For Sale
490 Cove View Drive, Waterford, MI 48327
$382,500
MLS # 20261042426 (Realcomp)
3 beds3 baths2,250 sqftBuilt 19980.45 acres
1 / 54
Listing Description
Welcome home to this Waterford colonial in Eagle Landings on the Lake, with shared access to Pleasant Lake. The large family room addition (completed 2006) — with expansive windows, abundant natural light, and vaulted ceilings — is the heartbeat of this home. You'll also find an open kitchen with granite countertops and stainless steel appliances, separate living and family rooms, and convenient first-floor laundry. Upstairs, the primary suite offers a full bath and walk-in closet, joined by two additional bedrooms with updated laminate flooring and a second full bath. The partially finished basement adds flexible space alongside storage and mechanicals, and a large crawl space wth concrete floor beneath the family room addition provides generous extra storage. Additional features include: Extra-wide driveway, 2-car attached garage, 8x18 composite deck, and a 10x14 storage shed. Set on one of the larger lots in the development at nearly 1/2 acre on a mostly wooded site, the property draws abundant wildlife and a real sense of privacy. Just a short walk away, the subdivision's shared Pleasant Lake access features a boardwalk, swim deck, and beautiful sunsets. All with very reasonable HOA dues of just $300 per year. Please call listing agent regarding recent Administrative Proposal from Oakland County Road Commission for potential subdivision road replacement (issued June 24, 2026).
Source: SparkMLS
About this home
Located in Waterford Township in Waterford, this property offers 3-bedroom, 3-bath, 2,250 sq ft, with original construction dating to 1998.
Currently offered at $382,500 (about $170/sq ft).
Estimated annual property tax: $5,001, or about $417 monthly. 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 Area2,250 sqft
Lot Size0.45 acres
Year Built1998
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionStone, Vinyl Siding
BasementCrawl Space, Partial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed6/9/2026
Original Price$392,900
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$300 / Annually
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$3,595
State Equalized Value$164,450
Taxable Value$91,590
Parcel #1330452003
Source: Public Records
Legal Description
T3N, R9E, SEC 30 EAGLE LANDINGS ON THE LAKE #3 LOT 104 3-11-98 FR 451-003
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Greig
Village Real Estate Group LLC
Frequently Asked Questions about 490 Cove View Drive, Waterford, MI 48327
Which school district serves 490 Cove View Drive, Waterford, MI 48327?
Per MLS# 20261042426, 490 Cove View Drive, Waterford, MI 48327 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 financing options are available for 490 Cove View Drive, Waterford, MI 48327?
Per MLS# 20261042426, 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 490 Cove View Drive, Waterford, MI 48327?
Per public tax records, annual property taxes for this property are $3,595. 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, 490 Cove View Drive, Waterford, MI 48327 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 490 Cove View Drive, Waterford, MI 48327 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 490 Cove View Drive, Waterford, MI 48327?
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$5,001
Monthly$417
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$2,923
Principal & interest$2,481
Property taxes$417
HOA$25
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
490 Cove View Drive, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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