4166 Grayton Drive, Waterford Township
$324,999
About this home
LAKE PRIVILEGES ON ELIZABETH LAKE!!! Beautifully Updated and Just Steps Away from the highly desirable Elizabeth Lake! This charming Turn Key home offers an incredible lifestyle with access to a neighborhood park featuring a sandy beach, boat dock, picnic area, and play structure your family will love. The updated kitchen is a cook’s dream with granite countertops, gas stove, and stainless-steel appliances—all included. The main level features gorgeous wood floors, a primary Bedroom, and an updated ensuite with a walk-in shower and Closet. Large 3 Season enclosed room with vaulted ceilings, and all situated on a double Lot! Enjoy lake views right from your front porch! Don’t miss the opportunity to make it yours!
The facts
| Price | $324,999 |
| Original price | $399,900 |
| Price cut | −$74,901 |
| Beds | 3 |
| Baths | 2 full |
| Square feet | 1,084 |
| Type | Single family residence |
| Subdivision | RANDGATE PARK |
| County | Oakland |
| MLS # | 20261048780 |
| Listed | 2026-07-17 |
| Days on market | 100 |
| Year built | 1953 |
| Possession | At closing |
| Stories | 1.5 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Waterfront | Elizabeth Lake |
| Parcel number | 1334226011 |
| Listing office | Wilhelm & Associates |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $50,040 | about $162,500 |
| Yearly property tax | $3,651 | about $5,583 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,932 a year more than this seller pays. The assessor's state equalized value (SEV) is $92,270. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Waterford Township's 2025 homestead rate of 34.36 mills and assumes you claim the homestead exemption. See Waterford Township's full tax breakdown or run the uncapping calculator.
Ask Match Realty about this home
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.