For Sale
4912 Oakwood Court, Commerce Twp, MI 48382
$3,500,000
MLS # 20261028870 (Realcomp)
5 beds5 baths9,750 sqftBuilt 19931.57 acres
1 / 52
Listing Description
IMMEDIATE OCCUPANCY, just in time for your summer gatherings! Presenting a once in a lifetime opportunity to own a private island in one of Michigan’s most exclusive lake communities. With a local reputation of prestige and mystique, Lake Sherwood is one of Oakland County's only truly private, all sports lakes. This 1.6-acre legacy parcel is tucked at the end of a conveniently situated cul-de-sac, and enjoys 1,500+ feet of prime waterfront and, without its long and elegant tree lined driveway, would be entirely surrounded by pristine waters. This rare island is improved by an architectural masterpiece, a timeless estate home designed to be acquired by a buyer that understands its place as the pride of a truly private, residents only lake. This home features a plethora of natural sunlight, rustic stone fireplaces complete with imported limestone mantles, WOLF appliances, and lustrous white maple hardwood flooring, together crafting one of the finest residences in the state. The fluid layout, and extremely thoughtful features offer the highest degree of functionality for any lifestyle; ultimate control and privacy is one of the many benefits this property offers. The spacious terrace overlooking the resort style pool complete with a breathtaking lake view sits just steps away from the Northern Michigan grown cedar docks that your grandchildren will walk on, which offer permanent docking solutions for your boats. Every part of the property offers jaw dropping lake views, including the towering outdoor fireplace just off the pool. Complete with spacious and well-manicured rolling grounds fit for a tennis court, an additional structure, or whatever else you decide to feature, this incredible estate is an asset to enjoy and design a lifestyle around. Just minutes from Downtown Milford, a short drive to Detroit, DTW airport, Downtown Northville, Brighton, etc, this home offers an "up north" feel while being close to everything you need.
Source: SparkMLS
About this home
This 5-bedroom, 5-bath, 9,750 sq ft home built in 1993 sits in Commerce Township in Commerce Twp.
Currently offered at $3,500,000 (about $359/sq ft).
Property tax estimate: $22,739 per year ($1,895/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
Bedrooms5
Bathrooms5
Living Area9,750 sqft
Lot Size1.57 acres
Year Built1993
Stories1
Location
CityCommerce Twp
MunicipalityCommerce Twp
Zip Code48382
CountyOakland
School DistrictHuron Valley
Construction & Systems
ConstructionBrick, Wood Siding, Other
BasementWalk-Out Access, Partial
Garage3.5 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorBasement Partially Finished, Hot Tub Spa, Water Softener/Owned
Sale & Financing
Listed4/27/2026
Terms AcceptedCash, Conventional, VA Loan
HOA
HOA Fee$500 / Annually
Source: SparkMLS
Tax Information
Annual Tax$16,243
State Equalized Value$826,280
Taxable Value$490,230
Parcel #1708103020
Source: Public Records
Legal Description
T2N, R8E, SEC 8 LAKE SHERWOOD SUB NO 15 LOT 393
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Armen Shahrigian
@properties Christie's Int'l RE Northville
Frequently Asked Questions about 4912 Oakwood Court, Commerce Twp, MI 48382
What school district is 4912 Oakwood Court, Commerce Twp, MI 48382 in?
Per MLS# 20261028870, this property is served by Huron Valley. 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# 20261028870, the seller has indicated this property accepts the following financing types: Cash, Conventional, VA Loan. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261028870, the most recent reported annual property tax for 4912 Oakwood Court, Commerce Twp, MI 48382 is $16,243. 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 4912 Oakwood Court, Commerce Twp, MI 48382 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4912 Oakwood Court, Commerce Twp, MI 48382 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: Septic Tank. Water: Well. 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.
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Tax Estimate
$
Annual tax$22,739
Monthly$1,895
Millage rate27.5203 mills
Municipality: CHARTER TOWNSHIP OF COMMERCE
School district: HURON VALLEY 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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Monthly payment$24,638
Principal & interest$22,701
Property taxes$1,895
HOA$42
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
4912 Oakwood Court, Commerce Twp, MI 48382
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Municipality
Commerce Township
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County
Oakland County
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