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Active
    • Price cut: $25K (7/24)
    $374,900

    5131 Elizabeth Lake Rd, Waterford, MI 48327

    3beds
    1,370sqft
    : 
    $2,551/mo
    Get pre-qualified
    Single Family Residence
    Built in 1964
    0.32 Acres Lot
    $371,600 Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Waterfront homeAmple counter spaceOpen-concept floor planPerfect for entertaining guestsSpacious kitchenExpansive windowsNatural light
    *Back on the market at no fault of seller! Experience the best of lakefront living on beautiful Crescent Lake! This exceptional waterfront home offers stunning panoramic views and an open-concept floor plan designed to capture the beauty of the lake from the moment you walk through the door. Expansive windows fill the main living area with natural light while showcasing breathtaking water views, and several bedrooms offer the same peaceful lakeside scenery. The spacious kitchen is the heart of the home, feathuring ample counter space, abundant cabinetry, and a seamless flow into the dining and living areas- perfect for entertaining guests or enjoying quiet evenings at home. Whether hosting summer gatherings, watching sunsets over the water, or simply relaxing with your morning coffee, every day feels like a getaway. Whole house generator included in sale
    36 days
    |
    2,283
    |
    179
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LeAnne E Hagemann 517-812-8963,

    RE/MAX Perrett Associates - Marshall 269-781-8966

    Source: MichRIC,MLS#: 26031059MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Upper
      • Area: 15972
      • Dimensions: 121.00 x 132.00
      Bedroom 2
      • Level: Upper
      • Area: 15180
      • Dimensions: 115.00 x 132.00
      Bedroom 3
      • Level: Upper
      • Area: 12036
      • Dimensions: 118.00 x 102.00
      Primary bathroom
      • Level: Upper
      • Area: 8568
      • Dimensions: 84.00 x 102.00
      Bathroom 2
      • Level: Main
      • Area: 3264
      • Dimensions: 32.00 x 102.00
      Dining room
      • Level: Main
      • Area: 156090
      • Dimensions: 129.00 x 1210.00
      Kitchen
      • Level: Main
      • Area: 117390
      • Dimensions: 129.00 x 910.00
      Living room
      • Level: Main
      • Area: 1692
      • Dimensions: 141.00 x 12.00
      Other
      • Description: sunroom
      • Level: Main
      • Area: 200
      • Dimensions: 20.00 x 10.00
      Other
      • Description: foyer/dining area
      • Level: Main
      • Area: 15087
      • Dimensions: 141.00 x 107.00
      Heating
      • Baseboard
      Cooling
      • Attic Fan
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Ceiling Fan(s), Center Island, Eat-in Kitchen
      • Windows: Garden Window
      • Basement: Slab
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Kitchen, Living Room
      Interior area
      • Total structure area: 1,370
      • Total interior livable area: 1,370 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Garage Door Opener, Attached
      • Garage spaces: 2
      Features
      • Stories: 1
      • Has spa: Yes
      • Spa features: Hot Tub Spa
      • On waterfront: Yes
      • Waterfront features: Lake
      • Body of water: Crescent Lake
      Lot
      • Size: 0.32 Acres
      • Dimensions: 111.5 x 163
      Details
      • Parcel number: 1328226004

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Waterford

      Financial & listing details

      • Price per square foot: $274/sqft
      • Tax assessed value: $124,660
      • Annual tax amount: $4,920
      • Date on market: 7/18/2026
      • Listing terms: Cash,VA Loan,Conventional

        Estimated market value

        $371,600

        $353,000 - $390,000

        $1,994/mo

        Price history

        DateEventPrice
        7/24/2026Price change$374,900-6.3%$274/sqft
        Source: MichRIC #26031059 Report a problem
        7/18/2026Listed for sale$399,900$292/sqft
        Source: MichRIC #26031059 Report a problem
        6/30/2026Pending sale$399,900$292/sqft
        Source: MichRIC #26031059 Report a problem
        6/22/2026Listed for sale$399,900+166.6%$292/sqft
        Source: MichRIC #26031059 Report a problem
        4/11/2008Sold$150,000-44.4%$109/sqft
        Source: Public Record Report a problem
        12/23/2003Sold$269,900$197/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,519 +3.6%$179,420 +9.3%
        2024$4,361 +5.3%$164,200 +2.6%
        2023$4,141 +5.5%$160,030 +9.6%
        2022$3,926 +0.4%$145,970 -1.1%
        2021$3,912 $147,580 +9.6%
        2020-- $134,680 +3.4%
        2019$3,689 +1%$130,220 -8.4%
        2018$3,653 $142,150
        2017-- $142,150 +16.1%
        2016-- $122,420 +2.5%
        2015-- $119,440 +11.2%
        2014-- $107,420 +17.2%
        2011-- $91,650 -13.3%
        2010$3,364 -15.9%$105,750 -21.6%
        2009$4,001 $134,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 48327

        Getting around

        25 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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