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Lot/land
  • Price cut: $400K (5/23)
    $549,900

    903 S Lake Dr, Novi, MI 48377

    --beds
    --baths
    6,534Square Feet
    Land
    Built in ----
    6,534 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Vacant lakefront propertyFenced with seawallAll-sports lake
    RARE OPPORTUNITY TO BUILD YOUR DREAM HOME W/ PRIVATE LOT ON WALLED LAKE! 42 FEET OF FRONTAGE ON WALLED LAKE. FENCED WITH SEAWALL. 903 South Lake Drive is a vacant lakefront property–in Novi–waiting for a new home on highly desirable Walled Lake, an all-sports lake. Includes both vacant lot and fenced-in lake lot with seawall. The waterfront lot directly across the street is also 41.50 ft. wide. 903 South Lake Drive has access to city water and sewer. This property is in Walled Lake School District. There are five restaurants on the lake that you can access by boat, bike or foot. There are beaches on the Walled Lake and Novi sides of the lake, as well as two City of Novi parks (Lakeshore & Pavilion Shore) that are walkable from the property. This location in Novi has very easy access to expressways. It is just a mile from Twelve Oaks Mall and other shopping and dining. The property is just steps away from Novi’s largest park, the newly renovated Lakeshore Park. It is also a very short walk from Pavilion Shore Park, where you will find plenty of greenspace for picnics, play, and waterfront relaxation. Mercer Beach is also conveniently on the north side of the lake and in downtown Walled Lake. Driving around Walled Lake, you will find examples of homes that have been built on same or similar-sized lots as this one. We've included pictures of narrow type homes for ideas. This is an amazing opportunity to build your dream home with lakefront property on Walled Lake--Cash, Land Contract, Conventional Loans Considered. Don't miss your chance to own this one-of-a-kind property!
    69 days
    |
    640
    |
    28
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rick D Nessel 248-361-0903,

    National Realty Centers, Inc 248-468-1444,

    Patty Nessel 248-225-6407,

    National Realty Centers, Inc

    Source: Realcomp II,MLS#: 20261032109MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No
      • Has fireplace: No

      Property

      Features
      • Fencing: Fenced
      • On waterfront: Yes
      • Waterfront features: Acrossthe Road Water Frontage, All Sports Lake, Direct Water Frontage, Dock Facilities, Lake Front, Lake Privileges, Private Water Frontage, Waterfront
      • Body of water: Walled Lake
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 41.5 x 104.25
      • Features: Water View
      Details
      • Parcel number: 2203451015
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Utilities & green energy

      • Sewer: Public Sewer, Sewer At Street
      • Water: Public, Waterat Street

      Community & HOA

      Community
      • Subdivision: IDLEMERE PARK
      HOA
      • Has HOA: No
      Location
      • Region: Novi

      Financial & listing details

      • Tax assessed value: $83,020
      • Annual tax amount: $1,028
      • Date on market: 5/8/2026
      • Cumulative days on market: 69 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/23/2026Price change$999,000-28.6%
        Source: Realcomp II #20261032796 Report a problem
        5/9/2026Price change$1,399,000+154.4%
        Source: Realcomp II #20261032796 Report a problem
        5/8/2026Listed for sale$549,900
        Source: Realcomp II #20261032109 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48377

        Getting around

        7 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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