Catylist Listing ID: | 30801287 |
Property Subtypes: | Residential (Single Family) |
Status: | Pending |
Gross Land Area: | 104.92 Acres |
Sale Price: | $3,500,000 |
Unit Price: | $33,358 Per Acre |
Adjacent Parcels Available: | Yes |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 9/28/2023 |
Phase 1 - SOLD (19.47 AC) Phase 2 - PENDING Located within the City of Chelsea limits, this approved PUD has 231 home sites with open spaces. Phase I of 40 fully permitted lots ready to build. Full City utility service with water and sewer. The Border to Border Trail is on the south side of Dexter Chelsea Rd. You can walk, bike or drive to downtown Chelsea where there are more parks, trails, shopping, restaurants, and the Purple Rose Theater. |
Finance Data Year | 2021 |
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Assessed Value - Total($) | $596,200 (Annual) |
Real Estate Taxes - Annual($) | $24,745 (Annual) |
Nearest MSA: | Ann Arbor |
County: | Washtenaw |
Submarket/Township: | Washtenaw W of 23 |
Taxing Authority: | City of Chelsea |
Tax ID/APN: | 06-07-06-360-006 |
Zoning: | PUD |
Property Located Between: | McKinley St. and Freer Rd. |
Property Visibility: | Excellent |
Legal Description: | M.D. L4589 P590 10/23/2006 LI 6-15A-2B-1A-1 "REMAINDER" COM AT SW COR SEC 6, TH N 01-10-30 W 48.25 FT, TH N 00-20-05 W 745.06 FT, TH N 88-47-05 E 1051.35 FT TO A POB, TH CONT N 88-47-05 E 193.79 FT, TH N 00-20-35 W 1240.56 FT, TH N 25-28-38 E 371.29 FT, TH N 71-11-10 E 651.91 FT, TH N 89-02-35 E 508.93 FT, TH N 88-36-55 E 435.13 FT, TH S 00-20-35 E 2581.30 FT, TH S 88-59-10 W 656.57 FT, TH S 88-59-25 W 661.36 FT, TH S 00-02-15 W 837.50 FT, TH S 89-52-55 W 199.71 FT TH 71.83 FT ALNG ARC OF CURV-LFT-RAD 4688.00 FT - CH - S 89-27-55 W 71.83 FT, TH N 00-52-15 W 834.96 FT, TH N 78-59-20 E 42.15 FT, TH N 00-12-55 E 391.27 FT, TH S 88-59-25 W 356.31 FT, TH N 00-55-10 W 406.20 FT TO THE POB. PT OF S 1/2 SEC 6, T2S-R4E. 104.92 AC. SPLIT ON 12/05/2006 FROM 06-07-06-360-005; |
Largest Nearby Street: | Dexter Chelsea Rd |
Feet of Frontage: | 199 |
Highway Access: | I-94, M-52 |
Airports: | DTW, Ann Arbor |
Site Description: | PUD approved. Phase I -40 lots fully permitted and ready to build. |
Area Description: | Chelsea, Michigan is a thriving small city in southeastern Michigan with an abundance of shopping, dining, entertainment, and local activities. Over the years, Chelsea has evolved into a diverse community, embracing its agricultural heritage, maintaining an active manufacturing base, and cultivating a vibrant art scene. The unique and lovely architecture that defines Chelsea is a treasure to be experienced. Streets, buildings, parks and businesses serve as reminders of Chelsea’s long history. Recently honored as a National Register of Historic Places designation, the downtown area abounds with history wherever you turn. Whether you are looking to stroll quaint Victorian neighborhoods, view historical Main Street architecture at its best, or delve deeper into the history of small town America, Chelsea has all that and more to offer. Chelsea’s thriving shopping district offers both residents and visitors alike the pleasant ambiance of tree-lined streets and cheerful storefronts. Visitors can stroll down historic Main Street, the home of specialty shops, gift boutiques, markets, restaurants, cafes, and visitor tours at Chelsea Milling, home of Jiffy Mix. The beautiful 25,000-acre Waterloo Recreation Area is literally at Chelsea’s doorstep. You can experience the beauty of Michigan’s unique wilderness, wildlife and geological wonders in this protected area. There nature enthusiasts can hike, ski, or bike miles of trails, spend a sunny afternoon fishing on one of many lakes, or experience the spectacle of the migrating sandhill cranes. Golfers can choose from more than 20 lush golf courses, all within a 20-minute drive. Families can enjoy a picnic and playgrounds and Timbertown, Pierce Park or Veteran’s Park. A commitment to the arts is an essential part of Chelsea’s vitality. Actor Jeff Daniels, an inaugural inductee in the Michigan Walk of Fame, is a founder of The Purple Rose Theater which showcases the work of nationally known playwrights, as well as the talents of equity-card actors. Chelsea Center for the Arts welcomes students of all ages to discover and nourish a love of art and music and features a yearly community art project. Chelsea counts outstanding educational and health care among its many valuable resources. The Chelsea School District’s excellent staff and high level of parental involvement prepare students of all ages for a bright future. The Chelsea Community Hospital, nestled in a beautiful, wooded setting, provides quality healthcare, including a Health and Wellness Center, a Head Pain Program, a Woman’s Health Center and ER services. For more than 100 years, Chelsea has been an ideal place for seniors to enjoy their lives. A diverse range of opportunities exist for seniors to experience art and music, volunteer, and join social groups all within a friendly small town atmosphere. Chelsea proudly offers several residential communities for seniors including the Chelsea Retirement Community and Silver Maples of Chelsea, which both offer beautiful campuses and a range of living options. With many organizations dedicated to providing senior services including the Chelsea Senior Center and the Chelsea Community Hospital, seniors can stay active and feel comfortable knowing that the full spectrum of resources are available within their community. |
Lot Frontage: | 199 |
Lot Depth: | 3418 |
Zoning Description: | SECTION 10.01 Planned Unit Development A. Purpose and Intent. The intent of this Section is to implement the provisions of Public Act 110 of 2006, as amended, authorizing the use of a Planned Unit Development (“PUD”) to allow regulatory flexibility in the consideration of proposed developments within the City consistent with the requirements of the City's Master Plan. It is the intent of the City that the standards of the zoning ordinance may be increased, decreased, waived, or otherwise modified under the provisions of this Section. The objectives of PUDs are as follows: (1) Provide flexibility in regulation of land development. (2) Encourage innovation in site planning and development, especially in housing. (3) Encourage the mixing of commercial, educational, and recreational facilities conveniently located in relation to housing. (4) Conserve natural features and encourage provision of open space. (5) Provide for the appropriate redevelopment or re-use of historic sites or parcels occupied by prior or obsolete non-residential uses. (6) Provide other recognizable benefits beyond those afforded by development which adheres to the minimum requirements of the underlying zoning classification applicable to the property. For full Zoning Ordinance visit: https://www.city-chelsea.org/Planning-Zoning |
Development Name: | Heritage Farms |
Topography: | Level |
Easements: | Preservation |
Easements Description: | Conservation easement on the open space. |
Soil Type: | Mixed |
Available Utilities: | Electric, Water, Gas, Sewer, Cable |
Water Service: | Municipal |
Sewer Type: | Municipal |
Proximity: | 1 mile | 3 miles | 5 miles |
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Total Population: | 4,944 | 4,944 | 16,752 |
Median Age: | 44.62 | 44.62 | 44 |
Households: | 2,224 | 2,224 | 6,448 |
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions. |