INCREDIBLE 40 ACRE DEVELOPMENT OPPORTUNITY IN POPULAR WESTERN SCHOOL DISTRICT. Cleared & level landscape with an outstanding potential for Mixed Use/Multi-family Residential development. Located in the heart of Spring Arbor, home of renowned Spring Arbor University & between M-60 & King Roads. This ideal location is approximately 2 miles from Western High School & 1 mile from Bean & Warner Elementary Schools. Dearing Road is in a highly desired area of residential subdivisions, apartments, office and retail properties plus only minutes to I-94 for commuters. Over 1326 Feet of Paved Frontage. Natural gas, community water and sewer lines are available for connection at the road. Seller has preliminary plans for up to 99 residential dwellings. Let new homeowners explore the Failing Waters paved recreational trails for biking, walking & running with easy access. Additional 2.63 acres adjacent land potentially available with building that could serve as sales office & frontage on M-60. Current use is Agricultural.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX MID-MICHIGAN R.E.
Office Phone: (517) 788-2633
Listing Agent: Stephanie Bosanac-Mortimer
Lot Features
Lot Information:
Lot Size: 40.00 Acres
Other
Directions Information:
Directions: N of M60 & South of King Road
Price Information
Listing Price Info
Price Summary:
List Price: $500,000
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Housing Market Comparison
See how this home compares to others in Spring Arbor, MI.
This property is $230.2K more than the Median Sold Price in Spring Arbor, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Jackson Area Association of REALTORS®
MLS Number: #55021043160
Listing Office:
Office Name: RE/MAX MID-MICHIGAN R.E.
Office Phone: (517) 788-2633
Listing Agent: Stephanie Bosanac-Mortimer
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We're sorry, we currently don't have sales or tax history data for this listing.
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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
5
/10
Warner Elementary School
118 Star Rd
Distance between this listing and this school0.56 miles
Public District Grades KG-5
7
/10
Bean Elementary School
3201 Noble Rd
Distance between this listing and this school0.79 miles
Public District Grades KG-5
4
/10
Dibble Elementary School
3450 Kibby Rd
Distance between this listing and this school4.20 miles
Public District Grades KG-5
Nearby Schools
7
/10
Western Middle School
1400 S Dearing Rd
Distance between this listing and this school2.69 miles
Public District Grades 6-8
7
/10
Paragon Charter Academy
3750 McCain Rd
Distance between this listing and this school4.21 miles
Public Charter Grades KG-8
4
/10
Concord Middle School
405 S Main St
Distance between this listing and this school5.84 miles
Public District Grades 6-8
Nearby Schools
8
/10
Western High School
1400 S Dearing Rd
Distance between this listing and this school2.59 miles
Public District Grades 9-12
3
/10
Woodville Community Center
3950 Catherine St
Distance between this listing and this school4.88 miles
Public District Grades 9-12
3
/10
Concord High School
219 Monroe St
Distance between this listing and this school5.74 miles
The neighbors living near this home have an average income of $51,389. Most Spring Arbor, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About V/L S Dearing Rd
What is the listing price of this property?
The listing price of V/L S Dearing Rd property is $500,000.
What type of property is this?
The property V/L S Dearing Rd is land located in Spring Arbor, Michigan, 49283.
Is this property for sale now?
Active Listing: V/L S Dearing Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at V/L S Dearing Rd in Spring Arbor, MI and zip code 49283. This home sits on a 40.00 acre lot. It has been listed on Rocket Homes since December 24, 2019 and is currently priced at $500,000.
While more than 2 listings in Spring Arbor, MI in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Between September 2024 and October 2024, Spring Arbor, MI real estate market has seen decrease in the number of listings by 22.2%. Listings spent 37 days on the market in October 2024, and had a median list price of $269,750 during the same period.
From Rocket Homes Real Estate and based on county public records data.