3485 Lake Michigan Drive NW #RPUD-1 $2,800,000

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    3485 Lake Michigan Drive NW #RPUD-1 Walker, MI 49534

    • 44.36 Acres
    • Land
    • MLS# 22019280
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    Views: 23 Days On Site: 48

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    Property Details

    Formerly the Lincoln Lawns Golf Course, low density single family approved residential undeveloped land in the City of Walker (Grandville Schools) w/ site plan in place with preliminary approval of 68 SF lots. Price includes undeveloped land based on $25,000 per lot, plus $16,176 per lot in cost sharing of developer costs attributable to SF. (See prelim. site budget attached). After purchase, buyer will incur additional costs for road continuation, water mains, retention ponds, engineering, platting and connections to existing roads etc. Seller has approval to build luxury multifamily adjacent to the property (RPUD-2) and is planning to break ground in the next few months. Please refer to attachments for further information and reach out to LA with any questions.

    Contact

    Rick Cowan

    Rick Cowan

    Real Estate Professional

    RE/MAX of Grand Rapids

    Cell: 616-836-5285

    Neighborhood

    49534 (Walker) Demographics

    38 Median Age
    616 Population Density (per sq. mile)
    42% College Educated
    $67,074 Estimated Median Income
    6,028 Estimated Total Home Owners
    2,992 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,206 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $319,000 Median Sales Price
    25 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,800,000
        5/20/2022 9:21:00 AM New in Database Source: Multiple Listing Service New Value: $2,800,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.