0 Masters Road
Riley, MI 48041
Unimproved Land · MLS # 20240081324 · Listing courtesy of Coldwell Banker Professionals
About this home
Incredible opportunity to own this gorgeous 20 acres of land to farm or build your dream home. Buyer to verify all information.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Riley
Over the last 90 days, 9 homes sold in Riley for a median of $330,000, about $212 per square foot, and the typical one went under contract in 16 days. This home is listed at $185,000, and has been on the market 729 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Riley sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $886 a year. A buyer who lives here would pay about $670 to $2,534 a year once the taxable value resets after the sale, at the 2025 homestead rate of 27.12 mills for Riley Twp and Memphis schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 7:39 PM.