Sold
48342 Lake Valley Drive, Shelby Twp, MI 48317
Sold on 12/18/2025 for$615,000
MLS # 20251037645 (Realcomp)
4 beds3 baths4,259 sqftBuilt 19870.28 acres
1 / 37
Listing Description
This striking waterfront residence in Shelby Township offers a wonderful opportunity to establish roots in a welcoming neighborhood community in a top-notch school district. It's a beautiful house that is move-in ready and comes with hardwood floors, quartz countertops, stainless steel appliances and your own private beach. It has been well cared for and provides walk-out access to Valley Lake. This spacious property offers home buyers four bedrooms, including a master suite with plenty of closet space, a jacuzzi tub and a separate shower. A large portion of the basement is finished with a bar area and plenty of room for an entertainment center and a pool table. The remaining basement section has a generous storage area complete with built-in shelves. The attached 3.5 car garage keeps you dry in the rain and warm in the wintertime and offers plenty of enclosed storage space. Come see this property for yourself and decide if this just might be the dream house you've been waiting for.
Source: SparkMLS
About this home
This 4-bedroom, 3-bath, 4,259 sq ft home built in 1987 sits in Shelby Township in Shelby Twp.
Closed at $615,000 (about $144/sq ft).
Property tax estimate: $7,917 per year ($660/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area4,259 sqft
Lot Size0.28 acres
Year Built1987
Stories2
Location
CityShelby Twp
MunicipalityShelby Twp
Zip Code48317
CountyMacomb
School DistrictUtica
Construction & Systems
ConstructionBrick
BasementWalk-Out Access, Daylight, Partial
Garage3.5 spaces
HeatingForced Air
WaterPublic
SewerSeptic Tank
InteriorBasement Partially Finished, Humidifier, Wet Bar
Sale & Financing
Listed9/23/2025
Sold Date12/17/2025
Original Price$659,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,917
State Equalized Value$270,000
Taxable Value$258,729
Parcel #07-28-153-008
Source: Public Records
Legal Description
LAKE VALLEY SUBDIVISION (L72, P41-42); LOT 47
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Roger Silvi
Brokers Network USA
Frequently Asked Questions about 48342 Lake Valley Drive, Shelby Twp, MI 48317
Which school district serves 48342 Lake Valley Drive, Shelby Twp, MI 48317?
Per MLS# 20251037645, 48342 Lake Valley Drive, Shelby Twp, MI 48317 is in the Utica boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Utica directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20251037645, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 48342 Lake Valley Drive, Shelby Twp, MI 48317?
Per public tax records, annual property taxes for this property are $7,917. 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, 48342 Lake Valley Drive, Shelby Twp, MI 48317 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 48342 Lake Valley Drive, Shelby Twp, MI 48317 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 48342 Lake Valley Drive, Shelby Twp, MI 48317. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 48342 Lake Valley Drive, Shelby Twp, MI 48317?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. 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. Macomb County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$4,209
Principal & interest$4,209
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
48342 Lake Valley Drive, Shelby Twp, MI 48317
View full property history →
Municipality
Shelby Township
View all listings →
County
Macomb County
View county overview →
Get email alerts for new listings near 48342 Lake Valley Drive
We'll notify you when something hits the market in Shelby Township or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.