$325,000
Est. payment /mo
0.73 Acres Lot
Active
5511 Wright DR Troy, MI 48098
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Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Houghten Acres
MLS Listing ID 20261066604
Lot Size 0.730 Acres
Acres 0.73
Property Sub-Type ImprovedLand
Property Description
Welcome Builders, Investors, and Buyers! This is a rare opportunity to own an east-facing 3/4 of an acre lot located in highly desirable North Troy for $350,000. According to the city the building envelope is 65 x 95. This equals a 6,175 square footprint. The total square footage of all structures that can be built on the lot equals 9,539. The zoning is R1B. The front set back is 40 feet. The rear set back is 45 feet. One side set back has to be a minimum of 10 feet. Combined side set backs total 25 feet. The set back from the power lines is 15 feet. DTE can approve a reduction to that requirement. Buyer to verify all information with the city. The listing agent has the contact information. If you're looking to build a luxury custom home this property offers exceptional potential. Situated in a neighborhood where several original homes have been replaced with stunning custom residences exceeding 4,000 square feet, this property presents endless possibilities. Builders can take advantage of the oversized lot to construct a dream home. This is the perfect canvas to create your vision. The expansive backyard provides endless opportunities for outdoor entertaining, gardening, recreation, or simply enjoying the privacy of this oversized lot. Located in the award-winning Troy School District and served by Troy High School, Smith Middle School, and Martell Elementary School, this exceptional location also offers convenient access to major expressways, premier shopping, fine dining, and numerous parks and recreational amenities. Opportunities to own a property with this much potential in North Troy are few and far between. Bring your vision and make it a reality! Do not walk the property without permission from the listing agent. The house is currently occupied.
Location
State MI
County Oakland
Area Area02203Troy
Interior
Fireplace No
Exterior
Fence Fencing Allowed
Utilities Available AboveGroundUtilities
View Y/N No
Garage false
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Troy
Others
Senior Community false
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Listed by Cheryl L Waring of RE/MAX Eclipse Clarkston
NEARBY SCHOOL & BUSINESS
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