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413 S Rath Avenue, Lot #Site 2, Ludington, MI 49431

$350,000
  • 413 S Rath Avenue, Lot #Site 2, Ludington, MI 49431 Main Photo

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New to the Market Active
LOT SIZE 0.120 acres MLS#26030756
STATUSActive PROPERTY TYPELand - Residential SCHOOLLudington

Property Description

Rare opportunity to build a custom residence with sweeping views of Lake Michigan, Ludingtons 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.

413 S Rath Avenue, Unit Site 2 | MLS# 26030756

This land located at 413 S Rath Avenue, Unit Site 2, Ludington, MI 49431 is currently listed for sale with an asking price of $350,000. The property has approximately 0.12 Acres. S Rath Avenue, Unit Site 2 is located within the Ludington school district. Search Ludington real estate on www.ikeyrealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.12 Acres
Taxes: $0

Feature Descriptions

Association Amenities: Detached Unit, Other
Association Fee Includes: Lawn/Yard Care, Snow Removal
Days on Site: 2
HOA: Yes
HOA Fee: 100/Monthly
Lake Name: Lake Michigan
Lot: Site Condo, Buildable, Cleared, Sidewalk
Lot Dimensions: 45x120
Parcel Number: 53-051-559-006-00-B
Road Surface: Paved
Sewer: Public Sewer
Sub Type: Lot
Utilities: Natural Gas Available, Electricity Available, Cable Available, None, Electricity Connected
Waterfront: Lake

Local Schools

School District: Ludington

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Woodland Schmidt
Agent Name: Andrea L Crossman
Agency Phone: 616-396-5221

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 06/22/2026.

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Estimated Payment

$ 2,059.88 per month $1,957.80 Principal & Interest $0.00 Property Tax (data not provided by mls) $102.08 Homeowner's Insurance

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