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53213 Bay Laurel Ln, South Lyon, MI, 48178

5beds
4baths
3,577sqft
$774,900
$217price/sqft
$5,324/moest. monthly cost
$212,960/yrincome needed

About This Home

Experience refined living in this beautifully updated home located in the highly sought-after South Lyon Community Schools district. Thoughtfully designed with both elegance and comfort in mind, this residence offers expansive living spaces, sophisticated updates, and an exceptional setting ideal for both everyday living and upscale entertaining. At the heart of the home is a stunning, fully renovated kitchen that seamlessly blends style and functionality. Featuring generous counter space, high-end finishes, and an open flow into the main living areas, it creates the perfect environment for hosting gatherings or enjoying quiet evenings at home. The home’s oversized rooms and open layout provide a sense of scale and airiness rarely found, creating a truly elevated living experience. A versatile loft area offers additional living space ideal for a children’s play retreat, media lounge, or creative studio—adding flexibility to suit today’s modern lifestyles. Step outside to your own private outdoor sanctuary. The expansive patio provides the perfect setting for summer entertaining, al fresco dining, and evening relaxation. A full perimeter of mature arborvitaes surrounds the backyard, creating a lush natural wall of privacy and tranquility. With extensive updates, grand living spaces, and a premier location, this exceptional property offers a rare opportunity to enjoy luxury, comfort, and privacy all in one remarkable home. A residence where sophistication meets everyday living.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

9/10
Millennium Middle SchoolGrades 6-84.1 mi
8/10

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Basement,Poured,Sump Pump
  • Roof: Asphalt
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Other
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Daylight,Full,Unfinished

Bedroom

  • Level: Entry
  • Area: 143
  • Dimensions: 13 X 11

Bedroom

  • Level: Second
  • Area: 156
  • Dimensions: 12 X 13

Bedroom

  • Level: Second
  • Area: 168
  • Dimensions: 12 X 14

Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 12 X 15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 3,577

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 3,577 sqft

Other

  • Level: Second
  • Area: 72
  • Dimensions: 12 X 6

Other

  • Level: Entry
  • Area: 96
  • Dimensions: 12 X 8

Other

  • Level: Entry
  • Area: 36
  • Dimensions: 6 X 6

Other

  • Level: Second
  • Area: 143
  • Dimensions: 11 X 13

Primary Bedroom

  • Level: Second
  • Area: 156
  • Dimensions: 12 X 13

Property

Details

  • Parcel number: 2123402043
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Three
  • Stories: 3
  • Entry location: GroundLevel
  • Pool features: None

Lot

  • Lot size: 0.27 Acres
  • Lot size dimensions: 66 x 139

Parking

  • Total spaces: 2.5
  • Parking features: Twoand Half Car Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 2.5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,918$47,016
Home Insurance *$209$2,508
Property Taxes $807$9,684
Electricity $390$4,681
Total$5,324$63,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,537/yr
40% on housing$159,720/yr
45% on housing$141,973/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$217This listing

vs Other Active Listings

Avg $/sqft

ZIP 48178$165
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48178$222
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Listed for sale$820,000
2026-05-11Listing removed$820,000
2026-04-29Price change$820,000
2026-04-16Listed for sale$835,000
2026-04-15Listing removed$835,000
2026-04-15Price change$835,000
2026-03-09Listed for sale$850,000
2021-12-14Listing removed--
2021-09-03Listed for sale$665,710
2021-06-30Listing removed--
2021-06-20Price change$665,710
2021-06-18Price change$659,710
2021-04-29Price change$661,005
2021-04-10Listed for sale$651,005
2021-02-22Listing removed--
2021-02-19Price change$645,005
2021-02-09Price change$642,005
2021-01-31Price change$640,005
2021-01-29Listed for sale$640,505

For Sale by Agent

AgentLee A Ehlers
BrokerageRedefine Real Estate

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