Pending
49588 Villa Drive, Novi, MI
$1,690,000
MLS # 20261010897 (Realcomp)
2 beds3 baths2,875 sqftBuilt 20260.81 acres
1 / 9
Listing Description
IMMEDIATE OCCUPANCY! - CONSTRUCTION BEING COMPLETED! Newly Designed Ranch Home by Mark Guidobono, president of Cambridge Homes, Inc.. Must see this modern prairie home at Terra, the award winning gated ranch home community in Novi all in the styles inspired by architect Frank Lloyd Wright. This ranch home has a wide open floor plan with raised ceilings in multiple areas with upgrades all included in price such as 3+ car garage covered Lanai and many other designer features. Landscaping which includes sprinklers, sod, trees and shrubs, landscape lighting and lighted address are included in all homes at Terra. The Lower Level has 9’ poured concrete walls, 2 egress windows for future bedrooms, transom windows for additional light, prep for future full bathroom and plumbing for future bar. Terra is surrounded by 300 hundred acres of protect woodlands which offers the feeling of living up north but with all the conveniences of nearby entertainment, shopping, dining, walking, bicycling and jogging trails. Terra is walking distance to Maybury State Park. NEW HOME WARRANTY!
Source: SparkMLS
About this home
Located in Novi in Novi, this property offers 2-bedroom, 3-bath, 2,875 sq ft, with original construction dating to 2026.
Asking $1,690,000 (about $588/sq ft).
Annual property taxes run approximately $3,183 ($265/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
Bedrooms2
Bathrooms3
Living Area2,875 sqft
Lot Size0.81 acres
Year Built2026
Stories1
Location
CityNovi
MunicipalityNovi City
CountyOakland
School DistrictNorthville
Construction & Systems
ConstructionBrick, Stone
BasementDaylight
Garage3.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorHome Warranty
Sale & Financing
Listed2/21/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$506 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$363
State Equalized Value$115,500
Taxable Value$7,070
Parcel #2230402012
Source: Public Records
Legal Description
T1N, R8E, SEC 30 OAKLAND COUNTY CONDOMINIUM PLAN NO 2282 TERRA UNIT 12 L 53479 P 322 _____________
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sheldon M Rott
Kirkwood Realty, LLC
Frequently Asked Questions about 49588 Villa Drive, Novi, MI
Which school district serves 49588 Villa Drive, Novi, MI?
Per MLS# 20261010897, 49588 Villa Drive, Novi, MI is in the Northville boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Northville directly to confirm enrollment eligibility.
What financing options are available for 49588 Villa Drive, Novi, MI?
Per MLS# 20261010897, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 49588 Villa Drive, Novi, MI?
Per public tax records, annual property taxes for this property are $363. 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, 49588 Villa Drive, Novi, MI 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 49588 Villa Drive, Novi, MI 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 49588 Villa Drive, Novi, MI?
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$3,183
Monthly$265
Millage rate27.5569 mills
Municipality: CITY OF NOVI
School district: NORTHVILLE PUBLIC 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$11,733
Principal & interest$10,961
Property taxes$265
HOA$506
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
49588 Villa Drive, Novi, MI
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Municipality
Novi
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County
Oakland County
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