$990,000 Sold
497 beverly island drive, waterford, MI 48328
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Property Description
Outstanding Lakefront Peninsula End property boasts 271' of main body, All-sports Otter Lake frontage, including access to Sylvan Lake. This full-acre lot is located at the very end of a cul-de-sac and offers stunning panoramic views of southern exposure from sunrise to sunset. The boathouse is grandfathered in, also a cement boat ramp for easy water accessibility and a new boat dock. Custom boulder seawall extensive repair 2021, lakeside paver patio with a cascading waterfall and pond. This well-maintained ranch home provides a total of 2,880 SQ FT; The kitchen offers granite and oak cabinetry, HW flooring T/O, freshly painted bedrooms with some newer windows, including kitchen and breakfast nook bay. The great room offers a high ceiling, cherry judge paneling, gas fireplace, and Boss surround sound. Formal dining room with marble/inlaid carpeting, crown molding, and wainscoting (wallpaper in process of removal and repaint including staircase). Extensive 1,200 SF multi-tiered cedar deck (restained 9/2023). The LL walkout is equipped with an entertainment-sized wet bar, a full bath, and space for a pool table. Ample storage, a dry sauna, and a sizable laundry room with plenty of cabinetry. A new roof in 2020 and a whole house generator. Whether you like to entertain or lay back and enjoy the picturesque tranquility, this is a remarkable opportunity to own one of the few end peninsula properties in Oakland County!
Waterfront / Water Access
Water Name: otter/sylvan lake
Water Description: Direct Water Frontage, Lake Front, Private Water Frontage, Water Front
Water Description: Direct Water Frontage, Lake Front, Private Water Frontage, Water Front
General Information
Sold Price: $990,000
Price/SqFt: $669
Status: Sold
Date Sold: 01/09/2024
MLS#: 20230058000
City: waterford twp
Post Office: waterford
Schools: waterford
County: Oakland
Subdivision: beverly island sub
Acres: 1.01
Lot Dimensions: 271x45x247x230
Bedrooms:3
Bathrooms:3 (2 full, 1 half)
House Size: 1,480 sq.ft.
Acreage: 1.01 est.
Year Built: 1962
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Paved Road: Paved,Private,Cul-De-Sac
Garage: 2 Car
Garage Description: Direct Access, Electricity, Door Opener, Attached
Construction: Brick,Wood
Exterior: Brick, Wood
Exterior Misc: BBQ Grill, Chimney Cap(s)
Garage: 2 Car
Garage Description: Direct Access, Electricity, Door Opener, Attached
Construction: Brick,Wood
Exterior: Brick, Wood
Exterior Misc: BBQ Grill, Chimney Cap(s)
Fireplaces: 1
Fireplace Description: Gas
Basement: Yes
Basement Description: Daylight, Interior Entry, Unfinished, Walk-Out Access
Foundation : Basement
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer, Bar Fridge
Cooling: Ceiling Fan(s),Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Fireplace Description: Gas
Basement: Yes
Basement Description: Daylight, Interior Entry, Unfinished, Walk-Out Access
Foundation : Basement
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer, Bar Fridge
Cooling: Ceiling Fan(s),Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $7,248
Est. Winter Taxes: $5,002
Est. Summer Taxes: $7,248
Est. Winter Taxes: $5,002
HOA fees: 1
HOA fees Period: Annually
Legal Description: T3N, R9E, SEC 35 BEVERLY ISLAND SUB LOT 22
HOA fees Period: Annually
Legal Description: T3N, R9E, SEC 35 BEVERLY ISLAND SUB LOT 22

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Kenice D Schooley of National Realty Centers, Inc, Phone: (248) 724-1234