515 Park Street 1, Saugatuck, MI 49453 (MLS# 25037209)

515 Park Street 1, Saugatuck, MI 49453

$1,550,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/25037209

Primary Bath Bonus Makeup and Storage closet

Main Terrace View of Historic Saugatuck Chain Ferry

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,684 Lot Size (sq. ft.): 11,326 Status: Sold

Current Price: $1,650,000 List Date: 7/30/2025 Last Modified: 10/31/2025

Overview

Description

Welcome to one of the most iconic residences on the Kalamazoo River—an architecturally inspired, yacht-style condo offering 2,700+ sq ft, 3 beds + bonus room & loft, 2.5 baths, and panoramic views of the Kalamazoo and downtown Saugatuck. Located in the Saugatuck Resort District, this condo operates as a highly successful short-term rental, with future STR permit eligibility (subject to availability). Enjoy a large terrace, 3 balconies, over 100' of seawall, and 70' of designated dock space. Walkability to Oval Beach Steps from the Historic Saugatuck Chain Ferry. Moments from the best shops, restaurants, and attractions in downtown Saugatuck, this property offers both a luxurious lifestyle and outstanding rental income potential—a rare opportunity in a premier resort destination

Listing Details MLS# 25037209

Location Property Info

County: Allegan
Street #: 515
Street Name: Park
Suffix: Street
State: MI
Zip Code: 49453

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.26
Lot Square Footage: 11326
Year Built: 2000
Garage Y/N: Yes
Garage Spaces: 2
Fireplace: Yes
Total Fireplaces: Yes
Income Property: Yes
Condo Proj Name: Riverwatch Condominium
Total Rooms AG: 9
Total Fin SqFt All Levels: 2747
SqFt Above Grade: 2684
Building Total SqFt: 2747
Total Beds Above Grade: 3
Total Bedrooms: 3
Full Baths: 2
Half Baths: Yes
Total Baths: 3
Main Level Primary: Yes
Stories: 3
School District: Saugatuck-Douglas
Elementary School: Douglas Elementary School
Middle School: Saugatuck Middle School
High School: Saugatuck High School
Entry Type: Private
Pets Y/N: Yes
Association Contact: Kathy Wilson
Association YN: Yes
Waterfront: Yes
Body of Water: Kalamazoo River
Statewide Lakes & Rivers: Kalamazoo River
Basement: No
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0

Tax Info

Tax ID #: 57-822-001-00
Taxable Value: 497429
SEV: 66120
For Tax Year: 2025
Seller's Annual Property Tax: 29091
Tax Year: 2025
Spec Assessment & Type: N/A
Zoning: Resort
Homestead %: 0

Remarks Misc

Directions: Center Street turn right on Ferry Street which turns into Park and head to 515

Status Change Info

Under Contract Date: 2025-09-21
Sold Date: 2025-10-31
Sold Price/SqFt: 577.5

More Information

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 100

Access Feat

Accessibility Features: No

Upper Rooms

Upper Level Square Feet: 827
Total Baths Above Grade: 3

Main Rooms

Main Bedrooms: 3
Main Full Baths: 2
Main Half Baths: Yes
Main Level SQFT: 1920

Location & Property Info

Unit #: Yes
Cross Streets: Perryman
Property Sub-Type: Condominium
Area: Holland/Saugatuck - H
Municipality: Saugatuck City

Office/Contract Info

On-Market Date: 2025-07-30
Auction or For Sale: For Sale
List Price/SqFt: 614.75
Ownership Type: Private Owned

Remarks & Misc

Public Remarks: Welcome to one of the most iconic residences on the Kalamazoo River—an architecturally inspired, yacht-style condo offering 2,700+ sq ft, 3 beds + bonus room & loft, 2.5 baths, and panoramic views of the Kalamazoo and downtown Saugatuck. Located in the Saugatuck Resort District, this condo operates as a highly successful short-term rental, with future STR permit eligibility (subject to availability). Enjoy a large terrace, 3 balconies, over 100' of seawall, and 70' of designated dock space. Walkability to Oval Beach Steps from the Historic Saugatuck Chain Ferry. Moments from the best shops, restaurants, and attractions in downtown Saugatuck, this property offers both a luxurious lifestyle and outstanding rental income potential—a rare opportunity in a premier resort destination
Legal: Unit 1 Riverwatch Condos Sec 9 T3N R16W (2010)

