See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

571 Crescent Lake Rd, Waterford, MI, 48327

2beds
1baths
700sqft
$189,900
$271price/sqft
$1,436/moest. monthly cost
$57,440/yrincome needed

About This Home

Whether you're searching for your first home, a cozy retreat, or an investment opportunity, this delightful 2-bedroom, 1-bath home checks all the boxes. Enjoy a welcoming layout in a convenient Waterford location just minutes from local lakes, parks, restaurants, and everyday amenities. Walking distance to Elizabeth Lake that offers views and endless fun. Move right in and enjoy new updates and features or add your own personal touches to make it truly yours! Bonus opportunity: the adjoining lot is available for an additional $30,000, giving buyers the option to expand their footprint, add privacy, or explore future use. Inquire for details.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

4/10
5/10
Pierce Middle SchoolGrades 6-81.9 mi
5/10

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main
  • Area: 72
  • Dimensions: 8.00 x 9.00

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 88
  • Dimensions: 8.00 x 11.00

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 700
  • Total interior livable area: 700 sqft

Kitchen

  • Level: Main
  • Area: 91
  • Dimensions: 7.00 x 13.00

Laundry

  • Level: Main
  • Area: 42
  • Dimensions: 6.00 x 7.00

Living Room

  • Level: Main
  • Area: 110
  • Dimensions: 10.00 x 11.00

Master Bathroom

  • Level: Main
  • Area: 48
  • Dimensions: 6.00 x 8.00

Master Bedroom

  • Level: Main
  • Area: 104
  • Dimensions: 8.00 x 13.00

Property

Details

  • Parcel number: 1321478007

Features

  • Stories: 1
  • Waterfront features: Lake
  • Waterbody name: Elizabeth Lake

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 155 x 60 x 155 x 60

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $960$11,520
Home Insurance *$91$1,092
Property Taxes $197$2,364
Electricity $188$2,259
Total$1,436$17,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,234/yr
40% on housing$43,080/yr
45% on housing$38,293/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

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 48327$158
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48327$195
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)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$189,900
2026-07-30Listed for sale$189,900
2020-08-18Sold$130,000
2020-02-05Listing removed$140,000
2020-01-10Price change$140,000
2019-11-03Price change$149,900
2019-08-26Listed for sale$150,000
2018-08-02Sold$72,500
2007-12-18Sold$28,000
2007-08-24Sold$125,500
2001-12-03Sold$103,000

For Sale by Agent

AgentEsteban Rubio-Leos
BrokerageeXp Realty, LLC

Similar Homes