1 month on rocket

1567 Island Ln, Bloomfield Hills, MI, 48302

$6,995,000

4 Bedrooms
5 Full Baths, 3 Partial
7,751 SqFt
$902/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeResidential
ParkingDirect Access, Electricity, Attached
Attached Garage3 spaces
Year Built1995
HeatingNatural Gas, Forced Air, Radiant
CoolingCentral Air
BasementYes
WaterfrontDock Facilities
FireplaceBasement, Great Room, Library, Living Room, Primary Bedroom, Other
MLS #20240013570
Lot Size0.77 Acres
StatusActive

About 1567 Island Ln

Discover unparalleled luxury in this grand residence on the shores of Island Lake, boasting over 10,000+ square feet of opulent living space. With 4 bdrms and 5.3 baths, each bdrm is a suite of indulgence. The house is strategically south-facing, ensuring an abundance of natural light throughout the day. Unveil a realm of sophistication in the mahogany library w/ its coffered ceiling & meticulously designed high bookshelves. This distinguished space offers a perfect blend of architectural craftsmanship and practicality, creating an inviting ambiance for both work and relaxation. Indulge in the epitome of comfort in the primary suite, featuring a spa-like shower, a deep soaking tub, and an expansive walk-in closet. The kitchen is a culinary haven equipped w/ top-of-the-line appliances and SieMatic custom cabinetry catering to the most discerning chefs. Custom millwork by skilled artisans, Tiffany leaded glass throughout, and stately fireplaces add to the timeless elegance of this residence. Entertain effortlessly in the fully finished lower level, complete with a second kitchen, a parlor room with a custom ceiling detail, a spacious living room, and an impressive wine cellar. The lower level bedrooms feature daylight windows, with one offering a convenient walk-out option.Enjoy the picturesque views with high ceilings & windows along the lakeside, leading to a full balcony/terrace, perfect for savoring moments of tranquility. For added convenience, an elevator effortlessly connects all levels of this home. The entire home exudes sophistication with marble and wood flooring complemented by radiant heating, providing a warm and inviting ambiance. Experience the ultimate in lakeside living with an additional lower-level garage & storage area accessible from the lakeside perfect for storing your lakeside necessities & boating essentials. This is more than a home;it's a masterpiece where elegance and grandeur converge in perfect harmony. Please note that not all rooms/bedrooms of the home were photographed for privacy

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1995
  • Stories: 1
  • Living Area: 7,751 SqFt

Listing Office:

  • Office Name: Signature Sotheby's International Realty Bham
  • Office Phone: (248) 644-7000
  • Listing Agent: Dan A Gutfreund

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood
  • Basement: Yes
  • Interior: Elevator/Lift, Other, Programmable Thermostat
  • Fireplace: Basement, Great Room, Library, Living Room, Primary Bedroom, Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Dock Facilities

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Electricity, Attached

Virtual/3D Tour

  • Virtual Tour: 1567 Island Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Radiant
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bloomfield Hills Middle School, Public District Grades 5-8
  • Way Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: North of Long Lake, West of Telegraph

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,995,000
  • Price Per SqFt: $902/SqFt

Tax Information:

  • Annual Amount: $55,998
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bloomfield Hills, MI.

Med. Sold Price

$599.2K

Med. Price/SqFt

$229

Avg. Days On Market

28

# of Sold Homes

53

1567 Island Ln vs Bloomfield Hills

38 DAYS ON ROCKET

+10 Days

$6,995,000

+$6.3M More

$902/SqFt

+$672 More

KEY TAKEAWAY

This property is $6.3M more than the Median Sold Price and $672/SqFt more than other homes in Bloomfield Hills, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240013570

Listing Office:

  • Office Name: Signature Sotheby's International Realty Bham
  • Office Phone: (248) 644-7000
  • Listing Agent: Dan A Gutfreund

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$55,998$2,088,470
2020$52,001$2,173,050
2018$52,238$1,500,000
2017$51,863$1,500,000

History based on county public records data.

Payment Calculator

$34.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21K

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NMLS#3030

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.

Elementary School

school-card-donut-2151626
8
/10
  • Way Elementary School

  • 765 W Long Lake Rd

  • 1.56 miles

  • Public District Grades KG-4

Middle School

school-card-donut-2151627
8
/10
  • Bloomfield Hills Middle School

  • 4200 Quarton Rd

  • 1.91 miles

  • Public District Grades 5-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $185,435. Residents of Bloomfield Hills, MI typically earn $200k+ each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1567 Island Ln

What is the listing price of this property?

The listing price of 1567 Island Ln property is $6,995,000.

What type of property is this?

The property 1567 Island Ln is a house located in Bloomfield Hills, Michigan, 48302.

Is this property for sale now?

Active Listing: 1567 Island Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1567 Island Ln are:
Way Elementary School: GreatSchools Rating 8/10
Bloomfield Hills Middle School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $55,998 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1567 Island Ln has 4 bedrooms and 5 full and 3 half bathrooms.

What is the square footage of this property?

The property 1567 Island Ln is 7,751 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1567 Island Ln is 1995.
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Rocket Homes›Michigan›Oakland County›Bloomfield Hills›48302›1567 Island Ln

This home is located at 1567 Island Ln in Bloomfield Hills, MI and zip code 48302. This 7,751 square foot home, which was built in 1995, sits on a 0.77 acre lot. Features: 4 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $6,995,000.

In March 2024 more than 18 listings in Bloomfield Hills, MI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 27 were sold below. Between February 2024 and March 2024, Bloomfield Hills, MI real estate market has seen increase in the number of listings by 20.9%. In March 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $599,222.

From Rocket Homes Real Estate and based on county public records data.

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