Looking to build your dream home? This could be the opportunity you have been waiting for! You could have your builder build the home of your dreams on this 23.8 acres of cleared land. There is and endless possibilities with this property. From have a horse farm and growing your crops to developing a small sub of 10 homes. This property is currently zoned agricultural. The purchaser has the possibility to divide the land into smaller lots with 150-foot frontage. Great location that sits between Ann Arbor, Plymouth, Novi, and Brighton. So what will it be? Make your dreams come true!
Property Details
Property Features
Listing Office:
Office Name: Preferred, Realtors® Ltd
Office Phone: (734) 459-6000
Listing Agent: Bruce Webb
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 23.80 Acres
Other
Directions Information:
Directions: South off od Five Mile, property on the East side of road.
Price Information
Listing Price Info
Price Summary:
List Price: $500,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in South Lyon, MI.
This property is $40K more than the Median Sold Price in South Lyon, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240083310
Listing Office:
Office Name: Preferred, Realtors® Ltd
Office Phone: (734) 459-6000
Listing Agent: Bruce Webb
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,563
Per Month
Principal & Interest
$2,496
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,566
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Salem Elementary School
7806 Salem Rd
Distance between this listing and this school3.01 miles
Public District Grades KG-5
9
/10
Ridge Wood Elementary School
49775 6 Mile Rd
Distance between this listing and this school5.09 miles
Public District Grades KG-5
5
/10
Sayre Elementary School
23000 Valerie St
Distance between this listing and this school5.27 miles
Public District Grades KG-5
Nearby Schools
7
/10
Millennium Middle School
61526 9 Mile Rd
Distance between this listing and this school5.03 miles
Public Magnet Grades 6-8
5
/10
Centennial Middle School
62500 9 Mile Rd
Distance between this listing and this school5.09 miles
Public District Grades 6-8
10
/10
Plymouth Scholars Charter Academy
48484 N Territorial Rd
Distance between this listing and this school5.36 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
New School High School
46250 Ann Arbor Rd W
Distance between this listing and this school6.65 miles
Public Charter Grades 9-12
8
/10
South Lyon High School
1000 N Lafayette St
Distance between this listing and this school6.75 miles
Public District Grades 9-12
9
/10
South Lyon East High School
52000 10 Mile Rd
Distance between this listing and this school6.79 miles
The neighbors living near this home have an average income of $74,725. Typical income of South Lyon, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0000 Tower Rd
What is the listing price of this property?
The listing price of 0000 Tower Rd property is $500,000.
What type of property is this?
The property 0000 Tower Rd is land located in South Lyon, Michigan, 48178.
Is this property for sale now?
Active Listing: 0000 Tower Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0000 Tower Rd in South Lyon, MI and zip code 48178. This home sits on a 23.80 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $500,000.
While more than 12 listings in South Lyon, MI in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 23 were sold below. Between September 2024 and October 2024, South Lyon, MI real estate market has seen increase in the number of listings by 7.1%. In October 2024 median list price was $460,000 and the average listing age was 55 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Hunting
Hunting
Figure Skating
NASCAR
Dick's Sporting Goods
Dillards
Dollar General
Texas Roadhouse
Cracker Barrel
Applebees
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country