Available for rent June 1st!
This extensively updated 1,500 square-foot home is located on the northeast side of Walled Lake, with spectacular views of Walled Lake both from the open floor plan main floor and from the upstairs master bedroom. This two-story, 3-bedroom, 2 full bath gem of a house was completely renovated in 2024 and boasts new siding, windows, doors, patio doors, decking, wiring, plumbing, insulation, HVAC, and water heater at that time. The kitchen is equipped with brand new GE Cafe kitchen appliances with a drawer microwave and beverage center on the island. The laundry room/mudroom has a new washer and dryer. Engineered wood floors throughout except for the tiled baths and laundry/mudroom. The front patio and upper deck offer you a serene space for you to enjoy the glistening lake and witness firsthand all of the activity on and around the lake.
This rental home is centrally located with quick and easy access to M5 and I96, 4 miles to Twelve Oaks Mall and Providence Hospital, and 30 miles to Metro Detroit Airport. It is situated across the street from the biking/walking path along Walled Lake and blocks away from access to the Michigan Air Line biking trail. A public beach, restaurants (one open and one coming soon), and a convenience store are all a block away and other restaurants are less than a mile away.
This lake house does not include lake frontage property, but it is right across from the easement that grants you convenient rights to access and use Walled Lake (a private all-sports lake) for kayaking, paddle boarding, and swimming.
The backyard is a quiet place with a built-in propane grill and a small shed for storage.
This home is not furnished other than as described above. There is no garage on the property, but the side drive and if needed the front yard offer plenty of parking.
Seeking long-term tenant. Brokers Welcome. Tenant must pass credit and background check and accept and sign separate company lease outside of Zillow. Other terms apply; inquire for details.
Tenant pays for water, gas and electric. No smoking permitted. Long-term lease preferred. Pets will be considered but not guaranteed and an extra security deposit would be required..
Sold for $300,000
Street View
$300,000
523 E Walled Lake Dr, Walled Lake, MI 48390
3beds
1,500sqft
Single Family Residence
Built in ----
-- sqft lot
$312,100 Zestimate®
$200/sqft
$2,511 Estimated rent
Home value
$312,100
$293,000 - $331,000
$2,511/mo
Zestimate® history
Owner options
List your home for rent
$2,511/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,511/mo
Rent Zestimate®
Refinance and save
$1,966/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,966/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Small shed for storageFront patioUpper deckNew sidingDrawer microwaveEngineered wood floors throughout
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: In Unit
Features
- View
Interior area
- Total interior livable area: 1,500 sqft
Property
Parking
- Details: Contact manager
Features
- Exterior features: Bicycle storage, Brand New HVAC and Appliances, Electricity not included in rent, Gas not included in rent, Heating system: Forced Air, No garage but plenty of parking on the property, View Type: Lake View, Water not included in rent
Details
- Parcel number: 1734428010
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $3,500
Location
- Region: Walled Lake
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $325,000
- Annual tax amount: $6,885
- Date on market: 2/11/2026
- Date available: 05/01/2026
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listing removed | $3,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/8/2026 | Price change | $3,000-14.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2026 | Price change | $3,500-6.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/11/2026 | Listed for rent | $3,750$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2025 | Listing removed | $3,750$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2025 | Listed for rent | $3,750$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/22/2024 | Listed for rent | $3,750$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/26/2023 | Sold | $300,000+120.6%$200/sqft |
Source: Public Record Report a problem | ||
| 10/14/2022 | Sold | $136,000-14.5%$91/sqft |
Source: | ||
| 10/4/2022 | Pending sale | $159,000$106/sqft |
Source: | ||
| 7/25/2022 | Listed for sale | $159,000$106/sqft |
Source: | ||
| 7/5/2022 | Pending sale | $159,000$106/sqft |
Source: | ||
| 5/21/2022 | Price change | $159,000-11.2%$106/sqft |
Source: | ||
| 5/7/2022 | Price change | $179,000-10.1%$119/sqft |
Source: | ||
| 4/30/2022 | Listed for sale | $199,000+41.6%$133/sqft |
Source: | ||
| 12/5/2014 | Sold | $140,500-9.3%$94/sqft |
Source: Public Record Report a problem | ||
| 8/30/2014 | Listed for sale | $154,900$103/sqft |
Source: RE/MAX Classic #214089950 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,885 +32.3% | $162,500 +44.5% |
| 2024 | $5,206 +49.8% | $112,480 +29.6% |
| 2023 | $3,476 -9.3% | $86,820 +22% |
| 2022 | $3,834 +18.4% | $71,140 +3.6% |
| 2021 | $3,238 | $68,680 +1.1% |
| 2020 | -- | $67,910 +4.3% |
| 2019 | $12,609 +309.1% | $65,140 +7.9% |
| 2018 | $3,082 -18.1% | $60,360 +6.6% |
| 2017 | $3,765 | $56,610 -15.3% |
| 2016 | $3,765 | $66,850 +24.3% |
| 2015 | -- | $53,800 +7.7% |
| 2014 | -- | $49,940 +2% |
| 2011 | -- | $48,970 -8.3% |
| 2010 | $1,692 +12.7% | $53,430 -12.8% |
| 2009 | $1,501 +24.9% | $61,270 -34.6% |
| 2005 | $1,201 | $93,740 +52.1% |
| 2003 | -- | $61,630 +9% |
| 2002 | -- | $56,560 +93% |
| 2001 | $1,219 +6.3% | $29,300 +3.2% |
| 2000 | $1,147 | $28,400 |
Find assessor info on the county website
Neighborhood: 48390
Nearby homes
- $398,8003 bd2 ba1.5k sqft515 E Walled Lake Dr, Walled Lake, MI 48390Off Market
- $361,8004 bd2 ba1.6k sqft507 E Walled Lake Dr, Walled Lake, MI 48390Off Market

- $1,374,1004 bd5 ba4k sqft541 E Walled Lake Dr, Walled Lake, MI 48390Off Market
- $208,3002 bd1 ba666 sqft130 Hillcroft Dr, Walled Lake, MI 48390Off Market
- $601,8003 bd1 ba1.6k sqft536 E Walled Lake Dr, Walled Lake, MI 48390Off Market
- $1,064,7003 bd4 ba3.3k sqft486 E Walled Lake Dr, Walled Lake, MI 48390Off Market
- $371,2003 bd1 ba1.1k sqft435 E Walled Lake Dr, Walled Lake, MI 48390Off Market
- $748,9006 bd3 ba2.5k sqft440 E Walled Lake Dr, Walled Lake, MI 48390Off Market
Nearby schools
GreatSchools rating
- 9/10Walled Lake Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 8/10Sarah G. Banks Middle SchoolGrades: 6-8Distance: 3.3 mi
- 6/10Walled Lake Western High SchoolGrades: 9-12Distance: 1.7 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$312,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$312,100
- Michigan
- Oakland County
- Walled Lake
- 48390
- 523 E Walled Lake Dr