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For sale
    • Price cut: $55K (7/11)
    $1,195,000

    5161 Ledgewood Dr, Commerce Township, MI 48382

    3beds
    4,545sqft
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    Single Family Residence
    Built in 1979
    0.73 Acres Lot
    $1,144,200 Zestimate®
    $263/sqft
    $42/mo HOA

    What's special

    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 with a large family room, wet bar, billiards room, private guest bedroom, full bath, professional office/library, & 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. Summer is here—it's time to make every day feel like a vacation.
    25 days
    |
    2,138
    |
    108
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christin Bracken 248-709-3800,

    Real Estate One-Milford 248-684-1065

    Source: Realcomp II,MLS#: 20261047123MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • 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
      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
      Library
      • Level: Basement
      • Area: 156
      • Dimensions: 13 X 12
      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
      Video & virtual tour

      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: $263/sqft
      • Tax assessed value: $264,100
      • Annual tax amount: $9,020
      • Date on market: 7/2/2026
      • Cumulative days on market: 25 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Exclusions: Exclusion(s) Exist

        Estimated market value

        $1,144,200

        $1.09M - $1.20M

        $4,655/mo

        Price history

        DateEventPrice
        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
        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

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 48382

        Getting around

        1 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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