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Active · MLS #55026052042
$439,900 3 bd2 ba1,646 sqft

487 Blue Water Drive , Rose Township, MI 48442

Est. $3,428/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1968
Lot0.23 acres
Price/sqft$267
On market0 days

About this home

Step in to your own little slice of paradise at this lakefront home on a quiet, no-wake lake in Oakland County's Rose Township! Buckhorn Lake is a private, clear, spring fed lake great for fishing, swimming and kayaking and you'll have your own private, sandy beach. Main floor of this home offers an updated kitchen with quartz countertops, a large pantry and a snack bar! Kitchen is open to the formal dining room with slate floors, a wood burning fireplace, built-ins, and a large dining table to play games around, creating incredible memories! Sliders from dining room lead out to the covered porch facing the lake with enough room for entertaining. Enjoy your views of the lake from the living room as well with several floor to ceiling windows offering lots of natural lighting. Spacious primary bedroom, full bath with a walk- in shower and the laundry room can also be found on the main floor. 2 bedrooms with an additional full bath with walk in shower are on the 2nd level.Pride of ownership absolutely shines at this beautiful home that is waiting to be yours! Use it for your own home, your 2nd home or an AirBNB! Some interior furnishings included as well as dock, outdoor furniture, kayaks. Use the 20x20 to store all your lawn/lake toys! Hurry and take a look before this beauty is gone! Updates in 2025 include New: AC condenser, Iron Filter, Water Softener, a 50 gallon water heater and New gutters and leaf filters. In 2026, a new furnace was installed and the septic was pumped. Per previous seller, updates were: New Dock & stainless kitchen appliances 2022, New Septic system 2021. Seller also had some trees removed, lakeside in 2025.

Monthly payment

$3,428per month
Principal & interest$2,502
Property tax, current$544
Homeowners insurance$200
Mortgage insurance (PMI)$181

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$439,900
Beds3
Baths2 full
Square feet1,646
TypeSingle family residence
Subdivision—
CountyOakland
MLS #55026052042
Listed2026-09-30
Days on market0
Year built1968
PossessionNegotiable
BasementSump pump
HeatingForced air, Natural gas
FoundationCrawl space
Water / SewerWell / Septic
WaterfrontBuckhorn Lake
FireplaceYes
Parcel numberR0622302011
Listing officeHoward Hanna Real Estate Services

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$180,670about $219,950
Yearly property tax$6,531about $6,263

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $180,670. 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 Rose Township's 2025 homestead rate of 28.48 mills and assumes you claim the homestead exemption. See Rose Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Jackson Area Association of REALTORS, ©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 2026-11-02T23:11+00:00; refreshed at least twice daily.

$439,900Est. $3,428/mo
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