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A large part of Elizabeth Lake is 40 feet deep or more in most of the lake. Elizabeth Lake is one of Oakland County's MI most sought after lakes. With lots of activities going on for any boating enthusiast lake buyers want homes on the lake. Being a private lake keeps the boat traffic down. But at the same time you can Jet ski, tube, fish, or do what ever you want because the lake is good size (363 acres).
Here are the Elizabeth lakefront homes in Waterford that have sold between 2019 and 2024.
| Address | Est Fin Abv Grd SqFt | Beds Total | Baths.Lavs | Close Price | Close Date | |
|---|---|---|---|---|---|---|
| 5375 Cooley Lake Road 3 | 780 | 1 | 1.00 | $170,000 | 10/28/2021 | |
| 5096 DURNHAM Drive | 1,053 | 3 | 1.00 | $350,000 | 07/21/2023 | |
| 5204 Cooley Lake RD | 2,111 | 4 | 3.10 | $355,000 | 10/09/2020 | |
| 4980 COOLEY LAKE RD | 1,776 | 3 | 2.10 | $360,000 | 06/10/2020 | |
| 759 LYLE Drive | 2,098 | 3 | 1.10 | $390,000 | 01/18/2023 | |
| 4650 SHERBOURNE Avenue | 966 | 2 | 1.00 | $395,000 | 08/13/2024 | |
| 5371 COOLEY LAKE Road | 1,624 | 3 | 2.00 | $420,000 | 08/22/2022 | |
| 631 WOODCREEK Drive | 1,844 | 3 | 3.10 | $450,600 | 04/30/2021 | |
| 4962 SHERWELL Drive | 2,242 | 5 | 4.00 | $475,017 | 08/14/2020 | |
| 629 WOODCREEK Drive | 2,205 | 3 | 2.10 | $481,500 | 01/23/2023 | |
| 5020 COOLEY LAKE Road | 3,422 | 4 | 3.00 | $485,000 | 08/07/2020 | |
| 4555 MOTORWAY Drive | 2,207 | 3 | 3.10 | $528,500 | 07/26/2023 | |
| 600 GRIXDALE Lane | 1,220 | 3 | 2.10 | $545,000 | 08/18/2020 | |
| 5090 DURNHAM Drive | 2,249 | 4 | 2.00 | $550,000 | 02/16/2021 | |
| 5192 DURNHAM Drive | 2,610 | 2 | 2.00 | $580,000 | 07/20/2022 | |
| 4725 Motorway Drive | 2,589 | 3 | 3.00 | $602,500 | 04/09/2020 | |
| 5020 Cooley Lake Road | 3,422 | 5 | 3.00 | $605,500 | 01/31/2023 | |
| 980 SUNSET DR | 2,500 | 4 | 3.10 | $631,000 | 07/15/2020 | |
| 4394 CASS ELIZABETH Road | 1,620 | 3 | 2.00 | $650,000 | 09/27/2023 | |
| 4675 MOTORWAY Drive | 2,280 | 4 | 4.10 | $685,000 | 03/02/2020 | |
| 540 GRIXDALE Lane | 2,276 | 3 | 3.00 | $699,900 | 05/10/2024 | |
| 5084 Durnham Drive | 2,200 | 4 | 3.00 | $700,000 | 09/14/2022 | |
| 962 SUNSET Drive | 1,854 | 4 | 4.00 | $750,000 | 08/25/2023 | |
| 4914 Sherwell | 2,317 | 4 | 3.00 | $751,111 | 09/09/2021 | |
| 968 SUNSET Drive | 1,896 | 4 | 3.00 | $775,000 | 09/26/2023 | |
| 4505 MOTORWAY Drive | 3,448 | 4 | 4.00 | $795,000 | 09/23/2022 | |
| 4405 MOTORWAY Drive | 1,302 | 5 | 2.20 | $855,000 | 08/30/2024 | |
| 4811 MOTORWAY Drive | 2,803 | 4 | 3.10 | $855,000 | 05/12/2022 | |
| 972 SUNSET Drive | 2,556 | 3 | 3.10 | $875,000 | 12/05/2023 | |
| 4433 MOTORWAY Drive | 2,232 | 4 | 3.10 | $888,000 | 10/02/2023 | |
| 4760 ONAWA Court | 3,632 | 4 | 2.10 | $1,050,000 | 08/30/2021 | |
| 5044 DURNHAM Drive | 3,662 | 4 | 2.10 | $1,080,000 | 11/16/2022 | |
| 5010 SHERWELL Drive | 5,137 | 5 | 5.20 | $1,625,000 | 04/09/2021 |
Between January & October 20, 2012 here's what sold on Elizabeth Lake in Waterford.
