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Posts Tagged ‘waterford mi lakefront real estate’

Lotus and Maceday Lakes Lakefront Real Estate Sales

Maceday and Lotus are both all sports lakes and are connected for a total acreage of 419 acres. Maceday Lake is located in Waterford, Michigan. The majority of Lotus Lake is located in Waterford Township, but the northern tip falls into Independence Township (more commonly known as Clarkston). There is a public access site at Williams Lake Rd just east of Maceday Lake Rd.

Maceday and Lotus Lakes are all sports lakes- great for the water skier or jet skier in the summer and snowmobiler in the winter.

For the fisherman, Maceday Lake is a designated trout lake and was stocked last fall with 1,000 lake trout with some of the fish being up to 18 inches long and ranging in age from 2-4 years. Maceday Lake was also stocked with 12,000 rainbow trout in 2010 and another 12,760 rainbow trout in April, 2010. It was stocked with 15,000 splake (brook trout/lake trout cross) in March of 2009 and 13,300 in April of 2010.

In 2005 sale prices on Maceday and Lotus lakes ranged from $245,000 – $1,150,000.

In 2009 sale prices ranged from $76,000 – $590,000. 9 of the 12 sales in 2009 were under $200K and one of those sold for under $100K. Of the 12 sales in 2009 3 were bank owned, 3 were short sales, and there were 3 sold listings where the listing agent didn’t bother filling in the lake name field of the MLS. That is 25% of the sold listings that would not have come up in a search looking specifically looking for Lotus or Maceday Lake.

There were 13 sales reported in 2010 ranging in price from $100,000-$475,000. There was only 1 bank owned sale, but over half the total sales were short sales (7 short sales). In general prices in 2010 were higher than in 2009- see charts below.

In 2011 there were 12 closed sales on Maceday and Lotus Lakes ranging in sale price from $57,000-$650,000- 1 bank owned. 1short sale, and 10 regular (non distressed) sales.

So far in 2012 there have been 19 closed sales ranging in price from $120,000-$770,000- 2 bank owned and 3 short sales. So far this year the average sales price is $282,085 and a median sales price of $255,000 and a total sales volume of $5,359,615.

Please don’t hesitate to contact me if you are considering buying or selling a home on all sports Maceday Lake or Lotus Lake.

Please don’t hesitate to contact me if you are considering buying or selling a home on all sports Maceday or Lotus Lakes.

Jackie Hawley, Realtor
ReMax Encore, Clarkston MI

Cell: (248)736-6407

Jackie@JackieHawley.com

www.MacedayLake.com

www.SearchMichiganMLSListings.com

Lower Straits Lake

www.OaklandCountyMichiganLakes.com

Waterford MI Lakefront Homes For Sale

Clarkston MI Lakefront Homes For Sale

White Lake/Highland MI Lakefront Homes For Sale

Lake Orion/Oxford/Addison MI Lakefront Homes For Sale

Lapeer MI Lakefront Homes For Sale

www.LakeOaklandHomes.com

Sylvan and Otter Lake

www.LakeOrionLakeFrontRealEstate.com

For Sellers- www.JHawleyAndAssoc.com

For Sellers- www.AreaRealEstateExperts.com

www.ClarkstonMichiganRealEstate.com

www.MiRelocation.com

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Sylvan and Otter Lakes Lakefront Real Estate Sales Sylvan Otter Lake is a 530 acre all sports lake located in Waterford and West Bloomfield Townships and the Village of Sylvan Lake- south of Highland Rd (M-59), north of Orchard Lake Rd, east of Cass Lake Rd and west of Telegraph. Weed control is taken care of by the Sylvan Otter Lake Association. There is a state licensed water ski course on the south side of Otter Lake running along the edge of the swamp. Oakland County Boat Club is a private not for profit social club and marina located in Sylvan Lake since 1912 and is usually in charge of the Fourth of July fireworks.

Sylvan Otter Lake Association

Oakland County Boat Club

Sales for lakefront home sales in 2012, so far, have been much improved. Unit sales are up from 2011, average and median sale prices are up, and so far there has been over $3 million more in sales on Sylvan and Otter Lakes.

