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Approved SFR Development 27 Mile Road, Washington, MI 48094

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For Sale

$899,000

8.6 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 8.6 acres
    Lot size

Explore this Property

*Rare 8.56-Acre Approved Luxury Single Family Subdivision Development Site Washington Township, MI* An exceptional opportunity for developers and investors to acquire a fully approved and engineered 8.56-acre residential development site in the heart of Washington Township one of Macomb County s most desirable and supply-constrained luxury submarkets. Kingsridge Estates is a meticulously designed boutique community offering 14 premium wooded homesites, each featuring expansive 90- to 100-foot frontages ideally configured for upscale, single-family estate homes. All major entitlement work has been completed, including full site engineering, secured easements, and utilities available at the property line. Comprehensive due diligence materials are available and include wetland delineation, Phase I environmental assessment, geotechnical soil borings, woodland survey, landscape architecture plans, and civil engineering documents streamlining the path to vertical development. Strategically positioned along the Jewell Road growth corridor, the site offers seamless access to M-53 and is minutes from Stony Creek Metropark and the vibrant retail, dining, and lifestyle amenities along the 26 Mile Road corridor. This location supports strong buyer demand and exceptional absorption velocity for high-end new construction product. Recent comparable sales in the immediate area support end-home pricing in excess of $1 million, underscoring the strength of the market and the rare opportunity to deliver a luxury residential product in a highly coveted, low-inventory setting. Kingsridge Estates represents a turnkey development in a proven, affluent submarket ideal for capitalizing on continued demand for premium new construction homes in Northern Macomb County.
MLS# 20251010453

Courtesy Of Vanguard Realty Group, LLC
101 South Main Street, Rochester, MI 48307
(248) 650-6206

Property Features

  • Architecture Style
    Other
  • Lot Size
    8.6 Acres

Map and Directions

Directions to Approved SFR Development 27 Mile Road, Washington, MI 48094

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† 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.