For Sale
3695 Lotus Drive, Waterford, MI 48329
$900,000
MLS # 20261034823 (Realcomp)
3 beds3 baths2,728 sqftBuilt 20170.23 acres
1 / 46
Listing Description
Set on the highly desirable shores of Lotus Lake in Waterford, this beautifully maintained 2,728 sq ft home delivers stunning water views, functional living space, and major updates throughout.The home features 3 bedrooms and 2 full bathrooms, including a spacious primary suite with a walk-in shower. A large loft upstairs adds versatile extra living space—ideal for a home office, guest area, or additional lounge.Designed for indoor-outdoor living, the home includes two expansive door walls that open to a 30’ x 12’ elevated deck, complete with a 10’ x 12’ covered section—perfect for relaxing or entertaining while overlooking the lake. Below, a walkout basement opens directly to a lower patio area, extending your living space right to the water’s edge. A large cold storage room provides convenient access between the basement and outdoor patio area, ideal for lake gear and seasonal storage.The insulated 2 1/2-car garage offers excellent space for vehicles, tools, and recreational equipment.Recent updates provide peace of mind, including a new roof (2017), fiber cement siding (2017), tankless water heater (2017), and furnace (2017), combining durability with energy efficiency.With breathtaking lake views and a layout built for comfort and flexibility, this Lotus Lake property offers a rare opportunity to enjoy true waterfront living in a well-updated, move-in ready home.
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 2,728 sq ft home built in 2017 sits in Waterford Township in Waterford.
Currently offered at $900,000 (about $330/sq ft).
Property tax estimate: $15,040 per year ($1,253/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
Bathrooms3
Living Area2,728 sqft
Lot Size0.23 acres
Year Built2017
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48329
CountyOakland
School DistrictWaterford
Construction & Systems
BasementWalk-Out Access, Daylight
Garage2.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/13/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$14,262
State Equalized Value$494,600
Taxable Value$394,820
Parcel #1305376037
Source: Public Records
Legal Description
T3N, R9E, SEC 5 MOUNTAIN VIEW LAKE SUB LOT 64 EXC SWLY 41 FT AS MEAS PARA WITH SWLY LOT LI, ALSO LOT 65 EXC BEG AT MOST ELY LOT COR, TH N 60-05-30 W 11.92 FT, TH S 17-44-00 W 19.52 FT, TH S 09-37-00 W 14.20 FT TO SELY LOT LINE, TH N 34-59-00 E 32.52 FT TO BEG
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by James R Turner
Brookstone, Realtors LLC
Frequently Asked Questions about 3695 Lotus Drive, Waterford, MI 48329
Which school district serves 3695 Lotus Drive, Waterford, MI 48329?
Per MLS# 20261034823, 3695 Lotus Drive, Waterford, MI 48329 is in the Waterford boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Waterford directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261034823, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 3695 Lotus Drive, Waterford, MI 48329?
Per public tax records, annual property taxes for this property are $14,262. 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, 3695 Lotus Drive, Waterford, MI 48329 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 3695 Lotus Drive, Waterford, MI 48329 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 3695 Lotus Drive, Waterford, MI 48329?
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.
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Tax Estimate
$
Annual tax$15,040
Monthly$1,253
Millage rate30.4079 mills
Municipality: CHARTER TOWNSHIP OF WATERFORD
School district: PONTIAC CITY SCHOOL DISTRICT
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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Monthly payment$7,091
Principal & interest$5,837
Property taxes$1,253
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
3695 Lotus Drive, Waterford, MI 48329
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Municipality
Waterford Township
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County
Oakland County
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