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$3,750,000
38 Days On Site

11955 27 MILE RD
Washington Township, MI 48094

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
County:
Macomb

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248-213-8606
11955 27 MILE RD11955 27 MILE RD11955 27 MILE RD11955 27 MILE RD
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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

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Listing Snapshot
Price 
$3,750,000
Days On Site 
38 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
36.58 Acres
Year Built 
N/A
MLS® Number 
20261064792
Status 
Active
Property Tax 
$1,463
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
36.58
Cross Street 
27 Mile Rd & Jewell Rd
Property Sub Type 
Unimproved Land
Special Circumstances 
Standard
Utilities 
Sewer AvailableWater Available
Zoning 
Residential
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Community Features
MLS Area 
Area03041WashingtonTwp
School District 
Romeo
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Romeo
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Vanguard Realty Group: [email protected]



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Neighborhood & Commute
Source: Walkscore
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