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Sold for $1,050,000
  • $1,050,000

    5161 Ledgewood Dr, Commerce Township, MI 48382

    4beds
    4,545sqft
    Single Family Residence
    Built in 1979
    0.73 Acres Lot
    $1,049,900 Zestimate®
    $231/sqft
    $3,772 Estimated rent

    Home value

    $1,049,900

    $997,000 - $1.10M

    $3,772/mo

    Zestimate® history
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    What's special

    Buyers home still on the market. Release given. Home inspection done. Appraisal was good. Now it is your turn. Lake Sherwood lakefront living at its finest! Breathtaking water views take center stage from nearly every main living area at a great new price. Situated on a beautifully landscaped .73 acre lot, this custom-built home offers the perfect blend of luxury, comfort ,& year-round recreation. The remodeled chef's kitchen is the heart of the home, featuring extensive custom cabinetry, a prep sink, oversized island w/ seating, double ovens, st/st appliances, accent lighting, & panoramic lake views. Entertain w/ ease as the kitchen flows into the dining room w/ a full wall of built-in cabinetry & the spacious living room beyond. Just off the living room, a large game room & inviting 3-season room provide add'l spaces to gather while enjoying the peaceful waterfront setting. The spacious primary suite is a true retreat, complete with stunning lake views, a spa-inspired bath, & an oversized walk-in. The finished walkout lower level expands your living space w/ a large family room, wet bar, billiards room, private guest bedroom, full bath, professional office/library easily converted into 4th bedrm, & dedicated craft room or gym—providing flexibility for entertaining, working from home, & everyday living. Outdoor living is equally impressive with multiple entertaining spaces overlooking the lake, professionally manicured gardens, mature trees providing exceptional privacy. A convenient exterior storage room offers easy access for all your lake toys. Enjoy your own private shoreline complete with a small sandy beach & dock—perfect for launching your paddleboard or kayak and embracing the Lake Sherwood lifestyle. Lovingly maintained by its owners, this exceptional waterfront home offers timeless quality, generous living spaces, and the opportunity to create memories on one of the area's most desirable all-sports lakes. It's time to make every day feel like a vacation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christin Bracken 248-709-3800,

    Real Estate One-Milford,

    Maria Garcia-Angel 248-684-1065,

    Real Estate One-Milford

    Bought with:

    Daniel Cook, 6501417582

    Keller Williams Advantage

    Source: Realcomp II,MLS#: 20261047123MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Entry
    • Area: 208
    • Dimensions: 16 X 13
    Bedroom
    • Level: Entry
    • Area: 132
    • Dimensions: 12 X 11
    Bedroom
    • Level: Basement
    • Area: 196
    • Dimensions: 14 X 14
    Bedroom
    • Level: Basement
    • Area: 156
    • Dimensions: 13 X 12
    Primary bathroom
    • Level: Entry
    • Area: 306
    • Dimensions: 17 X 18
    Other
    • Level: Entry
    • Area: 35
    • Dimensions: 7 X 5
    Other
    • Level: Basement
    • Area: 70
    • Dimensions: 10 X 7
    Other
    • Level: Entry
    • Area: 30
    • Dimensions: 6 X 5
    Bonus room
    • Level: Basement
    • Area: 270
    • Dimensions: 18 X 15
    Other
    • Level: Entry
    • Area: 120
    • Dimensions: 15 X 8
    Dining room
    • Level: Entry
    • Area: 352
    • Dimensions: 16 X 22
    Family room
    • Level: Entry
    • Area: 224
    • Dimensions: 16 X 14
    Family room
    • Level: Basement
    • Area: 972
    • Dimensions: 27 X 36
    Other
    • Level: Entry
    • Area: 144
    • Dimensions: 12 X 12
    Game room
    • Level: Basement
    • Area: 336
    • Dimensions: 24 X 14
    Kitchen
    • Level: Entry
    • Area: 255
    • Dimensions: 17 X 15
    Laundry
    • Level: Entry
    • Area: 200
    • Dimensions: 25 X 8
    Living room
    • Level: Entry
    • Area: 456
    • Dimensions: 24 X 19
    Other
    • Level: Basement
    • Area: 209
    • Dimensions: 19 X 11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fans, Central Air
    Appliances
    • Included: Built In Refrigerator, Bar Fridge, Dishwasher, Disposal, Double Oven, Dryer, Free Standing Refrigerator, Gas Cooktop, Microwave, Washer, Warming Drawer
    • Laundry: Gas Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Entrance Foyer, High Speed Internet, Jetted Tub, Programmable Thermostat, Sound System
    • Basement: Finished,Full,Walk Out Access
    • Has fireplace: Yes
    • Fireplace features: Basement, Gas, Living Room
    Interior area
    • Total interior livable area: 4,545 sqft
    • Finished area above ground: 2,545
    • Finished area below ground: 2,000

