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Berrien 49127
3050 Ridgeway Path
$800,000
● Land - Off Market

3050 Ridgeway Path

Stevensville, MI 49127
bedrooms
Studio
bathrooms
0 Bath
$1,782,098
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

140 feet of pristine lakefront land on wide sandy private beach. This lakefront parcel has mature trees and sweeping views of azure vistas with stairs to expansive beach. Parcel measures 1.25 acres and ready for your new lifestyle! Walk to Tosi's restaurant for dinner or just drive 10 minutes to St Joseph. Any way you measure this is an exceptional buy at $975,000. Adjacent parcel also for sale MLS NO 14040100 - also associated with MLS NO 13029142.
Unit Size
-
Days on Market
-
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$266
HOA Dues
-
Year Built
-

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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 #14040247)

Price History

Date / Event Date Event Price
Mar 18, 2015 Sold
Premium
Sold
Jul 15, 2014 Listed by Farley Real Estate, Inc. $975,000
Listed by Farley Real Estate, Inc.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,855
  • Lot Size Depth Feet: 5,100
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001420
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: COM 495'N & 935' N89DEG31'W OF SE COR GOV'T LOT 1 IN SEC 16 T5S R19W TH S125'TH N89 DEG31'W 314.03'TO A MEANDER POINT TH N 0

Neighborhood

  • School District Name: Lakeshore School District
  • School Tax School District: LAKESHORE
  • Census Tract: 001500

Zoning

  • Zoning: LD

Geography

  • Assessors Map Reference: 016-1
  • District: 12
  • Parcel: 11-12-0016-0005-07-4
  • Lot: 1
  • Meridian: SEC 16 TWN 05S RNG 19W
  • Municipality: LINCOLN TWP
  • Latitude: 42.0409
  • Longitude: -86.5252

    Address

  • Full Address: 3050 Ridgeway Path
  • Legal Unit: 1
  • Address - House Number: 3050
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Path
  • State: MI
  • City Name: Stevensville
  • Carrier Code: R005
  • 4-Digit Zip Code: 9766
  • Zip Code: 49127

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $909,804
  • Initial Tax Delinquent Year: 2016

    Market Valuation

  • Market Total Value: $401,400
  • Market Land Value: $401,400

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $200,700
  • Assessed Land Value: $200,700
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

Rentals Near You

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MichRIC

Listed by: Judith Dillon-Farley, Farley Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 14040247
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 3050 Ridgeway Path built and last sold?
The property at 3050 Ridgeway Path was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3050 Ridgeway Path is $0.
What are some comparable homes to 3050 Ridgeway Path?
There are currently no comparable homes to 3050 Ridgeway Path.
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