Pending

Price cut: $25K (7/24)

$374,900

5131 Elizabeth Lake Rd, Waterford, MI 48327

3beds

1,370sqft

$2,702/mo

Get pre-qualified

Single Family Residence

Built in 1964

0.32 Acres Lot

$299,700 Zestimate^®

$274/sqft

$-- HOA

What's special

Waterfront homeAmple counter spaceOpen-concept floor planPerfect for entertaining guestsSpacious kitchenExpansive windowsNatural light

*Back on the market at no fault of seller! Experience the best of lakefront living on beautiful Crescent Lake! This exceptional waterfront home offers stunning panoramic views and an open-concept floor plan designed to capture the beauty of the lake from the moment you walk through the door. Expansive windows fill the main living area with natural light while showcasing breathtaking water views, and several bedrooms offer the same peaceful lakeside scenery. The spacious kitchen is the heart of the home, feathuring ample counter space, abundant cabinetry, and a seamless flow into the dining and living areas- perfect for entertaining guests or enjoying quiet evenings at home. Whether hosting summer gatherings, watching sunsets over the water, or simply relaxing with your morning coffee, every day feels like a getaway. Whole house generator included in sale

96 days
103
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Upper
Area: 15972
Dimensions: 121.00 x 132.00

Bedroom 2

Level: Upper
Area: 15180
Dimensions: 115.00 x 132.00

Bedroom 3

Level: Upper
Area: 12036
Dimensions: 118.00 x 102.00

Primary bathroom

Level: Upper
Area: 8568
Dimensions: 84.00 x 102.00

Bathroom 2

Level: Main
Area: 3264
Dimensions: 32.00 x 102.00

Dining room

Level: Main
Area: 156090
Dimensions: 129.00 x 1210.00

Kitchen

Level: Main
Area: 117390
Dimensions: 129.00 x 910.00

Living room

Level: Main
Area: 1692
Dimensions: 141.00 x 12.00

Other

Description: sunroom
Level: Main
Area: 200
Dimensions: 20.00 x 10.00

Other

Description: foyer/dining area
Level: Main
Area: 15087
Dimensions: 141.00 x 107.00

Heating

Baseboard

Cooling

Attic Fan

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry: Main Level

Features

Ceiling Fan(s), Center Island, Eat-in Kitchen
Windows: Garden Window
Basement: Slab
Number of fireplaces: 1
Fireplace features: Gas Log, Kitchen, Living Room

Interior area

Total structure area: 1,370
Total interior livable area: 1,370 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Front, Garage Door Opener, Attached
Garage spaces: 2

Features

Stories: 1
Has spa: Yes
Spa features: Hot Tub Spa
On waterfront: Yes
Waterfront features: Lake
Body of water: Crescent Lake

Lot

Size: 0.32 Acres
Dimensions: 111.5 x 163

Details

Parcel number: 1328226004

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 1964

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Waterford

Financial & listing details

Price per square foot: $274/sqft
Tax assessed value: $124,660
Annual tax amount: $4,920
Date on market: 7/18/2026
Listing terms: Cash,VA Loan,Conventional

Estimated market value

$299,700

$285,000 - $315,000

$2,287/mo

Price history

Date	Event	Price
8/14/2026	Pending sale	$374,900$274/sqft
Source: MichRIC #26031059 Report a problem
7/24/2026	Price change	$374,900-6.3%$274/sqft
Source: MichRIC #26031059 Report a problem
7/18/2026	Listed for sale	$399,900$292/sqft
Source: MichRIC #26031059 Report a problem
6/30/2026	Pending sale	$399,900$292/sqft
Source: MichRIC #26031059 Report a problem
6/22/2026	Listed for sale	$399,900+166.6%$292/sqft
Source: MichRIC #26031059 Report a problem
4/11/2008	Sold	$150,000-44.4%$109/sqft
Source: Public Record Report a problem
12/23/2003	Sold	$269,900$197/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,519 +3.6%	$179,420 +9.3%
2024	$4,361 +5.3%	$164,200 +2.6%
2023	$4,141 +5.5%	$160,030 +9.6%
2022	$3,926 +0.4%	$145,970 -1.1%
2021	$3,912	$147,580 +9.6%
2020	--	$134,680 +3.4%
2019	$3,689 +1%	$130,220 -8.4%
2018	$3,653	$142,150
2017	--	$142,150 +16.1%
2016	--	$122,420 +2.5%
2015	--	$119,440 +11.2%
2014	--	$107,420 +17.2%
2011	--	$91,650 -13.3%
2010	$3,364 -15.9%	$105,750 -21.6%
2009	$4,001	$134,900