Sylvan Lake Real Estate
The Prettiest Little City in the State of Michigan. Sylvan Lake is the 4th smallest city by land area in Michigan. Come fall in love with our little Community. Residents rave about all there is here in Sylvan Lake, a beautiful hidden community in the middle of busy, but wonderful Oakland County, and the Clinton River Trail. The lake and tree lined streets enchants homeowners with a peaceful setting and small town charm. The area gives residents the best of both worlds offering safety and quality of life. This is Pure Michigan!
When looking to move to Sylvan Lake Michigan real estate is going to be composed of smaller homes. The majority of homes in Sylvan Lake are under 1500 square feet though there are some over 3000 square feet. Because the city is so small the number of real estate transactions are small
2011 35 homes sold
2012 43 homes sold
2013 47 homes sold
In the last couple years (2013) some homes have sold as low as $50,000 to over $600,000. Part of the reasoning some of the homes have sold so reasonable is that some of them are in Pontiac school district which is a poor performing school district. Some people will send their children to private schools when they move to Sylvan Lake.
The median home value in 2013 in Sylvan Lake is $179,000. Sylvan Lake home values have gone up 15.4% over the past year (2013) and Zillow predicts they will rise 7.2% within the next year (2014). The median price of homes currently listed in Sylvan Lake is $199,000.
Small town just west of Telegraph and most of the city is north of Orchard Lake. It is all about the lake as the City borders on it. There are 809 households and about 864 housing units. So there are not many homes in Sylvan Lake. It is a very small community. There is only 1720 people in the community.
Sylvan Lake has it's own police department. The residents are protected by Tri City fire department which is basically West Bloomfield fire department.
There are two beach areas in the City known, informally, as the "big" and "little" beach. The little beach is located on Lakeview and the big beach is on Ferndale at the park area. You must swim at your own risk as they do not employ a lifeguard at either swim area. During summer months they have Park Rangers who patrol the park areas and will ask to see your tag. If you do not have one you will be asked to leave the park. The park areas close at 11:00 p.m. The gates on Ferndale and Lakeview are closed on the weekends only until the schools are closed for the summer, then the gates are closed daily. Weather permitting, the goal is to have the gates closed from noon - 9 p.m. or until the Park Rangers leaves. This occurs from Memorial Day to Labor Day, again the weather may change this.
The city of Sylvan Lake sits to the south of the lake by the same name. There are some bigger lakefront homes that are pricier than regular homes. I always tell home buyers that a lake front home can cost anywhere from $100,000 to over $250,000 for the same house off the lake. You can find many different styles of lake homes on Sylvan Lake.
We have helped clients that moved to Michigan find homes in the area. Sylvan Lake real estate is both lakefront and not. But you have the full use of A mile of city-owned lake front property, two private beaches and parks, restrooms, tennis courts, bocce ball courts, volleyball court, a beautiful Community Center on a spectacular setting, dock spaces that non-lakefront property owners can lease at an exceptional price. Lakefront access without the price or taxes of a home on the lake.
So give me a call if you have any questions about Sylvan real estate. My team of relocation specialists will help you find a home that you love. (248) 310-6239
Here is a list of how many active homes there are in Sylvan Lake as of 10/21/2014.
Residential
Status Count Average Price
Active 17 $241,091
Total 17 $241,091
Here is a list of how many homes have sold in the past 365 days in Sylvan Lake as of 10/21/2014.
Residential
Status Count Average Price
Sold 42 $173,596
Total 42 $173,596
Are you looking for Vacant Lake properties Oakland County MI, find them here!
Check out My Listings
Learn more about School Lake
Here are Grass Lake Sales to see how the market has been.
Woodhull Lake and all you need to know about buying a lake home here!
$324,900 8542 STATE Road Millington Vlg, MI Beds: 0 • Baths: 0 $74,900 19131 SAINT AUBIN Street Detroit, MI Beds: 3 • Baths: 1 full/1 partial $584,900 2577 Midwood Commerce Township, MI Beds: 0 • Baths: 0 $770,000 8855 GROSS Road Lima Township, MI Beds: 4 • Baths: 2 full/1 partial $295,000 42592 Royal Lane Clinton Township, MI Beds: 3 • Baths: 2 full/1 partial
