Enjoy lake views from this 1-bedroom, 1-bath condo overlooking private Elizabeth Lake. The unit includes a deeded boat slip, detached garage, shared basement space, and in-unit laundry. Rare opportunity for lake access in Oakland County for under $200k. Listing broker is related to selling party.
For sale
$190,000
5375 Cooley Lake Rd APT 2, Waterford, MI 48327
1beds
780sqft
Est.:
Townhouse
Built in 1966
-- sqft lot
$186,000 Zestimate®
$244/sqft
$300/mo HOA
What's special
Detached garageDeeded boat slipShared basement spaceOverlooking private elizabeth lakeLake viewsIn-unit laundry
- 27 days |
- 1,349 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: February 11, 2026 at 12:27pm
Listed by:
Michael McClafferty 248-972-7040,
OakPointe Real Estate Advisors 248-972-7040
Source: Realcomp II,MLS#: 20261008281
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 4
- Dimensions: 2 X 2
Other
- Level: Entry
Heating
- Baseboard, Electric
Cooling
- Window Units
Appliances
- Included: Built In Electric Oven, Dishwasher, Free Standing Refrigerator, Microwave, Washer Dryer Stacked
- Laundry: In Unit
Features
- Basement: Common,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 780 sqft
- Finished area above ground: 780
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- On waterfront: Yes
- Waterfront features: All Sports Lake, Direct Water Frontage, Dock Facilities, Lake Front, Lake Privileges, Private Water Frontage, Waterfront
- Body of water: Elizabeth Lake
Details
- Parcel number: 1328455018
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Brownstone
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1966
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: ELIZABETH LKSHORE APTS CONDOS
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
- HOA fee: $300 monthly
- HOA phone: 734-330-5125
Location
- Region: Waterford
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $84,960
- Annual tax amount: $3,311
- Date on market: 2/9/2026
- Cumulative days on market: 27 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$186,000
$177,000 - $195,000
$971/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Listed for sale | $190,000+22.6%$244/sqft |
Source:  Realcomp II #20261008281 Report a problem | ||
| 10/19/2025 | Listing removed | $1,525$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2025 | Price change | $1,525-4.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/28/2025 | Listed for rent | $1,599-3.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Listing removed | $1,650$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/19/2025 | Listed for rent | $1,650+15.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/25/2022 | Listed for rent | $1,425$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/15/2022 | Sold | $155,000+41.6%$199/sqft |
Source: Public Record Report a problem | ||
| 7/7/2009 | Sold | $109,482+46%$140/sqft |
Source: Public Record Report a problem | ||
| 1/15/1998 | Sold | $75,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,552 +100.8% | $82,410 +3% |
| 2023 | $2,267 +7% | $80,000 +23% |
| 2022 | $2,118 +50.8% | $65,040 +2.6% |
| 2021 | $1,404 | $63,390 -0.1% |
| 2020 | -- | $63,460 +1.1% |
| 2019 | $2,084 +8.4% | $62,770 +0.5% |
| 2018 | $1,923 | $62,480 |
| 2017 | -- | $62,480 0% |
| 2016 | -- | $62,500 +56.7% |
| 2015 | -- | $39,890 +8.6% |
| 2014 | -- | $36,740 +2% |
| 2011 | -- | $36,010 -18.4% |
| 2010 | $2,352 -20.2% | $44,120 -22.8% |
| 2009 | $2,947 | $57,170 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,492/mo
Principal & interest
$980
HOA Fees
$300
Property taxes
$212
Climate risks
Neighborhood: 48327
Nearby schools
GreatSchools rating
- 7/10Haviland Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Pierce Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Waterford Mott High SchoolGrades: 9-12Distance: 2.8 mi
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