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For sale
  • $955,000

    1815 E Lake Dr, Novi, MI 48377

    2beds
    891sqft
    Single Family Residence
    Built in 1940
    0.29 Acres Lot
    $918,000 Zestimate®
    $1,072/sqft
    $-- HOA

    What's special

    Direct all inquiries to Steve (co-lister). Welcome to your dream location. Take advantage of this unheard of amount of space (a combination of 5 1/2 lots) with water frontage on Walled Lake (a large, private, all-sports lake). This highly desired community does not pop up often, and for good reason. Directly adjacent to Novi’s Pavilion Shore Park, reap the benefits of ample free parking, a large playground, walking trails, and community events like morning yoga right outside your window. Lakeshore Park, another Novi highlight featuring fantastic mountain bike trails, sand volleyball courts, a large party shelter, and a great beach, is just a short walk away. This 2 bed, 1 bath home is newly remodeled, with a brand new kitchen, bathroom and roof. It is a perfect secondary lake property, investment opportunity to rent out, or tear down to take advantage of the combined lots and build your dream home! This property is being sold with heavy emphasis on the community, history, location, lot space, and water frontage. Price is firm, the seller still has a dream for this property - this is the price at which they will put their dreams aside for your own. *So as not to arbitrarily inconvenience the tenant, pre-approval/proof of funds is required prior to showing. **NO EXCEPTIONS**
    102 days
    |
    630
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Klavitter 248-406-2946,

    KW Showcase Realty 248-360-2900,

    Steven A Mather 248-408-9720,

    KW Showcase Realty

    Source: Realcomp II,MLS#: 20261025529MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Second
      • Area: 140
      • Dimensions: 14 X 10
      Bedroom
      • Level: Second
      • Area: 126
      • Dimensions: 14 X 9
      Other
      • Level: Entry
      • Area: 48
      • Dimensions: 12 X 4
      Other
      • Level: Entry
      • Area: 99
      • Dimensions: 11 X 9
      Dining room
      • Level: Entry
      • Area: 204
      • Dimensions: 17 X 12
      Kitchen
      • Level: Entry
      • Area: 108
      • Dimensions: 12 X 9
      Living room
      • Level: Entry
      • Area: 170
      • Dimensions: 17 X 10
      Loft
      • Level: Second
      • Area: 117
      • Dimensions: 13 X 9
      Heating
      • Baseboard, Natural Gas
      Appliances
      • Included: Built In Electric Oven, Dishwasher, Disposal, Dryer, Free Standing Refrigerator, Microwave, Washer
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 891 sqft
      • Finished area above ground: 891
      Video & virtual tour

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: GroundLevel
      • Exterior features: Lighting
      • Pool features: None
      • On waterfront: Yes
      • Waterfront features: Acrossthe Road Water Frontage, All Sports Lake, Private Water Frontage, Waterfront
      • Body of water: Walled Lake
      Lot
      • Size: 0.29 Acres
      • Dimensions: 127 x 80
      • Features: Adjacentto Public Land, Corner Lot, Irregular Lot, Level, Water View
      Details
      • Parcel number: 2202356003
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow,Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Crawl Space
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1940
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: CHAPMAN WALLED LAKE
      HOA
      • Has HOA: No
      Location
      • Region: Novi

      Financial & listing details

      • Price per square foot: $1,072/sqft
      • Tax assessed value: $218,470
      • Annual tax amount: $11,168
      • Date on market: 4/16/2026
      • Cumulative days on market: 103 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $918,000

        $872,000 - $964,000

        $1,700/mo

        Price history

        DateEventPrice
        4/16/2026Listed for sale$955,000+0.5%$1,072/sqft
        Source: Realcomp II #20261025529 Report a problem
        2/10/2026Listing removed$950,000$1,066/sqft
        Source: Realcomp II #20251007454 Report a problem
        6/6/2025Listed for sale$950,000+7207.7%$1,066/sqft
        Source: Realcomp II #20251002832 Report a problem
        12/1/1997Sold$13,000$15/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $132,110 -0.3%
        2024-- $132,520 +76.3%
        2023-- $75,180 -2.1%
        2022-- $76,820 +0.5%
        2021-- $76,400 +2.3%
        2020-- $74,700 +2.8%
        2019-- $72,700 +13.9%
        2015-- $63,800 +1%
        2014-- $63,150 +0.2%
        2011-- $63,050 -9.5%
        2010-- $69,700
        2009-- $69,700 +5.4%
        2003-- $66,150 +5.8%
        2002-- $62,550 +4.9%
        2001$2,224 +111.9%$59,600 +0.2%
        2000$1,049 $59,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48377

        Getting around

        36 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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