$4,500,000
$250K PRICE DROP

1567 Island Ln Bloomfield Hills, MI 48302

Estimated payment $29,988/month

Total Views 4,513
4 Beds
8 Baths
7,751 Sq Ft
$581 Price per Sq Ft

Highlights

  • 157 Feet of Waterfront
  • Dock Facilities
  • Viking Appliances
  • Way Elementary School Rated A
  • Lake Privileges
  • Ranch Style House

About This Home

Discover unparalleled luxury on the shores of Island Lake in this 14,000+ sq ft estate, designed for elegance, comfort, and sophistication. South-facing and filled with natural light, this residence features 4 spacious bedroom suites—including a his-and-her primary with a spa-like bath and expansive walk-in closet—and 5.3 baths throughout. The gourmet kitchen is equipped with top-tier appliances including a Sub-Zero fridge, Viking stove, SieMatic cabinetry, and radiant-heated travertine floors. Entertain in style with a formal dining room, a living room offering panoramic lake views, and a mahogany library with coffered ceilings and built-in bookshelves. A secret passage connects the living room to the office for added charm. The fully finished lower level includes a second kitchen, an imported Italian bar, wine cellar, gun room, daylight bedrooms (one with walk-out), and lake views throughout. Step out to the balcony or terrace with a retractable awning and enjoy the professionally designed drainage system and lower-level garage for lakeside storage. Additional highlights include an elevator to all three levels, radiant heating powered by two boilers (one new in 2024), electronic shades, new windows, copper gutters, clay tile roof, and a backup generator. Furniture is negotiable. Some rooms remain unphotographed for privacy. A true lakeside masterpiece blending timeless elegance with modern luxury.All measurements are approximate agent to verify.

Listing Agent

Nick Jaafar

Keller Williams Legacy License #6501403947 Listed on: 10/02/2025

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 179x594x157x600
  • 157 Feet of Waterfront
  • Lake Front

Home Design

  • 7,751 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Stone Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Front Facing Garage

Outdoor Features

  • Dock Facilities
  • Lake Privileges

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Viking Appliances
  • Ground Level
  • Finished Basement

Community Details

  • No Home Owners Association
  • West Lochslea #2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1918230009

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,212

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1995
  • State Equalized Value: 2075480.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 5.30
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Total Sq Ft: 7751

Exterior Features

  • Waterfront Name: Island Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Foundation Materials: Poured
  • Road Frontage Type: Paved
  • Water Frontage Feet: 157.00
  • Waterfront Description: Lake Front, Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Attached, Garage Faces Front
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.77
  • Lot Dimensions: 179x594x157x600
  • Parcel Number: 1918230009

Tax Info

  • Tax Amount Summer: 36974.0000
  • Tax Amount Winter: 40238.0000
  • Total Tax: 77212.0000
  • Taxable Value: 1986420.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $36,974 $2,075,480 $0 $0
2023 $35,780 $1,891,830 $0 $0
2022 $55,666 $2,208,860 $0 $0
2021 $72,437 $2,088,470 $0 $0
2020 $27,091 $2,173,050 $0 $0
2019 $52,001 $2,105,300 $0 $0
2018 $52,238 $1,500,000 $0 $0
2017 $51,863 $1,500,000 $0 $0
2016 $51,960 $1,404,000 $0 $0
2015 -- $1,404,000 $0 $0
2014 -- $1,750,000 $0 $0
2011 -- $1,500,740 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Price Changed $4,500,000 -5.3% $581 / Sq Ft
10/02/2025 10/02/25 For Sale $4,750,000 +35.7% $613 / Sq Ft
02/10/2022 02/10/22 Sold $3,500,000 -22.0% $452 / Sq Ft View Prior Sale
01/20/2022 01/20/22 Pending -- -- --
10/06/2021 10/06/21 For Sale $4,490,000 -- $579 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,500,000 Capital Title
Source: Public Records

Source: Realcomp

MLS Number: 20251041967

Realcomp

APN: 19-18-230-009