$869,000
PENDING $56K PRICE DROP

49235 Braeburn Ln Unit 162 Novi, MI 48374

Island Lake Neighborhood

Estimated payment $5,707/month

Total Views 12,465
4 Beds
3.5 Baths
3,320 Sq Ft
$262 Price per Sq Ft

Highlights

  • Beach Access
  • Tennis Courts
  • Lake Privileges
  • Deerfield Elementary School Rated A+
  • In Ground Pool
  • Colonial Architecture

About This Home

Stunning Luxury Home in Prestigious Island Lake of Novi! Welcome to this exceptional residence, offering resort-style living in the highly sought-after Island Lake community. Nestled on a sprawling corner lot on a peaceful, low-traffic street, this home strikes the perfect balance of privacy and convenience. The expansive, park-like backyard is surrounded by mature trees, creating a serene retreat. Just behind the property, a charming park with play equipment adds to the allure, making it ideal for families or anyone who enjoys outdoor recreation. Step inside to discover a beautifully remodeled gourmet kitchen (2020) that exudes modern elegance, featuring sleek granite countertops, high-end stainless-steel appliances, a spacious island, and a cozy breakfast nook—all complemented by refinished hardwood floors. The open and airy family room boasts soaring vaulted ceilings and a gas fireplace, creating a warm and inviting atmosphere. A second-floor balcony overlooks the family room, adding a touch of architectural grandeur. The master suite is a true sanctuary, complete with a vast walk-in closet, a relaxing sitting area, and a luxurious en-suite bath with dual vanities and a jetted tub. Dual staircases with wrought iron spindles enhance the home’s elegant design. Recent updates include freshly sealed stamped concrete sidewalks and rear patio, as well as fresh exterior paint, ensuring the home looks as good on the outside as it feels inside. Rest easy under a new roof (2020) with 50-year shingles and enjoy the peace of mind that comes with energy-efficient updates such as a new zoned furnace and A/C (2017), as well as a new water heater (2017). The finished lower level includes a large recreation area, a kitchen/bar, a bedroom, a full bath, and ample storage. This home also includes a central vacuum system for added convenience. Catholic Central High School Nearby. Lake community boasts resort-style amenities, including a clubhouse, pool, private beaches, tennis and volleyball courts, walking trails, and a gym.

Listing Agent

Roger Murray

National Realty Centers, Inc License #6501260115 Listed on: 05/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 120x120x165x165
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,320 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Lake Privileges
  • Tennis Courts
  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2220303001

Community Details

Overview

  • Sentry Management Association, Phone Number (517) 545-3900
  • Island Lake Vineyards Occpn 1271 Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,237

Year Built

Built in 2003

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 140.00
  • Year Built: 2003
  • State Equalized Value: 332730.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Circuit Breakers, Entrance Foyer, High Spd Internet Avail, Humidifier, Jetted Tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 17
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Washer, Bar Fridge
  • Sq Ft Combined: 4520
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 3320
  • Sq Ft Total Bsmt: 1634

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Tennis Court, Club House, Lighting, Pool – Community, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 120
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S
  • Waterfront Description: Beach Access, Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Side Entrance, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (517) 545-3900
  • Association Fee: 115
  • Association Contact: Sentry Management
  • Association Fee: Yes

Schools

  • School District: Novi

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Sprinkler(s)
  • Lot Size Area: 0.45
  • Lot Dimensions: 120X120X165X165
  • Parcel Number: 2220303001

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 7636.0000
  • Tax Amount Winter: 1601.0000
  • Total Tax: 9237.0000
  • Taxable Value: 255410.0000

MLS Schools

  • School District: Novi

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
2023 $7,636 $300,490 $0 $0
2022 $8,477 $295,120 $0 $0
2020 $6,888 $270,900 $52,000 $218,900
2015 -- $235,950 $0 $0
2014 -- $231,800 $0 $0
2011 -- $210,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Pending -- -- --
06/10/2025 06/10/25 For Sale $869,000 0.0% $262 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $869,000 -3.3% $262 / Sq Ft
05/15/2025 05/15/25 Price Changed $899,000 -2.8% $271 / Sq Ft
05/09/2025 05/09/25 For Sale $925,000 -- $279 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $495,000 --
Warranty Deed $510,000 Metropolitan Title Company
Warranty Deed $499,528 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,800 Credit Line Revolving
Closed $305,000 New Conventional
Closed $331,000 New Conventional
Closed $338,000 New Conventional
Closed $342,000 New Conventional
Closed $192,000 New Conventional
Closed $209,000 New Conventional
Closed $100,000 Credit Line Revolving
Closed $100,000 Credit Line Revolving
Closed $240,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Realcomp

MLS Number: 20250033027

Realcomp

APN: 22-20-303-001