About This Home
This land at 5511 Wright Drive in Troy, MI is listed for $325,000 (0.73 acres).
Key Features
- 0.73 acre lot
Welcome Builders, Investors, and Buyers! This is a rare opportunity to own an east-facing 3/4 of an acre lot located in highly desirable North Troy for $350,000. According to the city the building envelope is 65 x 95. This equals a 6,175 square footprint.
The total square footage of all structures that can be built on the lot equals 9,539. The zoning is R1B. The front set back is 40 feet. The rear set back is 45 feet. One side set back has to be a minimum of 10 feet. Combined side set backs total 25 feet.
The set back from the power lines is 15 feet. DTE can approve a reduction to that requirement. Buyer to verify all information with the city. The listing agent has the contact information. If you're looking to build a luxury custom home this property offers exceptional potential.
Situated in a neighborhood where several original homes have been replaced with stunning custom residences exceeding 4,000 square feet, this property presents endless possibilities. Builders can take advantage of the oversized lot to construct a dream home.
This is the perfect canvas to create your vision. The expansive backyard provides endless opportunities for outdoor entertaining, gardening, recreation, or simply enjoying the privacy of this oversized lot. Located in the award-winning Troy School District and served by Troy High School, Smith Middle School, and Martell Elementary School, this exce
ptional location also offers convenient access to major expressways, premier shopping, fine dining, and numerous parks and recreational amenities. Opportunities to own a property with this much potential in North Troy are few and far between. Bring your vision and make it a reality! Do not walk the property without permission from the listing agent. The house is currently occupied.
Location
5511 Wright Drive
Troy, MI 48098
Houghten Acres
Questions & Answers
This 0-bedroom, 0-bathroom land at 5511 Wright Drive is listed at $325,000. The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.73 acre lot.
This property is listed by Cheryl L Waring and can be reached at 2482405618.

