903 S. Lake Drive Novi, MI $ 549,900
903 S. Lake Drive
$ 549,900
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903 S. Lake Drive

Novi, MI, 48377
$ 549,900
Baths0.0

Monthly Estimate*

$ 3,386

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Studio

Lots and Land for sale in Novi, MI

for $549,900. The lot size is 0.15.

RARE OPPORTUNITY TO BUILD YOUR DREAM HOME W/ PRIVATE LOT ON WALLED LAKE! 42 FEET OF FRONTAGE ON WALLED LAKE. FENCED WITH SEAWALL. 903 South Lake Drive is a vacant lakefront property–in Novi–waiting for a new home on highly desirable Walled Lake, an all-sports lake. Includes both vacant lot and fenced-in lake lot with seawall. The waterfront lot directly across the street is also 41.50 ft. wide. 903 South Lake Drive has access to city water and sewer. This property is in Walled Lake School District. There are five restaurants on the lake that you can access by boat, bike or foot. There are beaches on the Walled Lake and Novi sides of the lake, as well as two City of Novi parks (Lakeshore & Pavilion Shore) that are walkable from the property. This location in Novi has very easy access to expressways. It is just a mile from Twelve Oaks Mall and other shopping and dining. The property is just steps away from Novi’s largest park, the newly renovated Lakeshore Park. It is also a very short walk from Pavilion Shore Park, where you will find plenty of greenspace for picnics, play, and waterfront relaxation. Mercer Beach is also conveniently on the north side of the lake and in downtown Walled Lake. Driving around Walled Lake, you will find examples of homes that have been built on same or similar-sized lots as this one. We've included pictures of narrow type homes for ideas. This is an amazing opportunity to build your dream home with lakefront property on Walled Lake--Cash, Land Contract, Conventional Loans Considered. Don't miss your chance to own this one-of-a-kind property!

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Lots and Land Active

Price

$ 549,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,028

Style

UnimprovedLand

Lot Size

0.15

Town/City

Novi

County/Region

Oakland

MLS | Web ID

20261032109

Features
General
Sewer PublicSewer SewerAtStreet
Possession AtClose
Garage Spaces 0.0
Property Subtype UnimprovedLand
Current Use Unimproved
Waterfront Features AcrosstheRoadWaterFrontage AllSportsLake DirectWaterFrontage DockFacilities LakeFront LakePrivileges PrivateWaterFrontage Waterfront
County Oakland
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name IDLEMERE PARK
Garage Y/N N
Status Active
Directions NOVI RD N TO 13 MILE. S LAKE INTERSECTION W TO PROPERTY
City NoviCity_Oakland
Body of Water Walled Lake
Disclosures NoMineralRights Restrictions
Senior Community Y/N N
High School District WalledLake
Zoning Description Residential
MLS Area Area02223Novi
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1028.91
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 Active
Tax Assessed Value 83020
Expected Active Date 2026-05-08
Legal Description T1N R8E SEC 3 IDLEMERE PARK LOT 18
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Exterior
Fencing Fenced
Lot Features WaterView
Water Source Public WateratStreet
Spa N
Lot Dimensions 41.5X104.25
Lot Size Acres 0.15
Waterfront Y/N Y
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 903
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* Excluded Features
List By
Rick D Nessel

Listing Agent

National Realty Centers, Inc

Broker

(248) 361-0903

Phone

Affordability Calculator

$3,471
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$86
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4909486 Elementary School
4909765 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$549,900 Listed Price

Map


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903 S. Lake Drive, Novi, MI, 48377 is a Lots and Land for sale at $549,900 with a lot size of 0.15. 903 S. Lake Drive is a studio with 0.0 baths. The property's zip code is 48377 which is in Novi, MI