305 Beverly Estates Drive
Waterford, MI 48328
Single Family Residence · MLS # 20261065117 · Listing courtesy of EXP Realty Shelby Twp
About this home
Experience luxury waterfront living in a gated Waterford community with a canal-front setting and direct boating access to Otter Lake and adjoining all-sports Sylvan Lake—part of an approximately 532-acre connected lake system. Designed for effortless waterfront living and exceptional entertaining, this move-in-ready home combines sophisticated interiors with resort-inspired outdoor spaces. The showpiece kitchen features German-engineered Miele double wall ovens, refrigerator, dishwasher and built-in coffee system, plus a Viking cooktop with retractable downdraft ventilation. Custom cabinetry offers automatic interior lighting and automated under-cabinet LEDs. A separate beverage bar with wine refrigerator creates an inviting gathering space. Luxury wood-look LVP flooring enhances the kitchen and great room, while dark-stained engineered wood flooring extends throughout the upper level. Motorized remote-controlled shades, new windows and gutters in 2023, and an updated doorwall add style and convenience. The primary suite is a true retreat with a private Trex balcony, deep soaking tub, rainfall shower with multiple body sprays, and illuminated anti-fog mirrors. All three full baths offer new vanities and refreshed tile and shower surfaces. Outdoors, enjoy a front brick-paver patio for sunset views and an expansive rear paver patio with two cascading waterfalls and two built-in fire pits with dedicated gas lines. Lake-fed irrigation maintains the landscaping. Additional highlights include built-in garage storage, a sealed and encapsulated crawl space with storage, roof replaced in 2017, furnace and central air replaced in 2018, and new tankless water heater in 2026. A whole-home humidifier and electronic furnace air filter enhance comfort. Too many upgrades to list-see the complete Luxury Features & Highlights sheet for details.
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 $1,044,000, or $401 per square foot, 133% above the city median, and has been on the market 53 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 $14,708 a year. A buyer who lives here would pay about $14,512 to $19,444 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 and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Waterford
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