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Investment Highlights
- Significant Land Holding: Approximately 2.11 acres of gated, wooded land offering privacy and long-term value
- Flexible Improvement Potential: Suitable for renovation, redevelopment, or potential lot division (subject to approvals)
Executive Summary
Property Facts
| Price | $620,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 2.11 AC |
| Zoning | R-2 | ||
| Price | $620,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 2.11 AC |
| Zoning | R-2 |
1 Lot Available
Lot
| Price | $620,000 | Lot Size | 2.11 AC |
| Price Per AC | $293,838.86 |
| Price | $620,000 |
| Price Per AC | $293,838.86 |
| Lot Size | 2.11 AC |
Gated 2.11-acre wooded lot offering privacy, scale, and redevelopment potential—ideal for a custom estate, private compound, or possible lot division.
Description
This gated Southfield estate sits on approximately 2.11 acres of private, wooded grounds, offering a rare combination of scale, land, and redevelopment potential. The residence encompasses more than 11,000 square feet across two expansive levels, creating a substantial footprint rarely available in the area. Multiple living and gathering areas provide flexibility in layout and future design, while the presence of an indoor pool and recreation wing adds a distinctive amenity uncommon in residential properties of this type. An attached three-car garage is complemented by a separate auxiliary structure, suitable for storage, vehicles, or creative repurposing. The site’s size, configuration, and natural surroundings support a wide range of possibilities, from comprehensive renovation to complete redevelopment or construction of a custom estate. Positioned for privacy and long-term value, the property represents a compelling opportunity for investors, builders, or owner-users seeking to reimagine a landmark residential setting.
Property Taxes
| Parcel Number | 24-27-278-002 | Improvements Assessment | $456,000 |
| Land Assessment | $79,430 | Total Assessment | $535,430 |
Property Taxes
Presented by
20551 Norwood Dr S
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