1794 Lakeshore Drive Muskegon, MI 49441

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$2,990,000

Market Estimate

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7.25 Acres
Land
MLS# 24026142

1794 Lakeshore Drive, Muskegon, MI 49441

Listing provided courtesy of: Medendorp Real Estate Group

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Views: 57 Days On Site: 181

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Property Details

Description Tours

Would you like to live on Muskegon Lake? So does everybody else. Muskegon Lake is a full-speed lake with a deep water channel. This property faces northeast, offering some of the best sunrises on Muskegon Lake and easy access from Lakeshore Drive. Enjoy the bike path meandering through your property. Discover a prime 9-acre waterfront development opportunity in the heart of Lakeside, Muskegon, MI! With over 1,500 feet of pristine waterfront on Muskegon Lake, this vacant land offers possibilities. Imagine a vibrant marina, a mixed-use complex featuring a bar, restaurant, hotel, or residential units - this property presents a great opportunity. It's an ideal location for residential homes, condominiums, and commercial possibilities, situated in the Lakeside district of Muskegon. Located next to the Lake Express Ferry launch dock and close to shopping, dining, and Pere Marquette-Lake Michigan, this site is surrounded by exciting developments. Enjoy breathtaking views of Muskegon Lake and seize the chance to be part of Muskegon's growth.

General Features
- Tax Annual Amount 12763.0
- County Or Parish Muskegon
- Property Sub Type Commercial Land
Building Features
- Bathrooms 0
Property Features
- Waterfront Features All Sports
- Waterfront Y/N true
- Lot Size Acres 7.25
- Lot Size Area 7.25
- Water Body Name Muskegon Lake
Schools
- High School District Muskegon

Neighborhood

49441 (Muskegon) Demographics

40 Median Age

970 Population Density (per sq. mile)

41% College Educated

$55,462 Estimated Median Income

10,261 Estimated Total Home Owners

4,270 Estimated Total Renters

71% / 29% Estimated Owner / Renter Divide

2 Estimated Average Household Size

35,045 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$242,000 Median Sales Price

64 Homes Sold

123 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $2,990,000
5/24/2024 2:45:00 PM	New in Database Source: Multiple Listing Service	New Value: $2,990,000

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** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

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Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 11/21/2024 8:15:12 AM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.