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Sold for $1,100,000
  • $1,100,000

    1197 E Lake Dr, Novi, MI 48377

    4beds
    4,143sqft
    Single Family Residence
    Built in 1996
    0.48 Acres Lot
    $1,135,600 Zestimate®
    $266/sqft
    $4,810 Estimated rent

    Home value

    $1,135,600

    $1.06M - $1.23M

    $4,810/mo

    Zestimate® history
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    What's special

    Prime lakefront locationGas fireplacesTwo-story great roomLarge recreational flex spaceAmple storage spaceShallow sandy entryWet bar
    Welcome to your Dream Lakefront Retreat on the East Side of the Stunning All Sports Walled Lake! This Prime Lakefront Location has 66 feet of Pristine Lake Frontage, Featuring a Shallow, Sandy Entry—Ideal for Swimming, Kayaking, Paddleboarding, and all your Favorite Water Activities. You’ll have Ample Space for Expansion, Entertaining & Parking with a Generous Lot Size of 66' x 316 While Simply Enjoying the Breathtaking Views of the Lake. Whether you Enjoy Boating, Fishing, Sailing, or Ice Skating, it Offers Endless Outdoor Recreation Throughout the Year Including Being Front and Center for Walled Lake's Annual Fireworks Display! Experience Spectacular Sunset Views Right from Your Own Home, with a Two-story Great Room Designed to Frame These Stunning Vistas Perfectly. This Custom Built Home also Features 4 Ensuite Bedrooms, each with its own Private Bath for Maximum Comfort and Privacy. Cozy up by the Gas Fireplaces in both the Great Room and the Owner's Suite, Perfect for Relaxing after a Day on the Lake. The Lower Level Provides a Large Recreational Flex Space Designed for Indoor Entertainment and Fun for all ages including Wet Bar, Egress Window & Full Bath. Multiple Flex Rooms that can be used as Bedrooms, a Craft Room, Office, or Media Room—Versatility at its Best. There is Ample Storage Space will Keep Everything Organized. A Spacious Attached 3 1/2 Car Garage—Perfect for Storing Vehicles, Water Toys, and all your Outdoor Gear. Whole House Generator insures Uninterrupted Living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vicki Burr 248-993-9852,

    National Realty Centers, Inc

    Bought with:

    Alivia Arabo, 6504431696

    Alivia Arabo, Broker

    Source: Realcomp II,MLS#: 20250015874MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 5
    Primary bedroom
    • Level: Second
    • Area: 324
    • Dimensions: 18 x 18
    Bedroom
    • Level: Second
    • Area: 143
    • Dimensions: 11 x 13
    Bedroom
    • Level: Second
    • Area: 165
    • Dimensions: 11 x 15
    Bedroom
    • Level: Entry
    • Area: 168
    • Dimensions: 12 x 14
    Primary bathroom
    • Level: Second
    • Area: 130
    • Dimensions: 13 x 10
    Other
    • Level: Entry
    • Area: 55
    • Dimensions: 11 x 5
    Other
    • Level: Second
    • Area: 50
    • Dimensions: 10 x 5
    Other
    • Level: Second
    • Area: 45
    • Dimensions: 9 x 5
    Other
    • Level: Basement
    • Area: 40
    • Dimensions: 5 x 8
    Dining room
    • Level: Entry
    • Area: 196
    • Dimensions: 14 x 14
    Dining room
    • Level: Entry
    • Area: 196
    • Dimensions: 14 x 14
    Family room
    • Level: Entry
    • Area: 272
    • Dimensions: 16 x 17
    Flex room
    • Level: Basement
    • Area: 630
    • Dimensions: 21 x 30
    Great room
    • Level: Entry
    • Area: 660
    • Dimensions: 22 x 30
    Kitchen
    • Level: Entry
    • Area: 272
    • Dimensions: 16 x 17
    Laundry
    • Level: Second
    • Area: 104
    • Dimensions: 8 x 13
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans, Central Air
    Appliances
    • Included: Down Draft, Dishwasher, Disposal, Double Oven, Dryer, Free Standing Refrigerator, Gas Cooktop, Microwave, Washer
    • Laundry: Laundry Room
    Features
    • Entrance Foyer, Jetted Tub, Wet Bar
    • Windows: Egress Windows
    • Basement: Finished,Full
    • Has fireplace: Yes
    • Fireplace features: Double Sided, Great Room
    Interior area
    • Total interior livable area: 4,143 sqft
    • Finished area above ground: 2,943
    • Finished area below ground: 1,200

    Property

    Parking
    • Total spaces: 3
    • Parking features: Three Car Garage, Attached, Driveway, Garage Door Opener, Side Entrance
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Balcony
    • Pool features: None
    • On waterfront: Yes
    • Waterfront features: All Sports Lake, Beach Front, Direct Water Frontage
    • Body of water: Walled Lake
    Lot
    • Size: 0.48 Acres
    • Dimensions: 66.00 x 316.00
    Details
    • Parcel number: 2202127022
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod,Colonial,Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Basement, Poured
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: SHORE ACRES SUB
    HOA
    • Has HOA: No
    Location
    • Region: Novi

    Financial & listing details

    • Price per square foot: $266/sqft
    • Tax assessed value: $393,930
    • Annual tax amount: $12,623
    • Date on market: 3/13/2025
    • Cumulative days on market: 2 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/28/2025Sold$1,100,000$266/sqft
    Source: Realcomp II #20250015874 Report a problem
    3/22/2025Pending sale$1,100,000$266/sqft
    Source: Realcomp II #20250015874 Report a problem
    3/13/2025Listed for sale$1,100,000$266/sqft
    Source: Realcomp II #20250015874 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $512,760 +0.7%
    2024-- $509,260 +10%
    2023-- $462,870 +3.9%
    2022-- $445,380 +1.2%
    2021-- $440,100 +4%
    2020-- $423,300 +2.1%
    2019-- $414,450 +24%
    2015-- $334,200 +5.8%
    2014-- $315,950 +0.9%
    2011-- $313,100 -8.7%
    2010-- $342,750
    2009-- $342,750 +32.8%
    2003-- $258,100 +7.2%
    2002-- $240,800 +32.9%
    2001$6,195 +7%$181,220 +3.2%
    2000$5,790 $175,610
    Find assessor info on the county website

    Neighborhood: 48377

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,135,600
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    Estimated market value
    $1,135,600