$3,750,000
 $20,131 est/mo Sourced by Back At You

11955 27 Mile Rd,Washington, MI 48094

Washington, MI 48094

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Description

FULLY ENTITLED, SITE PLAN APPROVED AND FULLY ENGINEERED 56-LOT LUXURY RESIDENTIAL DEVELOPMENT IN PREMIER WASHINGTON TOWNSHIP. Yates View Estates is situated on approximately 36 acres in the highly coveted and rapidly growing Jewell Road corridor. Located along 27 Mile Road just east of Jewell Road and less than one mile from M-53, the property offers an increasingly rare opportunity to acquire substantial, development-ready residential lot inventory in one of northern Macomb County’s strongest new-construction markets. The approved development features 56 estate homesites with 85'+ lot widths, designed to support upscale single-family homes targeting approximately $850,000-$1,000,000+. Recent record-setting new-construction sales in the immediate market have exceeded $350/SF, while premium finished homesite values exceed $250,000 per lot, providing compelling underlying economics for builders, developers and investors. The surrounding corridor continues to experience significant residential investment, including an established national homebuilder presence and strong demand for higher-end new construction. Yates View Estates is FULLY ENTITLED, SITE PLAN APPROVED AND FULLY ENGINEERED, substantially reducing the entitlement risk, uncertainty and lead time typically associated with raw development land. Budgetary site-development quotes are on file together with an engineer-approved development cost estimate, providing prospective purchasers with increased visibility into anticipated horizontal development costs and overall project economics. The community is designed for CITY WATER AND CITY SANITARY SEWER, public roads and a fully engineered stormwater management system. The thoughtfully planned neighborhood also incorporates landscaped entry features, open space, preserved wetlands and natural buffers, creating a distinctive setting appropriate for the targeted luxury home product. With 56 approved luxury homesites, completed engineering, municipal utilities, strong surrounding home values and proven luxury-market

Details

MLS #20261064792
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site44
Listing Provided ByVanguard Realty Group | Michael A Dinello

Features

ZoningResidential
Acreage36.58
Water FrontYes

Interior

Cooling Yes / NoNo
Heating Yes / NoNo

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount1463

Area Information

StateMI
CountyMacomb
CityWashington
Zip Code48094
AreaWashington Twp
School DistrictRomeo
High SchoolRomeo
Listing VS Median (in 48094)
Price:
$3,750,000
low | high
Med:
$641,400
100% of Average
On site:
44
low | high
Med:
49
89.795918367347% of Average
Sourced by Back At You

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Learn More About This Property

StateMI
CountyMacomb
CityWashington
Zip Code48094
AreaWashington Twp
School DistrictRomeo
High SchoolRomeo
Listing VS Median (in 48094)
Price:
$3,750,000
low | high
Med:
$641,400
100% of Average
On site:
44
low | high
Med:
49
89.795918367347% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.812M - $4.687M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
11955 27 MILE RD Property Photo 1
$3,750,000
11955 27 Mile Rd
Washington, MI 48094
11900 27 Mile Road Property Photo 1
$339,900
11900 27 Mile Road
Washington Twp, MI 48094
Listing Updated: August 14, 2026 at 1:31:05 PM PDT