For Sale
413 S Rath Avenue Site 2, Ludington, MI 49431
$350,000
MLS # 26030756 (Michigan Regional Information Center (MichRIC))
0.12 acres
1 / 65
Listing Description
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.
Source: SparkMLS
About this home
Listed at $350,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Property SubtypeLot
Bathrooms0
Lot Size0.12 acres
Location
CityLudington
MunicipalityLudington
Zip Code49431
CountyMason
School DistrictLudington
Construction & Systems
SewerPublic Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available, None, Electricity Connected
Sale & Financing
Listed6/18/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$100 / Monthly
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2025
Assessed Value$459,700
Parcel #53-051-559-006-00-B
Source: SparkMLS
Legal Description
New site condo development, legal to follow.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Andrea L Crossman
Coldwell Banker Woodland Schmidt
Frequently Asked Questions about 413 S Rath Avenue Site 2, Ludington, MI 49431
What school district is 413 S Rath Avenue Site 2, Ludington, MI 49431 in?
Per MLS# 26030756, this property is served by Ludington. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26030756, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 413 S Rath Avenue Site 2, Ludington, MI 49431 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 413 S Rath Avenue Site 2, Ludington, MI 49431 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public Sewer. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Ludington police department or the Mason County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$2,370
Principal & interest$2,270
HOA$100
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
413 S Rath Avenue Site 2, Ludington, MI 49431
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Municipality
Ludington
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