$595,000

5545 Franklin Rd Bloomfield Hills, MI 48301

1.0 acres
Land

Property details

About 5545 Franklin Rd

Come and build your dream home on this sun filled 1.02 acres parcel located in the prime area of Bloomfield Township surrounded by multi-million dollar new custom-built or remodeled homes. This is a fantastic location with access and privileges to Wing Lake, walking distance to the beach and close proximity to natural preserved areas, schools and shopping. The size and landscape of this property provides endless opportunities to build your dream home that suits your needs and lifestyle, leaving ample grounds for outdoor entertainment. This beautiful lot, with gas and electric on site, city water and city sewer is ready for you to break ground for your new luxury home. The seller has cleared up the building site by removing the old structure and cutting many trees, and is also providing a new professional topographical survey. The Forman's Wing Lake Sub. access to Wing Lake is on Forman Dr. Please don't walk the property without an appointment. Thank you!

Highlights

Home typeVacant Land
StatusActive
Lot size1.02 Acres
ParkingOne Car Garage
MLS #20250013240
Garage1 space
WaterfrontBeach, Boat Facilities, Lake Privileges

Summary

  • Basement: No
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: One Car Garage
  • Waterfront: Beach, Boat Facilities, Lake Privileges
  • List Price: $595,000
  • HOA Amount: $33
  • HOA Frequency: Annually
  • Annual Tax Amount: $4,748
  • Tax Year: 2024
  • Lot: Cleared
  • Directions: North of Maple Rd and South of Quarton, on the East side of Franklin Rd.
  • Lot Size: 1.02 Acres
  • MLS Number: 20250013240
  • MLS Name: Realcomp II Ltd
  • Office Name: Signature Sothebys International Realty Bham
  • Office Phone: (248) 644-7000
  • Listing Agent: Silvia Stan

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$595,000

5545 Franklin Rd

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Price information

Property sales

DateEventPrice
Sep 29, 2022
Home Sold
$489,000

Tax history

YearAssessmentProperty Tax
2024$94,200$4,748
2023$94,200$7,292
2022$213,960$7,489
2021$205,230$7,292
2020$200,130$6,845
2018$192,980$6,711
2017$190,390$6,607

History based on county public records data.

Nearby schools

7

West Maple Elementary School

Public Magnet EE-5

1.2 mi

6275 Inkster Rd

7

Way Elementary School

Public District KG-5

2.1 mi

765 W Long Lake Rd

9

Lone Pine Elementary School

Public District KG-5

2.3 mi

3100 Lone Pine Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $132,813. The most common annual income of people living in Bloomfield Hills, MI is between $100k-200k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

5%
<35k
26%
35k-100k
37%
100k-200k
32%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
4%
Single, with Kids
41%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
10%
12-17 yrs old
9%
18-34 yrs old
47%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • NordstromNordstrom
  • Chico'sChico's
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • CadillacCadillac
  • LexusLexus

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5545 Franklin Rd

The listing price of 5545 Franklin Rd property is $595,000.

The property 5545 Franklin Rd is land located in Bloomfield Hills, Michigan, 48301.

Active Listing: 5545 Franklin Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5545 Franklin Rd are: West Maple Elementary School (GreatSchools Rating 7/10), Way Elementary School (GreatSchools Rating 7/10), Lone Pine Elementary School (GreatSchools Rating 9/10), South Hills Middle School (GreatSchools Rating 10/10), West Hills Middle School (GreatSchools Rating 7/10), Birmingham Covington School (GreatSchools Rating 10/10), Bloomfield Hills High School (GreatSchools Rating 7/10), West Bloomfield High School (GreatSchools Rating 6/10), Ernest W. Seaholm High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $4,748 (source: MLS/based on county public records data).

The last sale was on September 29, 2022 for $489,000 (source: MLS/tax record).

The property 5545 Franklin Rd is 1.02 acres.

This home is located at 5545 Franklin Rd in Bloomfield Hills, MI and zip code 48301. Features: 0 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $595,000.

Bloomfield Hills, MI housing market in April 2025 saw over 18 listings sold above listed price, more than 13 sold at listed price and over 24 sold below. The inventory of homes for sale in Bloomfield Hills, MI between March and April 2025 increased by 36.3%. Listings spent 22 days on the market in April 2025, and had a median list price of $605,220 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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