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331 Lochaven Rd, Waterford, MI, 48327

5beds
2baths
2,457sqft
$369,000
$150price/sqft
$2,692/moest. monthly cost
$107,680/yrincome needed

About This Home

Don’t miss this special 2,457 square foot home on a double lot! This 5-bedroom, 2-full-bath property offers far more than a drive-by reveals—you’ll be pleasantly surprised the moment you step inside. Thoughtfully updated and move-in ready, the home features a newer roof, siding, windows, and electrical completed in 2018. The primary bedroom opens to a large 2nd-story balcony with maintenance-free decking added in 2018, while the living room boasts elegant coved ceilings. Beautifully refinished white oak hardwood floors (2024) flow throughout the main level. The updated main bath (2015) showcases subway tile in the bath/shower combo with newer plumbing, and all bedrooms are generously sized. The lower level was completely redone in 2022, creating a large family room, two additional bedrooms, a cozy 3-season room, recessed lighting, and new flooring. Additional updates include a sharp lower-level full bath with shower stall (2016), furnace (2007 with new parts in 2019), hot water heater (2022), and humidifier (2019). The kitchen was beautifully updated in 2024 with abundant cabinet space, new granite countertops, and stainless steel appliances. Outside, enjoy a .64-acre double lot (Lots 11 & 12) with a convenient circular drive, a huge fenced garden area, and a greenhouse in the backyard. A private well is available for irrigation if desired. Additional highlights include a 2-car attached garage/carport and a negotiable hot tub. Sidwell numbers: 1329177003 and 1329177004. Be sure to include both when writing your offer. This rare combination of updated living space and extra land !! —schedule your showing today!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

9/10
5/10
Pierce Middle SchoolGrades 6-82.7 mi
5/10

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: SingleFamily
  • Architectural style: Raised Ranch,Split Level
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Free Standing Gas Range,Free Standing Refrigerator,Microwave,Stainless Steel Appliances,Washer

Bedroom

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

Bedroom

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

Bedroom

  • Level: Upper
  • Area: 132
  • Dimensions: 12 X 11

Bedroom

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Upper
  • Area: 144
  • Dimensions: 12 X 12

Family Room

  • Level: Lower
  • Area: 450
  • Dimensions: 30 X 15

Features

  • Finished area above ground: 2,457

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,457 sqft

Kitchen

  • Level: Upper
  • Area: 170
  • Dimensions: 17 X 10

Laundry

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

Living Room

  • Level: Upper
  • Area: 192
  • Dimensions: 16 X 12

Other

  • Level: Lower
  • Area: 60
  • Dimensions: 10 X 6

Other

  • Level: Upper
  • Area: 63
  • Dimensions: 9 X 7

Other

  • Level: Lower
  • Area: 132
  • Dimensions: 12 X 11

Primary Bedroom

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

Property

Details

  • Parcel number: 1329177003
  • Special condition: Short Sale No,Standard

Features

  • Levels: Bi Level
  • Entry location: MidLevelwSteps
  • Pool features: None
  • Fencing: Back Yard,Fenced,Fencing Allowed

Lot

  • Lot size: 0.32 Acres
  • Lot size dimensions: 150 x 185

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Attached,Carport
  • Has garage: Yes
  • Attached garage spaces: 2
  • Carport: Yes

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 $1,865$22,380
Home Insurance *$176$2,112
Property Taxes $384$4,608
Electricity $267$3,215
Total$2,692$32,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,297/yr
40% on housing$80,760/yr
45% on housing$71,786/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

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 48327$156
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)

Price History

DateEventPrice
2026-08-05Price change$364,000
2026-07-13Price change$369,000
2026-06-08Listed for sale$374,900
2023-10-06Sold$305,000
2023-10-03Pending sale$299,900
2023-09-23Listed for sale$299,900
2015-04-29Sold$144,000
2015-01-17Price change$149,900
2014-10-22Listed for sale$159,900

For Sale by Agent

AgentRobert C Sprader
BrokerageKW Showcase Realty

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