Waterford Homes under $500,000

Waterford Homes under $500,000

Welcome to Waterford, Michigan, a vibrant community nestled in the heart of Oakland County. Known for its picturesque landscapes and family-friendly atmosphere, Waterford is an ideal place for those seeking a blend of suburban charm and urban convenience. One of the standout features of this area is its highly regarded school district, which is dedicated to fostering academic excellence and personal growth among its students. Waterford School District offers a variety of educational programs and extracurricular activities, ensuring that every child has the opportunity to thrive.

Families will appreciate the district's commitment to providing a safe and nurturing environment, along with a robust curriculum that emphasizes critical thinking and creativity. With a range of schools from elementary to high school, parents can feel confident in the education their children will receive, making Waterford an attractive choice for families looking to settle down.

For homebuyers, Waterford offers an appealing real estate market with homes priced under $500,000. This range provides an excellent opportunity for first-time buyers, growing families, and those looking to downsize. From charming single-family homes to modern townhouses, the diverse selection ensures that there’s something for everyone. Many properties are situated in quiet neighborhoods, close to parks, shopping, and recreational activities, making it easy to enjoy all that Waterford has to offer.

In summary, Waterford, MI, is not only a wonderful place to live but also a community that prioritizes education and family values. Explore the possibilities of calling this beautiful area home today!

Newest Waterford Homes under $500,000

3825 Breaker, Waterford
$314,900
3 Beds ⋅ 2 Baths ⋅ 20261080097 MLS ⋅ ACTIVE Status
Beautiful home in quiet sub with schools, restaurants and grocery store nearby. Oh, did i mention Lake Oakland is within walking distance in the sub for a tiny fee per year to use. Home features: brand-new plank vinyl floor, freshly painted interior, new bathroom ceramic floor, painted front porch and backyard deck that walk down to a spacious fenced-in yard for your kids or furry buddies to welcome your arrival new ceramic flooring and a new tub just installed in May.BATVAI. Please call or text for any info.

3825 Breaker, Waterford
1532 Crescent Lake Road, Waterford
$170,000
2 Beds ⋅ 1 Baths ⋅ 20261079949 MLS ⋅ ACTIVE Status
INVESTORS DREAM !!CASH ONLY . BEING SOLD EXACTLY AS PICTURED. WILL NEED LOTS OF TLC INCLUDING A DUMPSTER . PRICED WAY BELOW APPRAISED VALUE !!

1532 Crescent Lake Road, Waterford
5812 Oster Drive, Waterford
$180,000
2 Beds ⋅ 1 Baths ⋅ 20261063829 MLS ⋅ ACTIVE Status
Welcome to 5812 Oster in Waterford! This property offers a great opportunity for buyers looking for a home in a convenient Waterford location with plenty of potential to make it their own. You will want to see it because of its comfortable living space. A perfect opportunity to personal and update. This warm and cozy home is situated on a large lot with detached garage and additional covered storage area. Fenced in with plenty of room for the firepit, BBQ and lots of memory builidng opportunities. Enjoy quite evening walks through the neighborhood. Walk to the beach access lots and dog park. Convenient location, close to shopping dining out, schools and county parks. Whether you're a first-time buyer, looking for your next home, or searching for an investment opportunity, 5812 Oster is worth a look!

5812 Oster Drive, Waterford
2936 Cottonwood Drive, Waterford
$199,000
2 Beds ⋅ 2 Baths ⋅ 20261079797 MLS ⋅ ACTIVE Status
Welcome home to easy, low-maintenance living in this well-maintained condo community! This 2-bedroom, 2-full-bath RANCH condo features a spacious primary suite with a private en suite bath and large walk-in closet. The kitchen offers a convenient breakfast bar with seating, and all appliances stay, including the washer and dryer. Enjoy an attached garage, immediate occupancy, and a beautiful community setting with pond views, sidewalks perfect for walking, and a gorgeous pool area. Move right in and enjoy condo living!

