50861 Chesapeake

Novi, MI
$ 1,150,000 Beds 6 Baths 6 Sq 5,415
Monthly Estimate* How much can I afford?

ABSOLUTELY MAGNIFICENT- Timing is everything! Just when you thought you would be "stuck inside" w/nothing to do, this custom-built home comes w/ amenities galore! Luxury estate located in the region's only resort class, lakefront community where one can enjoy sand volleyball, tennis, boating and breathtaking walking trails! You will be awed by the two-story, marble foyer w/dual circular staircase, gourmet kitchen & the sunroom overlooking pool. 1st fl guest/in-law suite, the indoor basketball/racquetball/volleyball/pickleball court, and the spectacular walk-up lower level boasting a huge rec rm, 2nd full kitchen, bedroom, full bath and abundant storage! Home has 5 bedrooms up and 1 on main. The quality features, finishing touches, and versatility throughout are impossible to list and absolutely priceless! Come experience a home like no other in the heart of Novi with renowned school district, world class library, endless activities, shopping, restaurants, proximity to freeways!

Single Family

  • Price
  • $ 1,150,000
  • Lot Size
  • 0.43 Acres
  • Bedrooms
  • 6
  • Sqr Footage
  • 5,415
  • Full Bathrooms
  • 6
  • Year Built
  • 2008
  • Half Bathrooms
  • 0
  • City, Zip
  • Novi
  • Taxes
  • $ 15797
  • County
  • OAKLAND
  • Style
  • Colonial
  • Area
  • Novi
  • MLS#
  • 40258978
  • Zip
  • 483742
Listing Provided by: Coldwell Banker Weir Manuel-Northville - 248-347-3050
Data Source: MiRealSource (MIRS)

Features

General

Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Basement Finished, Outside Entrance
Bathrooms 6
Beds 6
Class RESIDENTIAL
Cooling Ceiling Fan(s)
Directions Enter Island Lake from Drakes Bay off Wixom to home
Exterior Features Fenced Yard, Inground Pool, Patio, Porch, Tennis Court(s)
Fee Amount 350
Fee Schedule Quarterly
Financial Terms Cash, Conventional
Fireplaces FamRoom Fireplace, Gas Fireplace
Full Baths 6
Garage Attached Garage, Electric in Garage, Gar Door Opener, Side Loading Garage
HOA Fee Includes Club House Included, Community Pool
Heating Forced Air
Interior Features Cable/Internet Avail., DSL Available, Spa/Jetted Tub
Kitchen Level Entry
Listing Area Novi (63272)
Manufactured Y/n No
Municipality Novi
Originating Mls RealComp
Ownership Private
Pets Allowed Yes
School District Novi Community School District
Source Mls MI Real Source
Status Active
Status Active
Structure Style 2 Story
Style Colonial
Subdivision ISLAND LAKE ORCHARDS CONDO
Subj To Short Sale Apprvl No
Type Single Family
Water Public Water
Water Heater Gas
Year Built 2008

Interior Features

Basement Y/n Yes
Bedroom 1 Length 29
Bedroom 1 Level Second
Bedroom 1 Width 16
Bedroom 2 Length 12
Bedroom 2 Width 12
Bedroom 3 Length 12
Bedroom 3 Width 11
Bedroom 4 Length 15
Bedroom 4 Width 12
Bedroom 5 Length 15
Bedroom 5 Width 12
Bedroom 6 Length 12
Bedroom 6 Level Second
Bedroom 6 Width 12
Breakfast Nook Length 19
Breakfast Nook Level Entry
Breakfast Nook Width 12
Dining Room Length 19
Dining Room Level Entry
Dining Room Width 12
Family Room Length 20
Family Room Level Entry
Family Room Width 17
Fireplace? Yes
Kitchen Length 18
Kitchen Width 15
Laundry Room Length 6
Laundry Room Level Entry
Laundry Room Width 8
Library/den Length 11
Library/den Level Basement
Library/den Width 12
Living Room Length 16
Living Room Level Entry
Living Room Width 12
Total Rooms 25

Exterior Features

Bedroom 2 Level Entry
Bedroom 3 Level Second
Bedroom 4 Level Second
Bedroom 5 Level Second
Body of Water island lake
Exterior Brick, Other
Foundation Type Basement
Frontage 98
Garage # Of Car 3
Lot Dimensions 98 x 147 x 138 x 181
Lot Size Area 0.43
Roads Paved Street
Water Features Lake/River Access
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Shelby Township, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/1/2021 Listed $1,150,000

Property vs Zip Code Average in 483742

Price
AVG $850K
$1.15M
Taxes
AVG $10,358
$15,797
Visits
AVG 2
7
Year Built
AVG 1999
2008

Map

Areas That We Cover

50861 Chesapeake Novi, MI is a Single Family Home for sale at $1150000 with 5415 sqft and a lot size of 0.43 Acres Acre(s). 50861 Chesapeake Novi has 6 bedrooms, 6 baths and was built in 2008. The property's zip code is 483742 which is in Novi, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.