Address
55418 Pontiac Trail, South Lyon, MI
Price
$ 1,874,900
Property Attributes
  • MLS#24005137
  • TypeLot-Land
  • CountyOAKLAND
  • CitySouth Lyon
  • AreaLyon Twp
  • NeighborhoodLyon Twp
  • Zip48178
  • StyleAcreage
  • Taxes$ 3281
  • Price$ 1,874,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11.09 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

The BENEFIT of this Lyon Township Development Opportunity (South Lyon School District). 11 Acres of Prime Land on Pontiac Trail just east of Milford Road and near massive new developments. This LOT offers many opportunities and Lyon Township is ready to work with a developer on making something happen. Multi-Family, Apartments, Senior Living, Storage, Detached Condos, Retail, Light Industrial, Medical. The land is currently zoned R-0.3 Single Family Residential. This property is at the mecca of Lyon Township and New Hudson development. The Milford Road exit along I-96 is booming. Many large projects underway and more to come. This area offers CONVENIENCE to EVERYTHING: SHOPPING, SCHOOLS, PARKS, Downtown Wixom, Downtown Milford, New Hudson, Downtown South Lyon, Kensington State Park. The BENEFIT of this Lyon Township Development Opportunity (South Lyon School District). 11 Acres of Prime Land on Pontiac Trail just east of Milford Road and near massive new developments. This LOT offers many opportunities and Lyon Township is ready to work with a developer on making something happen. Multi-Family, Apartments, Senior Living, Storage, Detached Condos, Retail, Light Industrial, Medical. The land is currently zoned R-0.3 Single Family Residential. This property is at the mecca of Lyon Township and New Hudson development. The Milford Road exit along I-96 is booming. Many large projects underway and more to come. This area offers CONVENIENCE to EVERYTHING: SHOPPING, SCHOOLS, PARKS, Downtown Wixom, Downtown Milford, New Hudson, Downtown South Lyon, Kensington State Park. Appointment required to walk the property. City water / City Sewer nearby. Don't miss out on this excellent development opportunity.

Price History
1/30/2024 Listed $1,875,000
3/11/2024 1% - $1,874,900

General Features

Utilities None Connected,Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available
Possession Close Of Escrow
Township Lyon Twp
Property SubType Acreage
Tax Year 2022
Current Use Recreational,Hunting
County Oakland
Property Type Land
Association Amenities Other
Status Active
Directions Silver Lake to Pontiac Trail South to the Property
City South Lyon
High School District South Lyon
Zoning Description Commercial,Multi-Family,M
MLS Area Oakland County - 70
Lot Size Square Feet 483080.0
Waterfront Y/N No
Street Name Pontiac
Land Lease Y/N No
Tax Annual Amount 3281.0
Lease Renewal Y/N No
MLS Area Minor Oakland County - 70
Additional Parcels Y/N No
Rent Control Y/N No
Days on Market 104
Standard Status Active
Tax Assessed Value 27220
MobileHomeRemainsYN No
Legal Description T1N,R7E,SEC 3 PART OF NE 1/4 BEG AT PT DIST N 89-58-00 E 721.76 FT FROM N 1/4 COR,TH N 89-58-00 E 997.24 FT,TH S 37-04-00 W 721.55 FT,TH ALG CURVE TO RIGHT,RAD 666.78 FT,CHORD BEARS S 74-31-00 W 361
Senior Community None

Interior Features

Street Suffix Trail
Electric On Property Y/N No

Exterior Features

Lot Features Level,Buildable,Cleared,Tillable,Wooded,Corner Lot
Lot Size Area 11.09
Spa No
Lot Dimensions 393x270x212x275x176x550
OwnerPhone 248-938-0777
Lot Size Acres 11.09
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Lot-Land Average in 48178

Price
AVG $630K
$1.87M
Taxes
AVG $3,318
$3,281
Visits
AVG 97
114
Data Provided by Inside Real Estate®

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