For Sale
1167 E Lake Drive, Novi, MI 48377
$900,000
MLS # 20261052492 (Realcomp)
3 beds2 baths3,187 sqftBuilt 19280.73 acres
1 / 33
Listing Description
Stunning location and lot size on All Sports Walled Lake ! Home sits on 100x319 beautifully treed lot . Lakefront Lot is also included in the sale which boasts 100 feet of Lake Frontage on the main body of the lake with a shed ,fire pit, flat sandy beachfront and seawall ( 2202151058 parcel ID) Huge 5 car detached garage and a shed ! The lake views from this location are simply amazing ! Home is currently a 1987 sq ft ranch with a full basement , 3 bedrooms 2 full baths *** PLEASE note Home is in need of a COMPLETE Remodel or tear down.*
Source: SparkMLS
About this home
3-bedroom, 2-bath, 3,187 sq ft home in Novi in Novi built in 1928.
Listed at $900,000 (about $282/sq ft).
Annual property taxes run approximately $7,878 ($657/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 SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area3,187 sqft
Lot Size0.73 acres
Year Built1928
Stories1
Location
CityNovi
MunicipalityNovi City
Zip Code48377
CountyOakland
School DistrictWalled Lake
Construction & Systems
Garage5 spaces
HeatingBaseboard, Forced Air
WaterWell
SewerSeptic Tank
InteriorBasement Finished
Sale & Financing
Listed7/11/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,903
State Equalized Value$285,890
Taxable Value$206,780
Parcel #2202127020
Source: Public Records
Legal Description
T1N, R8E, SEC 2 SHORE ACRES SUB LOTS 70 & 71
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAPrice & Status History
Jul 12, 2026
Listed for sale
$900,000
More Homes in Novi
Listed by Renee Willetts
Brookstone, Realtors LLC
Frequently Asked Questions about 1167 E Lake Drive, Novi, MI 48377
Which school district serves 1167 E Lake Drive, Novi, MI 48377?
Per MLS# 20261052492, 1167 E Lake Drive, 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# 20261052492, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1167 E Lake Drive, Novi, MI 48377?
Per public tax records, annual property taxes for this property are $6,903. 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, 1167 E Lake Drive, Novi, MI 48377 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 1167 E Lake Drive, 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 1167 E Lake Drive, Novi, MI 48377?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. 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$7,878
Monthly$657
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$6,494
Principal & interest$5,837
Property taxes$657
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
1167 E Lake Drive, Novi, MI 48377
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Municipality
Novi
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County
Oakland County
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