Price Reduction
Address
5511 Wright Drive, Troy, MI
Price
$ 325,000
Property Attributes
  • ID#61019959
  • TypeSingle Family
  • Listing Status Active
  • CountyOAKLAND
  • CityTroy
  • AreaTroy
  • NeighborhoodHoughten Acres
  • Zip48098
  • StyleRanch
  • Year Built1955
  • Taxes$ 4101
  • Price$ 325,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1796
  • Lot Size0.73 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Welcome Builders, Investors, and Buyers! This is a rare opportunity to own an east-facing home on a sprawling 3/4 acre lot in highly desirable North Troy for under $400,000. Whether you're looking to build a luxury custom home or renovate and expand an existing residence, this property offers exceptional potential. Situated in a neighborhood where several original homes have been replaced with stunning custom residences exceeding 4,000 square feet, this property presents endless possibilities. Builders can take advantage of the oversized lot to construct a dream home, while homeowners can renovate the existing sprawling ranch or add a second story to dramatically increase the living space. This is the perfect canvas to create your vision. Many of the major improvements have already been completed, including a new roof (2013), refinished hardwood floors in the living room and one bedroom, new bedroom carpeting, and new linoleum flooring in the foyer and breezeway (2015), boiler (2018), whole-house generator (2020), wood privacy fence (2024), and new siding, kitchen flooring, and dishwasher (2025). The expansive backyard provides endless opportunities for outdoor entertaining, gardening, recreation, or simply enjoying the privacy of this oversized lot. Located in the award-winning Troy School District and served by Troy High School, Smith Middle School, and Martell Elementary School, this exceptional location also offers convenient access to major expressways, premier shopping, fine dining, and numerous parks and recreational amenities. Opportunities to own a property with this much potential in North Troy are few and far between. Bring your vision and make it a reality!

Price History
8/11/2026 Listed $350,000
9/1/2026 8$325,000

General Features

Heating Baseboard,Hot Water
Kitchen Level Entry
Cooling Ceiling Fan(s),Window Unit(s),Attic Fan
Possession Negotiable (Possession)
Fireplaces LivRoom Fireplace,Wood Stove
Garage Attached Garage,Electric in Garage,Gar Door Opener,Direct Access
Water Public Water
Appliances Dishwasher,Disposal,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Status Active
Full Baths 2
Bathrooms 2
Year Built 1955
Pets Allowed Yes
Subdivision Houghten Acres
Water Heater Gas
Style Ranch
County Oakland
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Troy (63202)
Primary City Troy
Directions Square Lake to Houghton South to Habrand East to Wright South
City Troy
School District Troy School District
Lease Y/N No
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional,FHA,VA
Legal Description T2N,R11E,SEC 9 HOUGHTEN ACRES N 6.11 FT OF LOT 49 & ALL OF LOT 50
DOM 38
Postal Code 48098
Price Per Sq Ft Total AG 180.96
Public Remarks Welcome Builders,Investors,and Buyers! This is a rare opportunity to own an east-facing home on a sprawling 3/4 acre lot in highly desirable North Troy for under $400

Interior Features

Interior Amenities DSL Available
Family Room Level Entry
Dining Room Level Entry
Living Room Level Entry
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Laundry Room Level Entry
Kitchen Length 12
Family Room Length 20
Laundry Room Width 14
Family Room Width 18
Living Room Length 15
Bedroom 2 Width 11
Bedroom 3 Width 11
Laundry Room Length 17
Dining Room Width 8
Bedroom 2 Length 14
Living Room Width 14
Bedroom 3 Length 14
Dining Room Length 10
Kitchen Width 9
Beds 3
Fireplace? Yes
Total Rooms 11
Bedroom 1 Length 14
Bedroom 1 Width 11
Above Grade SqFt 1796
Basement Y/N No
Breakfast Nook Length 8
Breakfast Nook Level Entry
Breakfast Nook Width 6
Bedroom 2 Floor Covering Carpet
Bedroom 3 Floor Covering Wood
Total SqFt Finished 1796
Bathroom 1 Length 7
Bathroom 1 Width 5
Bathroom 2 Length 8
Bathroom 2 Width 5

Exterior Features

Exterior Brick,Vinyl Siding
Exterior Amenities Deck,Porch
Frontage 106
Lot Size Area 0.73
Pool (Y/N) No
Lot Dimensions 106 x 299
OUT BUILDINGS Shed
Garage # of Car 2
Roads Paved Street
FOUNDATION TYPE Crawl
Waterfront Y/N No
Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48098

Price
AVG $700K
$330K
Taxes
AVG $6,991
$4,101
Year Built
AVG 1984
1955
Visits
AVG 31
20
Data Provided by Inside Real Estate®

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