413 S Rath Avenue Unit# Site 2, Ludington, Michigan, 49431
0.12 Acres
#26030756
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.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Electricity Available, Cable Available, None, Electricity Connected
- Sewer : Public Sewer
- Community Features : Sidewalks
- HOA : Yes
- Association Fee : 100
- Association Fee Frequency : Monthly
- View : Water
- Waterfront Features : Lake, Waterfront Access
- Road Surface Type: Paved
PROPERTY DETAILS
ID: 26030756
Status: Active
Price: $350,000
Acres: 0.12 Acres
Price Per Acre: $2,916,667
Type: Other
Address: 413 S Rath Avenue Unit# Site 2
City, State: Ludington, Michigan
County: Mason
Zip Code: 49431
Lat/Long: 43.952365, -86.449025
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