2936 Cottonwood Drive, Waterford
3091 Edgefield Drive, Waterford
$299,900
4 Beds ⋅ 2 Baths ⋅ 20261075933 MLS ⋅ ACTIVE Status
Beautifully updated and meticulously maintained, this exceptional 4-Bedroom, 2-BR bungalow offers timeless character, thoughtful updates, and effortless move-in appeal on an expansive corner lot with over half an acre. With 2 lots included in the sale, mature trees, and an abundance of privacy, the setting is every bit as special as the home itself. Just under 1700 square feet of livable space above grade, one of the larger homes in the area. A seamless layout welcomes you with charming sunroom, cozy stone fireplace, and true mudroom entry with custom built-ins. The beautifully appointed kitchen features granite countertops, SS appliances, ceramic flooring, and a natural flow into the living spaces. Hardwood floors add warmth and character throughout, while both full baths have been thoughtfully remodeled in 2024/25. The 927 SF unfinished basement offers exceptional storage and future equity potential, with waterproofing completed in 2017 and a transferable warranty. Outside, enjoy a private backyard retreat complete with a patio, fire pit, retaining wall, mature landscaping, and a newer shed. Detached 2 car garage with massive newer asphalt driveway (2022) and brand new porch (2026). This home has been exceptionally cared for, with an extensive list of improvements including a 2014 complete remodel, new vinyl windows (2005), furnace (2013), kitchen (2014), AC and electrical panel (2020), water heater (2021), flat roof, vinyl siding, gutters, driveway and shed (2022), garage doors and openers (2023), remodeled second full bath and new stainless appliances (2024), remodeled primary bath, interior paint and tree work (2025), and new entry doors, front porch, and basement stair carpet (2026). Private park with lake access on Otter & Sylvan lakes! A rare combination of space, privacy, character, and substantial updates, all in a setting that feels tucked away while offering the convenience of a beautifully established neighborhood. Simply unpack and enjoy.

3091 Edgefield Drive, Waterford
6578 Cloverton Drive, Waterford
$199,000
3 Beds ⋅ 1 Baths ⋅ 20261078892 MLS ⋅ ACTIVE Status
Whether you're looking for an investment opportunity or a handyman special, this is a fantastic chance to build equity in a prime Waterford location! This 3-bedroom, 1-bath home offers 1008 sq ft and is ready for renovation. The detached one-car garage provides extra storage. Enjoy the fully fenced backyard. Built in 1970, the property presents an excellent value-add opportunity for a fix-and-flip or long-term rental. Private neighborhood with access to all-sports Lotus Lake and the beach area. Bring your vision to this property. It is being sold as-is. The seller is motivated and unable to fix it.

6578 Cloverton Drive, Waterford
984 Coach House Lane, Waterford
$324,900
3 Beds ⋅ 2 Baths ⋅ 20261073387 MLS ⋅ ACTIVE Status
This charming colonial offers modern conveniences, comfortable living and a beautifully maintained setting. Featuring 3 bedrooms, 1 full bath and 1 half bath, the home includes a formal living room and dining room, plus a spacious family room with a gas fireplace. The bright white kitchen with stainless steel appliances opens to the family room, creating an inviting space for everyday living and entertaining. The primary bedroom overlooks the lush backyard, while two additional bedrooms offer flexibility for guests or a home office. The unfinished basement is ready for your personal touch and provides tons of storage, complemented by a two-car garage. Enjoy the large deck overlooking tranquil green space and abundant wildlife, surrounded by landscaping that has been meticulously upgraded and maintained. Recent updates include a roof just 4 years old, a 1 year old AC unit, whole-house humidifier, and recessed lighting added to the kitchen and family room. The exterior, family room, foyer and kitchen were also freshly painted. Ideally located near shopping, restaurants and just minutes from Elizabeth Lake, this home offers a wonderful combination of convenience and peaceful surroundings, all with a low annual HOA fee.

