The MJA CompanyNational Realty Centers (248) 780-8944
243 Oak Island Drive, Wolverine Lake, MI 48390243 Oak Island Drive, Wolverine Lake, MI 48390 photo 2243 Oak Island Drive, Wolverine Lake, MI 48390 photo 3243 Oak Island Drive, Wolverine Lake, MI 48390 photo 4243 Oak Island Drive, Wolverine Lake, MI 48390 photo 5
$549,900 Under contract

243 Oak Island Drive

Wolverine Lake, MI 48390

3beds
2.5baths
2,191sqft
0.42acres
1972built
$251per sqft
4days listed

Single Family Residence · MLS # 20261090408 · Listing courtesy of Max Broock Realtors

About this home

Nestled among mature trees and surrounded by natural beauty, this contemporary lakefront home offers **164 feet of direct frontage on all-sports Wolverine Lake! Featuring 3 spacious bedrooms and 2.5 bathrooms, this home offers a wonderful blend of comfort, character, and waterfront living. The expansive living room showcases a beautiful stone wood-burning fireplace and an abundance of windows overlooking the lake, filling the space with natural light and breathtaking views. The spacious kitchen features a center island and plenty of cabinetry and storage. The first-floor primary suite offers a private ensuite bathroom with a curbless walk-in shower, while the convenient first-floor laundry adds to the home's functionality. Upstairs, you'll find two generously sized bedrooms and a full bathroom. Step outside onto the expansive lake-facing deck, perfect for entertaining, relaxing, or simply taking in the peaceful surroundings. The large walkout basement offers endless possibilities for additional living or recreational space. Complete with a two-car detached garage, this property presents a rare opportunity to enjoy lakefront living with exceptional frontage, beautiful wooded surroundings, and year-round recreation on Wolverine Lake!

Interior

Bedrooms3
Full baths2
Half baths1
Living area2,191 sqft
BasementUnfinished, Walk Out Access
FireplaceLiving Room, Wood Burning, Wood Burning Stove
AppliancesDishwasher, Free Standing Electric Oven, Free Standing Refrigerator, Microwave, Range Hood
LaundryLaundry Room
LevelsTwo

Systems and utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
Water heaterNatural Gas
WaterWell
SewerSeptic Tank

Exterior and lot

StyleColonial, Contemporary
Year built1972
ConstructionVinyl Siding
RoofAsphalt
FoundationBasement, Block
Garage spaces2
ParkingTwo Car Garage, Detached
Lot size0.42 acres
Lot dimensions122x164x192x98
Patio and porchDeck, Porch
Exterior featuresLighting
PoolNone
WaterfrontAll Sports Lake, Direct Water Frontage, Lake Front, Private Water Frontage, Waterfront
Water bodyWolverine Lake

Taxes, HOA and more

Annual taxes$6,953
Summer taxes$5,506
Winter taxes$1,447
SubdivisionSTUARTS OAK ISLAND
MunicipalityWolverine Lake
CountyOakland
PossessionAt Close
Sale termsCash, Conventional, FHA, Va Loan
Special conditionsShort Sale No, Standard

Schools

School districtWalled Lake

How it compares in Wolverine Lake

Over the last 90 days, 18 homes sold in Wolverine Lake for a median of $307,250, about $243 per square foot, and the typical one went under contract in 16 days. This home is listed at $549,900, or $251 per square foot, 3% above the city median, and has been on the market 4 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Wolverine Lake sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $6,953 a year. A buyer who lives here would pay about $6,808 to $10,223 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.81 mills for Village Of Wolverine Lake 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

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, 7:52 AM.

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