Nestled on 12 acres within the Village of Bellaire, this 3-bedroom, 2-bath home offers a rare combination of privacy, space, and future opportunity. Zoned Village Commons, the property provides exceptional flexibility with a broad range of residential, commercial, and mixed-use possibilities, making it equally appealing as a primary residence, investment property, or future development opportunity. Enjoy peaceful views from the covered back porch overlooking the property, complete with a newly poured concrete patio that's perfect for relaxing or entertaining. The garage also features a newly poured concrete floor, while the unfinished walkout lower level offers outstanding potential for additional living space, recreation, storage, or a workshop. Based on information provided by the Village Zoning Administrator, the parcel may have the potential to be divided into approximately 25-30 lots, subject to municipal approvals and applicable ordinances. Buyers are encouraged to verify all zoning, permitted uses, and development potential with the Village of Bellaire. For those considering future development, the existing home provides an ideal place to live, work, or coordinate the project during the planning and construction process. Prefer to preserve the property's natural setting? Enjoy all 12 acres as a private residence or explore its potential as a short- or long-term rental investment. Whether your vision is a private estate, a thoughtfully planned development, a home-based business, or a long-term investment, this unique Village of Bellaire property offers the space and zoning flexibility to bring it to life. With municipal approval, a pathway could potentially be added along the rear of the property to connect directly with Bellaire's community walking trail.
For sale
Price cut: $15K (8/12)
$434,000
402 S Division St, Bellaire, MI 49615
3beds
1,700sqft
Single Family Residence
Built in 1965
12 Acres Lot
$407,600 Zestimate®
$255/sqft
$-- HOA
What's special
Unfinished walkout lower levelCovered back porch
- 100 days
- 234
- 12
Zillow last checked:
Listing updated:
Listed by:
Jeanette Gillespie 231-676-8023,
Coldwell Banker Schmidt-Bellaire 231-533-8641
Source: NGLRMLS,MLS#: 1947444
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Area: 144
- Dimensions: 12 x 12
Primary bathroom
- Features: Shared
Kitchen
- Area: 90
- Dimensions: 10 x 9
Living room
- Area: 240
- Dimensions: 20 x 12
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Dryer
- Laundry: Main Level
Features
- None, Cable TV
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: Yes
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
- Finished area above ground: 1,700
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Gravel
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 12 Acres
- Features: Cleared, Wooded, Level, Metes and Bounds, Split Possible
Details
- Additional structures: None
- Parcel number: 054103001700
- Zoning description: Residential,Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Timber Frame, Wood Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: Metes and Bounds
HOA
- Services included: None
Location
- Region: Bellaire
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $139,900
- Annual tax amount: $7,717
- Price range: $434K - $434K
- Date on market: 7/1/2026
- Cumulative days on market: 100 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,VA Loan,1031 Exchange
- Ownership type: Corporation
- Road surface type: Asphalt
Estimated market value
$407,600
$387,000 - $428,000
$2,063/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $434,000-3.3%$255/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $449,000-2.2%$264/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $459,000$270/sqft |
Source: | ||
| 10/24/2025 | Price change | $459,000-4.2%$270/sqft |
Source: | ||
| 9/2/2025 | Price change | $479,000-4%$282/sqft |
Source: | ||
| 6/26/2025 | Listed for sale | $499,000-16.7%$294/sqft |
Source: | ||
| 2/6/2025 | Listing removed | $599,000$352/sqft |
Source: | ||
| 7/19/2024 | Listed for sale | $599,000+71.1%$352/sqft |
Source: | ||
| 12/19/2023 | Sold | $350,000+337.5%$206/sqft |
Source: | ||
| 11/26/2012 | Sold | $80,000-38%$47/sqft |
Source: | ||
| 12/15/2011 | Price change | $129,000-27.9%$76/sqft |
Source: Real Estate One-bellaire #1676848 Report a problem | ||
| 11/30/2011 | Listed for sale | $179,000$105/sqft |
Source: Real Estate One, Inc. #1676848 Report a problem | ||
| 7/10/2011 | Listing removed | $179,000$105/sqft |
Source: Real Estate One-bellaire #1676848 Report a problem | ||
| 5/12/2011 | Listed for sale | $179,000+1018.8%$105/sqft |
Source: Real Estate One-bellaire #1676848 Report a problem | ||
| 10/23/2008 | Sold | $16,000$9/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,717 +136.7% | $138,100 +1.2% |
| 2024 | $3,261 +3.4% | $136,400 +18.1% |
| 2023 | $3,154 | $115,500 +49% |
| 2022 | -- | $77,500 +5.9% |
| 2021 | -- | $73,200 +19.6% |
| 2020 | -- | $61,200 +7.2% |
| 2017 | $2,828 | $57,100 +15.8% |
| 2016 | -- | $49,300 -9.4% |
| 2015 | -- | $54,400 -16.9% |
| 2014 | -- | $65,500 -16.3% |
| 2013 | -- | $78,300 -3% |
| 2011 | -- | $80,700 -4.6% |
| 2010 | -- | $84,600 |
Find assessor info on the county website
Monthly payment
Est. payment




