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Saugatuck 49453
540 Campbell Road
$878,000
● House - Off Market

540 Campbell Road

Saugatuck, MI 49453
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,545 Ft²
$1,186,878
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Beautifully renovated 1860's post and beam barn meticulously dismantled in Eaton Rapids, MI and reassembled on this historic farm site near Lake Michigan & Oval Beach in Saugatuck, MI. The custom designed 4500+ sq. ft. home is a blend of massive hand hewn oak beans with the clean modern elements of slate, glass, stone & steel. Radiant floor heat. Large, open living room opens to a gourmet kitchen area with plenty of space for entertaining.
Unit Size
4,545 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$193
Property Type
House
Property Taxes
$1,158
HOA Dues
-
Year Built
2006

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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 #20043279)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Sep 10, 2020 Listed by Keller Williams Lakeshore $878,000
Listed by Keller Williams Lakeshore
Feb 13, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,881
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Lot Size Depth Feet: 1,902
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 2,945
  • Building Area: 2,945
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,945
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT SE COR TH W 275' TH CONT W 131' TH N 200' TH E 109' TH N 23.15' TH E 22' TH S 223.15' TO POB SEC 8 T3N R16W (06).

Neighborhood

  • School District Name: Saugatuck Public Schools
  • School Tax School District: SAUGATUCK
  • Census Tract: 030800

Zoning

  • Zoning: P W R-1

Geography

  • District: 57
  • Parcel: 57-008-003-10
  • Meridian: SEC 08 TWN 03N RNG 16W
  • Municipality: SAUGATUCK CITY
  • Latitude: 42.6509
  • Longitude: -86.2136

    Address

  • Full Address: 540 Campbell Rd
  • Address - House Number: 540
  • Address - Street Name: Campbell
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Saugatuck
  • Carrier Code: R001
  • 4-Digit Zip Code: 9730
  • Zip Code: 49453

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $1,440,358

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 72
  • Final Value: 1,084,116
  • High Value: 1,303,829
  • Low Value: 864,403

    Market Valuation

  • Market Total Value: $830,800
  • Market Land Value: $167,400
  • Market Improvement Value: $663,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $415,400
  • Assessed Land Value: $83,700
  • Assessed Improvements Value: $331,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 13, 2006
  • Previous Sale Contract Date: Jan 19, 2006
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71
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 Saugatuck

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$493

Below Asking

0.04%

Average Days on Market

64

Average Home Size

2525 ft²

Average Home Age

69.3 years

Currently For Sale

12 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: Brian Wellman, Keller Williams Lakeshore
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20043279
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 540 Campbell Road built and last sold?
The property at 540 Campbell Road was built in 2006 and last sold on Sep 15, 2020 for $878,000.
How much is this home worth?
The estimated value of the home located at 540 Campbell Road is $0.
What are some comparable homes to 540 Campbell Road?
There are currently no comparable homes to 540 Campbell Road.
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