1367 E Lake Drive
Novi, MI 48377
Single Family Residence · MLS # 20261088504 · Listing courtesy of Real Estate One-Plymouth
About this home
Enjoy exceptional lakefront living on All Sports Walled Lake! Situated in a premium location on one of the largest parcels on the lake, this beautiful home offers an incredible opportunity to enjoy the ultimate lake lifestyle. The home features an open floor plan, hardwood floors throughout, dramatic two-story windows, granite countertops, wood cabinetry, stainless steel appliances, center island, and cozy gas fireplace. Four bedrooms, including one currently used as an office with custom built-ins, 2.5 baths, and a beautiful wood staircase. Enjoy the upper-level wraparound balcony or spacious deck overlooking the large backyard backing to a nature preserve. A 3-car attached garage completes the home. The separately deeded lakefront parcel (Tax ID 22-02-326-022) includes electricity, a 12x16 pavilion, fire pit, boat docks, approximately 90-foot boardwalk, seawall, and two removable docks. Take in spectacular sunsets and enjoy everything lake living has to offer! Welcome home!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Novi
Over the last 90 days, 145 homes sold in Novi for a median of $485,000, about $190 per square foot, and the typical one went under contract in 11 days. This home is listed at $1,299,999, or $495 per square foot, 161% above the city median, and has been on the market 8 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Novi sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $10,098 a year. A buyer who lives here would pay about $10,296 to $21,036 a year once the taxable value resets after the sale, at the 2025 homestead rate of 32.04 mills for Novi City and Walled Lake 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 Novi
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