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5029 Forest Valley Dr, Independence, MI, 48348

6beds
8baths
9,218sqft
$2,999,000
$325price/sqft
$20,453/moest. monthly cost
$818,120/yrincome needed

About This Home

Welcome to your dream home on all-sports Walters Lake — with no public access — in scenic Clarkston. Custom built in 2021, with the basement and bonus room recently finished, this expansive 6-bedroom, 6.2-bath residence sits on nearly 2.5 acres and offers a massive composite deck, two primary suites (can be used as an in law quarters), two full kitchens, and a list of high-end features that's hard to beat. From the moment you enter, sweeping lake views and abundant wildlife set a serene tone. The open-concept main level is built for both everyday living and effortless entertaining, anchored by a sleek see-through fireplace and wired throughout with a high-end Sonos sound system inside and outside the home. Smart Lutron and Kasa switches put lighting and ambiance at your fingertips, and many other smart features like cameras, blinds, garage doors, irrigation system, and more. The home was crafted with spray foam insulation and Andersen 400 Series windows with massive energy efficiency. This home is ideal for hosting at any scale. Step outside to the expansive composite deck, partially covered, perfect for sunrise coffee, alfresco dining, or sunbathing just steps from the primary suite. Down on the lower level, a beautifully finished concrete patio extends the living space outdoors, while inside you'll find one of the most impressive home bars around, a golf simulator, and a fully equipped gym — built for entertaining and everyday enjoyment alike. The nearly 2.5-acre estate-sized lot gives you room for any outdoor activity you can imagine, and two fully finished, heated garages with metallic epoxy floors offer year-round space for vehicles and watercraft. A large floating private dock and boat lift are negotiable with the sale, making lake access turnkey for the right buyer. Zoned to Clarkston Community Schools, this is more than a home — it's a lakefront lifestyle. Schedule your private showing today and experience it for yourself.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

8/10
9/10
Clarkston High SchoolGrades 7-122.5 mi
8/10
Sashabaw Middle SchoolGrades 5-82.7 mi

Construction

Condition

  • Year built: 2021

Materials

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

Notable Dates

  • Major remodel year: 2025

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Convection Oven,Disposal,Exhaust Fan,Energy Star Qualified Dryer,Energy Star Qualified Dishwasher,Energy Star Qualified Freezer,Energy Star Qualified Refrigerator,Energy Star Qualified Washer,Free Standing Gas Range,Gas Cooktop,Ice Maker,Microwave,Stainless Steel Appliances,Washer Dryer Stacked,Water Purifier Owned,Wine Refrigerator,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk Out Access

Bedroom

  • Level: Second
  • Area: 160
  • Dimensions: 10 X 16

Bedroom

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

Bedroom

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

Bedroom

  • Level: Second
  • Area: 196
  • Dimensions: 14 X 14

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Dining Room

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

Features

  • Entrance Foyer,High Speed Internet,Programmable Thermostat,Sound System,Wet Bar
  • Window features: Energy Star Qualified Windows
  • Fireplace features: Electric,Gas,Kitchen,Other Locations,Master Bedroom
  • Fireplace: Yes
  • Finished area below ground: 2,513
  • Finished area above ground: 6,705

Flex Room

  • Level: Entry
  • Area: 165
  • Dimensions: 11 X 15

Heating & Cooling

  • Heating features: ENERGYSTAR Qualified Furnace Equipment,Energy Star Acca Rsi Qualified Installation,Natural Gas,Zoned
  • Cooling features: Central Air,ENERGYSTAR Qualified Ceiling Fans

Interior Area

  • Total interior livable area: 9,218 sqft

Kitchen

  • Level: Entry
  • Area: 858
  • Dimensions: 39 X 22

Other

  • Level: Second
  • Area: 100
  • Dimensions: 10 X 10

Other

  • Level: Second
  • Area: 65
  • Dimensions: 5 X 13

Other

  • Level: Basement
  • Area: 112
  • Dimensions: 14 X 8

Other

  • Level: Second
  • Area: 64
  • Dimensions: 8 X 8

Other

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

Other

  • Level: Second
  • Area: 32
  • Dimensions: 8 X 4

Other

  • Level: Second
  • Area: 182
  • Dimensions: 14 X 13

Primary Bathroom

  • Level: Entry
  • Area: 204
  • Dimensions: 12 X 17

Primary Bathroom

  • Level: Second
  • Area: 154
  • Dimensions: 11 X 14

Primary Bedroom

  • Level: Entry
  • Area: 352
  • Dimensions: 16 X 22

Primary Bedroom

  • Level: Second
  • Area: 210
  • Dimensions: 15 X 14

Property

Details

  • Parcel number: 0814227002
  • Special condition: Agent Owned,Short Sale No

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Covered,Deck,Patio,Porch
  • Exterior features: Balcony,Barbecue,Gutter Guard System,Lighting
  • On waterfront: Yes
  • Waterfront features: All Sports Lake,Direct Water Frontage,Lake Front,Lake Privileges,Private Water Frontage,Waterfront
  • Waterbody name: Walters Lake

Lot

  • Lot size: 2.45 Acres
  • Features: Irregular Lot,Water View,Sprinklers,Wooded
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 6
  • Parking features: Sixor More Car Garage,Attached,Circular Driveway,Drive Through,Driveway,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 6

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

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

How This Home’s Risks Compare

Cold Wave
Tornado
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 $15,164$181,968
Home Insurance *$1,161$13,932
Property Taxes $3,123$37,476
Electricity $1,005$12,065
Total$20,453$245,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$701,245/yr
40% on housing$613,590/yr
45% on housing$545,413/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

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 48348$166
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48348$178
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
2026-07-26Price change$2,999,000
2026-06-27Listed for sale$3,250,000
2024-10-01Listing removed$3,495,000
2024-09-27Listed for sale$3,495,000
2018-09-18Sold$280,000
2011-01-09Listing removed$289,000
2010-08-26Listed for sale$289,000
2010-07-03Listing removed$350,900
2009-03-14Listed for sale$350,900

For Sale by Agent

AgentTyler Sajan
BrokerageLPT Realty, LLC

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