41700 W 11 Mile Road

About this home

Rare mixed-use opportunity with 7,100 total SF across existing residential, office, warehouse, and storage structures on approximately 3.96 acres. The property’s flexible zoning and multi-structure layout create strong potential for redevelopment, owner-user occupancy, or multi-income use. Separate ingress/egress for the home & outbuilding provide additional flexibility. Located at the rear of the property, the outbuilding is equipped with three 14' x 7' overhead doors, 2 personal entrances, electricity & gas, private workshop, heater in bay 2, and unfinished 2nd floor. The home's main level was thoughtfully renovated in 2017 with LVP, stunning Knotty Elder doors, stone fireplace w/ granite hearth (converted to gas), and furnace & a/c. The primary suite was also completed in 2017. The bedroom features a bay window and 2 standard closets, while the bathroom features a walk-in closet, heated travertine floors, spacious shower, double sink, and convenient laundry access. The walk-out lower level was finished in 2021, while keeping plenty of storage space. This wonderful entertaining space has a living area with gas fireplace, half bath, and two doorwalls. An incredible wet bar with storage & custom lighting lets you take the party directly outside to the covered bar area. The deck ('21) and expansive patio with firepit overlook the Bishop Creek pond - right in your own backyard! The front half of the home's roof was installed in 2025. The home also offers whole house water filtration, partial home generator, 2 1/2 car attached garage with epoxy floor, sprinkler system for the flower beds, and an enormous fenced in area that spans both the front and back yards.

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 $995,000, or $438 per square foot, 131% above the city median, and has been on the market 41 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 $13,700 a year. A buyer who lives here would pay about $9,579 to $18,251 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.32 mills for Novi City and Novi 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

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