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8893 Chestnut Run Dr, Shelby Township, MI, 48317

5beds
6baths
6,489sqft
$874,877
$135price/sqft
$7,279/moest. monthly cost
$291,160/yrincome needed

About This Home

Experience exceptional lakefront living in the heart of Shelby Township! Situated on the shores of beautiful Forest Lake, this extraordinary estate offers over 6,500 square feet of finished living space with 5 bedrooms, 4 full bathrooms, 2 half bathrooms, a finished walkout basement, and an attached 3-car garage. From the moment you step inside, you'll be impressed by the stunning two-story foyer featuring a dramatic curved staircase. The private library/den showcases French door, a cathedral ceiling, and custom built-in cabinetry, creating the perfect office or study. Elegant hardwood flooring in the formal dining room, while the grand great room is highlighted by soaring windows overlooking the lake, a cozy gas fireplace, and a wet bar—ideal for entertaining.The spacious kitchen is designed for both everyday living and hosting guests, featuring a large center island, granite countertops, stainless steel appliances, recessed lighting, ceramic tile flooring, decorative backsplash, and a generous walk-in pantry. The adjoining sun room offers even more spectacular lake views, plus 2 skylights creating a warm and inviting gathering space. Dual staircases lead to the second level, where you'll find generously sized bedrooms, each with its own walk-in closet, along with a versatile sitting area perfect for a reading nook, homework station, or additional lounge space.The finished walkout lower level is an entertainer's dream, complete with a full second kitchen featuring a bar, an expansive great room with a gas fireplace, an additional bedroom, abundant storage, and direct access to the backyard and lake.Additional highlights include two furnaces, two central air conditioning units, and a hot water tank that is approximately three years old, providing added comfort and peace of mind. Step outside and enjoy breathtaking panoramic views of Forest Lake from multiple outdoor living spaces. Whether you're relaxing by the water, entertaining, or taking a peaceful rides on the pedal boat, this home offers the ultimate lakefront lifestyle while being conveniently located near shopping, dining, parks, and everything Shelby Township has to offer. A rare opportunity to own one of Shelby Township's premier waterfront homes!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

7/10
7/10
9/10
Utica High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Basement,Concrete Perimeter
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range/Oven,Refrigerator,Trash Compactor,Washer,Gas Water Heater
  • Laundry features: First Floor Laundry,Entry

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access,Concrete,Sump Pump

Bathroom1

  • Features: Ceramic
  • Level: Entry
  • Area: 143

Bathroom2

  • Features: Ceramic
  • Level: Upper
  • Area: 105

Bathroom3

  • Features: Ceramic
  • Level: Upper
  • Area: 88

Bathroom4

  • Features: Ceramic
  • Level: Basement

Bedroom1

  • Features: Carpet
  • Level: Entry
  • Area: 273

Bedroom2

  • Features: Carpet
  • Level: Upper
  • Area: 224

Bedroom3

  • Features: Carpet
  • Level: Upper
  • Area: 322

Bedroom4

  • Features: Carpet
  • Level: Upper
  • Area: 221

Bedroom5

  • Features: Carpet
  • Level: Basement
  • Area: 198

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Dining Room

  • Features: Wood
  • Level: Entry
  • Area: 204

Features

  • High Ceilings,Cathedral/Vaulted Ceiling,Sump Pump,Walk-In Closet(s),Pantry,Eat-in Kitchen
  • Window features: Bay Window(s),Skylight(s)
  • Flooring: Ceramic Tile,Hardwood,Carpet,Wood
  • Number of fireplaces: 2
  • Fireplace features: Basement,Gas,Great Room
  • Fireplace: Yes
  • Finished area below ground: 2,200
  • Finished area above ground: 4,289

Great Room

  • Level: Entry
  • Area: 416

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 6,984
  • Total interior livable area: 6,489 sqft

Kitchen

  • Features: Ceramic
  • Level: Entry
  • Area: 252

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 230722378012
  • Zoning description: Residential
  • Special condition: Private

Features

  • Levels: Multi/Split,One and One Half
  • Stories: 1
  • Patio & porch: Deck,Patio,Porch
  • Exterior features: Balcony,Lawn Sprinkler,Sidewalks
  • Has view: Yes
  • View description: Water,Lake
  • Has water view: Yes
  • Water view: Water,Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Waterfront
  • Waterbody name: Forest Lake
  • Frontage type: Road
  • Frontage length: 88

Lot

  • Lot size: 0.25 Acres
  • Features: Large Lot - 65+ Ft.,Subdivision,Sidewalks
  • Lot size dimensions: 88 x 128

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces,Garage,Driveway,Attached,Garage Door Opener,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Ice Storm
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Macomb 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 $4,423$53,076
Home Insurance *$393$4,716
Property Taxes $1,756$21,072
Electricity $707$8,493
Total$7,279$87,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$249,565/yr
40% on housing$218,370/yr
45% on housing$194,106/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: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 48317$145
Macomb County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 48317$201
Macomb County$162

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
2026-08-11Price change$849,877
2026-07-23Listed for sale$874,877

For Sale by Agent

AgentCrystal Silveri
BrokerageBrookstone, Realtors LLC

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