27
Map
$795,000
●
Land -
For Sale
3081 Overridge Drive
Ann Arbor, MI 48104
Studio
5 Baths
$4,607
Est. Monthly
About This Property
Incredible opportunity to build your dream home on one of the last
available lots in esteemed Ann Arbor Hills. Backing to Huron Hills
golf course, this home site will offer both privacy and seclusion
in a coveted location. The lot is wooded, and slightly sloped. This
new-build is completely custom, so bring your dreams and ideas and
Main Street Homes can bring them to life! Photos are of past Main
Street Homes projects. Please book a showing prior to walking the
lot.
Unit Size
-
Days on Market
64 days
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$703
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (MichRIC MLS #26047336)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Listed by The Charles Reinhart Company | $795,000 | |
| Listed by The Charles Reinhart Company | |||
| Jun 16, 2026 | Listed by The Charles Reinhart Company | $2,500,000 | |
| Listed by The Charles Reinhart Company | |||
   | |||
|
Incredible opportunity to build your dream home on one of the last available lots in esteemed Ann Arbor Hills. Backing to Huron Hills golf course, this home site will offer both privacy and seclusion in a coveted location. The lot is wooded, and slightly sloped. This new-build is completely custom, so bring your dreams and ideas and Main Street Homes can bring them to life! Photos are of past Main Street Homes projects. Please book a showing prior to walking the lot.
| |||
| Oct 2, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by The Charles Reinhart Company | $575,000 | |
| Listed by The Charles Reinhart Company | |||
| | |||
|
This is one of the few remaining buildable lots to be found in central Ann Arbor. Located in the heart of Ann Arbor Hills and overlooking the Huron Hills Golf Course, this exceptional site is wooded and private. Measuring almost one-half acre, the building envelope will easily support a house from 2,500 to 6,000 square feet. Both the perimeter of the lot and the building envelope are clearly staked. A bike ride to Nichols Arboretum and Gallup Park, this site is a short drive to the U of M Central and North Campuses, the U of M Medical Center, Trinity Health, Hill Auditorium, and downtown Ann Arbor. AGENTS: Seller requests that showings are scheduled through ShowingTime prior to walking the property.
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Property Highlights
Garage
Exterior Details
Builder Name: Main Street Homes
Lot Features: Buildable
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Lot Size Square Feet: 21780
Lot Size Dimensions: 104x193
Water Source: Public
Financial Details
Tax Assessed Value: $134,400
Tax Annual Amount: $8,438
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northeast Ann Arbor
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Listed by: Justine Anthony, The Charles Reinhart Company
Last Updated: 3 months ago
Data Source: MichRIC, MLS# 26047336
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 months ago
Data Source: MichRIC, MLS# 26047336
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