Incredible development opportunity in Waterford Township! Pre-Approved Site Plan for a Multi Family Living Facility for 82 Units. Included in Sale are survey, a complete set of Construction Drawings & Material List, completed plans for sanitary, water, storm & earth work. This expansive 7.32-acre parcel features 400 feet of road frontage with 773 feet of scenic frontage along the Clinton River, providing a beautiful natural backdrop. Zoned R-M2 Multi-Family use, offering massive potential for a premium residential development or multi-family project. Utilities are highly accessible with both municipal water and sewer available at the street. Conveniently located just north of Highland Road (M-59), this prime location balances tranquil river views with easy access to local amenities, shopping, and major thoroughfares. Bring your builders and your vision to this rare, high-potential acreage!
Waterford, located between Pontiac Lake and Cass Lake, is a lake-country and suburban Pontiac neighborhood with a chain of inland lakes and a patchwork of wooded parks. The neighborhood’s character concentrates around the Dixie Hwy and M-59 corridor, where marinas, diners, bait shops, and local storefronts set a practical, on-the-water rhythm. Mid-century ranches and classic lake cottages sit alongside newer builds, with curving roads that follow shorelines and canals. Pontiac Lake State Recreation Area frames the area with trailheads, beaches, and broad water views. The Waterford Cultural Center adds a civic anchor with performances and community programming. Summers read as pontoon traffic and picnic tables; winters shift to quiet streets and frozen-lake horizons.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Unimproved land (no interior structures or finished spaces)
Heating & cooling
No heating
No cooling
Exterior features
Located on the Clinton River
Riverfront with river access and waterfront frontage
Paved road access
Wooded/undeveloped 7.32-acre parcel
Lot dimensions approximately 400 x 705 x 773 x 825
Zoned for residential and multifamily use
Home design
Property type: Land (Unimproved)
Parking
No on-site garage or parking structures (vacant land)
Construction
Vacant/unimproved lot (no structures or year built)
Utilities
Water available
Sewer available
Financial info
Annual tax: $2,638
Other
Directions: West of Crescent Lake, north of Highland Rd (M-59)
Electricity and solar
View estimated energy costs and solar savings for this home
Incredible development opportunity in Waterford Township! Pre-Approved Site Plan for a Multi Family Living Facility for 82 Units. Included in Sale are survey, a complete set of Construction Drawings & Material List, completed plans for sanitary, water, storm & earth work. This expansive 7.32-acre parcel features 400 feet of road frontage with 773 feet of scenic frontage along the Clinton River, providing a beautiful natural backdrop. Zoned R-M2 Multi-Family use, offering massive potential for a premium residential development or multi-family project. Utilities are highly accessible with both municipal water and sewer available at the street. Conveniently located just north of Highland Road (M-59), this prime location balances tranquil river views with easy access to local amenities, shopping, and major thoroughfares. Bring your builders and your vision to this rare, high-potential acreage!
REALCOMP #20261078610
Sep 29, 2026
Listed
$999,900
MiRealSource-MiMLS #60998297
Jun 9, 2026
Listing Removed
—
Jun 2, 2026
Listed
$999,900
REALCOMP #20261039983
Jun 9, 2026
Listing Removed
—
Jun 2, 2026
Listed
$999,900
MiRealSource-MiMLS #60350587
Apr 9, 2026
Listing Removed
—
Dec 13, 2025
Price Changed
$1,299,999
Aug 13, 2025
Price Changed
$1,499,999
May 20, 2025
Price Changed
$1,700,000
Oct 29, 2024
Listed
$1,999,999
REALCOMP #20240081009
Dec 12, 2025
Price Changed
$1,299,999
Aug 13, 2025
Price Changed
$1,499,999
May 20, 2025
Price Changed
$1,700,000
Oct 29, 2024
Listed
$1,999,999
REALCOMP #29122715
Jun 16, 2012
Listing Removed
—
Sep 16, 2009
Listed
$795,000
REALCOMP #28201512
Sep 15, 2009
Listing Removed
—
Dec 15, 2008
Listed
$999,999
Public Records
Jan 21, 2000
Sold
$280,000
Public Records
Sep 1, 1988
Sold
$189,900
Public Records
Nov 1, 1975
Sold
$55,000
Year
Property tax
Land + Additions
Assessment*
2022
$1,609 (+4.6%)
2021
$1,538 (+0.2%)
2020
$1,534 (−48.7%)
2019
$2,990 (+101.3%)
2018
$1,486 (+6.4%)
2017
$1,396
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Oakland County
APN
W -13-16-478-001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 2, 2026.
Historical weather
Waterford, MI • 48327
Average low and high temperatures (°F)
27°
14°
33°
18°
51°
30°
60°
40°
67°
48°
79°
60°
84°
66°
79°
60°
76°
54°
64°
44°
48°
35°
34°
22°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 3% for direct sun exposure in Waterford. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1727 Crescent Lake Rd
$880,428
$119K under list price of $1.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $1.1M.