Check Availability
$699,900
House - For Sale

260 Oak Island Drive

Wolverine Lake, MI 48390
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2000 Sqft
$4,067
Estimated Monthly
$0
HOA / Fees
2.35%
Cap Rate

About This Property

Lakefront paradise flaunting 125' of frontage+135' on the canal. Tucked discreetly on Oak Island, it offers up-north vibes with lush greenery, sunset views& walkout basement grades. The heart of this home is at the lake level where an open layout allows for seamless movement. Living rm has marble firepl,wood flrs&quaint cubby.French door to kit connects to lrg dining rm. 2nd level: Sprawling primary bedrm, 2nd firpl, organized built-ins. Bunk bedrm has tall ceil's&wood flrs. You'll find updated amenities without losing the vintage appeal. Updated electrical,multi level deck,seawall,dock & boathouse. 2 level garage. Consider splitting the land& building! (Word has it that the Ford family owned this back in the day as a lodge) Enjoy Tikki night, Corn Roasts, Raft-offs,5K's,&more events.

The manager has listed the unit size as 2000 square feet.
Unit Size
2,000Ft²
Days on Market
76 days
Land Size
0.36 acres
Price per sqft
$350
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1925
Listed By
Last updated: 30 days ago (GRARMI #24007206)

Price History

Date / Event Date Event Price
Feb 12, 2024 Listed by RE/MAX Classic $699,900
Listed by RE/MAX Classic
Sep 27, 2022 No longer available -
No longer available
Jul 12, 2022 Price Decreased $779,900
↓ $20K (2.5%)
Price Decreased
May 20, 2022 Price Decreased $799,900
↓ $50K (5.9%)
Price Decreased
Mar 14, 2022 Listed by RE/MAX Classic $849,900
Listed by RE/MAX Classic
ABSOLUTELY MAGNIFICENT LAKEFRONT PARCEL FLAUNTING 125' OF LAKE FRONTAGE+ANOTHER 135' ON THE CANAL. Located in a discreet area of the lake on quaint Stuarts Island,you'll experience an Up-North feeling. If you aspire to build a lake home,this is the place! It's situated on a road end,with lush greenery,sunset views &walkout basement grades. Here you'll find a charming vintage cottage with oodles of space&in excellent condition.The walkout lake level has an open living rm with a…

Property Highlights

Fireplace
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 2
  • Basement Area: 109
  • Garage Square Area: 192
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,638
  • Lot Size Depth Feet: 410
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,952
  • Building Area: 1,952
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: STUART'S OAK ISLAND SUB
  • Land Acres: 0.359
  • Legal Description 1: T2N, R8E, SEC 22 STUART'S OAK ISLAND SUB LOTS 127, 128 & 129

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Sep 21, 2023

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • School Tax School District: 63290
  • Census Tract: 134600

Zoning

  • Zoning: LI

Geography

  • District: EW
  • Parcel: EW-17-22-432-006
  • Lot: 127-129
  • Meridian: SEC 22 TWN 02N RNG 08E
  • Municipality: WOLVERINE LAKE VILLAGE
  • Latitude: 42.56
  • Longitude: -83.4801

    Address

  • Full Address: 260 Oak Island Dr
  • Address - House Number: 260
  • Address - Street Name: Oak Island
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Wolverine Lake
  • Carrier Code: C009
  • 4-Digit Zip Code: 2040
  • Zip Code: 48390

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,253

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 91
  • Final Value: 693,377
  • High Value: 758,101
  • Low Value: 628,654

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Feb 07, 2018
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 26, 2043
  • Second Open Lien Mortgage Lender: CHARTER ONE BANK NA
  • Second Open Lien Mortgage Recording Date: May 03, 2006
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 297
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Mar 16, 2031

    Market Valuation

  • Market Total Value: $513,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,740

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,546 ft²
$255/ft²
$649,000 Jul 26, 2023
-
$767/mo

About Walled Lake


Similar Homes for Sale


Nearby Rentals

Unit for rent at 22202 Alexa Drive, Commerce Twp, MI, 48390

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
22202 Alexa Drive, Commerce Twp, MI, 48390 Listing by Zen Chen
Unit for rent at 615 Leon Road, Walled Lake, MI, 48390

$2,000 /mo

  • 3 Beds
  • 1.5 Baths
  • 848 ft²
615 Leon Road, Walled Lake, MI, 48390 Listing by Alia J Belbeisi
Unit for rent at 4202 Cameron Circle, Commerce Twp, MI, 48390

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
4202 Cameron Circle, Commerce Twp, MI, 48390 Listing by Lixing Cao


Frequently Asked Questions

When was property at 260 Oak Island Drive built and last sold?
The property at 260 Oak Island Drive was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 260 Oak Island Drive is $693,464.
What are some comparable homes to 260 Oak Island Drive?
Homes that are comparable to 260 Oak Island Drive include a house property at 2547 South Commerce Road, located in Wolverine Lake, MI.

Quantcast