Ever dreamed of owning your own island? Look no further! Presenting a unique opportunity to own a 17-acre island on Sylvan Lake in Waterford. This is your chance to bring your island ownership fantasies to life! 2 lakes in 1; Sylvan & Otter Lake combined is a true gem and well known to the locals. Made up of apx. 550+ acres of pristine waters with a max depth around 70'. The lake offers countless recreational opportunities whether you enjoy boating, fishing, skating or simply relaxing year-round. Don't miss your chance to snag this one of a kind property. Note: No perc test or surveys have been done. A wetland survey would need to be completed to determine if there is any land available to construct upon. Island is located directly behind 1048 Otter Ave.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Professionals
Office Phone: (810) 629-2220
Listing Agent: Gabrielle Letts
Exterior Features
Exterior Information:
Waterfront: Lake
Lot Features
Lot Information:
Lot: Views
Lot Size: 17.00 Acres
School Info
Assigned Schools Information:
Mott High School, Public District Grades 9-12
Mason Middle School, Public District Grades 6-8
Other
Directions Information:
Directions: South of 59. West of Telegraph. Between Otter Ave and Stratton Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $29,000
Tax Information:
Annual Amount: $5,161
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Waterford, MI.
This property is $220.2K less than the Median Sold Price in Waterford, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20230081497
Listing Office:
Office Name: Coldwell Banker Professionals
Office Phone: (810) 629-2220
Listing Agent: Gabrielle Letts
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
3
/10
Mason Middle School
3835 W Walton Blvd
Distance between this listing and this school4.69 miles
Public District Grades 6-8
High School
3
/10
Mott High School
1151 Scott Lake Rd
Distance between this listing and this school2.45 miles
Public District Grades 9-12
Nearby Schools
6
/10
Roosevelt Elementary School
2065 Cass Lake Rd
Distance between this listing and this school0.96 miles
Public Magnet Grades PK-5
6
/10
Donelson Hills Elementary School
2690 Wewoka Rd
Distance between this listing and this school1.41 miles
Public District Grades KG-5
6
/10
Haviland Elementary School
5305 Cass Elizabeth Rd
Distance between this listing and this school2.41 miles
Public District Grades KG-5
Assigned Schools
3
/10
Mason Middle School
3835 W Walton Blvd
Distance between this listing and this school4.69 miles
Public District Grades 6-8
Nearby Schools
3
/10
Oakside Scholars Charter Academy
355 Summit Dr
Distance between this listing and this school1.53 miles
Public Charter Grades KG-8
5
/10
Abbott Middle School
3380 Orchard Lake Rd
Distance between this listing and this school1.59 miles
Public District Grades 6-8
Assigned Schools
3
/10
Mott High School
1151 Scott Lake Rd
Distance between this listing and this school2.45 miles
Public District Grades 9-12
Nearby Schools
1
/10
Pontiac Academy For Excellence - High School
196 Cesar E Chavez Ave
Distance between this listing and this school2.84 miles
Public Charter Grades 9-12
7
/10
West Bloomfield High School
4925 Orchard Lake Rd
Distance between this listing and this school3.96 miles
The neighbors living near this home have an average income of $86,949. Typical income of Waterford, MI residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1048 Otter Ave
What is the listing price of this property?
The listing price of 1048 Otter Ave property is $29,000.
What type of property is this?
The property 1048 Otter Ave is land located in Waterford, Michigan, 48328.
Is this property for sale now?
Active Listing: 1048 Otter Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1048 Otter Ave are: Mason Middle School: GreatSchools Rating 3/10Mott High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,161 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 16, 1999 for $309,500. (source: MLS/tax record).
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This home is located at 1048 Otter Ave in Waterford, MI and zip code 48328. This home sits on a 17.00 acre lot. It has been listed on Rocket Homes since October 03, 2023 and is currently priced at $29,000.
In March 2024, from all listings sold in Waterford, MI there were more than 25 sold above asking price, over 15 sold below and more than 13 were sold right at the asked price. The number of homes for sale in Waterford, MI increased by 13.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $249,225, while the average time on the real estate market was 21 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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