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!
Lot/land
Price cut: $449.1K (8/30)
$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
- 116 days
- 527
- 11
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#: 20261032109
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: 116 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
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Price change | $549,900-45% |
Source: | ||
| 5/23/2026 | Price change | $999,000-28.6% |
Source: | ||
| 5/9/2026 | Price change | $1,399,000+154.4% |
Source: | ||
| 5/8/2026 | Listed for sale | $549,900 |
Source: | ||
Public tax history
Tax history is unavailable.