| ADDRESS | LIST PRICE | SALE PRICE | DOM | SP PER SQFT | SQ FT | YEAR BUILT | SHORT SALE |
| 4052 ELMHURST RD | 695 | 650 | 30 | 0.8104 | 802 | 1955 | N |
| 5490 SARVIS AVE | 750 | 750 | 8 | 0.8047 | 932 | 1930 | N |
| 841 S WINDING DR | 795 | 795 | 11 | 0.9352 | 850 | 1937 | N |
| 490 LAKESIDE DR | 1100 | 1100 | 6 | 0.726 | 1515 | 1951 | N |
| 4356 LANETTE DR | 1200 | 1200 | 163 | 0.8571 | 1400 | 1928 | N |
| 3721 LINCOLNSHIRE RD | 1200 | 1200 | 54 | 1.2 | 1000 | 1941 | N |
| 1530 PARKWAY | 1325 | 1275 | 43 | 0.8709 | 1464 | 1992 | N |
| 5535 LAKE VISTA DR | 1300 | 1300 | 20 | 0.8984 | 1447 | 1978 | N |
| 3832 FABER TER | 41900 | 41000 | 71 | 51.25 | 800 | 1922 | N |
| 699 WOODINGHAM AVE | 49999 | 59000 | 88 | 43.0029 | 1372 | 1978 | Y |
| 76 EXMOOR RD | 69500 | 62500 | 54 | 62.5 | 1000 | 1946 | N |
| 4053 MAPLELEAF RD | 85000 | 85000 | 72 | 69.3877 | 1225 | 1988 | N |
| 130 DOVER RD W | 100000 | 90000 | 18 | 63.2466 | 1423 | 1941 | N |
| 5156 DRIFTON DR | 99900 | 98000 | 3 | 70.1503 | 1397 | 1994 | N |
| 3809 HAZELETT DR | 110990 | 102000 | 173 | 69.7197 | 1463 | 1940 | N |
| 5161 THORNAPPLE DR | 109900 | 110000 | 27 | 98.2142 | 1120 | 1984 | N |
| 442 GATEWAY DR | 112000 | 112000 | 1 | 87.5 | 1280 | 1962 | N |
| 4068 LAWLEY AVE | 125000 | 113500 | 148 | 36.8865 | 3077 | 1950 | Y |
| 3727 LINCOLNSHIRE RD | 124900 | 130000 | 50 | 92.264 | 1409 | 1941 | N |
| 5020 DURNHAM DR | 174900 | 162500 | 5 | 146.3963 | 1110 | 1940 | N |
| 560 GRIXDALE LN | 225000 | 185000 | 3 | 301.7944 | 613 | 1928 | N |
| 4640 SHERBOURNE AVE | 299900 | 295000 | 40 | 137.2731 | 2149 | 1950 | N |
| 5062 DURNHAM DR | 329900 | 320000 | 10 | 140.6593 | 2275 | 1962 | N |
| 5164 DURNHAM DR | 475000 | 470000 | 22 | 196.4882 | 2392 | 1987 | N |
Here is a list of Elizabeth Lake homes that have sold or been leased between 01/2010 and 11/15/2011
| ADDRESS | CLOSED DATE | LIST PRICE | SALE PRICE | SP PER SQFT | SQ FT | BEDS | BATHS |
| 560 GRIXDALE LN | 10/16/11 | 1000 | 900 | 613 | 1 | 1 | |
| 4817 MOTORWAY DR | 2/14/11 | 1500 | 1500 | 1371 | 3 | 2 | |
| 5062 DURNHAM DR | 9/28/10 | 1700 | 1600 | 2275 | 4 | 2 | |
| 4505 MOTORWAY DR | 4/29/10 | 2100 | 1850 | 3448 | 3 | 4 | |
| 4837 MOTORWAY DR | 10/15/10 | 2500 | 2100 | 3787 | 4 | 4 | |
| 5068 N DURNHAM DR N | 3/15/11 | 199 900 | 200,000 | 125.9 | 1588 | 4 | 3 |
| 5054 DURNHAM DR | 10/12/11 | 275,000 | 242,000 | 250 | 968 | 2 | 2 |
| 4837 MOTORWAY DR | 8/20/10 | 549,000 | 450,000 | 118.8 | 3787 | 4 | 4 |
| 4415 MOTORWAY | 5/29/10 | 1,395,000 | 800,000 | 197.2 | 4057 | 5 | 5.1 |
click here to get the latest list of lakefront homes for sale on elizabeth lake
Elizabeth Lakefront homes for sale have sold for as low as $43,900 in 2011. But in the highest price was in the $450,000 range. Like most of the time there is a large demand for lake homes under $250,000. The lake is an nice all sports lake that has many varieties of Waterford water front properties. There are 800-5400 square foot lake homes around the lake.
