Pending
5321 Forest Way, Bloomfield Hills, MI 48302
$939,900
MLS # 20261025496 (Realcomp)
4 beds5 baths4,596 sqftBuilt 19730.78 acres
1 / 53
Listing Description
Rare opportunity to own a custom lakefront home on nearly an acre with sandy beach frontage on private Lake Crescent. The Great Room features dramatic floor-to-ceiling windows that overlook the beautiful water views and the professionally landscaped grounds. The recently remodeled island kitchen is equipped with premium stainless-steel appliances, leathered granite countertops and a generous gathering space for family and guests. The main level includes a richly appointed study with custom built-in cabinetry. Upstairs are three bedrooms, including two private suites. The primary retreat offers a spacious walk-in closet and spa-like bathroom. Perfect for entertaining, the finished walk-out lower level features a full second kitchen, expansive bar area, living space, guest bedroom, and full bath creating an ideal setting for hosting or multigenerational living. Additional highlights include a new roof (2024), dual furnaces and A/C systems, whole house generator, first-floor laundry, circular driveway, two-tier Trex deck, and 3 full and 2 half baths.
Source: SparkMLS
About this home
Located in Bloomfield Township in Bloomfield Hills, this property offers 4-bedroom, 5-bath, 4,596 sq ft, with original construction dating to 1973.
Asking $939,900 (about $205/sq ft).
Estimated annual property tax: $14,371, or about $1,198 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
Bedrooms4
Bathrooms5
Living Area4,596 sqft
Lot Size0.78 acres
Year Built1973
Stories2
Location
CityBloomfield Hills
MunicipalityBloomfield Twp
Zip Code48302
CountyOakland
School DistrictBloomfield Hills
Construction & Systems
ConstructionBrick, Wood Siding
BasementWalk-Out Access
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished, Security System, Whirlpool Tub
Sale & Financing
Listed6/1/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$225 / Annually
Source: SparkMLS
Tax Information
Annual Tax$11,417
State Equalized Value$386,450
Taxable Value$312,010
Parcel #1920477010
Source: Public Records
Legal Description
T2N, R10E, SEC 20 WOOD LAKE HILLS NO 1 LOT 75
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kate Browner
Real Estate One-W Blmfld
Frequently Asked Questions about 5321 Forest Way, Bloomfield Hills, MI 48302
What school district is 5321 Forest Way, Bloomfield Hills, MI 48302 in?
Per MLS# 20261025496, this property is served by Bloomfield Hills. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5321 Forest Way, Bloomfield Hills, MI 48302?
Per MLS# 20261025496, 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# 20261025496, the most recent reported annual property tax for 5321 Forest Way, Bloomfield Hills, MI 48302 is $11,417. 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 5321 Forest Way, Bloomfield Hills, MI 48302 eligible for USDA financing?
Per USDA Rural Development boundary data, 5321 Forest Way, Bloomfield Hills, MI 48302 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, 5321 Forest Way, Bloomfield Hills, MI 48302 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$14,371
Monthly$1,198
Millage rate37.1874 mills
Municipality: CHARTER TOWNSHIP OF BLOOMFIELD
School district: BIRMINGHAM CITY SCHOOL DIST
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$7,313
Principal & interest$6,096
Property taxes$1,198
HOA$19
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
5321 Forest Way, Bloomfield Hills, MI 48302
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Municipality
Bloomfield Township
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County
Oakland County
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