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2006 Watkins Lake Rd, Waterford, MI, 48328

5beds
3baths
3,500sqft
$1,207,000
$345price/sqft
$8,552/moest. monthly cost
$342,080/yrincome needed

About This Home

Welcome to a rare opportunity on the shores of Scott Lake - a magnificent 3,500 sq. ft. Tudor-inspired residence by Sandoval Homes LLC. Designed for those who seek both sophistication and the ultimate lakefront lifestyle, this brand-new estate offers expansive living spaces, timeless craftsmanship, and uninterrupted water views. Step into a grand open-concept interior where 10-foot ceilings, wide-plank French Oak flooring, and walls of windows create a seamless blend of elegance and light. Every detail has been thoughtfully curated - from 8-foot custom shaker doors to designer industrial lighting to balance modern luxury with classic charm. The gourmet kitchen is a chef's dream, featuring floor-to-ceiling custom cabinetry, Calacatta quartz surfaces, a statement island, premium appliances, and an oversized walk-in pantry. Open sightlines flow effortlessly into the dining and great room, making entertaining as effortless as it is memorable. Retreat to a sprawling primary suite that feels like a private sanctuary, with panoramic lake views, a spa-caliber bath, and generous walk-in closet. Multiple guest suites, a dedicated office/flex space, and a second-floor laundry provide both comfort and convenience. A custom mudroom and attached garage were designed with lake living in mind, offering abundant storage without compromising style. Outdoors, a brand-new 150' cedar dock with a 12x16 platform and 10x10 landing invites you to relax, host, or set sail on one of Oakland County's premier all-sports lakes. The elevated positioning of the home enhances both privacy and sweeping waterfront views. This is more than a home - it's a statement of refined lakefront living. Schedule your private consultation today to walk the property, review plans, and explore the vision of luxury lakefront living with Sandoval Homes. Agent owned. Photos are of a similar home.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2025

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Full bathrooms: 3

Property

Lot

  • Lot size: 0.54 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
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 $6,103$73,236
Home Insurance *$811$9,732
Property Taxes $1,257$15,084
Electricity $381$4,581
Total$8,552$102,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$293,211/yr
40% on housing$256,560/yr
45% on housing$228,053/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

$345This listing

vs Other Active Listings

Avg $/sqft

ZIP 48328$159
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48328$185
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

No price history available

New Construction

AgentKimberly Sandoval
BrokerageSandoval Realty

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