2386 Silver Pointe Drive

About this home

LAKEFRONT LIVING ON SILVER LAKE! Welcome to this beautifully remodeled 5-bedroom, 3.5-bath home tucked away on a private cul-de-sac at 2386 Silver Pointe Dr. Offering approximately 3,034 finished above-grade sq. ft. plus an additional 1,400 finished sq. ft. in the walk-out basement, this spacious home provides plenty of room for family and entertaining. Remodeled in 2025, the home features a desirable primary suite with walk-in closet and private primary bath, along with generous living spaces designed to take advantage of the beautiful lakefront setting. The finished walk-out basement includes a second kitchen, creating excellent flexibility for guests, recreation, extended family, or entertaining. Enjoy Silver Lake from your private dock, large deck, covered patio, and covered porch. The property also offers a sprinkler system, central air, brick veneer, and convenient access to the association boat launch.

Interior

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 $889,000, or $200 per square foot, 16% above the city median, and has been on the market 5 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 $7,862 a year. A buyer who lives here would pay about $8,098 to $14,783 a year once the taxable value resets after the sale, at the 2025 homestead rate of 32.93 mills for Waterford Twp and Pontiac 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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