50623 Chesapeake Drive Novi, MI $ 1,450,000
50623 Chesapeake Drive
$ 1,450,000
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50623 Chesapeake Drive

Novi, MI, 48374
$ 1,450,000
Bedrooms5 Baths5.1 Sq 6,465

Monthly Estimate*

$ 9,046

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Single Family Home for sale in Novi, MI

for $1,450,000 with 5 bedrooms and 5 full baths, 1 half bath. This 6,465 square foot home was built in 2005 on a lot size of 0.42.

Completely renovated from top to bottom! Do not miss this exceptional 5-bedroom, 5.1-bath home in the highly desirable Island Lake of Novi subdivision. A dramatic two-story foyer with heated flooring welcomes you inside. Enjoy the convenience of dual primary suites — one on the main level and one upstairs — both featuring beautifully updated spa-like bathrooms with heated tile floors and heated towel racks. The chef’s kitchen is a true showstopper, offering a massive waterfall island, Sub-Zero & Wolf appliances, heated tile flooring, and generous dining space. The great room boasts soaring ceilings, a sleek commercial-grade ceiling fan, and a modern fireplace — perfect for gatherings and relaxing. The fully finished walk-up lower level offers incredible additional living and entertainment space, including the potential for two extra bedrooms, a full bathroom, large recreation area, and a wet bar/second kitchen with dual refrigerators — ideal for hosting family and friends. Smart-home and security upgrades include a hardwired security camera system, additional motion-activated exterior camera lighting, and an alarm system for enhanced peace of mind. Additional highlights include a 3-car garage with epoxy flooring, paver patio, high-end finishes throughout, washer and dryer on both the entry and second level, and invisible-fence wiring for pets. Located in one of Novi’s premier luxury communities offering award-winning Novi Schools and world-class amenities: private boathouse, swimming pool, tennis & pickle-ball courts, lake access with boat slips, walking trails, food trucks, community events, and more — all just steps from your door. This is luxury living at its finest — welcome home!

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Single Family Pending

Price

$ 1,450,000

Bedrooms

5

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 14,847

Style

Colonial

Lot Size

0.42

Year Built

2005

Town/City

Novi

County/Region

Oakland

MLS | Web ID

20251051066

Features
Interior
Interior Amenities WetBar
Basement Finished WalkUpAccess
Fireplace Features GreatRoom
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 4165.0
Half Baths 1
Laundry Features LaundryRoom
Total Bedrooms 5
Below Grade Finished Area 2300.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 6
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General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Appliances BuiltInGasRange BuiltInRefrigerator Dryer FreeStandingRefrigerator Microwave RangeHood StainlessSteelAppliances WasherDryerStacked Washer WineRefrigerator
HOA Fee 343.0
Garage Spaces 3.0
Architectural Style Colonial
Pool Features Community InGround
Security Features ExteriorVideoSurveillance SecuritySystemOwned
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Year Built 2005
Levels Two
Property Subtype SingleFamilyResidence
Assoc Fee Paid Per Quarterly
County Oakland
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name ISLAND LAKE ORCHARDS CONDO
Garage Y/N Y
Total Rooms 15
Full Baths 5
Status Pending
Directions North of 10 mile East of Napier
City NoviCity_Oakland
Disclosures ExclusionsDoNotExist TaxesHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Novi
MLS Area Area02221NoviTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 14847.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Vacant
Tax Assessed Value 406230
Expected Active Date 2025-11-06
Legal Description T1N R8E SEC 19 OAKLAND COUNTY CONDOMINIUM PLAN NO 1552 ISLAND LAKE ORCHARDS UNIT 169 L 30468 P 611 11-22-04 FR 300-007
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Exterior
Parking Features ThreeCarGarage Attached DirectAccess Driveway ElectricityinGarage GarageDoorOpener
Water Source Other
Foundation Details Basement Poured
Spa N
Lot Dimensions Irregular
Lot Size Acres 0.42
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 50623
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* Excluded Features
List By
Zachary Ribitwer

Listing Agent

Kw Domain

Broker

(248) 891-1966

Phone

Affordability Calculator

$10,283
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,046
Monthly Property Taxes
$1,237
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
848060 Elementary School
848575 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2025$1,450,000 Listed Price

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50623 Chesapeake Drive, Novi, MI, 48374 is a Single Family Home for sale at $1,450,000 with 6,465 sqft and a lot size of 0.42. 50623 Chesapeake Drive has 5 bedrooms, 5.1 baths, and was built in 2005. The property's zip code is 48374 which is in Novi, MI