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3485 Lake Michigan Drive NW, RPUD-1, Walker, MI 49534 (MLS# 22019280)


$2,800,000
3485 Lake Michigan Drive NW, RPUD-1
Walker, MI 49534
MLS# 22019280



3485 Lake Michigan Drive NW, RPUD-1, Walker, MI 49534
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Property Description
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.

Details
Maps
Documents
None
Current Price: $2,800,000
Location & Property Info
County: Kent
Street #: 3485
Street Name: Lake Michigan
Suffix: Drive
Unit #: RPUD-1
Post Direction: NW
State: MI
Zip Code: 49534
Zip (4): 5866
Cross Streets: Lake Michigan & Lincoln Lawns
Area: Grand Rapids - G
Sub-Area: G41 - Kent County
Municipality: City of Walker
Office/Contract Info
List Price: $2,800,000
Auction or For Sale: For Sale
List Price/Acre: 63119.93
Sub Agency Type: %
Buyer Agency: 3
Trans Coord Type: %
Listing Date: 2022-05-20
General Property Info
Property Sub-Type: Acreage
Lot Measurement: Acres
Lot Square Footage: 1932322
Lot Acres: 44.36
Lot Dimensions: see site plan
Road Frontage: 1
Waterfront: No
School District: Grandville
Tax Info
Tax ID #: 41-13-20-401-006
Taxable Value: 587600
SEV: 634900
For Tax Year: 2022
Annual Property Tax: 19231
Tax Year: 2021
Spec Assessment & Type: Unknown
Zoning: RPUD-1
Remarks & Misc
Directions: From Grand Rapids, travel west on Lake Michigan Drive to NEC of Lake Michigan Drive and Lincoln Lawns.
Legal: See attached legal description (attachments)
Status Change Info
Status: Active
Property Features
Current Use: Other
Lot Description: Buildable
Street Type: Public
Util Avail at Street: Electric; Natural Gas; Public Sewer; Public Water
Utilities Attached: None
Terms Available: Cash; Conventional
Mineral Rights: Unknown
Sale Conditions: None
Supplements
Seller is willing to entertain a "phased" purchase, or offers from multiple parties willing to potentially joint venture on this single family development.

Listing Office: Novosad Realty Partners

Listing Agent: Patricia Cornelius

Last Updated: November - 10 - 2022

3485 Lake Michigan Drive NW, RPUD-1, Walker, MI 49534 - MLS# 22019280
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.




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