Residential Corner Waterfront
For Sale
$250,000
Forest Bay Drive, Waterford, MI 48328
LAND - Waterford Twp, MI
Lot Size0.25 Acres
Days on Market136
Property Features for Forest Bay Drive
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Forest Bay Occpn 672
Lot features
Corner Lot, Gated Community, Possible Basement, Possible Daylight, Possible Walkout
Elementary school district
Waterford
Middle school district
Waterford
High school district
Waterford
Directions
Enter sub off Cass Elizabeth and turn right, lot is on left side, corner lot at Forest Bay Drive and Island View Drive
Standard status
Active
APN
1334407007
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
T3N, R9E, SEC 34 OAKLAND COUNTY CONDOMINIUM PLAN NO 672 FOREST BAY UNIT 31 L 11407 P 176 6-14-90 FR 404-001 & 408-001
Tax Annual Amount
1836
HOA Fee
$564 Quarterly
Legal Description
T3N, R9E, SEC 34 OAKLAND COUNTY CONDOMINIUM PLAN NO 672 FOREST BAY UNIT 31 L 11407 P 176 6-14-90 FR 404-001 & 408-001
Utilities
Water front features
Lake, Beach Access
Listing Agency:
KW Domain · Keller Williams Realty
(248) 590-0800
Listed By:
Jeffrey J Kashat
(248) 590-0800
Added: Mar 19
Changed: Jul 29
Last Checked: Aug 1 at 3:06PM
MLS# 20261040622
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This residential corner lot in Forest Bay Subdivision offers an ideal setting for a custom home on approximately 0.24 acres at the intersection of Forest Bay Drive and Island View Drive. The listing includes a rare deeded boat slip on Cass Lake, providing on-water access for boating and waterfront recreation.
The parcel is described as having favorable topography with potential for a walkout lower level. The property is located in the Waterford School District and positioned within a gated enclave.
Zoned residential, this is a lake-access home site intended for private, custom construction within Forest Bay Subdivision.
The parcel is described as having favorable topography with potential for a walkout lower level. The property is located in the Waterford School District and positioned within a gated enclave.
Zoned residential, this is a lake-access home site intended for private, custom construction within Forest Bay Subdivision.
Key Highlights
- Deeded boat slip on Cass Lake for lake access
- Corner lot #31 at the intersection of Forest Bay Dr and Island View Dr
- Approximately 0.24 acres in the gated Forest Bay Subdivision
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 48328, MI
24,178
Population
11,938
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
8.9 sq mi
ZIP Area
2,717
Density / Sq Mi
$69,788
Median Household Income
$42,084
Median Earnings
$1,041
Median Rent
$210,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Residential corner lot in Forest Bay Subdivision with a deeded boat slip on Cass Lake.
Where is this waterfront land located?
The property is located at Forest Bay Drive Waterford, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Deeded boat slip on Cass Lake for lake access; Corner lot #31 at the intersection of Forest Bay Dr and Island View Dr; Approximately 0.24 acres in the gated Forest Bay Subdivision
