$1,795,000
39.95 acres
42.7675387 -83.164431
FOR SALE

1215 Stoney Creek Road Oakland Twp, MI 48363

$1,795,000

Est. Monthly $7,098 with $8,952 in taxes recalculate
39.95 acres
 

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Thomas Nelson
Thomas Nelson CENTURY 21 Sakmar & Associates
129 East University
Rochester, MI 48307
248-652-7700
248-652-7700
CENTURY 21 Sakmar & Associates
129 East University Rochester, MI 48307
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1215 Stoney Creek Road
Oakland Twp, MI 48363

Explore This Property

Vacant Land (10+ Acres) - Exceptional 40 acre development site, with multiple walkout elevations and desirable pond sites in sought after Rochester School District on

paved Stoney Creek Road. Natural gas at road. Across from new subdivision development. Myth Golf Course is just across the road.

Township density for this property is 1.4-acre low residential density which adds great development potential. Currently has a 3 bed, 2 bath

home on the property vacant with tenants just moved out. Could be rented for $1,750 to $2,000 per month which would be a great asset for

investment holding or during planning and development. Also has a 5 year renewable lease of negligible .012 acres with Verizon for $1,700

per month providing a continuous cash flow (value with a cap rate of 6% value is $283,000). Rare investment opportunity for development,

short term residential lease and long-term cash flow from Verizon lease.
MLS # 2210055787
Listed By CENTURY 21 Sakmar & Associates
129 East University, Rochester, MI 48307

Property Features

  • Area Amenities: Golf, Outdoor Activities
  • Lot Description: Possible Subdivision
  • Lot Size: 20-50 Acres, 39.95 Acres
  • Property Description: Acreage
  • Sewer: Septic
  • Special Market: NewHomes
  • Style: Not Applicable
  • Water: Well
  • Zoning: Residential

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $7,098Your estimated monthly payment
    $359,00020% Down Payment
    $1,795,000 $1,436,000 $8,952
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School

    BALDWIN ELEMENTARY SCHOOL
    Grades K-5 | Public School

    Rochester, MI 48306
    4325 BANNISTER RD
    248-726-3200
    2.2
    miles

    Total Students 448
    Student Teacher Ratio 13:1

    School Rating

    5 stars View School Details

    Middle School

    HART MIDDLE SCHOOL
    Grades 6-8 | Public School

    Rochester, MI 48306
    6500 SHELDON RD
    248-726-4500
    5.1
    miles

    Total Students 1150
    Student Teacher Ratio 22:1

    School Rating

    5 stars View School Details

    High School

    STONEY CREEK HIGH SCHOOL
    Grades 9-12 | Public School

    Rochester, MI 48306
    6755 SHELDON RD
    248-726-5700
    5.3
    miles

    Total Students 1556
    Student Teacher Ratio 21:1

    School Rating

    5 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Oakview Middle School 1.6 mi Public 6-8
    Rcs Caring Steps Children's Center 2.2 mi Public PRESCHOOL-PRESCHOOL
    Delta Kelly Elementary School 2.5 mi Public K-5
    Premier Academy - Oakland 2.8 mi Private PRESCHOOL-K
    Oak Arbor Church School 2.9 mi Private PRESCHOOL-8
    Upland Hills School 3.0 mi Private PRESCHOOL-8
    Hugger Elementary School 3.4 mi Public K-5
    Blanche Sims Elementary School 3.8 mi Public K-5
    Stadium Drive Elementary School 3.8 mi Public K-5
    Eagle Creek Academy 3.8 mi Private PRESCHOOL-8
    Lake Orion Community High School 3.9 mi Public 9-12
    Learning Options High School 3.9 mi Public 9-12
    Scripps Middle School 4.0 mi Public 6-8
    Lake Orion Baptist School 4.1 mi Private K-12
    Hamilton Parsons Elementary School 4.2 mi Public K-5
    Musson Elementary School 4.5 mi Public PRESCHOOL-5
    St Joseph School 4.5 mi Catholic PRESCHOOL-8
    Brewster Elementary School 4.6 mi Public K-5
    Divine Grace Lutheran School 4.6 mi Private PRESCHOOL-8

    Local Area Information for Oakland, MI 48363

    Median Age: 47.6
    Married: 53.6%
    Number of Households: 2,173
    Households with Children: 728
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
      This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      The Vacant Land (10+ Acres) located at 1215 Stoney Creek Road, Oakland Twp, MI 48363 is currently for sale. 1215 Stoney Creek Road, Oakland Twp is listed by CENTURY 21 Real Estate for $1,795,000. If the property located at 1215 Stoney Creek Road, Oakland Twp, MI isn't what you're looking for, search Michigan real estate to see other houses for sale in Oakland.
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