48877 Point Lakeview Drive

About this home

This exceptional split ranch with a private second-floor in-law suite offers the perfect blend of luxury, space, and thoughtful design. This home features over 7000 sq ft of finished living space, including a custom-finished basement complete with a second kitchen, 5th bedroom, media room, sitting area, and a full bath (prepped for a sauna). The main level impresses with a grand entry, floor-to-ceiling windows in the living room, a gourmet kitchen, spacious den, and formal dining area—ideal for both everyday living and entertaining. Additional highlights include an egress window, 2 sump pumps, water softener, and sauna prep. Situated on a large lot just steps from Lake St. Clair, this home offers a rare combination of privacy and location, along with a 3-car heated attached garage. Step outside to your own backyard retreat! A stunning custom paver patio features a built-in outdoor fireplace, elegant seating walls, and expansive space for entertaining. Whether hosting summer gatherings or enjoying cozy fall nights by the fire, this outdoor living area is the perfect extension of the home.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Chesterfield

Over the last 90 days, 67 homes sold in Chesterfield for a median of $302,500, about $153 per square foot, and the typical one went under contract in 10 days. This home is listed at $775,000, or $106 per square foot, 31% below the city median, and has been on the market 222 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Chesterfield sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $14,359 a year. A buyer who lives here would pay about $11,589 to $14,555 a year once the taxable value resets after the sale, at the 2025 homestead rate of 37.19 mills for Chesterfield Twp and Anchor Bay 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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