For Sale
8294 Lagoon Street, Commerce Twp, MI 48382
$289,900
MLS # 20261054040 (Realcomp)
2 beds2 baths1,000 sqftBuilt 19450.22 acres
1 / 20
Listing Description
Affordable waterfront opportunity on all-sports Long Lake! This 2 bedroom, 1.1 bath ranch offers approximately 1,000 sq ft with western exposure and canal frontage just a few houses from the main lake. Enjoy beautiful sunset views, a 1-car detached garage, fenced yard, and dock in a highly desirable lake community. Newer roof, HVAC, and electrical already completed. Seller purchased the property last October with plans to build their dream home, but an unexpected life change is taking them out of state. Architectural plans and permits have already been completed, and inspections were completed with positive results. Whether you're looking for a weekend retreat, year-round living, investment property, or renovation opportunity, this home offers incredible potential with an “up north” feel without the long drive.
Source: SparkMLS
About this home
Located in Commerce Township in Commerce Twp, this property offers 2-bedroom, 2-bath, 1,000 sq ft, with original construction dating to 1945.
Asking $289,900 (about $290/sq ft).
Estimated annual property tax: $4,140, or about $345 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
Bedrooms2
Bathrooms2
Living Area1,000 sqft
Lot Size0.22 acres
Year Built1945
Stories1
Location
CityCommerce Twp
MunicipalityCommerce Twp
Zip Code48382
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionAluminum Siding
BasementCrawl Space
Garage1 space
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed7/13/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,330
State Equalized Value$150,440
Taxable Value$93,880
Parcel #1701208015
Source: Public Records
Legal Description
T2N, R8E, SEC 1 RUSSELL BEACH SUB LOT 122
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 Joy E DiMaggio
KW Domain
Frequently Asked Questions about 8294 Lagoon Street, Commerce Twp, MI 48382
Which school district serves 8294 Lagoon Street, Commerce Twp, MI 48382?
Per MLS# 20261054040, 8294 Lagoon Street, Commerce Twp, MI 48382 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.
What type of financing is accepted for this listing?
Per MLS# 20261054040, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 8294 Lagoon Street, Commerce Twp, MI 48382?
Per public tax records, annual property taxes for this property are $3,330. 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, 8294 Lagoon Street, Commerce Twp, MI 48382 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 8294 Lagoon Street, Commerce Twp, MI 48382 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 8294 Lagoon Street, Commerce Twp, MI 48382?
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.
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$4,140
Monthly$345
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$2,225
Principal & interest$1,880
Property taxes$345
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
8294 Lagoon Street, Commerce Twp, MI 48382
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Municipality
Commerce Township
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County
Oakland County
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