Opportunity Knocks in Troy -- Ranch Home on a Rare Oversized Lot! Don't miss this incredible chance to own a piece of one of Metro Detroit's most desirable cities at an unbeatable price point. This 3 bedroom, 1.1 bath ranch sits on a generously sized lot in Troy, MI -- and the real value is in the land and the possibilities. Whether you're a seasoned flipper looking for your next project, a handy homeowner ready to roll up your sleeves and build equity, or a builder/developer with a vision, this property checks every box. Renovate and remodel to your taste, or tear down and build the custom dream home you've always wanted -- the lot size gives you the canvas to do it right. Ranch-style layout offers single-floor living with a functional floor plan ready for your personal touch. Priced to reflect the opportunity, this one won't last long in Troy's competitive market. 3 Bedrooms | 1 Full + 1 Half Bath Ranch Layout -- Single-Floor Living Large Lot -- Endless Potential Prime Troy Location Flip It, Remodel It, or Build New Priced for the Opportunity Bring your contractor, bring your architect, bring your vision -- the possibilities here are limitless. Properties like this in Troy rarely come available. Schedule your showing today before it's gone!
Opportunity Knocks in Troy — Ranch Home on a Rare Oversized Lot! Don't miss this incredible chance to own a piece of one of Metro Detroit's most desirable cities at an unbeatable price point. This 3 bedroom, 1.1 bath ranch sits on a generously sized lot in Troy, MI — and the real value is in the land and the possibilities. Whether you're a seasoned flipper looking for your next project, a handy homeowner ready to roll up your sleeves and build equity, or a builder/developer with a vision, this property checks every box. Renovate and remodel to your taste, or tear down and build the custom dream home you've always wanted — the lot size gives you the canvas to do it right. Ranch-style layout offers single-floor living with a functional floor plan ready for your personal touch. Priced to reflect the opportunity, this one won't last long in Troy's competitive market. 3 Bedrooms | 1 Full + 1 Half Bath Ranch Layout — Single-Floor Living Large Lot — Endless Potential Prime Troy Location Flip It, Remodel It, or Build New Priced for the Opportunity Bring your contractor, bring your architect, bring your vision — the possibilities here are limitless. Properties like this in Troy rarely come available. Schedule your showing today before it's gone!
MiRealSource-MiMLS #61004893
Aug 14, 2026
Pending
—
Aug 5, 2026
Contingent
—
Jul 18, 2026
Price Changed
$259,000
$93/sq ft
Jul 7, 2026
Price Changed
$279,000
$100/sq ft
Jun 23, 2026
Listed
$299,900
$108/sq ft
MiRealSource-MiMLS #60996839
Aug 14, 2026
Pending
—
Jul 18, 2026
Price Changed
$259,000
$93/sq ft
Jul 7, 2026
Price Changed
$279,000
$100/sq ft
Jun 10, 2026
Price Changed
$299,900
$108/sq ft
May 27, 2026
Listed
$350,000
$126/sq ft
Prime Troy Location | . 62 Acre | Value in the Land Rare opportunity to own a premier lot in one of Troy's most sought-after areas. This . 62-acre parcel offers the kind of blank-canvas potential that builders and visionaries dream about -- generous square footage in a market where buildable lots at this size are increasingly hard to find. The existing structure presents two paths forward: a full cosmetic renovation for those ready to roll up their sleeves, or a clean tear-down to build the custom home you've always envisioned from the ground up. Either way, the real asset here is the land itself -- positioned in a Troy address that speaks for itself. Whether you're a developer looking for your next project or a buyer ready to build the home of a lifetime, this lot delivers the location, the size, and the opportunity. Don't miss your chance to plant roots in one of Metro Detroit's premier communities.
REALCOMP #20261038717
Aug 14, 2026
Pending
—
Jul 18, 2026
Price Changed
$259,000
$93/sq ft
Jul 7, 2026
Price Changed
$279,000
$100/sq ft
Jun 9, 2026
Price Changed
$299,900
$108/sq ft
May 27, 2026
Listed
$350,000
$126/sq ft
Public Records
Jul 1, 1983
Sold
$59,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,413 (+2.3%)
2024
$2,360 (+5.5%)
2023
$2,236 (+10.2%)
2022
$2,029 (+1.6%)
2021
$1,997 (−2.3%)
2020
$2,045 (+0.8%)
2019
$2,030 (+1.1%)
2018
$2,007 (+1.8%)
2017
$1,971 (+0.7%)
2016
$1,958 (+1.5%)
2015
$1,929 (+0.5%)
2014
$1,919 (+2.3%)
2013
$1,875
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.62 Acres
Year renovated
—
Finished Sq. Ft.
1,390
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,390
Year built
1947
Style
Single Family Residential
County
Oakland County
APN
88-20-12-100-026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
R-1C
One-Family Residential District
The Master Plan recognizes that single-family residential neighborhoods are vital components of the City, and comprise the majority of the land area within the City. The intent of the R-1A through R-1E Districts is to provide areas for single-family dwellings with the primary distinction being a range of densities, implemented through varying lot sizes. The R-1A through R-1E Districts are further intended to preserve and improve upon the quality of residential neighborhoods while permitting a limited number of other compatible uses which support residential neighborhoods.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Communications tower
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 97° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Troy, MI • 48085 3873
Average low and high temperatures (°F)
28
16
34
20
52
31
61
41
68
48
81
60
85
66
81
62
78
57
66
46
49
37
36
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5860 John R Rd
$250,747
$8,253 under list price of $259K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $350K to $515K.