1220 Shephards Lane

About this home

An extraordinary build-to-suit opportunity awaits on the serene shores of Grampian Lake, perfectly situated within the prestigious North Oakland Woods subdivision. This breathtaking 2.58-acre parcel offers the ultimate blank canvas to create your custom waterfront masterpiece amidst a tranquil, nature-filled neighborhood setting. Partner directly with our top-tier luxury home builder to bring your vision to life on an expansive, private lot uniquely elevated and ideally suited for a light-filled walkout basement. Whether you envision a striking modern estate or a timeless architectural triumph, this rare property provides the perfect blend of high-end seclusion, scenic shoreline, and unlimited design flexibility to craft an uncompromised lakefront lifestyle.

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 $1,250,000, or $202 per square foot, 20% above the city median, and has been on the market 0 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

A buyer who lives here would pay about $23,479 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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