1048 Otter Avenue Waterford Twp, MI 48328
Listing Courtesy of: DETROIT MI MLS / Coldwell Banker Professionals / Gabrielle Letts

  1048 Otter Avenue Waterford Twp, MI 48328

Active (38 Days)


Introducing a rare waterfront gem with an unbeatable price! This stunning brick ranch boasts 3 beds, 2.5 baths, and a wealth of features, all priced below appraised value. Nestled on Sylvan/Otter Lake, this property includes a private 17-acre island, a charming boathouse, and a walkout basement with a second kitchen. There are so many incredible opportunities with this property just waiting to be unveiled!

The first floor holds everything you need including a heated garage, laundry/mudroom, a second bedroom/office, and a luxurious suite with a gas fireplace, jetted tub, separate stand up shower and a sliding door that leads outside to catch the morning sunrise over the canal and island. The updated kitchen with granite countertops and new stainless steel appliances adds a touch of sophistication - a perfect space for anyone who loves to cook.

The walkout basement offers endless possibilities with a full kitchen, a huge third bedroom or recreational area with a 2nd gas lit fireplace, a bonus room for workouts or guests, and a full bathroom. This space is perfect for income generation or accommodating extra guests or a larger family.

Outside, you'll find a steel seawall, gutter guards, a gazebo, and a rare, grandfathered in 20x22 single stall boat house, along with additional storage shed. Don't miss out on the chance to own a slice of waterfront paradise at an incredible value!

**Please keep in mind that any and all construction or information on the island will need be obtained by the purchaser including but not limited to a wetland survey and/or township approval **

MLS #:
Lot Size
17.19 acres
Single-Family Home
Year Built
School District
Oakland County

Listed By

Gabrielle Letts, Coldwell Banker Professionals
Last checked Feb 29 2024 at 4:15 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Interior Features
  • Jetted Tub
  • Cable Available
  • 220 Volts
  • Washer
  • Microwave
  • Free-Standing Refrigerator
  • Free-Standing Gas Range
  • Dryer
  • Dishwasher
  • Meyering Land Co's Cass-sylvan Lake Com
Lot Information
  • Water View
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Walkout Access
  • Partially Finished
Pool Information
  • 0
Exterior Features
  • Fenced
  • Roof: Asphalt
Utility Information
  • Utilities: Water at Street
  • Sewer: Sewer at Street
  • Fuel: Natural Gas
  • Attached
  • 1 Story
Additional Listing Info
  • Buyer Brokerage Commission: 3%
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Listing Price History

% Change
$ (+/-)
Feb 13, 2024
Price Changed
Jan 22, 2024
Original Price
Disclaimer: Copyright 2024 Detroit/RealComp MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2/29/24 08:15