50178 DRAKES BAY DR $1,700,000

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    50178 DRAKES BAY DR Novi, MI 48374

    Sold
    SOLD 9/21/2020

    $1,700,000

    • 6 Beds
    • 5 Baths
    • 4,562 sq. ft.
    • Single-Family
    • MLS# 40091677
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    Property Details

    Description

    THE ULTIMATE LAKEFRONT STAYCATION ESTATE IN NOVI! Pride of meticulous home ownership shines in this truly impressive, turn key home. Kick back and enjoy beach living on Island Lake. Enjoy the views from an impressive 3 season room with gas fireplace. Light and bright gourmet kitchen with granite counters, under cabinet lighting, new oversized island, wine cooler, stainless steel appliances and walk in pantry. Sumptuous first floor master suite with sitting area and balcony with panoramic views of lake. Palatial master bath with jacuzzi tub, 2 vanities, dual head shower with body jets. Finished lower level walkout is an entertainers dream with full kitchen, bar, 2 refrigerators, double oven, full bath, bedroom, and gym, Large closet for easy storage of lake toys, patio furniture, etc with direct access to stamped concrete patio, walkway to lake, and stairs to composite deck. Enjoy community amenities such as clubhouse, sand volleyball, pool, tennis courts, walking trails, and much more.

    • General Features
      • Acreage 1.01
      • Area Municipality Novi (63272)
      • Association Fee Y/N Yes
      • Bedrooms 6
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Structure Style 2 Story
      • Subdivision ISLAND LAKE SHORES SOUTH OCCPN 1553
      • Waterfront Y/N Yes
      • Year Built 2005
    • Building Features
      • Appliances Bar-Refrigerator, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Other-See Remarks, Range/Oven, Refrigerator, Washer
      • Basement Type Finished, Walk Out
      • BATH DESCRIPTIONS Whirlpool/Hot Tub
      • Cooling System Ceiling Fan(s), Central A/C
      • Exterior Construction Aluminum, Brick, Wood
      • Exterior Features Deck, Exterior Balcony, Patio, Tennis Court(s)
      • Fireplace Features Basement Fireplace, FamRoom Fireplace, Gas Fireplace
      • Foundation Type Basement
      • Garage Type Attached Garage, Direct Access, Electric in Garage, Gar Door Opener, Side Loading Garage
      • Heating System Forced Air
      • Interior Features Cable/Internet Avail.
    • Property Features
      • Lot Size 151x278x160x322
      • Roads Paved Street
      • Sewer Septic Public Sanitary
      • Water Public Water
      • Water Features Association Access, Boat Facility, Dock/Pier Facility, Lake Frontage, Waterfront
    • Schools
      • School District Novi Community School District

    Neighborhood

    48374 (Novi) Demographics

    38 Median Age
    1,804 Population Density (per sq. mile)
    71% College Educated
    $138,979 Estimated Median Income
    4,651 Estimated Total Home Owners
    603 Estimated Total Renters
    89% / 11% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,589 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $502,197 Median Sales Price
    22 Homes Sold
    22 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        9/21/2020 3:00:00 AM Sold Source: Multiple Listing Service New Value: $1,700,000
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.