341 PAYEUR Road, Ann Arbor, MI 48108

$1,300,000
List Price
$1,300,000
Status
ACTIVE
MLS#
20240049107
Short Sale
Yes
Subdivision
Pittsfield Charter Twp

Property Description

The property at 341 Payeur Road in Ann Arbor, Michigan sits on 2 plus Acres on the south side of Ann Arbor just off State Street. This 18-unit condominium development offers a blend of modern living and spacious outdoor environments. Each unit is thoughtfully designed to maximize comfort and functionality, featuring contemporary architecture, high-quality finishes, and energy-efficient systems. The development includes a dedicated parking space and an attached garage for each unit. The site has an existing 4000 square foot ranch house with six bedroom and two full baths. The property is presently zoned 401, Residential and will be rezoned R3, High Density Residential. This rezoning has already being processed by the Pittsfield Township Building Department. There will be three separate two-story buildings, which will include ten 1,700 square foot 2-bedroom condominiums and eight 2,000 square foot 3-bedroom condominiums for a total of 33,000 square feet. The condominiums are priced to be affordable without compromising on quality, making them an attractive option for first-time homebuyers, young families, and downsizing retirees. By utilizing efficient construction methods and sourcing cost-effective, high- quality materials, the development maintains lower overall costs. Additionally, the condominiums are designed with energy efficiency in mind, reducing utility bills for residents. Strategic planning ensures that essential amenities and conveniences are available within the community, minimizing the need for costly external services and transportation. This blend of thoughtful design and financial accessibility makes these condominiums a smart investment for a wide range of buyers. Located in a desirable neighborhood and minutes away from downtown Ann Arbor, residents will enjoy easy access to local shops, Briarwood Mall, Costco, Walmart, many dining, and recreational facilities, making it an ideal choice for those seeking a balanced lifestyle.

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Listing courtesy of Community Choice Realty Inc.