4023 Lotus Dr, Waterford, MI, 48329
About This Home
Welcome to 4023 Lotus Drive, a rare waterfront retreat offering the perfect blend of comfort, flexibility, and outdoor beauty. This charming 2-bedroom, 2-full-bath home features stunning views and direct access to the highly desirable Lotus/Maceday Lake chain, providing endless opportunities for boating, fishing, swimming, and lakeside relaxation. Inside, you'll find a bright and inviting floor plan designed for comfortable everyday living. Outside, meticulously maintained landscaping creates exceptional curb appeal and a peaceful setting to enjoy throughout the seasons. The property is enhanced by a convenient lake-fed sprinkler system, helping keep the grounds lush and beautiful all summer long. With 33 feet of prime water frontage, you'll enjoy easy access to the lake and breathtaking views from the expansive deck—perfect for entertaining guests, outdoor dining, or simply relaxing while taking in the serene waterfront setting. A standout feature of this property is the detached garage with an expansive bonus room above, ready to be finished to suit your needs. Whether you're dreaming of a home office, fitness studio, guest suite, in-law quarters, hobby space, or additional living space, the possibilities are endless. This unique lakefront property offers the opportunity to enjoy the best of waterfront living while adding your own finishing touches to make it truly your own. Don't miss your chance to own a slice of paradise on the Lotus/Maceday Lake chain—schedule your private showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Construction materials: Cement Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge,Double Oven,Electric Range,Refrigerator,Washer/Dryer,Water Heater
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Partially Finished,Walk-Out Access
Bedroom2
- Level: First
- Area: 98
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Area: 160
Features
- Eat-in Kitchen,Granite Counters,See Remarks
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
- Finished area below ground: 300
- Finished area above ground: 1,959
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,259
- Total interior livable area: 2,259 sqft
Kitchen
- Level: First
- Area: 70
Living Room
- Level: First
- Area: 300
Living Room
- Level: First
- Area: 193.60000000000002
Master Bedroom
- Level: Second
- Area: 270
Property
Details
- Parcel number: 631305152022
- Zoning description: Zoning
- Foundation area: 300
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Beach,Lake
- Has water view: Yes
- Water view: Beach,Lake
- On waterfront: Yes
- Waterfront features: Lake Front
- Waterbody name: Lotus/Maceday Lake
- Frontage type: See Remarks
Lot
- Lot size: 8,276 sqft
- Features: Landscaped,See Remarks
- Lot size dimensions: 50 x 165
Parking
- Total spaces: 2
- Parking features: Additional Parking
- 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
- Cold Wave
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Oakland County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,705 | $32,460 |
| Home Insurance * | $260 | $3,120 |
| Property Taxes | $557 | $6,684 |
| Electricity | $246 | $2,956 |
| Total | $3,768 | $45,216 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $515,000 |
| 2026-08-04 | Price change | $525,000 |
| 2026-07-17 | Price change | $535,000 |
| 2026-06-26 | Listed for sale | $550,000 |
| 2021-03-15 | Listing removed | -- |
| 2016-05-23 | Sold | $320,000 |
| 2016-03-20 | Listed for sale | $319,900 |
| 2009-05-19 | Sold | $118,000 |
| 2009-03-18 | Price change | $135,000 |
| 2009-03-14 | Listed for sale | $159,900 |
| 2009-01-02 | Sold | $109,970 |
| 2004-07-15 | Sold | $275,000 |
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