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    4860 Cooley Lake Rd Waterford, MI 48327

    For Sale
    $199,500

    Vacant Land - Waterford, MI

    Lot size:
    1.13 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 4860 Cooley Lake Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    Residential
    APN
    1327302005
    Exterior features
    Electric, Gas, Cleared, Possible Walkout, All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall
    Dock
    1
    Lot size
    1.13 Acres

    Utilities

    Water front features
    Lake Front, All Sports Lake, Crescent Lake, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    RE/MAX Classic (248) 737-6800 [email protected]

    Listing agent Stephen Oaks (248) 737-6800

    Listing date Nov 17, 2025

    MLS# 20240049556 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterford Vacant Lakefront Land Opportunity

    This 1.13-acre vacant lot in Waterford, MI, offers an opportunity to own 130 feet of lake frontage on Crescent Lake. The property features westerly sunset views across the main body of the lake. There is room for multiple docks, boat storage, RV parking, and a pole barn or second garage for storing recreational equipment or a workshop. Natural gas, electric, public sewer, and water are available. Plans are available to build a lakefront home with a builder. There is a possibility of acquiring 270 feet of frontage, as the adjacent home is available for purchase, but is considered a tear-down. A survey is available. Conceptual home designs are available that fit on the lot. The property is zoned for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3835801
    Latitude
    42.6374828

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    FAQs

    What type of property is this?
    Land - 1.13 acre vacant lot with 130' lake frontage.
    Where is this land located?
    The property is located at 4860 Cooley Lake Rd Waterford, MI.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: - 130 feet of Crescent Lake main lakefront with Westerly sunset views.; - Opportunity to acquire a total of 270 feet of lake frontage by purchasing the adjacent property.; - Utilities available: Natural Gas, Electric, Public Sewer & Water.
    (248) 737-6800
    Request Owner's contact information
    4860 Cooley Lake Rd Waterford, MI 48327
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    Waterford, MI 48327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4860 Cooley Lake Rd Waterford, MI 48327
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