Mason
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Ludington
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Ludington (53020)
Primary City Ludington
Directions West on Ludington Ave. to Ferry St. South on Ferry to corner of Ferry and Loomis.
City Ludington
School District Ludington Area School District
Financial Terms Cash Conventional FHA VA
Legal Description TENTH ADDITION LOT 11.
DOM 1
Postal Code 49431
Price Per Sq Ft Total AG 833.33
Public Remarks LOCATION IS EVERYTHING and this Ludington property offers an exceptional opportunity just across from the Ludington Municipal Marina
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ExteriorExterior Vinyl Siding
Exterior Amenities Porch
Frontage 121
Body of Water Ludington Municipal Marin
Lot Size Area 0.17
Pool (Y/N) No
Lot Dimensions 121x65x120x67
Water Features Lake Frontage Lake/River Access Waterfront
Roads Paved Street
Waterfront Y/N Yes
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* Excluded FeaturesList ByMichael PernaListing Agent
Exp Realty The Perna TeamBroker
MichaelPerna@pernateam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,633
- Monthly Property Taxes
- $383
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Ludington, MI
Average List Price $429,892
Percent of Sale Price 66%
About Ludington, MI 8,282 Population
0% Since 2002
$ 36,498 Median Income
41.21 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3909089 Elementary School
3909090 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2026 | $125,000 | | Listed Price |