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Berrien 49117
13016 Edge Water
$397,000
● Land - Off Market

13016 Edge Water

New Buffalo, MI 49117
bedrooms
Studio
bathrooms
0 Bath
$575,288
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Gorgeous Wooded Lot on Edge Water in the Wonderful Gated Community of Forest Beach...This Exclusive Estate Side Lot is One Home Away from Lake Michigan!  This Large, Well Priced Lot is Waiting for you to Build your Dream Home!  The Lot is Situated where virtually the ONLY traffic will be your Neighbor Across the Street!  Room for your own Pool if you Desire.  Surrounded by Trees, make this Lot your Personal Canvas. Use of Association Pool, Tennis Courts and Basketball Courts is encouraged.  Close to Town...Easy Access to Chicago, South Bend, Golf, Biking, Walking, Casino, You Name It!  The Lot you have Long Desired is Now Available!
Unit Size
-
Days on Market
-
Land Size
0.66 acres
Price per sqft
-
Property Type
Land
Property Taxes
$339
HOA Dues
-
Year Built
2022

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #20025830)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jun 24, 2020 Listed by Keller Williams Realty SWM $419,999
Listed by Keller Williams Realty SWM
Dec 18, 1995 Sold
Premium
Sold
May 27, 1992 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,539
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 1,760
  • Total Building Area: 3,372
  • Building Area: 3,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,372
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST BEACH
  • Land Acres: 0000000747
  • Standard Land Use Code: 1001
  • County Land Use Code: 402
  • Legal Description 1: UNIT 24 FOREST BEACH LIBER 58 PAGE 1 AMENDED & RESTATED MASTER DEED LIBER 0058 PAGE 0254

Neighborhood

  • School District Name: New Buffalo Area School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011302

Zoning

  • Zoning: SELECTZONI

Geography

  • Assessors Map Reference: 008-3
  • District: 13
  • Parcel: 13-2400-0024-00-6
  • Municipality: NEW BUFFALO TWP
  • Latitude: 41.7882
  • Longitude: -86.769

    Address

  • Full Address: 13016 Edgewater
  • Legal Unit: 24
  • Address - House Number: 13016
  • Address - Street Name: Edgewater
  • State: MI
  • City Name: New Buffalo
  • Carrier Code: R003
  • 4-Digit Zip Code: 8805
  • Zip Code: 49117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $749,609

    Market Valuation

  • Market Total Value: $707,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,800

    Sales

  • Current Sale Contract Date: Dec 18, 1995
  • Current Sale Recording Date: Dec 18, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 27, 1992
  • Previous Sale Contract Date: May 27, 1992
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Karen Larkin-Johnson, Keller Williams Realty SWM
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20025830
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 13016 Edgewater built and last sold?
The property at 13016 Edgewater was built in 2022 and last sold on Dec 18, 1995 for $156,000.
How much is this home worth?
The estimated value of the home located at 13016 Edgewater is $424,199.
What are some comparable homes to 13016 Edgewater?
There are currently no comparable homes to 13016 Edgewater.
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