    Property

    Parking
    • Total spaces: 3
    • Parking features: Three Car Garage, Attached, Direct Access, Driveway, Garage Door Opener, Garage Faces Side
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevelwSteps
    • Patio & porch: Covered, Deck, Enclosed, Patio, Porch
    • Exterior features: Lighting
    • Pool features: None
    • On waterfront: Yes
    • Waterfront features: All Sports Lake, Beach Front, Dock Facilities, Lake Front
    • Body of water: Lake Sherwood
    Lot
    • Size: 0.73 Acres
    • Dimensions: 74 x 281 x 135 x 291
    • Features: Water View, Sprinklers
    Details
    • Parcel number: 1707228008
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Other
    • Foundation: Basement, Poured, Sump Pump
    • Roof: Asphalt
    Condition
    • Platted Sub
    • New construction: No
    • Year built: 1979
    • Major remodel year: 1991

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Security: Security System Owned, Smoke Detectors
    • Subdivision: LAKE SHERWOODNO 12
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Snow Removal
    • HOA fee: $500 annually
    Location
    • Region: Commerce Township

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $264,100
    • Annual tax amount: $9,020
    • Date on market: 7/2/2026
    • Cumulative days on market: 68 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: Exclusion(s) Exist

    Price history

    DateEventPrice
    11/4/2026Sold$1,050,000$231/sqft
    Source: Realcomp II #20261047123 Report a problem
    10/12/2026Pending sale$1,050,000$231/sqft
    Source: Realcomp II #20261047123 Report a problem
    10/1/2026Price change$1,050,000-3.2%$231/sqft
    Source: Realcomp II #20261047123 Report a problem
    9/19/2026Price change$1,085,000-1.4%$239/sqft
    Source: Realcomp II #20261047123 Report a problem
    9/14/2026Listed for sale$1,100,000$242/sqft
    Source: Realcomp II #20261047123 Report a problem
    9/4/2026Contingent$1,100,000$242/sqft
    Source: Realcomp II #20261047123 Report a problem
    8/28/2026Pending sale$1,100,000$242/sqft
    Source: Realcomp II #20261047123 Report a problem
    8/11/2026Contingent$1,100,000$242/sqft
    Source: Realcomp II #20261047123 Report a problem
    8/7/2026Price change$1,100,000-7.9%$242/sqft
    Source: Realcomp II #20261047123 Report a problem
    7/11/2026Price change$1,195,000-4.4%$263/sqft
    Source: Realcomp II #20261047123 Report a problem
    7/2/2026Listed for sale$1,250,000$275/sqft
    Source: Realcomp II #20261047123 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,698 +5.7%$433,390 +8.7%
    2024$8,227 +4.9%$398,520 +13.5%
    2023$7,840 +6.6%$351,120 +2.9%
    2022$7,356 +1.8%$341,220 -0.1%
    2021$7,223 $341,640 +3%
    2020-- $331,530 +3.9%
    2019$6,979 +4.2%$319,210 +7.2%
    2018$6,699 $297,690
    2017-- $297,690 +4.3%
    2016-- $285,420 -2.7%
    2015-- $293,420 +15%
    2014-- $255,170 +16.9%
    2011-- $218,250 -12.7%
    2010$7,002 +6.6%$249,890 -5.2%
    2009$6,571 $263,730
    Find assessor info on the county website

    Neighborhood: 48382

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,049,900

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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

    $1,049,900