Waterfront Bed & Breakfast
For Sale
$1,690,000
787 Lake Street, Saugatuck, MI 49453
COMMERCIAL - Saugatuck, MI
Property Size2,744 SF
Lot Size0.97 Acres
Price / SF$615.89
Days on Market158
Property Features for 787 Lake Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R-RESORTDIST C4
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 3, Bathroom 5, Bathroom 1, Basement, Bathroom 6, Bathroom 2, Bathroom 4
Parking
6
Interior features
Broadband
Middle school
Saugatuck Middle School
High school
Saugatuck High School
Elementary school district
Saugatuck-Douglas
Middle school district
Saugatuck-Douglas
High school district
Saugatuck-Douglas
Directions
Bluestar to lake to address on the left.
Standard status
Active
APN
57-875-011-00
Size
2,744 SF
Lot size
0.97 Acres
Taxes and HOA fees
Tax Year
2020
Tax Description
UNIT 11 OF SHADY SHORES CONDOMINIUMS TOGETHER WITH BOAT SLIP ''G'' AS A LIMITED COMMON ELEMENT ALSO INCL. BOAT SLIPS F &
Tax Annual Amount
21250
Legal Description
UNIT 11 OF SHADY SHORES CONDOMINIUMS TOGETHER WITH BOAT SLIP ''G'' AS A LIMITED COMMON ELEMENT ALSO INCL. BOAT SLIPS F &
Utilities
Utilities
Cable Available
Heating system
Radiant, Forced Air, Hot Water(Heating), Baseboard
Cooling system
Window Unit(s), Central Air
Water front features
Lake
Water front
1
Building Details
Year built
1920
Floors in Building
2
Number of units
1
Building materials
Vinyl Siding, Brick
Roof type
Composition
Listing Agency:
BHG Connections
(269) 400-5400
Listed By:
Tammy L Kerr · License #6502433373
(616) 218-0873
Added: Mar 16
Changed: Aug 4
Last Checked: Aug 20 at 6:06PM
MLS# 26010197
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 investment property is a newly remodeled and furnished 7-bedroom, 6-bath home designed for guest stays, with capacity stated at up to 14/16 guests. The layout includes a four-season front porch and a back patio, along with a private hot tub. The offering is part of an 11-unit association that provides access to a shared pool.
Ownership also includes use of two association end docks described as premier and restricted to owners, with a gate intended to help keep a boat secure. The property is located at 787 Lake Street in Saugatuck, positioned between downtown Saugatuck and Douglas, with restaurants, shopping, bars, and parks described as within walking distance. The home is currently marketed as an investment opportunity and could be converted back to a bed and breakfast again if desired.
Ownership also includes use of two association end docks described as premier and restricted to owners, with a gate intended to help keep a boat secure. The property is located at 787 Lake Street in Saugatuck, positioned between downtown Saugatuck and Douglas, with restaurants, shopping, bars, and parks described as within walking distance. The home is currently marketed as an investment opportunity and could be converted back to a bed and breakfast again if desired.
Key Highlights
- 7‑bedroom, 6‑bath waterfront home with year built 1920
- Newly remodeled and furnished; high‑end furniture included in the sale
- Four‑season front porch plus back patio for outdoor use and a private hot tub
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49453, MI
2,950
Population
2,113
Households
1.4
Avg Household Size
53
Median Age
52%
College-Educated
98%
High-School Grad
10.4 sq mi
ZIP Area
284
Density / Sq Mi
$101,250
Median Household Income
$49,970
Median Earnings
$766
Median Rent
$487,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - Newly remodeled furnished 7-bed, 6-bath waterfront home within an 11-unit association with shared pool and private hot tub.
Where is this bed & breakfast located?
The property is located at 787 Lake Street Saugatuck, MI.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 7‑bedroom, 6‑bath waterfront home with year built 1920; Newly remodeled and furnished; high‑end furniture included in the sale; Four‑season front porch plus back patio for outdoor use and a private hot tub
