2615 Watkins Lake Road
Waterford, MI 48328
Single Family Residence · MLS # 20261078054 · Listing courtesy of United Real Estate Inc
About this home
Investment opportunities priced like this cute little starter home, have almost become a thing of the past! This low-maintenance, Waterford ranch is priced to give you an opportunity to build equity, instead of paying rent. Nestled on a nice yard, this quaint home has been recently and completely re-sided with maintenance-free vinyl siding, there's newer kitchen cabinets and the windows have been updated with quality vinyl replacement windows. The over-sized 1-1/2 car detached garage has also been recently re-sided and has plenty of room for your car and a side workshop area with garage door opener. Conveniently located with easy access to M-59, Telegraph and I-75, this home is also right around the corner from the Oakland County complex, the farmers market, Waterford Oaks county park and lots of nearby shopping and restaurants. This is an excellent investment and in a great Waterford Township area close to everything.
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 $99,900, or $173 per square foot, about the same as the city median, and has been on the market 35 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 $1,094 a year. A buyer who lives here would pay about $840 to $1,861 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.88 mills for Waterford Twp and Waterford 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 Waterford
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, 8:37 PM.