5515 Oster Drive
Waterford, MI 48327
Map
- 2 beds
- 2 baths
- 1,105 sqft
- 11,761 sqft lot
- $190 per sqft
- 1957 build
- – on site
Don't miss your chance to enjoy affordable lake living! This delightful 1105 sq.ft. home with 2 bed (with a flex room that could be a bedroom), 1.5 bath ranch is perfect for first-time buyers or those looking to downsize or maybe even a second home. Located in a quiet neighborhood, the home features a spacious detached 2-car garage, large yard, and shed for additional storage. A nice-sized porch in the front is perfect for slow mornings, and a covered deck in the back, great for gatherings. Three seasons room at the back of house creates extra porch space, storage, or flex room potential. The half bath doubles as laundry room with a washer and dryer, plus utility sink. Wood burning fireplace with beautiful brick mantel is the focal point of the dining room. With some TLC, you can turn this ranch into a homey getaway! Enjoy exclusive access to Crescent Lake, a beautiful all-sports lake with an optional annual association fee of just $85. The private lake amenities include a park, beach, bathrooms, and boat launch, all just a short walk from your front door. Recent updates include a 5-year-old roof, 2-year-old furnace, and a hot water heater less than a year old—giving you peace of mind and added value. Custom made soiled wood cabinets. Windows and ac updated 8 years ago. Schedule your showing today and experience the best of lake life living!
Last checked:
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Checking…
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Last updated Jun 23, 2025
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MLS# 20251008330 —
Upcoming Open Houses
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Sunday, 6/22
12pm-1pm -
Sunday, 6/22
1pm-3pm
The Building
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Year Built:1957
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Year Remodeled:2024
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New Construction:false
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Construction Materials:VinylSiding
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Architectural Style:Ranch
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Levels:One
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Entry Location:Ground Level
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Basement:false
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Foundation Details:CrawlSpace
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Patio And Porch Features:Deck, Porch
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Above Grade Finished Area:1105.0
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Below Grade Total Area:1056
Interior
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Fireplace:true
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Fireplace Features:DiningRoom, WoodBurning
Room Dimensions
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Living Area:1105.0
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Living Area Source:PublicRecords
Location
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Directions:Elizabeth Lake Rd & S Pinegrove Ave
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Cross Street:Elizabeth Lake Rd & S Pinegrove Ave
The Property
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Parcel Number:1328128036
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Size Acres:0.27
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Lot Size Dimensions:50X126.24
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Lot Size Units:Acres
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Waterfront Features:AllSportsLake, LakePrivileges
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Water Body Name:Crescent Lake
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Road Frontage Feet:50
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 787-5192
- Office phone:
- (248) 360-2900
Taxes
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Tax Legal Description:T3N, R9E, SEC 28 CRESCENT LAKE ESTATES LOTS 96 & 97
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Tax Assessed Value:85270
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Tax Annual Amount:3958.0
Beds
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Total Bedrooms:2
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, FreeStandingGasRange, FreeStandingRefrigerator, Microwave, Washer
Schools
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High School District:Waterford
The Community
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Subdivision Name:CRESCENT LAKE ESTATES
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Association:true
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Association Fee:85.0
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Association Fee Frequency:Annually
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:false
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Parking Features:TwoCarGarage, Detached
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$210,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,124
|
| Taxes | $329 |
| Insurance | $57 |
| HOA fees | $7 |
| Utilities | $151 See report |
| Total | $1,668/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/21/25
Jun 21, 2025
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Listed / Active | REALCOMP | $210,000 | |
|
6/16/25
Jun 16, 2025
|
Delisted / Withdrawn | REALCOMP | $210,000 |
37% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $10k above asking price on average, but some went as high as $27k over asking price.
