00 Gilbo
Waterford, MI 48328
Unimproved Land · MLS # 20261006918 · Listing courtesy of Thrive Realty Company
About this home
Half acre (.5) lot is surrounded by all Michigan nature has to offer; wooded lot with creek and untouched wetlands. Access to all sports Crescent Lake; beach access, lake privileges, and boat facilities. It is truly up north living in town. The lot is accessible by Gilbo Avenue only. Recent split and survey attached, and bore samples that reflect a suitable building site for a house with a walkout. This lot has water, sewer, electric and gas at the street and meets Waterford Township's requirements for a building permit. The neighborhood, Crescent Lake Highlands has an OPTIONAL HOA that allows beach access ($50.00/yr) and boat access with dock options ($200.00/yr) that are less than a 5-minute walk away.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Waterford
Over the last 90 days, 251 homes sold in Waterford for a median of $268,000, about $172 per square foot, and the typical one went under contract in 12 days. This home is listed at $23,000, and has been on the market 281 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Waterford sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,000 a year. A buyer who lives here would pay about $0 to $428 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.88 mills for Waterford Twp and Waterford schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Waterford
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 7:39 PM.