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Sold for $1,250,000
  • $1,250,000

    4555 Motorway Dr, Waterford, MI 48328

    3beds
    3,120sqft
    Single Family Residence
    Built in 1977
    0.3 Acres Lot
    $1,284,400 Zestimate®
    $401/sqft
    $3,385 Estimated rent

    Home value

    $1,284,400

    $1.21M - $1.37M

    $3,385/mo

    Zestimate® history
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    What's special

    Welcome to your private oasis on the shores of Elizabeth Lake—a completely renovated, designer dream home nestled on an expansive 367-acre lake with private beach for residents. Blending high-end luxury with the laid-back pleasures of lakefront living. Home boasts over 3,100 sq. ft of livable space and is close to shopping, restaurants, stores and expressways. Step inside to discover designer wood flooring throughout the open-concept main level, where stunning panoramic lake views flood every room through new custom door walls. The heart of the home is the gourmet chef’s kitchen, featuring quartz countertops, custom cabinetry, and high-end built-in appliances—perfect for cooking and entertaining in style. Every bathroom has been fully remodeled with exquisite finishes, including a spa-like lower-level retreat with a soaking tub and luxury shower. The finished walkout basement features a spacious entertainment wet bar with a wine fridge, ideal for hosting guests in a resort-style setting. Enjoy seamless indoor-outdoor living with a massive multi-level Trex deck, stone patio, sunbathing porch and lush new landscaping—all overlooking the tranquil waters of Elizabeth Lake. Whether you're sunbathing on the patio, lounging on the new custom dock this home is designed to make the most of its stunning setting. Additional highlights include: Large master suite with large walk-in closet and lake views New high-efficiency 90+ furnace, A/C, and hot water tank High-end exterior finished in stucco and limestone Garage with vinyl flooring Brand new dock for boats, jet skis, and lake toys This rare property offers the perfect blend of sophistication, comfort, and year-round enjoyment. Whether you're seeking a serene primary residence or a luxurious vacation escape, this Elizabeth Lake gem checks every box. Live the lake life you’ve always dreamed of—schedule your private tour today! Bennington 25.5ft 200hp yamaha motor pontoon can be yours at full price offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie Kolhagen 586-623-2526,

    Caldera Real Estate Group

    Bought with:

    Alex Nugent, 6501278515

    Real Estate One-Troy

    Source: Realcomp II,MLS#: 20251017528MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Finished,Full,Walk Out Access
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,120 sqft
    • Finished area above ground: 2,020
    • Finished area below ground: 1,100

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Twoand Half Car Garage, Attached
    • Attached garage spaces: 2.5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevel
    • Exterior features: Balcony
    • Pool features: None
    • On waterfront: Yes
    • Waterfront features: All Sports Lake, Direct Water Frontage
    • Body of water: Elizabeth Lake
    Lot
    • Size: 0.3 Acres
    • Dimensions: 50 x 200
    Details
    • Parcel number: 1327378036
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Stone, Stucco
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: ELIZABETH LAKE GLF & CNTRY CLB SMR HM SITES
    HOA
    • Has HOA: Yes
    • HOA fee: $110 annually
    • HOA phone: 248-636-6659
    Location
    • Region: Waterford

    Financial & listing details

    • Price per square foot: $401/sqft
    • Tax assessed value: $356,600
    • Annual tax amount: $12,780
    • Date on market: 7/18/2025
    • Cumulative days on market: 34 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    9/15/2025Sold$1,250,000-3.5%$401/sqft
    Source: Realcomp II #20251017528 Report a problem
    8/26/2025Pending sale$1,295,000$415/sqft
    Source: Realcomp II #20251017528 Report a problem
    7/18/2025Listed for sale$1,295,000+145%$415/sqft
    Source: Realcomp II #20251017528 Report a problem
    7/26/2023Sold$528,500-18.7%$169/sqft
    Source: Realcomp II #20230047279 Report a problem
    7/11/2023Pending sale$650,000$208/sqft
    Source: Realcomp II #20230047279 Report a problem
    6/18/2023Listed for sale$650,000+48.1%$208/sqft
    Source: Realcomp II #20230047279 Report a problem
    8/10/1995Sold$439,000$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,288 +3%$356,600 +9.2%
    2023$8,050 +5.9%$326,420 +6.1%
    2022$7,602 +2.5%$307,580 +1.7%
    2021$7,419 $302,310 +1.1%
    2020-- $299,020 +5%
    2019$7,229 +10.4%$284,900 +10.7%
    2018$6,548 $257,320
    2017-- $257,320 +0.2%
    2016-- $256,790 -0.1%
    2015-- $257,030 +12%
    2014-- $229,560 +24%
    2011-- $185,070 -11.9%
    2010$6,833 +5.3%$209,970 -22.5%
    2009$6,489 $270,910
    Find assessor info on the county website

    Neighborhood: 48328

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,284,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,284,400