Sold
4869 Motorway Drive, Waterford, MI 48328
Sold on 05/08/2026 for$950,000
MLS # 20261017342 (Realcomp)
4 beds4 baths3,654 sqftBuilt 19630.32 acres
1 / 93
Listing Description
Enjoy year-round lake living on Elizabeth Lake with this 4-bedroom, 3.1-bath home featuring coveted sandy frontage. Inside, a stunning gourmet kitchen anchors the main level, offering high-end finishes and exceptional workspace. Spacious living areas flow to a large deck with beautiful water views and a bright sunroom with bar area, perfect for entertaining along with a whole house generator. The home provides generous bedroom sizes, a comfortable primary suite, and excellent storage throughout. Ample parking accommodates guests and lake toys with ease. A rare opportunity to own a move-in-ready lakefront home on one of Oakland County’s most desirable all-sports lakes.
Source: SparkMLS
About this home
This 4-bedroom, 4-bath, 3,654 sq ft home built in 1963 sits in Waterford Township in Waterford.
Closed at $950,000 (about $260/sq ft).
Property tax estimate: $13,044 per year ($1,087/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
Bedrooms4
Bathrooms4
Living Area3,654 sqft
Lot Size0.32 acres
Year Built1963
Stories3
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48328
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementCrawl Space, Slab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorGenerator
Sale & Financing
Listed4/2/2026
Sold Date5/7/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$150 / Annually
IncludesLawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$13,858
State Equalized Value$428,970
Taxable Value$369,260
Parcel #1327378005
Source: Public Records
Legal Description
T3N, R9E, SEC 27 ELIZABETH LAKE GOLF & COUNTRY CLUB SUMMER HOME SITES LOT 38
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jaime Burkhart
Preferred, Realtors® Ltd
Frequently Asked Questions about 4869 Motorway Drive, Waterford, MI 48328
What school district is 4869 Motorway Drive, Waterford, MI 48328 in?
Per MLS# 20261017342, this property is served by Waterford. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261017342, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261017342, the most recent reported annual property tax for 4869 Motorway Drive, Waterford, MI 48328 is $13,858. 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.
Is 4869 Motorway Drive, Waterford, MI 48328 eligible for USDA financing?
Per USDA Rural Development boundary data, 4869 Motorway Drive, Waterford, MI 48328 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4869 Motorway Drive, Waterford, MI 48328 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$13,044
Monthly$1,087
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$7,585
Principal & interest$6,485
Property taxes$1,087
HOA$13
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
4869 Motorway Drive, Waterford, MI 48328
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Municipality
Waterford Township
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County
Oakland County
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