Oakland County · Realcomp closed sales, 2025-08 to 2026-08

Island Lake: waterfront sale statistics

Waterfront homes on Island Lake sold for a median of $767,500 across 6 closed sales — statistics the portals cannot show because they do not search by lake. Sales sit in Novi.

Median waterfront sale
$767,500

6 closed sales · typical range $670,000–$775,000

Median days on market
6
All-sports on sale records
1 of 6

agent-entered flag, not a legal designation

The lakefront tax trap. Waterfront sellers have often owned for decades, so their capped taxable value sits far below half of today's price — which means the year-two uncapped bill jumps further than buyers expect anywhere else. The seller's tax line on the listing is their history, not your future.

Homes for sale on Island Lake right now

Listing photo, Bloomfield Township

$2,599,000

3945 Kirkland Court · Bloomfield Township

4 bd · 5 ba · 5,197 sqft

Realcomp IDX Listing courtesy of Max Broock, REALTORS®-Birmingham

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-08-27T15:40-04:00; refreshed at least twice daily.

Common questions

What do homes on Island Lake sell for?

The median waterfront sale on Island Lake was $767,500 across 6 closed sales, 2025-08 to 2026-08, with half of sales between $670,000 and $775,000.

Is Island Lake an all-sports lake?

1 of 6 sale records listed the lake as all-sports (agent-entered — confirm the current designation with the township before you buy for boating).

What happens to property taxes when I buy on Island Lake?

Michigan taxable value uncaps the year after you buy and resets to roughly half the price — and waterfront premiums make the gap between the seller's capped bill and yours larger than on an ordinary street. Run the uncapping calculator before you offer.

Water-body names come from listing records; a lake spanning counties may appear once per county. Medians publish only at 6+ sales.