10 months on rocket

55418 Pontiac Trl, South Lyon, MI, 48178

$1,875,000

11.09 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #24005137
Lot Size11.09 Acres
StatusActive

About 55418 Pontiac Trl

The BENEFIT of this Lyon Township Development Opportunity (South Lyon School District). 11 Acres of Prime Land on Pontiac Trail just east of Milford Road and near massive new developments. This LOT offers many opportunities and Lyon Township is ready to work with a developer on making something happen. Multi-Family, Apartments, Senior Living, Storage, Detached Condos, Retail, Light Industrial, Medical. The land is currently zoned R-0.3 Single Family Residential. This property is at the mecca of Lyon Township and New Hudson development. The Milford Road exit along I-96 is booming. Many large projects underway and more to come. This area offers CONVENIENCE to EVERYTHING: SHOPPING, SCHOOLS, PARKS, Downtown Wixom, Downtown Milford, New Hudson, Downtown South Lyon, Kensington State Park. The BENEFIT of this Lyon Township Development Opportunity (South Lyon School District). 11 Acres of Prime Land on Pontiac Trail just east of Milford Road and near massive new developments. This LOT offers many opportunities and Lyon Township is ready to work with a developer on making something happen. Multi-Family, Apartments, Senior Living, Storage, Detached Condos, Retail, Light Industrial, Medical. The land is currently zoned R-0.3 Single Family Residential. This property is at the mecca of Lyon Township and New Hudson development. The Milford Road exit along I-96 is booming. Many large projects underway and more to come. This area offers CONVENIENCE to EVERYTHING: SHOPPING, SCHOOLS, PARKS, Downtown Wixom, Downtown Milford, New Hudson, Downtown South Lyon, Kensington State Park. Appointment required to walk the property. City water / City Sewer nearby. Don't miss out on this excellent development opportunity.

Property Details

Property Features

Listing Office:

  • Office Name: Brandt Real Estate
  • Office Email: Info@Brandt-RealEstate.com
  • Listing Agent: Keith Brandt

Lot Features

Lot Information:

  • Lot: Level, Cleared, Farm, Wooded, Corner Lot
  • Lot Size: 11.09 Acres

Other

Directions Information:

  • Directions: Silver Lake to Pontiac Trail South to the Property

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,875,000
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Housing Market Comparison

See how this home compares to others in South Lyon, MI.

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South Lyon, MI

City

Med. Sold Price

$479.8K

Med. Price/SqFt

$176

Avg. Days On Market

25

# of Sold Homes

31

55418 Pontiac Trl vs South Lyon

322 DAYS ON ROCKET

+297 Days

$1,875,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M 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: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24005137

Listing Office:

  • Office Name: Brandt Real Estate
  • Office Email: Info@Brandt-RealEstate.com
  • Listing Agent: Keith Brandt

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:21:03 PM 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

$9,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,688

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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-4254508
6
/10

  • Kent Lake Elementary School

  • 30181 Kent Lake Rd

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-4254509
5
/10

  • Ann L. Dolsen Elementary School

  • 56775 Rice St

  • 1.99 miles

  • Public District Grades KG-5

school-card-donut-4254510
6
/10

  • Willam A. Pearson Elementary School

  • 57900 11 Mile Rd

  • 2.45 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,146. The majority of South Lyon, MI residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55418 Pontiac Trl

What is the listing price of this property?

The listing price of 55418 Pontiac Trl property is $1,875,000.

What type of property is this?

The property 55418 Pontiac Trl is land located in South Lyon, Michigan, 48178.

Is this property for sale now?

Active Listing: 55418 Pontiac Trl is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 55418 Pontiac Trl is 11.09 acres.
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Rocket Homes›Michigan›Oakland County›South Lyon›48178›55418 Pontiac Trl

This home is located at 55418 Pontiac Trl in South Lyon, MI and zip code 48178. This home sits on a 11.09 acre lot. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $1,875,000.

Over 15 listings were sold over their listed price in November 2024 in South Lyon, MI. In the same period over 12 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in South Lyon, MI decreased by 5.6% between October 2024 and November 2024. In November 2024 median list price was $479,854 and the average listing age was 25 days.

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

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