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3889 Franklin Rd, Bloomfield Hills, MI, 48302

5beds
7baths
5,500sqft
$4,998,000
$909price/sqft
$33,478/moest. monthly cost
$1,339,120/yrincome needed

About This Home

An extraordinary opportunity to build a luxury custom residence with dedicated frontage on coveted Lower Long Lake in prestigious Bloomfield Hills. Featured is a proposed 5,500 sq ft estate by Sapphire Luxury Homes & Landscaping, thoughtfully designed to capture stunning lake views while delivering the ultimate blend of sophisticated architecture & resort-style living. The striking modern design showcases a dramatic 2-story foyer, soaring ceilings, expansive walls of glass & an open-concept floor plan ideal for everyday living & elegant entertaining. Light-filled living spaces seamlessly connect to the outdoors, creating an exceptional indoor-outdoor lifestyle rarely found in the area. Resort-inspired outdoor amenities include a custom pool with sun shelf, expansive terrace, fire feature, multiple gathering spaces & professionally designed landscaping. Whether hosting large-scale events or enjoying quiet evenings at home, every detail has been curated to maximize luxury & comfort. A separate included lakefront parcel provides an impressive 242 feet of frontage on sought-after Lower Long Lake, offering endless opportunities for boating, swimming & waterfront recreation. Enjoy the unique combination of private lake access, breathtaking water views & a true estate setting. Located within the award-winning Bloomfield Hills School District & minutes from premier shopping, fine dining, private country clubs, and everyday conveniences, this rare offering combines exceptional luxury living with one of Southeast Michigan most desirable lakefront lifestyles. Sale includes the proposed residence, homesite & dedicated lakefront parcel. Home to be built by Sapphire Luxury Homes & Landscaping. Renderings, floor plans & landscaping illustrations depict a proposed design & may include optional features or upgrades. Specifications, pricing, selections & dimensions are subject to change. Builder consultations & additional renderings are available upon request See MLS #20261042919

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

10/10
Way Elementary SchoolGrades K-50.6 mi
9/10
East Hills Middle SchoolGrades 6-81.1 mi
9/10

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Basement,Poured
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Walk Out Access

Bedroom

  • Level: Second
  • Area: 216
  • Dimensions: 18 X 12

Bedroom

  • Level: Second
  • Area: 216
  • Dimensions: 12 X 18

Bedroom

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

Bedroom

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Dining Room

  • Level: Entry
  • Area: 216
  • Dimensions: 12 X 18

Features

  • Finished area above ground: 5,500

Flex Room

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

Great Room

  • Level: Entry
  • Area: 400
  • Dimensions: 20 X 20

Heating & Cooling

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

Interior Area

  • Total interior livable area: 5,500 sqft

Kitchen

  • Level: Entry
  • Area: 234
  • Dimensions: 13 X 18

Laundry

  • Level: Entry
  • Area: 105
  • Dimensions: 15 X 7

Library

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

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Entry

Other

  • Level: Entry

Primary Bathroom

  • Level: Entry
  • Area: 252
  • Dimensions: 14 X 18

Primary Bedroom

  • Level: Entry
  • Area: 324
  • Dimensions: 18 X 18

Property

Details

  • Parcel number: 1916151014
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Pool features: None

Lot

  • Lot size: 1.43 Acres
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 4
  • Parking features: Four Car Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 4

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 $25,272$303,264
Home Insurance *$2,401$28,812
Property Taxes $5,206$62,472
Electricity $599$7,198
Total$33,478$401,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,147,817/yr
40% on housing$1,004,340/yr
45% on housing$892,746/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

$909This listing

vs Other Active Listings

Avg $/sqft

ZIP 48302$316
Oakland County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 48302$204
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
2026-06-22Listed for sale$4,998,000

For Sale by Agent

AgentTushar V Vakhariya
BrokerageKW Domain

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