Water Hill Land Lot for Sale

/8
$549,000
- Land
- 0.24 Acre
- $2,287,500 per Acre
601 Cressfield Ln, Ann Arbor, MI 48103

Welcome to this spectacular property in the highly desirable Water Hill neighborhood of Ann Arbor. The existing home can be renovated or vastly expanded upon with an addition. With driveway access from both Cressfield Lane and Fountain Street, there is tremendous opportunity for development. The Fountain Street side allows for the construction of an Accessory Dwelling Unit with its own separate

Carson Alexander-White Bob White Realty

601 Cressfield Ln, Ann Arbor, MI 48103

Michigan Ann Arbor Water Hill

Home Trends in Water Hill, MI

On average, homes in Water Hill, Ann Arbor sell after 54 days on the market compared to the national average of 70 days. The median sale price for homes in Water Hill, Ann Arbor over the last 12 months is $435,000, up 75% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$435,000

Median Single Family Sale Price

$669,888

Median 2 Bedroom Sale Price

$164,990

Median 1 Bedroom Sale Price

$53,000

Average Price Per Sq Ft

$242

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.90

Median List Price

$642,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

75%

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