If you are considering buying or selling a home on Sylvan Otter Lake please don’t hesitate to contact me.

There are currently 7 active listings on Sylvan and Otter Lake– all normal sales ranging in asking price from $329,900-$559,000.

Compliments of Jackie Hawley of the JHawley and Associates Real Estate Team at ReMax Encore in Clarkston MI.

www.MiRelocation.com       www.LakeOaklandHomes.com       www.MacedayLake.com

Sylvan and Otter Lake

www.SearchMichiganMLSListings.com

Cell: (248)736-6407

Jackie@JackieHawley.com

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Lake Oakland Lakefront Real Estate- Rising Prices- Low Inventory

So far there have been 4 closed sales this year on Lake Oakland in Clarkston and Waterford MI with prices ranging from $245,000-$751,871 with an average sales price of $414,218.

Last year the average sales price on Lake Oakland was $223,320 and in 2010 the average sales price was $194,677.

3 of the 4 sales this year were “normal” sales with only one bank owned home compared to last year when half the sales on Lake Oakland were distressed sales and 64% of the sales in 2010 were distressed sales.

Houses are selling quickly and close to asking price. I had a buyer client get into a bidding war a couple weeks ago and our over asking price offer with a very strong buyer lost out.

There are currently 8 sales pending and 8 active listings on Lake Oakland.

For More Information About Lake Oakland

Oakland County Lakes

Search The MLS

Selling Your Lake Oakland Home

Jackie Hawley

ReMax Encore

Cell: 248-736-6407

Jackie@JackieHawley.com

www.MiRelocation.com

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Pontiac Lake Lakefront Real Estate White Lake and Waterford MI

Pontiac Lake is a 585 acre all sports lake located in White Lake Township and Waterford Township Michigan. Pontiac Lake is part of the Huron River chain that eventually dumps into Lake Erie. For the fisherman Pontiac Lake was stocked in the 80’s and 90’s through 2002 with  black crappie, bluegill, channel catfish, largemouth bass, northern pike, walleye and yellow perch.

For the boater/jet skier Pontiac Lake is one of the larger all sports lakes in Oakland County MI and host to Quake on the Lake, a inboard hydroplane race that has been held annually on Pontiac Lake. This year’s race will be held July 16 and 17, 2011 and offers live entertainment, classic cars, and carnival. Approximately 35,000 people attend annually.

Pontiac Lake Property Owners Association

Pontiac Lake is surrounded on 3 sides by Pontiac Lake Recreation Area– over 3700 acres of state land which offers horseback riding, hunting, snowmobiling, shooting/archery range, boat access and beach on Pontiac Lake and much more. Even though the Pontiac Lake area offers almost everything the outdoors person could want, it is still only minutes from M-59, shopping, airport, restaurants and much more.

Real estate sales on Pontiac Lake have gone through rough times just like the rest of Michigan. In 2004 sales of lakefront homes on Pontiac ranged from $179,900-$288,000 (as reported Realcomp II MLS). In 2010 sales ranged from $57,00-$230,000 with only 2 sales over $200,000. So far in 2011 (March 11) sale prices for lakefront homes have ranged from $88,900-$180,000. There is currently 1 sale pending on Pontiac Lake- a bank owned home with an asking price of $199,900 and there are currently 4 active listings: 1 short sale asking $64,900 and 3 “normal” sales with asking prices of $149,000, $207,900 and $272,500.

Sale prices in 2010 didn’t seem to be much different than in 2009 which is consistent with other indicators of a stabilizing real estate market. As the foreclosure sales decrease, prices should start to increase. But buying a home on all sports Pontiac Lake isn’t just an investment decision; it’s a lifestyle decision.

If you are interested in buying or selling a home on all sports Pontiac Lake, please don’t hesitate to contact me.