Elizabeth Lake property sizes depend on which side of the lake you are on. You will find wider and deeper lots on the northwest side of the lake. The homes on the south side of the lake are close to the road and the lake. The parking is tighter for the southside Elizabeth Lake properties.
Lake Home styles are:
Most Elizabeth Lake homes that were built in the 1920's and 30's are gone. Yes there are a few remaining. The older homes have been bulldozed and re built. Most of the homes are from 1940 on. The early homes have no basements on little lots and many times without garages. But some of the later homes were built with walkout basements. Most have garages if the lot size permitted it. The upper end homes on the lake have all the modern ammenities, including 3 car garages.
Children that live on Elizabeth Lake attend Waterford Schools.

Check out this short video for Elizabeth lake
There are many lake access homes near Elizabeth Lake
Oakland County lakes vary so much from lake to lake and even from one side of the lake to the other. You could have a sandy lake bottom on one side of the lake and mucky on the other. Some lakes are all sandy bottoms. Others are all mucky. The easiest way to check whether it is sandy or mucky is to get into the lake. That is why it is smart to buy a lake home when the ice is off the lake. Sometimes the lake bottom is sandy for 10 or 15 feet then gets mucky. Usually if the lake listing does not proclaim sandy lake bottom....then it does not have it.
The next part of lake frontage that you may want to consider is vegetation or vegetation free lake front. Usually a mucky lake front invites lily pads and cattails. Because of DNR rules you cannot just go out and rip out lily pads and vegetation in front of the home. So do not buy a lake home thinking you can change the waterfront drastically. Sure some lake home buyers do the midnight lily pad weeding or put down chemicals at night to kill the vegetation....but it is illegal and still will take several years to do.
Sometimes if the lake has not been used in years there will be a little bit of vegetation out front. That is usually easily cleaned up. This usually is the case when the sellers are older and have not used the lake in years. By the time the kids and grandkids use the lakefront all summer it will be clean again. Many lake home owners have a large rake (a landscape rake) to rake up seaweed, and rocks. It is a great tool to have.
Location
Elizabeth Lake is located in Waterford Township Oakland County MI. It is S of Elizabeth Lake Road, N of Cass Elizabeth, E of Cooley Lake, and W of South Cass Lake Road.View Larger Map
Oakland County Lake living. Russ had lived in Livonia for 23 years before he moved on a lake back in 2011. It’s a great lifestyle. He has so many clients tell him that they had wished they had moved to the lake earlier. He wished I had made the move earlier too. When you move onto a lake we believe you become more social. You tend to get to know your neighbors better. You tend to be more active and tend to be outdoors more. Family and friends will want to come to your house and enjoy the lake lifestyle. A warm beautiful day is an invitation to get out on the lake. You tend to leave work a little earlier to get on the lake. We know people that work from home that sometimes work with their computer in the middle of the lake. They just float around in the sun working. They have their laptop on their boat and enjoying the day. Yet still working! Now that is a life style that anybody should love.
Everybody has their own wants in a lake, and what they want to do. No one person has the same desires. We know people that live on a lake and do not own a boat. They just love the scenery. This Southeastern Michigan lake website is here to help you understand about our local lakes. We hope this webpage on lakefront homes for sale on Elizabeth lake in Waterford Michigan helps you. Always feel free to call us with questions or to get started on your lake home search. Our email is yesmyrealtor@gmail.com or cell phone is 248-310-6239 or 248-320-6840. Search "Metro Detroit Waterfront Homes For Sale”
The kids that live on the lake go to Waterford School system.
Fishing
There are very few lake foreclosures that are Waterford lakefront homes. When lake foreclosures come up and are they are in the lower price ranges they usually go quickly. Don't try to steal them below list price, bid to get the lake front home. Call us on my cell at (248) 320-6840 or (248) 310-6239 for your list of Waterford Township Lake foreclosures or any list of Oakland County waterfront homes..
