Elizabeth Lake Estates 2
Closed-sale statistics for Elizabeth Lake Estates 2, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $225,000
- Median days on market
- 20
- List-to-sale ratio
- 97.0%
15 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $225,000, in Waterford School District at 34.36 homestead mills, the year-two bill is approximately $3,865 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Elizabeth Lake Estates 2 compares in Waterford Township
Of the 35 Waterford Township subdivisions and condo projects we publish statistics for, Elizabeth Lake Estates 2's $225,000 median ranks 26 of 35 — 9% below the tracked-Waterford Township median of $245,950.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Magnolia Park OCCPN 1429 | $238,000 | 10 | $4,089 |
| Maceday Gardens | $230,000 | 13 | $3,951 |
| Ideal Country Club | $230,000 | 12 | $3,951 |
| Suprvrs 15 Waterford Township | $226,000 | 6 | $3,883 |
| Elizabeth Lake Estates 2 | $225,000 | 15 | $3,865 |
| Elizabeth Lake Estates 3 | $225,000 | 9 | $3,865 |
| La Salle Park | $213,000 | 10 | $3,659 |
| Heritage OCCPN 1307 | $206,000 | 7 | $3,539 |
| Harbor Cove Waterford OCCPN 841 | $194,000 | 7 | $3,333 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
For sale in Elizabeth Lake Estates 2 right now
$198,000
763 S Winding Drive · Waterford Township
3 bd · 1 ba · 975 sqft
Listing courtesy of Real Estate One-Commerce
$269,900
901 S Winding DR · Waterford Township
3 bd · 2 ba · 1,845 sqft
Listing courtesy of Nelson Property Management
$359,000
729 Cedarlawn Road · Waterford Township
3 bd · 3 ba · 2,708 sqft
Listing courtesy of Keller Williams Paint Creek
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and MiRealSource, 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 2026-09-22T08:54-04:00; refreshed at least twice daily.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
Get my numbers for an address Affordability calculator
Common questions
What is the median home price in Elizabeth Lake Estates 2?
The median closed sale price in Elizabeth Lake Estates 2 (Waterford Township) is $225,000, from 15 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Elizabeth Lake Estates 2?
At the median price, taxable value uncaps to roughly $112,500 and the year-two bill in Waterford School District is approximately $3,865 at homestead rates.
How does Elizabeth Lake Estates 2 compare with other Waterford Township subdivisions?
Its $225,000 median ranks 26 of 35 Waterford Township projects we track — 9% below the tracked-city median of $245,950.
More context: Waterford Township property tax rates · school district breakdowns · all calculators