WashingtonTownship_Macomb Michigan 48094

WashingtonTownship_Macomb, Michigan, 48094
$3,750,000

Basics

Status Category Type Area, sq ft 0 sq ft
MLS ID 20261064792 Date added Added 2 weeks ago Lot Size Acres 36.58 acres Address WashingtonTownship_Macomb, Michigan, 48094

Description

  • Description:

    FULLY ENTITLED, SITE PLAN APPROVED AND FULLY ENGINEERED 56-LOT LUXURY RESIDENTIAL DEVELOPMENT IN PREMIER WASHINGTON TOWNSHIP. Yates View Estates is situated on approximately 36 acres in the highly coveted and rapidly growing Jewell Road corridor. Located along 27 Mile Road just east of Jewell Road and less than one mile from M-53, the property offers an increasingly rare opportunity to acquire substantial, development-ready residential lot inventory in one of northern Macomb County’s strongest new-construction markets. The approved development features 56 estate homesites with 85'+ lot widths, designed to support upscale single-family homes targeting approximately $850,000-$1,000,000+. Recent record-setting new-construction sales in the immediate market have exceeded $350/SF, while premium finished homesite values exceed $250,000 per lot, providing compelling underlying economics for builders, developers and investors. The surrounding corridor continues to experience significant residential investment, including an established national homebuilder presence and strong demand for higher-end new construction. Yates View Estates is FULLY ENTITLED, SITE PLAN APPROVED AND FULLY ENGINEERED, substantially reducing the entitlement risk, uncertainty and lead time typically associated with raw development land. Budgetary site-development quotes are on file together with an engineer-approved development cost estimate, providing prospective purchasers with increased visibility into anticipated horizontal development costs and overall project economics. The community is designed for CITY WATER AND CITY SANITARY SEWER, public roads and a fully engineered stormwater management system. The thoughtfully planned neighborhood also incorporates landscaped entry features, open space, preserved wetlands and natural buffers, creating a distinctive setting appropriate for the targeted luxury home product. With 56 approved luxury homesites, completed engineering, municipal utilities, strong surrounding home values and proven luxury-market

Building Details

  • Basement YN: No
  • Sewer: SewerAtStreet
  • Garage YN: No

Location

Amenities & Features

  • Waterfront YN: No
  • Fireplace YN: No
  • Pool YN: No
  • WaterSource: WateratStreet

Financial

  • Homestead YN: No

School Information

  • High School District: Romeo

Miscellaneous

  • Listing Terms: Cash, Conventional

Courtesy of

  • List Office Name: Vanguard Realty Group

Ask an Agent About This Home

Phone
By clicking the «REQUEST INFO» button you agree to the Terms of Use and Privacy Policy
This style property is located in WashingtonTownship_Macomb is currently and has been listed on Household Real Estate. This property is listed at $3,750,000. It has bedrooms, bathrooms, and is 0 sq ft. The property was built in .

Share this property

Copy

Or share with

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

Phone

Buyers will use it to contact you.

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

Sign up with email