Completely renovated from top to bottom! Do not miss this exceptional 5-bedroom, 5.1-bath home in the highly desirable Island Lake of Novi subdivision. A dramatic two-story foyer with heated flooring welcomes you inside. Enjoy the convenience of dual primary suites — one on the main level and one upstairs — both featuring beautifully updated spa-like bathrooms with heated tile floors and heated towel racks. The chef’s kitchen is a true showstopper, offering a massive waterfall island, Sub-Zero & Wolf appliances, heated tile flooring, and generous dining space. The great room boasts soaring ceilings, a sleek commercial-grade ceiling fan, and a modern fireplace — perfect for gatherings and relaxing. The fully finished walk-up lower level offers incredible additional living and entertainment space, including the potential for two extra bedrooms, a full bathroom, large recreation area, and a wet bar/second kitchen with dual refrigerators — ideal for hosting family and friends. Smart-home and security upgrades include a hardwired security camera system, additional motion-activated exterior camera lighting, and an alarm system for enhanced peace of mind. Additional highlights include a 3-car garage with epoxy flooring, paver patio, high-end finishes throughout, washer and dryer on both the entry and second level, and invisible-fence wiring for pets. Located in one of Novi’s premier luxury communities offering award-winning Novi Schools and world-class amenities: private boathouse, swimming pool, tennis & pickle-ball courts, lake access with boat slips, walking trails, food trucks, community events, and more — all just steps from your door. This is luxury living at its finest — welcome home!
Sold for $1,450,000
$1,450,000
50623 Chesapeake Dr, Novi, MI 48374
5beds
6,465sqft
Single Family Residence
Built in 2005
0.42 Acres Lot
$1,488,800 Zestimate®
$224/sqft
$6,585 Estimated rent
Home value
$1,488,800
$1.40M - $1.58M
$6,585/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Zachary Ribitwer 248-891-1966,
KW Domain
Bought with:
Michael M Phillips, 6502387592
Keller Williams Legacy
Source: Realcomp II,MLS#: 20251051066
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 351
- Dimensions: 13 X 27
Primary bedroom
- Level: Second
- Area: 406
- Dimensions: 14 X 29
Bedroom
- Level: Second
- Area: 143
- Dimensions: 11 X 13
Bedroom
- Level: Second
- Area: 182
- Dimensions: 13 X 14
Bedroom
- Level: Second
- Area: 240
- Dimensions: 15 X 16
Primary bathroom
- Level: Entry
- Area: 204
- Dimensions: 12 X 17
Primary bathroom
- Level: Second
- Area: 216
- Dimensions: 12 X 18
Other
- Level: Second
- Area: 45
- Dimensions: 5 X 9
Other
- Level: Second
- Area: 78
- Dimensions: 6 X 13
Other
- Level: Basement
- Area: 77
- Dimensions: 7 X 11
Other
- Level: Entry
- Area: 25
- Dimensions: 5 X 5
Dining room
- Level: Entry
- Area: 200
- Dimensions: 10 X 20
Flex room
- Level: Basement
- Area: 143
- Dimensions: 11 X 13
Flex room
- Level: Basement
- Area: 120
- Dimensions: 10 X 12
Game room
- Level: Basement
- Area: 1296
- Dimensions: 27 X 48
Great room
- Level: Entry
- Area: 484
- Dimensions: 22 X 22
Kitchen
- Level: Entry
- Area: 528
- Dimensions: 22 X 24
Kitchen
- Level: Basement
- Area: 160
- Dimensions: 10 X 16
Laundry
- Level: Entry
- Area: 66
- Dimensions: 6 X 11
Library
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Living room
- Level: Entry
- Area: 180
- Dimensions: 12 X 15
Heating
- Forced Air, Natural Gas
Appliances
- Included: Built In Gas Range, Built In Refrigerator, Dryer, Free Standing Refrigerator, Microwave, Range Hood, Stainless Steel Appliances, Washer Dryer Stacked, Washer, Wine Refrigerator
- Laundry: Laundry Room
Features
- Wet Bar
- Basement: Finished,Walk Up Access
- Has fireplace: Yes
- Fireplace features: Great Room
Interior area
- Total interior livable area: 6,465 sqft
- Finished area above ground: 4,165
- Finished area below ground: 2,300
Property
Parking
- Total spaces: 3
- Parking features: Three Car Garage, Attached, Direct Access, Driveway, Electricityin Garage, Garage Door Opener
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Pool features: Community, In Ground
Lot
- Size: 0.42 Acres
Details
- Parcel number: 2219377067
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 2005
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
Community & HOA
Community
- Security: Exterior Video Surveillance, Security System Owned
- Subdivision: ISLAND LAKE ORCHARDS CONDO
HOA
- Has HOA: Yes
- HOA fee: $343 quarterly
- HOA phone: 734-285-4442
Location
- Region: Novi
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $406,230
- Annual tax amount: $14,847
- Date on market: 11/6/2025
- Cumulative days on market: 3 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Sold | $1,450,000$224/sqft |
Source:  Realcomp II #20251051066 Report a problem | ||
| 12/3/2025 | Pending sale | $1,450,000$224/sqft |
Source: Realcomp II #20251051066 Report a problem | ||
| 11/6/2025 | Listed for sale | $1,450,000+77.9%$224/sqft |
Source: Realcomp II #20251051066 Report a problem | ||
| 7/23/2021 | Sold | $815,000+5.2%$126/sqft |
Source: Public Record Report a problem | ||
| 5/3/2021 | Pending sale | $775,000$120/sqft |
Source:  RE/MAX of SE Michigan #40167379 Report a problem | ||
| 4/30/2021 | Listed for sale | $775,000-5.8%$120/sqft |
Source: RE/MAX of SE Michigan #40167379 Report a problem | ||
| 4/13/2006 | Sold | $822,699$127/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $441,070 +6.9% |
| 2023 | -- | $412,430 +11.9% |
| 2022 | -- | $368,470 +7.9% |
| 2021 | -- | $341,600 -2.1% |
| 2020 | -- | $349,050 -0.4% |
| 2019 | -- | $350,450 +4.7% |
| 2015 | -- | $334,700 +7.8% |
| 2014 | -- | $310,350 +7.3% |
| 2011 | -- | $289,150 -6.3% |
| 2010 | -- | $308,650 |
| 2009 | -- | $308,650 |
Find assessor info on the county website
Neighborhood: 48374
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Nearby schools
GreatSchools rating
- 10/10Deerfield Elementary SchoolGrades: K-4Distance: 1.1 mi
- 10/10Novi Middle SchoolGrades: 5-8Distance: 1.1 mi
- 8/10Novi High SchoolGrades: 8-12Distance: 3 mi
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Estimated market value
$1,488,800
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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
$1,488,800
- Michigan
- Oakland County
- Novi
- 48374
- 50623 Chesapeake Dr
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