E Lake Drive

Novi | Michigan

A Portrait of

Pure Possibility

View Photos Watch Film 360° VTour Open House

Marie Sexton

Presented At

$950,000

Bedrooms

Bathrooms

Living

891

SQFT

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1815

E Lake Drive

Novi | Michigan

1815 E Lake Drive, Novi, MI 48377, Novi, Michigan, United States. , Novi , Michigan 48377

Residential Novi

Welcome to your dream location. Take advantage of this unheard of amount of space (a combination of 5 1/2 lots) with water frontage on Walled Lake (a large, private, all-sports lake). This highly desired community does not pop up often, and for good reason. Directly adjacent to Novi’s Pavilion Shore Park, reap the benefits of ample free parking, a large playground, walking trails, and community events like morning yoga right outside your window. Lakeshore Park, another Novi highlight featuring fantastic mountain bike trails, sand volleyball courts, a large party shelter, and a great beach, is just a short walk away. This 2 bed, 1 bath home is newly remodeled, with a brand new kitchen, bathroom and roof. It is a perfect secondary lake property, investment opportunity to rent out, or tear down to take advantage of the combined lots and build your dream home! This property is being sold with heavy emphasis on the community, history, location, lot space, and water frontage. Price is firm, the seller still has a dream for this property

this is the price at which they will put their dreams aside for your own.

Gallery

3D Street View Tour

Property Location

1815 E Lake Drive, Novi, MI 48377, Novi, Michigan, United States., Novi Michigan

Local Weather & Climate

Novi, Michigan

Current Conditions Updated recently

32 °F

Overcast clouds

Feels Like 20°F

Humidity 80%

Wind 24 mph

Visibility 6.2 mi

Sunrise 11:52 AM

Sunset 11:35 PM

5-Day Forecast

Thu 12 Mar

Clouds

High 43°

Low 23°

Fri 13 Mar

Snow

High 41°

Low 32°

Sat 14 Mar

Clouds

High 37°

Low 26°

Sun 15 Mar

Clouds

High 38°

Low 28°

Mon 16 Mar

Clouds

High 58°

Low 25°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Novi?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Neighborhood Demographics

ZIP 48377 • 2022 ACS Data

19,083 Population

Median Age: 38.0

$78,433 Median Income

Above Average

$302,700 Median Home Value

Rent: $1,363

54.6% College Graduates

High

Housing

Homeowners 44.7%

Renters 46.2%

Vacancy Rate 9.1%

Employment

3.0% Unemployment

13.6% Work From Home

Education Attainment (Age 25+)

High School+ 95.8%

Bachelor's+ 54.6%

Graduate+ 24.7%

Data from U.S. Census Bureau American Community Survey 2022

Local Market Trends

Real estate market data for Novi

Warm Market Active market with steady demand

$370,000

Median Sale Price

$198

Price per Sq Ft

Avg Days on Market

Data provided by RentCast

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 1815 E Lake Drive, Novi, MI 48377, Novi, Michigan, United States have?

This house at 1815 E Lake Drive, Novi, MI 48377, Novi, Michigan, United States features 2 bedrooms with 891 square feet of living space.

What is the size of 1815 E Lake Drive, Novi, MI 48377, Novi, Michigan, United States?

This property offers 891 square feet of living space.

What is the listing price for 1815 E Lake Drive, Novi, MI 48377, Novi, Michigan, United States?

This property is listed at $95,000,000, which equals $106622 per square foot.

What type of property is 1815 E Lake Drive, Novi, MI 48377, Novi, Michigan, United States?

This is a house located in Novi, Michigan. The property is situated in an established neighborhood with convenient access to local amenities and services.