For Sale
561 E Walled Lake Drive, Walled Lake, MI 48390
$850,000
MLS # 20261048678 (Realcomp)
3 beds5 baths2,850 sqftBuilt 19230.12 acres
1 / 30
Listing Description
Lake Front!! (Two Lots) on all sports lake (Walled Lake)! Just like a new home! Your own private dock! Everything is new this year; New Roof, New Siding, New Windows, New Doors, New furnace, New central air, New tankless hot water tank. New Kitchen cabinets with granite counter tops with ceramic backsplash and all New stainless steel appliances (Refrigerator, Electric Stove, Dishwasher, Microwave and hood); First floor laundry with new Washer & Dryer; Tile throughout the first fllor; New Engineered Hardwood floors throughout the 2nd floor. New blinds. New Paint. New light fixtures, 3 bedrooms, (4 full and ½ bath) remodeled baths with ceramic tile, Large living room; Master suite with walk in closet & private bath. Finished basement with rec-room and full bath; New Driveway. All measurement & data is approximate. Must See !!
Source: SparkMLS
About this home
This 3-bedroom, 5-bath, 2,850 sq ft home built in 1923 sits in Walled Lake in Walled Lake.
Listed at $850,000 (about $298/sq ft).
Estimated annual property tax: $6,807, or about $567 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms5
Living Area2,850 sqft
Lot Size0.12 acres
Year Built1923
Stories2
Location
CityWalled Lake
MunicipalityCommerce Twp
Zip Code48390
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionOther
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed6/26/2026
Original Price$900,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,807
Parcel #173442801
Source: SparkMLS
Legal Description
T2N, R8E, SEC 34 SUPERVISOR'S PLAT NO. 1 LOT 7
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Alex Safadi
Internet Real Estate, Inc
Frequently Asked Questions about 561 E Walled Lake Drive, Walled Lake, MI 48390
Which school district serves 561 E Walled Lake Drive, Walled Lake, MI 48390?
Per MLS# 20261048678, 561 E Walled Lake Drive, Walled Lake, MI 48390 is in the Walled Lake boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Walled Lake directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261048678, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 561 E Walled Lake Drive, Walled Lake, MI 48390?
Per public tax records, annual property taxes for this property are $6,807. 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, 561 E Walled Lake Drive, Walled Lake, MI 48390 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 561 E Walled Lake Drive, Walled Lake, MI 48390 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 561 E Walled Lake Drive, Walled Lake, MI 48390?
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.
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Monthly payment$5,513
Principal & interest$5,513
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
561 E Walled Lake Drive, Walled Lake, MI 48390
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Municipality
Walled Lake
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County
Oakland County
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