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1727 Crescent Lake Rd, Waterford, MI, 48327

$1,999,999

7.90 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontRiver Front
MLS #20240081009
Lot Size7.90 Acres
StatusActive

About 1727 Crescent Lake Rd

Exceptional vacant land with fully developed plans for an 82-unit independent senior living center! This property has been thoughtfully prepared, with the ground leveled and all necessary reviews completed. Sale includes comprehensive architectural and civil engineering plans, along with up-to-date permits. The site offers stunning riverfront views along Waterford's scenic riverwalk, making it an ideal setting for a vibrant and thriving community. Don’t miss this unique development opportunity—all the groundwork is complete, and breaking ground could be just around the corner!

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway Michigan
  • Office Phone: (734) 928-2888
  • Listing Agent: Chyna Slade

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Waterfront: River Front

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 7.90 Acres

Other

Directions Information:

  • Directions: W of Crescent Lake Rd, N of Highland Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
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Housing Market Comparison

See how this home compares to others in Waterford, MI.

Med. Sold Price

$266.1K

Med. Price/SqFt

$163

Avg. Days On Market

22

# of Sold Homes

61

1727 Crescent Lake Rd vs Waterford

50 DAYS ON ROCKET

+28 Days

$1,999,999

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Waterford, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240081009

Listing Office:

  • Office Name: Berkshire Hathaway Michigan
  • Office Phone: (734) 928-2888
  • Listing Agent: Chyna Slade

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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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.

Nearby Schools

school-card-donut-4335287
4
/10
  • Riverside Elementary School

  • 5280 Farm Rd

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-4335288
6
/10
  • Cooley Elementary School

  • 2000 Highfield Rd

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-4335289
4
/10
  • Knudsen Elementary School

  • 5449 Crescent Rd

  • 1.73 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,556. Typical income of Waterford, MI residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Waterford, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Waterford, MI?

Waterford's housing market is diverse, offering a range of options from charming single-family homes to convenient apartment complexes and townhouses. The architectural styles vary, with a noticeable presence of ranch-style homes, colonials, and contemporary designs. A significant portion of the housing stock was built during the post-war era, reflecting the town's growth during the mid-20th century. The homeownership rate in Waterford is robust, with a majority of residents owning their homes, while a smaller percentage of the population opts for rental living arrangements.

Is Waterford, MI a good place to live?

Waterford is known for its welcoming community and serene suburban feel. The town prides itself on its numerous lakes and waterways, which provide residents with ample opportunities for outdoor recreation and scenic beauty. Seasonal events and local festivals contribute to the area's sense of community, with residents coming together to celebrate and enjoy the town's offerings. The presence of well-maintained parks and community centers underscores Waterford's commitment to fostering a family-friendly environment.

Are things conveniently located in Waterford, MI?

The community is served by a solid educational system, including several public schools that cater to different age groups, as well as private educational options. Healthcare needs are met by local clinics and nearby hospitals that offer a range of medical services. Waterford's public library system supports lifelong learning with a variety of programs and resources. The town also features a selection of retail and dining options that reflect the local culture, with both chain stores and independent businesses present.

What does the transportation in Waterford, MI look like?

Transportation in Waterford is facilitated by a network of major roads and highways, making it convenient for residents to commute to nearby cities and towns. Public transportation services are available, providing connections to key areas within the community. The town also supports ride-sharing options for added convenience. While Waterford has areas that are pedestrian-friendly, the use of a personal vehicle is common for most residents. Efforts to improve walkability and bikeability are ongoing, enhancing the accessibility of local amenities.

Frequently Asked Questions About 1727 Crescent Lake Rd

What is the listing price of this property?

The listing price of 1727 Crescent Lake Rd property is $1,999,999.

What type of property is this?

The property 1727 Crescent Lake Rd is land located in Waterford, Michigan, 48327.

Is this property for sale now?

Active Listing: 1727 Crescent Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1727 Crescent Lake Rd is 7.90 acres.
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Rocket HomesMichiganOakland CountyWaterford483271727 Crescent Lake Rd

This home is located at 1727 Crescent Lake Rd in Waterford, MI and zip code 48327. This home sits on a 7.90 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $1,999,999.

Over 21 listings were sold over their listed price in November 2024 in Waterford, MI. In the same period over 28 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Waterford, MI between October 2024 and November 2024 increased by 1.2%. In November 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $266,187.

From Rocket Homes Real Estate and based on county public records data.

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