Outstanding Lakefront Peninsula End property boasts 271' of main body, All-sports Otter Lake frontage, including access to Sylvan Lake. This full-acre lot is located at the very end of a cul-de-sac and offers stunning panoramic views of southern exposure from sunrise to sunset. The boathouse is grandfathered in, also a cement boat ramp for easy water accessibility and a new boat dock. Custom boulder seawall extensive repair 2021, lakeside paver patio with a cascading waterfall and pond. This well-maintained ranch home provides a total of 2,880 SQ FT; The kitchen offers granite and oak cabinetry, HW flooring T/O, freshly painted bedrooms with some newer windows, including kitchen and breakfast nook bay. The great room offers a high ceiling, cherry judge paneling, gas fireplace, and Boss surround sound. Formal dining room with marble/inlaid carpeting, crown molding, and wainscoting (wallpaper in process of removal and repaint including staircase). Extensive 1,200 SF multi-tiered cedar deck (restained 9/2023). The LL walkout is equipped with an entertainment-sized wet bar, a full bath, and space for a pool table. Ample storage, a dry sauna, and a sizable laundry room with plenty of cabinetry. A new roof in 2020 and a whole house generator. Whether you like to entertain or lay back and enjoy the picturesque tranquility, this is a remarkable opportunity to own one of the few end peninsula properties in Oakland County!
Sold for $990,000
$990,000
497 Beverly Island Dr, Waterford, MI 48328
3beds
2,880sqft
Single Family Residence
Built in 1962
1.01 Acres Lot
$1,154,800 Zestimate®
$344/sqft
$3,387 Estimated rent
Home value
$1,154,800
$1.07M - $1.25M
$3,387/mo
Zestimate® history
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List your homeWhat's special
Gas fireplaceRanch homeDry saunaNew boat dockCascading waterfallFormal dining roomStunning panoramic views
Zillow last checked:
Listing updated:
Listed by:
Kenice D Schooley 248-330-8299,
National Realty Centers, Inc
Bought with:
Tushar V Vakhariya, 6501279268
KW Domain
Source: Realcomp II,MLS#: 20230058000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans, Central Air
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Fan, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator, Microwave, Washer
- Laundry: Laundry Room
Features
- High Speed Internet, Programmable Thermostat, Sound System, Wet Bar
- Basement: Bath Stubbed,Daylight,Full,Interior Entry,Unfinished,Walk Out Access
- Has fireplace: Yes
- Fireplace features: Gas, Great Room
Interior area
- Total interior livable area: 2,880 sqft
- Finished area above ground: 1,480
- Finished area below ground: 1,400
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Attached, Direct Access, Driveway, Electricityin Garage, Garage Door Opener, Paver Block
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Patio & porch: Deck, Patio, Porch
- Exterior features: Barbecue, Chimney Caps
- Pool features: None
- On waterfront: Yes
- Waterfront features: All Sports Lake, Boat Facilities, Direct Water Frontage, Dock Facilities, Lake Front, Private Water Frontage, Seawall, Waterfront
- Body of water: Otter/Sylvan Lake
Lot
- Size: 1.01 Acres
- Dimensions: 271 x 45 x 247 x 230
- Features: Dead End Street, Sprinklers, Vacation Home
Details
- Additional structures: Sheds
- Parcel number: 1335203004
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- Platted Sub
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Underground Utilities
Community & HOA
Community
- Security: Security System Leased, Smoke Detectors
- Subdivision: BEVERLY ISLAND SUB
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Waterford
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $339,130
- Annual tax amount: $12,250
- Date on market: 7/16/2023
- Cumulative days on market: 147 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2024 | Sold | $990,000-5.6%$344/sqft |
Source:  Realcomp II #20230058000 Report a problem | ||
| 12/10/2023 | Pending sale | $1,049,000$364/sqft |
Source: Realcomp II #20230058000 Report a problem | ||
| 11/6/2023 | Price change | $1,049,000-4.5%$364/sqft |
Source: Realcomp II #20230058000 Report a problem | ||
| 9/15/2023 | Price change | $1,098,000-2.4%$381/sqft |
Source: Realcomp II #20230058000 Report a problem | ||
| 8/9/2023 | Price change | $1,125,000-2.2%$391/sqft |
Source: Realcomp II #20230058000 Report a problem | ||
| 7/16/2023 | Listed for sale | $1,150,000+26.5%$399/sqft |
Source: Realcomp II #20230058000 Report a problem | ||
| 7/20/2021 | Sold | $908,800+1%$316/sqft |
Source: Public Record Report a problem | ||
| 5/2/2021 | Pending sale | $899,900$312/sqft |
Source:  Keller Williams #2210028395 Report a problem | ||
| 4/24/2021 | Listed for sale | $899,900+1.1%$312/sqft |
Source: Keller Williams #2210028395 Report a problem | ||
| 11/25/2019 | Listing removed | $889,900$309/sqft |
Source: Kermath Realty LLC #218044077 Report a problem | ||
| 5/24/2018 | Listed for sale | $889,900-6.1%$309/sqft |
Source: Kermath Realty LLC #218044077 Report a problem | ||
| 8/28/2017 | Listing removed | $947,900$329/sqft |
Source: Coldwell Banker Weir Manuel #217044519 Report a problem | ||
| 7/10/2017 | Price change | $947,900-4.7%$329/sqft |
Source: Coldwell Banker Weir Manuel #217044519 Report a problem | ||
| 5/30/2017 | Listed for sale | $995,000$345/sqft |
Source: Coldwell Banker Weir Manuel-Bir #217044519 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,876 +7% | $511,230 +19.9% |
| 2024 | $12,970 +5.1% | $426,390 +12.5% |
| 2023 | $12,341 +16.6% | $378,980 +11.8% |
| 2022 | $10,580 +0% | $339,130 +30.2% |
| 2021 | $10,580 | $260,480 +4% |
| 2020 | -- | $250,530 -2.1% |
| 2019 | $10,362 +8.1% | $255,870 +9.2% |
| 2018 | $9,581 | $234,230 |
| 2017 | -- | $234,230 -0.7% |
| 2016 | -- | $235,930 +2.2% |
| 2015 | -- | $230,910 +23% |
| 2014 | -- | $187,760 +11% |
| 2011 | -- | $169,200 -12.8% |
| 2010 | $5,718 +7.3% | $194,090 -21.6% |
| 2009 | $5,329 | $247,520 |
Find assessor info on the county website
Neighborhood: 48328
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Nearby schools
GreatSchools rating
- 5/10Donelson Hills Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Mason Middle SchoolGrades: 6-8Distance: 4 mi
- 5/10Waterford Mott High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,154,800
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Estimated market value
$1,154,800
- Michigan
- Oakland County
- Waterford
- 48328
- 497 Beverly Island Dr
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