27491 Pontiac Trail

About this home

The BENEFIT of this Multi-Family Zoned build-site...The BENEFIT of this Multi-Family Zoned build-site *** 3.30 Acres (Adjacent Lot also for Sale for Total of 5.50 MFH buildable acres) *** Located in Lyon Township with South Lyon Schools and South Lyon Mailing. Public Water at street, Public Sewer at street, Paved Road Access, Electric, Natural Gas, Cable. Excellent location, yet very convenient to South Lyon, New Hudson, Milford, Kensington State Park and other nearby areas. Paved road access to major freeways: I-96 and US-23 for easy commuting to Ann Arbor, Brighton, Lansing and beyond. Just minutes from shopping, community services, restaurants, parks, churches, schools, lakes, trails and so-on. This LOT offers an opportunity to build an investment income property that will lease out or resale quickly. VERY HARD TO FIND MULTI FAMILY ZONED LAND. Appointment required to walk the property. Don't miss out on this excellent development opportunity. Land Contract Terms Available.

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in South Lyon

Over the last 90 days, 144 homes sold in South Lyon for a median of $430,000, about $173 per square foot, and the typical one went under contract in 20 days. This home is listed at $595,000, and has been on the market 215 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent South Lyon sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $3,311 a year. A buyer who lives here would pay about $2,264 to $9,509 a year once the taxable value resets after the sale, at the 2025 homestead rate of 31.65 mills for Lyon Twp and South Lyon 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

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