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

Sylvan Lake: waterfront sale statistics

Q: What do homes on Sylvan Lake sell for?

The median waterfront sale on Sylvan Lake was $1,349,225 across 6 closed sales, 2025-08 to 2026-08, with half of sales between $523,000 and $1,650,000.

Waterfront homes on Sylvan Lake sold for a median of $1,349,225 across 6 closed sales — statistics the portals cannot show because they do not search by lake. Sales sit in Waterford Township · Keego Harbor · Sylvan Lake.

By Cyrus Wheeler, Broker/Owner · Updated August 26, 2026 · Statistics computed from Realcomp closed sales.

Median waterfront sale: $1,349,225
Median days on market: 30
All-sports on sale records: 6 of 6

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 Sylvan Lake right now

$700,000

1839 RUSTIC · Keego Harbor

4 bd · 3 ba · 2,122 sqft

Listing courtesy of Brookstone, Realtors LLC

$1,044,000

305 Beverly Estates Drive · Waterford Township

4 bd · 4 ba · 2,606 sqft

Listing courtesy of EXP Realty Shelby Twp

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 2026-10-25T23:19+00:00; refreshed at least twice daily.

Common questions

What do homes on Sylvan Lake sell for?

The median waterfront sale on Sylvan Lake was $1,349,225 across 6 closed sales, 2025-08 to 2026-08, with half of sales between $523,000 and $1,650,000.

Is Sylvan Lake an all-sports lake?

6 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 Sylvan 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.