Water Type

Channel: Yes
Lake: Yes
River: Yes

Water Fea. Amenities

All Sports: Yes
Assoc Access: Yes
Channel: Yes
Deeded Access: Yes
Dock: Yes
Private Frontage: Yes
Shared Frontage: Yes
View: Yes

Lot Description

Adj. to Public Land: Yes
Site Condo: Yes

Street Type

Paved: Yes

Utilities Attached

Cable Connected: Yes
High Speed Internet: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Association Info.

Approx. Assoc Fee: 8000
Assoc. Fee Payable: Annually
Association Phone: 616-218-3448

Laundry Features

Electric Dryer Hookup: Yes
Laundry Room: Yes
Main Level: Yes
Sink: Yes
Washer Hookup: Yes

Assoc. Amenities

Pets Allowed: Yes

Exterior Material

Wood Siding: Yes

Assoc. Fee Incl.

Lawn/Yard Care: Yes
Maintenance Structure: Yes
Trash: Yes
Other: Yes

Roofing

Metal: Yes

Parking Features

Attached: Yes
Detached: Yes
Garage Door Opener: Yes
Garage Faces Front: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

Other: Yes

Heat Type

Forced Air: Yes
Radiant: Yes

Air Conditioning

Central Air: Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Driveway

Concrete: Yes

Substructure

Slab: Yes

Windows

Insulated Windows: Yes
Skylight(s): Yes

Kitchen Features

Eating Area: Yes
Snack Bar: Yes

Fireplace

Living Room: Yes

Additional Items

Ceiling Fan(s): Yes
Ensuite: Yes
Garage Door Opener: Yes
Wet Bar: Yes
Whirlpool Tub: Yes
Window Treatments: Yes

Appliances

Bar Fridge: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Water Softener Owned: Yes

Water Heater

Natural Gas: Yes

Exterior Features

Balcony: Yes

Patio and Porch Features

Deck: Yes
Terrace: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Wood: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Fire Alarm: Yes

Landscape

Flower Garden: Yes
Ground Cover: Yes
Shrubs/Hedges: Yes
Terraced Yard: Yes
Underground Sprinkler: Yes

Architectural Style

Contemporary: Yes
Tri-Level: Yes

Possession

See Remarks: Yes

Property Features

Water Type: Channel; Lake; River Laundry Features: Electric Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup Exterior Material: Wood Siding Roofing: Metal Windows: Insulated Windows; Skylight(s) Substructure: Slab Lot Description: Adj. to Public Land; Site Condo Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected; Phone Connected Kitchen Features: Eating Area; Snack Bar Fireplace: Living Room Additional Items: Ceiling Fan(s); Ensuite; Garage Door Opener; Wet Bar; Whirlpool Tub; Window Treatments Appliances: Bar Fridge; Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer; Water Softener Owned Heat Source: Natural Gas Heat Type: Forced Air; Radiant Air Conditioning: Central Air Water Heater: Natural Gas Exterior Features: Balcony Flooring: Carpet; Ceramic Tile; Wood Patio and Porch Features: Deck; Terrace Security Features: Carbon Monoxide Detector(s); Fire Alarm Landscape: Flower Garden; Ground Cover; Shrubs/Hedges; Terraced Yard; Underground Sprinkler Parking Features: Attached; Detached; Garage Door Opener; Garage Faces Front Architectural Style: Contemporary; Tri-Level Driveway: Concrete Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: See Remarks Sale Conditions: Other

Room Information

Kitchen Level: Main Dining Room Level: Main Living Room Level: Main Laundry Level: Main Primary Bedroom Level: Main Primary Bathroom Level: Main Bathroom 1 Level: Main Bathroom 2 Level: Main Bedroom 2 Level: Main Bedroom 3 Level: Main Bonus Room Level: Upper Recreation Level: Upper

Documents

Association Information ›

Master Deed Amendment ›

Listing Office: CENTURY 21 Affiliated

Listing Agent: David Isljamovski

Last Updated: October - 31 - 2025

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