984 Coach House Lane, Waterford
4071 Ironside Drive, Waterford
$325,000
3 Beds ⋅ 2 Baths ⋅ 20261077877 MLS ⋅ ACTIVE Status
Move in Ready with All Sports Eagle Lake access! Open Floor Plan, Beautiful 4 Season Sunroom with commercial grade epoxy flooring, Huge fully fenced yard, Large bedrooms, Tons of flex space for WFH, Cozy family room with Natural Fireplace, A full basement with plenty of storage, New Stainless Steel appliances all stay with the home. Recessed lighting and cathedral ceiling. Immediate occupancy. You will not find a better value in this sought after subdivision!Eagle Lake Access is a $60 fee per year.

4071 Ironside Drive, Waterford
5539 Sunwood Drive, Waterford
$330,000
3 Beds ⋅ 3 Baths ⋅ 20261075259 MLS ⋅ ACTIVE Status
Well-maintained 3-bedroom, 2.5-bath ranch offering 1,263 sq ft of comfortable living space on a generous 11,587 sq ft lot. The open main floor features hardwood floors throughout and a functional layout with plenty of natural light. Enjoy access to the Huntoon Lake beach through the voluntary neighborhood association.Numerous updates include a tankless water heater and water softener (2020), composite deck (2021), roof (2022), and A/C (2019). High-efficiency furnace with UV light system. The attached 2-car garage features a 240V outlet for EV charging. Finished basement adds valuable living space with a full bath and bar, making it ideal for entertaining, recreation, or additional living space.Conveniently located within walking distance of Kettering High School, Pierce Middle School, and the Waterford Public Library. A well-maintained home with a great combination of updates, usable space, and access to Huntoon Lake.

5539 Sunwood Drive, Waterford
1870 Orchid Street, Waterford
$319,900
3 Beds ⋅ 2 Baths ⋅ 20261078956 MLS ⋅ ACTIVE Status
OPEN HOUSE Saturday October 3rd from 11AM - 1M! Welcome to this beautifully updated 3 bedroom, 2 bathroom home offering comfortable living, modern finishes, and the lake lifestyle you've been searching for, without the lakefront price. Inside, you'll find new quartz countertops, updated LVP flooring throughout, and a spacious kitchen featuring a deep pantry that provides outstanding storage. Situated on nearly half an acre, the backyard offers plenty of room to relax, with a deck to entertain, and fenced in area for the kids or furry friends. The 2 car garage with an attached workshop provides excellent space for vehicles, hobbies, storage, or weekend projects. You'll be able to enjoy exclusive access to beautiful Scott Lake with a private boat launch and kayak launch just a short walk away, making memorable summers on the water.

1870 Orchid Street, Waterford
5072 Joangay Boulevard, Waterford
$234,900
3 Beds ⋅ 1 Baths ⋅ 20261078719 MLS ⋅ ACTIVE Status
Great opportunity to add your personal touches! This 1,183 sq. ft. ranch features 3 bedrooms, 1 bath, a formal living room, and a huge family room. The standout feature is the spectacular 4-car heated garage with workshop, connected to the home by a convenient breezeway. Situated on a spacious 90x125 lot, this property offers plenty of room and potential. Bring your ideas and make it your own!

5072 Joangay Boulevard, Waterford
1298 S Cass Lake Road, Waterford
$449,900
3 Beds ⋅ 2 Baths ⋅ 20261078846 MLS ⋅ ACTIVE Status
Enjoy lakefront living with 100 feet of canal frontage and access to all-sports Cass Lake! This 3-bedroom, 2-bathroom ranch offers 1,240 SQFT of living space and includes a large private dock. The inviting living room features vinyl plank flooring, recessed lighting, and double French doors leading to the back deck. The kitchen is equipped with stainless steel appliances and offers plenty of cabinet and counter space. The primary bedroom includes an ensuite bathroom with heated floors and a walk-in shower. Two additional bedrooms and a second full bathroom complete the home. Additional features include a 2-car attached garage and major updates completed within the last 10 years, including the roof, furnace, A/C, hot water heater, washer, and dryer. Schedule a showing today! BTVAI

1298 S Cass Lake Road, Waterford
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