Other lakes that are close by are Crescent Lake, Cass Lake, Otter Lake, and SylvanLake, and Pontiac Lake
2016 homes that have sold
| 715 MCDOUGAL | 4 | 5 | 2,084 | $337,900 | $305,900 | 09/12/2016 | Lake Front | |
| 745 MCDOUGAL | 2 | 3 | 1,375 | $349,900 | $330,000 | 10/21/2016 | Lake Front, Lake/River Priv | |
| 649 WOODCREEK | 2 | 4 | 2,819 | $439,000 | $444,000 | 08/31/2016 | Lake Front | |
| 5190 DURNHAM DR | 2 | 3 | 2,261 | $429,900 | $445,000 | 07/13/2016 | Lake Front | |
| 964 SUNSET DR | 4 | 3 | 3,214 | $595,000 | $560,000 | 06/03/2016 | Lake Front | |
| 4585 MOTORWAY | 4 | 3 | 3,832 | $694,000 | $676,000 | 12/09/2016 | Lake Front, Lake/River Priv | |
| 18979 BELLA VISTA CRT | 6 | 5 | 9,658 | $1,759,900 | $1,759,900 | 06/08/2016 | Lake Front |
Find your dream lake home and get the newest lake listings

Elizabeth Lake homeowners association
Here is one of Elizabeth lakes association and information they have pertaining to it.
ELEIA (Elizabeth Lake Estates Improvement Association) http://www.eleiabeach.com/ is a private beach association in Waterford, Michigan, with endless amenities to offer resident families and their associates to fill your summer with nearby activities, special events, and a sense of community that can only be found at ELEIA. Listed below are a few of the amenities that our members experience daily when visiting the beach.
• Safe, fun, family friendly atmosphere!
• Access to one of the cleanest lakes in
Oakland County
• Private NOT Public
• FREE Campouts, Movie Nights, Fish Fry’s
• Certified Life Guards for your family's safety
• Diving Platform & Water slide
• Fishing “Pier”
• Clean well kept picnic areas to bring
family & friends
• Boat Launch & Mooring options
• Playground equipment for the little ones
(Grandchildren are FREE)
• FREE craft nights, sports nights & other
family oriented activities
• FREE fireworks in July
• Reasonably priced concessions
• Clean restrooms (with real plumbing!)
• Friendship and community like in the
good old days
• Great selling feature when listing your house
|
If you are looking for Lakefront property sign up for my Elizabeth Lake Waterfront VIP club get the latest foreclosures and Elizabeth Lake real estate emailed to you daily, weekly or monthly so you don't miss out on the deals. |
To Search any Michigan Lake for lake homes for sale go to the atlas search or search by area. We hope this helped you if you have a Michigan relocation in your future.
The Bertera-Ravary Team your Waterford Township Lakefront real estate specialists


The Bertera-Ravary Team - Your Metro Detroit top real estate agents
(248) 310-6239 YesMyRealtor@gmail.com (248) 320-6840
Here is what a previous client had to say about us!
Joe help me buy my first house. He sticks with you through out and many times kept me in the loop during the processes more than the lenders and other key people who should have been. Overall great guy, very knowledgeable, and does his job and then some. I would reccomend 105%
Janel came highly recommended by several of my coworkers. I contacted her early in my home selling/planning stage. She was very patient and understanding of my circumstances. When it came time to list the home she did a thorough walk thru and I could tell she was very knowledgeable about home construction. Janel took the time to explain the process and was honest with me about my home and it’s potential to sell. She was great dealing with all parties concerned with the sale of the home (ex-husband, multiple lawyers) and was professional with everyone. I really appreciate her support throughout the entire experience and my house sold fast! Thank you Janel! I will definitely recommend you and look forward to working with you in the future!
"I was looking for a realtor and not knowing anyone in the business, I looked online. I heard from several people, but it was Russ with his no-nonsense approach that sold me. I asked what my first step should be and Russ stated immediately that I needed to get pre-qualified before looking at any properties. Great advice! After receiving my pre-qualification letter, Russ and I looked at many properties. As a first-time home buyer my knowledge was very limited, but Russ was more than willing to advise me on my best plan of action. We looked at many properties together and Russ was always on time; most of the time early for our appointments. He made my first experience of buying a home stress-free. If anyone asks me "Can you recommend a good realtor?" My answer would be, "Yes. Russ Ravary."
For more information on other lakes, click on one of the links, below.
Lester Lake waterfront homes and cottages
Maceday Lake Waterfront home for sale
Take a look at Wing Lake Sales to compare your home to.
Lakefront homes for sale in Chalmers Lake in Bloomfield Twp. MI
Make sure you get the information you need on Homes for sale on Otter Lake Waterford Mi