GREAT OPPORTUNITY TO ENJOY LAKEFRONT LIVING on Elizabeth Lake. HUGE POTENTIAL for Return on Investment for a Renovation Project. All Offers must be submitted "SUBJECT TO PROBATE COURT APPROVAL". PROPERTY IS BEING SOLD "AS-IS". EASY TO SHOW.
Pending
Price cut: $120K (1/15)
$399,900
5274 Cooley Lake Rd, Waterford, MI 48327
3beds
2,386sqft
Est.:
Single Family Residence
Built in 1958
0.39 Acres Lot
$384,300 Zestimate®
$168/sqft
$-- HOA
What's special
- 71 days |
- 207 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: January 29, 2026 at 06:52am
Listed by:
Keith Reynolds 248-787-3718,
KW Showcase Realty 248-360-2900
Source: Realcomp II,MLS#: 20251057897
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Second
- Area: 154
- Dimensions: 14 X 11
Bedroom
- Level: Second
- Area: 130
- Dimensions: 13 X 10
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Lower
- Area: 100
- Dimensions: 10 X 10
Other
- Level: Second
- Area: 42
- Dimensions: 7 X 6
Other
- Level: Lower
- Area: 25
- Dimensions: 5 X 5
Dining room
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Family room
- Level: Lower
- Area: 364
- Dimensions: 26 X 14
Kitchen
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Laundry
- Level: Lower
- Area: 63
- Dimensions: 7 X 9
Living room
- Level: Entry
- Area: 266
- Dimensions: 19 X 14
Heating
- Forced Air, Natural Gas
Appliances
- Laundry: Laundry Room
Features
- High Speed Internet
- Basement: Partial,Partially Finished
- Has fireplace: Yes
- Fireplace features: Basement, Family Room
Interior area
- Total interior livable area: 2,386 sqft
- Finished area above ground: 1,811
- Finished area below ground: 575
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Attached, Direct Access, Driveway, Electricityin Garage, Garage Door Opener, Garage Faces Side
- Attached garage spaces: 2
Features
- Levels: Quad Level
- Entry location: GroundLevelwSteps
- Pool features: None
- Fencing: Back Yard,Fenced
- On waterfront: Yes
- Waterfront features: All Sports Lake, Boat Facilities, Direct Water Frontage, Dock Facilities, Lake Front, Waterfront
- Body of water: Elizabeth Lake
Lot
- Size: 0.39 Acres
- Dimensions: 120 x 140
Details
- Parcel number: 1328409025
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: ELIZABETH SHORES
HOA
- Has HOA: No
Location
- Region: Waterford
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $91,220
- Annual tax amount: $4,966
- Date on market: 12/3/2025
- Cumulative days on market: 71 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Estimated market value
$384,300
$365,000 - $404,000
$2,299/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Pending sale | $399,900$168/sqft |
Source: | ||
| 1/15/2026 | Price change | $399,900-23.1%$168/sqft |
Source: | ||
| 12/3/2025 | Listed for sale | $519,900$218/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,672 +56.3% | $129,740 +7.8% |
| 2023 | $2,989 +5.7% | $120,310 +19.1% |
| 2022 | $2,827 +0.4% | $101,030 -1.1% |
| 2021 | $2,816 | $102,160 +3.7% |
| 2020 | -- | $98,560 +7.1% |
| 2019 | $2,783 +10% | $92,010 -12.2% |
| 2018 | $2,530 | $104,820 |
| 2017 | -- | $104,820 +6.6% |
| 2016 | -- | $98,370 +5.9% |
| 2015 | -- | $92,860 +12.2% |
| 2014 | -- | $82,730 +13.9% |
| 2011 | -- | $72,640 -19.5% |
| 2010 | $2,870 -6.1% | $90,240 -23.4% |
| 2009 | $3,056 +111.9% | $117,860 -45.4% |
| 2005 | $1,442 | $216,050 +71.8% |
| 2003 | -- | $125,770 +13.2% |
| 2002 | -- | $111,150 +35.3% |
| 2001 | $2,342 +8.4% | $82,180 +3.2% |
| 2000 | $2,162 | $79,640 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,382/mo
Principal & interest
$1935
Property taxes
$447
More affordability tools
Climate risks
Neighborhood: 48327
Nearby schools
GreatSchools rating
- 5/10Knudsen Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Mason Middle SchoolGrades: 6-8Distance: 3.9 mi
- 5/10Waterford Mott High SchoolGrades: 9-12Distance: 2.6 mi
Local experts in 48327
- Michigan
- Oakland County
- Waterford
- 48327
- 5274 Cooley Lake Rd






