Waterfront Building Site for Custom
For Sale
$350,000
413 S Rath Avenue, Ludington, MI 49431
LAND - Ludington, MI
Property SizeContact for details
Lot Size0.12 Acres
Days on Market64
Property Features for 413 S Rath Avenue
General Information
Property type
Land
Property subtype
Other
Lot features
Site Condo, Buildable, Cleared, Sidewalk
Elementary school district
Ludington
Middle school district
Ludington
High school district
Ludington
Directions
S Rath Avenue, between W Foster St and W Danaher St.
Standard status
Active
APN
53-051-559-006-00-B
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
New site condo development, legal to follow.
HOA Fee
$100 Monthly
Legal Description
New site condo development, legal to follow.
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water front features
Lake
Water front
1
Listing Agency:
Coldwell Banker Woodland Schmidt · Coldwell Banker Real Estate
(616) 396-5221
Listed By:
Andrea L Crossman · License #6506043931
(616) 218-0267
Added: Jun 19
Changed: Jun 20
Last Checked: Aug 21 at 12:06AM
MLS# 26030756
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront building site is the middle parcel of a three-site luxury detached townhome development. It is positioned to support sweeping views of Lake Michigan, Ludington’s harbor, and surrounding marinas. Buyers may select their own builder and customize a home within the approved development concept.
The site is intended to accommodate a 3- or 4-story residence, with room to design features such as a separate guest suite, an income-producing rental unit with short-term rentals permitted, a home office, or multi-generational living arrangements. The development’s completed example home on Building Site 1 reflects the architectural vision for the overall concept, with floor plans and design concepts available upon request.
For buyers and builders looking for flexibility, this parcel is structured to fit a custom approach rather than a fixed plan. The property is located within a federally designated Opportunity Zone and may be eligible for Qualified Opportunity Fund (QOF) investment structures for qualifying investors, subject to applicable requirements and regulations. The result is a clear path to create a residence tailored to lifestyle needs while staying within the development’s approved framework.
The site is intended to accommodate a 3- or 4-story residence, with room to design features such as a separate guest suite, an income-producing rental unit with short-term rentals permitted, a home office, or multi-generational living arrangements. The development’s completed example home on Building Site 1 reflects the architectural vision for the overall concept, with floor plans and design concepts available upon request.
For buyers and builders looking for flexibility, this parcel is structured to fit a custom approach rather than a fixed plan. The property is located within a federally designated Opportunity Zone and may be eligible for Qualified Opportunity Fund (QOF) investment structures for qualifying investors, subject to applicable requirements and regulations. The result is a clear path to create a residence tailored to lifestyle needs while staying within the development’s approved framework.
Key Highlights
- Lake waterfront lot with Lake Michigan views and access features listed as “Lake.”
- Utilities include cable available; sewer is public sewer.
- Part of a three‑site detached townhome development; Building Site 2 is the middle parcel.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Explore this area
Business Placement
Demographics for 49431, MI
17,044
Population
9,959
Households
1.7
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
96.1 sq mi
ZIP Area
177
Density / Sq Mi
$63,313
Median Household Income
$36,924
Median Earnings
$850
Median Rent
$218,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Middle parcel in a three-site waterfront plan, designed for a 3- or 4-story custom residence.
Where is this waterfront land located?
The property is located at 413 S Rath Avenue Ludington, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Lake waterfront lot with Lake Michigan views and access features listed as “Lake.”; Utilities include cable available; sewer is public sewer.; Part of a three‑site detached townhome development; Building Site 2 is the middle parcel.
