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Sold for $400,000
  • $400,000

    901 S Lake Dr, Novi, MI 48377

    2beds
    1,000sqft
    SingleFamily
    Built in 1966
    8,250 Square Feet Lot
    $410,400 Zestimate®
    $400/sqft
    $1,807 Estimated rent

    Home value

    $410,400

    $386,000 - $439,000

    $1,807/mo

    Zestimate® history
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    $1,807/mo

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    $1,807/mo

    Rent Zestimate®

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    $2,616/mo

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    $2,616/mo

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    What's special

    Contact Owner Directly Call/Text: 248-234-3800 Kyle Extremely rare double-lot lakefront opportunity on all-sports Walled Lake (670 acres). This offering includes two buildable lots, each 41.5 feet wide by 100 feet deep, with two private lake lots, each offering over 40 feet of direct lake frontage with existing seawalls. One lot includes a 2-bedroom, 1-bathroom home that was completely remodeled in 2015. The value is in the land, but the home offers great potential for rental income, full-time living, or as a temporary residence while you design your dream build. Property Details     •    Lot size (each buildable lot): 41.5 ft x 100 ft     •    Lake frontage: Over 40 ft per lake lot, both with seawalls     •    Home: 2 bed, 1 bath, remodeled in 2015     •    Lake: Walled Lake – 670 acres, all-sports     •    Zoning: Buildable residential lots     •    Utilities: Available     •    Sale type: For Sale by Owner Highlights     •    Double buildable lake-access lots – an extremely rare find     •    Two private lake lots directly on Walled Lake     •    Existing remodeled home – move-in ready or rental potential     •    Ideal for new construction – build one or two dream homes     •    High-demand area with strong long-term value Showing Instructions Buyer agents are welcome. Please do not disturb the tenant at 901 South Lake Drive. Interior walk-through of the home will be arranged only after a purchase agreement is signed.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 8,250 Square Feet
    Details
    • Parcel number: 2203451004

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1966

    Community & HOA

    Location
    • Region: Novi

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $177,700

    Price history

    DateEventPrice
    8/27/2025Sold$400,000-52.9%$400/sqft
    Source: Public Record Report a problem
    5/24/2025Pending sale$849,000$849/sqft
    Source: MichRIC #25022148 Report a problem
    5/20/2025Price change$849,000-10.5%$849/sqft
    Source: MichRIC #25022148 Report a problem
    5/15/2025Listed for sale$949,000+1255.7%$949/sqft
    Source: MichRIC #25022148 Report a problem
    2/17/2020Listing removed$1,550$2/sqft
    Source: North Bloomfield Properties #2200009833 Report a problem
    2/5/2020Listed for rent$1,550+3.3%$2/sqft
    Source: North Bloomfield Properties #2200009833 Report a problem
    2/2/2019Listing removed$1,500$2/sqft
    Source: North Bloomfield Properties Report a problem
    11/29/2018Listed for rent$1,500+7.1%$2/sqft
    Source: Zillow Rental Network Report a problem
    2/26/2016Listing removed$1,400$1/sqft
    Source: Owner Report a problem
    2/16/2016Listed for rent$1,400$1/sqft
    Source: Owner Report a problem
    7/7/2010Sold$70,000-29.3%$70/sqft
    Source: Public Record Report a problem
    3/9/2010Listed for sale$99,000-53.5%$99/sqft
    Source: Remax Alliance #210026216 Report a problem
    2/16/2006Sold$213,000$213/sqft
    Source: Public Record Report a problem
    11/3/2004Sold$213,000+33.1%$213/sqft
    Source: Public Record Report a problem
    2/14/2000Sold$160,000+48.1%$160/sqft
    Source: Public Record Report a problem
    6/29/1999Sold$108,000$108/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $88,850 +4.2%
    2023-- $85,250 +5.7%
    2022-- $80,630 +2.9%
    2021-- $78,350 -2.2%
    2020-- $80,100 +2.4%
    2019-- $78,200 +50%
    2015-- $52,150 +7.6%
    2014-- $48,450 -27.3%
    2011-- $66,600 -9.6%
    2010-- $73,650
    2009-- $73,650 -5.5%
    2003-- $77,900 +4.4%
    2002-- $74,650 +23.6%
    2001$2,066 +7%$60,420 +3.2%
    2000$1,931 $58,550
    Find assessor info on the county website

    Neighborhood: 48377

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Novi
    • District: Novi

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $410,400
    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
    $410,400