$350,000
 $1,879 est/mo Sourced by Back At You

5511 Wright Drive,Troy, MI 48098

Troy, MI 48098

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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!

Details

MLS #61019959
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1955
Days On Site15
Listing Provided ByRE/MAX Eclipse Clarkston | Cheryl Waring

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,796
Garage2
Story(s)1
Acreage0.73
Water FrontYes

Interior

Rooms Total11
Cooling Yes / NoYes
CoolingCeiling Fan(s), Window Unit(s), Attic Fan
Heating Yes / NoYes
HeatingNatural Gas, Baseboard, Hot Water
Interior FeaturesDSL Available
AppliancesDishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater

Exterior

Construction MaterialsBrick, Vinyl Siding
Foundation DetailsCrawl

Parking

Garage Yes / NoYes
Attached Garage Yes / NoYes

Other

List AorReal Comp

Taxes

Property4101

Area Information

StateMI
CountyOakland
CityTroy
Zip Code48098
AreaTroy (63202)
Community NameHoughten Acres
Listing VS Median (in Houghten Acres)
Price:
$350,000
low | high
Med:
$350,000
50% of Average
sqft:
1,796
low | high
Med:
1,796
50% of Average
$ / sqft:
$195
low | high
Med:
$195
50% of Average
On site:
15
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 48098

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Learn More About This Property

StateMI
CountyOakland
CityTroy
Zip Code48098
AreaTroy (63202)
Community NameHoughten Acres
Listing VS Median (in Houghten Acres)
Price:
$350,000
low | high
Med:
$350,000
50% of Average
sqft:
1,796
low | high
Med:
1,796
50% of Average
$ / sqft:
$195
low | high
Med:
$195
50% of Average
On site:
15
low | high
Med:
15
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $262K - $437K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
5511 Wright Drive Property Photo 1
$350,000
5511 Wright Drive
Troy, MI 48098
Listing Updated: August 14, 2026 at 9:11:56 AM PDT