53183 Maranatha Lane
Milford, MI 48393
Unimproved Land · MLS # 20261033596 · Listing courtesy of Den Real Estate Group
About this home
Rare opportunity to purchase a buildable 1.18 acre lot in a private cul-de-sac bordering Lyon Oaks! Natural gas has been brought into the area, as well as all other utilities. Location and privacy, surrounded by mature trees and wild turkeys. This location is in the center of some of the best outdoor recreation in SE MI for outdoor lovers as well as the brunch, shop and walk downtown gallivanters. Just west is Kensington Metropark, a little more west is Island Lake, just north is downtown Milford, Proud Lake Recreation, Just East is Lyon Oaks, Downtown Wixom and Walled Lake. Easy trip to Downtown South Lyon, Maybury State Park and shopping at 12 oaks. This is a dream location for someone who wants to be outdoors, but also connected to city life and the freeway. Grow a garden, but grab a Frosty and fries around the corner if you want it.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Milford
Over the last 90 days, 84 homes sold in Milford for a median of $512,025, about $225 per square foot, and the typical one went under contract in 21 days. This home is listed at $174,900, and has been on the market 103 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Milford sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,242 a year. A buyer who lives here would pay about $811 to $2,795 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
Similar homes in Milford
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