For Sale
1155 S Lake Drive, 57, Novi, MI 48377
$169,900
MLS # 20261019020 (Realcomp)
1 bed1 bath720 sqftBuilt 1999
1 / 25
Listing Description
Gorgeous, remodeled condo in a 50 + adult community. This beautiful unit flaunts new amenities so you can just move right in! Updated kitchen with granite tops and designer backsplash. New stainless steel appliances. Nice pantry. New luxury plank floors throughout. Sliding doorwall off the living room leads to a covered patio...here you can take in views of the lake.Large updated bath plus washer and dryer is in the unit Bedroom features a large walkin closet. Professionally painted throughout. Clean as a whistle! South Pointe Condo's have 300' of waterfront facilities on all sports Walled Lake. They have grills and pavilions, picnic tables and wood patio swings. Also has a boat dock to fish off of! Community also offers a recreation room with pool table, work out equipment, special activities and numerous gathering areas. This is a ground floor unit, and the carport is handy to the side entrance and you can store your bike, kayaks & etc there. Enjoy Novi's Pavilion Park, and hike and bike the 600 acres on Lakeshore park. Restaurants, shopping and easy expressway acess is something you'll love. Use RentSpree Application process. 1.5 mo security deposit + 1st month rent. $200.00 cleaning fee. No Pets. Smoking permitted in certain areas.
Source: SparkMLS
About this home
Located in Novi in Novi, this property offers 1-bedroom, 1-bath, 720 sq ft, with original construction dating to 1999.
Currently offered at $169,900 (about $236/sq ft).
Annual property taxes run approximately $1,884 ($157/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area720 sqft
Year Built1999
Stories1
Location
CityNovi
MunicipalityNovi City
Zip Code48377
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionVinyl Siding
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/28/2026
Original Price$179,900
Terms AcceptedCash
HOA
HOA Fee$261 / Monthly
IncludesLawn/Yard Care, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$2,212
State Equalized Value$68,380
Taxable Value$68,380
Parcel #2203383057
Source: Public Records
Legal Description
South Pointe Condominiums
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAPrice & Status History
Mar 29, 2026
Listed for sale
$179,900
More Homes in Novi
Listed by Diane M Braykovich
RE/MAX Classic
Frequently Asked Questions about 1155 S Lake Drive, 57, Novi, MI 48377
Which school district serves 1155 S Lake Drive, 57, Novi, MI 48377?
Per MLS# 20261019020, 1155 S Lake Drive, 57, Novi, MI 48377 is in the Walled Lake boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Walled Lake directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261019020, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1155 S Lake Drive, 57, Novi, MI 48377?
Per public tax records, annual property taxes for this property are $2,212. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1155 S Lake Drive, 57, Novi, MI 48377 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 1155 S Lake Drive, 57, Novi, MI 48377 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1155 S Lake Drive, 57, Novi, MI 48377?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$1,884
Monthly$157
Millage rate27.5569 mills
Municipality: CITY OF NOVI
School district: NORTHVILLE PUBLIC SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$1,520
Principal & interest$1,102
Property taxes$157
HOA$261
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1155 S Lake Drive, 57, Novi, MI 48377
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Municipality
Novi
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County
Oakland County
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