3597 Mitchell
Elba Twp, MI, 48446 $ 399,000
Baths0.0 Monthly Estimate*
$ 2,652
Studio Lots and Land for sale in Elba Twp, MI
for $399,000. The lot size is 14.14.
Introducing an unparalleled opportunity on the shores of Lake Lapeer, where luxury living meets boundless potential. This splittable elite lot on private all-sports Lake Lapeer is a one-of-a kind lot located on a beautiful 365-acre private Man-made Lake/Reservoir. The Reservoir has dam boards that are put in and taken out annually to control the lake levels. This Lake is the magnificent setting for approximately 350 Homeowners that maintain a safe, friendly and active Community in this residential area. Many homeowners enjoy participating in a Neighborhood Watch program to bring neighbors together and participate in activities such as pot lucks, block parties, boat parades, trick-or-treating and more! Nestled within the well known and prestigious Turtle Bay enclave, you'll find a weed free shoreline and an existing unique, custom built, 20' X 28', two-level aluminum frame dock in place just waiting for new owners. This highly sought after portion of the lake offers calm waters, incredible sunsets, and the serenity that people dream about! What truly sets this property apart is its potential for subdivision, allowing for the creation of TWO distinct parcels, each encompassing 1.1 acres of prime lakefront real estate offering the canvas for your dream home(s) to become a reality. The seller, recognizing the unique allure of this offering, is willing to entertain the possibility of dividing the land, with one parcel designated as the more desirable option, commanding a premium price, while the other will be priced accordingly. Whether you envision a sprawling estate or prefer the allure of a more intimate retreat, the choice is yours. Moreover, the Seller is open to creative financing terms, including the possibility of a land contract. Down payments, interest rates, and monthly payments are all negotiable, ensuring that the acquisition process can be tailored to mutually meet both of your needs and preferences. Lots like this just don't exist anymore so don't miss y
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FeaturesGeneralSewer Other/None
Waterfront Description Water Front
Zoning Residential
Property Type Vacant Land
Subdivision Name LAKE LAPEER LAKE FRONT
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 430
MLS Area Elba Twp
City Elba Twp
Terms Offered Cash Contract
School District Lapeer
Land Contract 1
Ownership Status Short Sale - No Private Owned
Assessment 1409.00 and Special Assessment
DOM 430
Taxes 1133.2700
HOA Fee Number 230
Legal Description 08 51 500 000 00 SEC 35 T7N R9E COM S 0 DEG 08' W 789.50 FT FROM E 1/4 POST TH W 410 FT TH N 0 DEG 08' E 351.50 FT TH W 1095 FT TH S 250 FT THE 541 FT TH N 0 DEG 08' E 120 FT TH E 454 FT TH S 0 DEG 0
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ExteriorWaterfront 1
Waterfront Name Lake Lapeer
Lot Size Area 14.14
Water Source None
WaterFront Features All Sports Lake Dock Facilities
Lot Size Dimensions 416 x150
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Internal OnlyOriginating MLS East Central Association of REALTORS®
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* Excluded FeaturesList ByRebeca Anderson GartyListing Agent
Keller Williams FirstBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,652
- Monthly Property Taxes
- $94
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
848237 Elementary School
848528 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/26/2024 | $399,000 | -11.14% | Price Down |
5/10/2024 | $449,000 | -6.44% | Price Down |
3/22/2024 | $479,900 | -3.83% | Price Down |
10/19/2023 | $499,000 | -13.82% | Price Down |
8/31/2023 | $579,000 | -3.34% | Price Down |
2/5/2023 | $599,000 | | Listed Price |