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368 N Jebavy Dr, Ludington, MI, 49431

--beds
--baths
--sqft
$53,900
--price/sqft
$524/moest. monthly cost
$20,960/yrincome needed

About This Home

This 0.95-acre pad-ready parcel on N. Jebavy Drive offers the kind of utility-ready, high-visibility positioning that is increasingly difficult to find along Mason County's primary commercial corridor. Located just minutes from downtown Ludington and the Lake Michigan shoreline, this stretch of N. Jebavy Drive serves a year-round residential base and a robust seasonal population -- the kind of sustained, mixed-traffic market that supports professional and service businesses at every stage of growth. With an AADT of 14,380 and direct frontage on one of the area's most-traveled routes, the site delivers the daily exposure that client-facing operations depend on. All major utilities are available at the road -- city water, city sewer, natural gas, electric, and high-speed internet -- eliminating the infrastructure lead time that adds cost and delays to most ground-up commercial builds. Two existing curb cuts are already in place, offering flexibility in site access configuration and traffic flow planning. The parcel is level and clear, with no significant grading or clearing requirements, making it a straightforward build-to-suit opportunity for the right operator or developer. Zoned P-S Professional Services under Pere Marquette Township, the district supports a broad range of permitted uses including medical and dental clinics, financial and insurance offices, legal and consulting practices, personal service businesses, health and fitness facilities, and decorator offices with showroom space. The zoning is intentionally designed for established, client-facing operations that require both visibility and a professional built environment. At just under an acre with strong traffic counts, utility infrastructure in place, and a permitted use framework that aligns with high-demand professional service categories, this site is positioned for a buyer ready to build. Buyers are encouraged to verify permitted uses for their intended business type with Pere Marquette Township prior to closing.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

7/10
7/10
8/10
Ludington High SchoolGrades 9-120.9 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Office

Property

Details

  • Parcel number: 01001310000200
  • Zoning description: P-S

Lot

  • Lot size: 0.95 Acres
  • Features: Level,Buildable,Cleared
  • Lot size dimensions: 150 x 275

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Strong Wind
Cold Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Mason County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $272$3,264
Home Insurance *$20$240
Property Taxes $44$528
Electricity $188$2,259
Total$524$6,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$17,965/yr
40% on housing$15,720/yr
45% on housing$13,973/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 49431$182
Mason County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 49431$176
Mason County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-16Listed for sale$53,900
2026-01-16Listing removed$53,900
2025-09-08Listed for sale$53,900
2025-08-21Contingent$53,900
2023-12-18Listed for sale$53,900
2023-12-04Listing removed--
2021-03-26Listed for sale$58,000
2021-01-15Listing removed--
2019-01-11Listed for sale$69,900
2012-11-23Listing removed$45,900
2012-08-01Price change$45,900
2011-05-18Listed for sale$80,000
2010-12-09Listing removed$229,900
2010-10-23Listed for sale$229,900

For Sale by Agent

AgentRaquel Rae Kosloskey
BrokerageLIGHTHOUSE REALTY-Ludington

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