1200 Shephards Lane

About this home

LAND CONTRACT AVAILABLE! Experience exceptional lakefront living in this fully remodeled, approximately 4,200 sq. ft. home on Grampian Lake. Completely transformed from the ground up, this impressive residence blends modern luxury with warm architectural details throughout. Soaring 20-foot ceilings, expansive windows, exposed wood beams, and abundant natural light create a dramatic yet inviting atmosphere, while picturesque lake views can be enjoyed throughout the home. The beautifully updated kitchen features an oversized island, quartz countertops, custom cabinetry, premium appliances, and stylish finishes. Spacious living areas are highlighted by a striking stone fireplace, while the primary suite offers vaulted ceilings and a beautifully finished private bath. The finished walkout basement provides an abundance of additional living and entertaining space with direct access to the backyard and waterfront. Outside, expansive multi-level decking overlooks the lake and provides the perfect setting for relaxing, entertaining, and enjoying the surrounding scenery. Additional major upgrades include a new well and whole-house generator, offering added convenience and peace of mind. A truly turnkey waterfront home offering exceptional space, craftsmanship, and views of Grampian Lake.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Oxford

Over the last 90 days, 84 homes sold in Oxford for a median of $403,000, about $169 per square foot, and the typical one went under contract in 10 days. This home is listed at $1,100,000, or $183 per square foot, 8% above the city median, and has been on the market 45 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Oxford sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $8,440 a year. A buyer who lives here would pay about $20,661 a year once the taxable value resets after the sale, at the 2025 homestead rate of 37.19 mills for Oxford Twp and Oxford 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 and HOA when listed. Ask us for a lender quote.

Location

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