For Non-Distressed Sellers

Buying a Short Sale- They’re Not For Everybody

Lakefront Real Estate

Jackie Hawley
cell: (248)736-6407
email:
Jackie@JackieHawley.com

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Silver Lake Lakefront Real Estate Sales

Silver Lake is a 101 acre all sports lake in Waterford Michigan– between Walton Blvd and Silver Lake all sports lakefront homes for sale waterford michigan lakefront real estateDixie Hwy and west of Silver Lake Rd. In the 2003-2005 peak times lakefront houses on Silver Lake typically sold in the three hundred, four hundred and five hundred thousand area with an occasional house selling in the six hundred thousand neighborhood.

Today sale prices on all sports Silver Lake are ranging from $150K range to the $450K range with a mixture of newer homes and older homes. Prices in 2010 seem to be pretty much on par with 2009, though still a long way from the peak times of a few years ago. On March 1, 2011 there were 4 active listings ranging is asking price from $219,900-$384,900 and there were 2 sales pending with asking prices of $200,000 and $299,000. Homes on Silver Lake may fall into either the Waterford school district or Pontiac school district this seems to be a rare case of school district not having an impact on price.

Below are sale charts for various years for Silver Lake lakefront homes. The charts are as complete as the data input in the MLS.

For a list of homes for sale on all sports Silver Lake please don’t hesitate to contact me.

Jackie Hawley

cell: (248)736-6407

email: Jackie@JackieHawley.com

Making an Offer- How Not to Buy a House

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Oakland County Lakefront Real Estate

Oakland County MI Lakefront Homes for Sale

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Maceday and Lotus Lakes– Houses Were More Expensive in 2010 Than in 2009

all sports lakeMaceday and Lotus Lakes are all sports lakes in northern Waterford MI and spilling over into Clarkston MI. The 2 lakes are connected for a total 419 acres. There were 12 sales on Maceday and Lotus Lakes in 2009 ranging in price from $76,000-$590,000. In 2010 there were 13 sales ranging in sale price from $100,000-$475,000.

A little bit more detailed breakdown of the sales for Maceday and Lotus Lakes:

2009 there were 3 bank owned sales
2010 there was 1 bank owned sale

2009 there were 3 short sales
2010 there were 7 short sales

2009 76% of the sales were under $200,000
2010 38% of the sales were under $200,000

2009 8% of the sales were between $200,000 and $300,000
2010 32% of the sales were between $200,000 and $300,000

2009 16% of the sales were over $300,000
2010 30% of the sales were over $300,000

2010 sales data for maceday and lotus lakes

2010 Sales Data

2009 sales data for maceday and lotus lakes

2009 Sales Data

 

Are home priceson Maceday Lake and Lotus Lake on the rise? Or were there just nicer houses for sale in 2010? I think it may have been some of both.

On Feb. 11, 2011 there were 4 sales pending ranging in asking prices from $204,900-$789,877 and only 1 of those was a distressed sale (1 short sale and 3 regular sales).

On Feb 1, 2011 there were 9 active listings on Maceday and Lotus Lakes ranging in asking price from $200,000-$3,800,000- 1 short sale, 0 bank owned listings with the rest being regular sales.

Maceday and Lotus Lakes are all sports lakes- great for the water skier or jet skierin the summer and snowmobiler in the winter.There is a public access site at Williams Lake Rd just east of Maceday Lake Rd.

For the fisherman, Maceday Lake is a designated trout lakeand was stocked last fall with 1,000 lake trout with some of the fish being up to 18 inches long and ranging in age from 2-4 years. Maceday Lake was also stocked with 12,000 rainbow trout in 2010 and another 12,760 rainbow trout in April, 2010. It was stocked with 15,000 splake (brook trout/lake trout cross) in March of 2009 and 13,300 in April of 2010.

In 2005 sale prices on Maceday and Lotus Lakes ranged from $245,000 – $1,150,000.

Please don’t hesitate to contact me if you are considering buying or selling a home on all sports Maceday Lake or Lotus Lake.

Jackie Hawley
Keller Williams Realty
cell: (248)736-6407

Jackie@JackieHawley.com

Oakland County Michigan Lakes

Oakland County MI

Search the MLS

Waterford MI Lakefront Homes for Sale

Clarkston MI Lakefront Homes for Sale

from flickr courtesy flyfshrmn98

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