Being offered for restoration or redevelopment is one of Stevensvilles most significant properties. The 12-acre Brown-Defay estate is a historic multi-family compound that contains 6 separately metered addresses, and 5 structures dating from as early as the 1860s. Because of its size and location, this property will appeal to many types of buyers. Most existing buildings would require significant renovation, but are nicely situated at the center of a slightly hilly property, surrounded by beautiful lawns and a deep perimeter of mature trees. The property itself is 800 feet wide, 700 feet deep, and occupies the entire south side stretch of W. Defay Rd. (a quiet paved cul-de-sac street). This is a very peaceful, private enclave suitable for a wide range of uses or development, not the typical farmhouse on a long narrow lot. Property offers splendid scenery, but is very under-utilized by its current owners. Buildings are mostly used as storage or garage space, have several gutted areas, and the water to most living spaces has been shut off for years. Because of these conditions, the property will not qualify for conventional financing, and no seller financing is available, however, older sellers will consider partial trades into a smaller home.Whether youre seeking a major restoration project, a development site, or something more unique, this is a top property in an amazing location, less than a mile from the beaches and walking trails at Grand Mere State Park, and just footsteps from the Red Arrow Trail bike path coming later in 2026.AGENTS PLEASE QUALIFY YOUR BUYERSExisting structures include:1. Two-story farmhouse dating from the 1860s, that can be used as one or two units, but needs significant renovation. Michigan basement seeps, but is 7 feet in height, with good cement floor. Roof is tight, but beyond life expectancy.2. Large 2-1/2 story timber-frame building dating from the 1890s, sitting on an excellent cement slab. Originally built as barn, but later converted into a double house with two side-by-side 2-story units. Currently used as a large garage, with unfinished space on the ground level, 2 finished apartments above, and a full stairway to a wide open 3rd level. Roof is 17 years old.3. Small 1-1/2 story barn on excellent cement slab, with nicely floored loft and newer roof.4. Single-story milk house (about the size of a one-car garage), with excellent cement slab. Roof is 17 years old.5. Single-story garage 16 x 24 garage with excellent cement slab. Roof and building are 18 years old.* Entire property is on well, septic, and electric heat, with gas and city water available at the street.