Amazing 2 unit leased waterfront investment property on 4.5 acres with over 2000 feet of water-frontage. Round Lake is a beautiful private lake with great fishing. The lake allows only electric motors. The lot is the perfect building site for an estate sized home. Each unit is meticulously maintained and they have always rented easily. This property has 2 units that are both leased with room to raise rents. This great property could also work very well on AirB & B.
Single-familyProperty Type
1901Year Built
4.58 acresLot Size
$244Est. Price/Sq.Ft.
2 car garageParking
Listed by Dylan Tent• Signature Sotheby's International Realty Nvl
Amazing 2 unit leased waterfront investment property on 4.5 acres with over 2000 feet of water-frontage. Round Lake is a beautiful private lake with great fishing. The lake allows only electric motors. The lot is the perfect building site for an estate sized home. Each unit is meticulously maintained and they have always rented easily. This property has 2 units that are both leased with room to raise rents. This great property could also work very well on AirB & B.
REALCOMP #2210029333
Jun 1, 2021
Sold
$345,000
$190/sq ft
May 17, 2021
Pending
—
Apr 29, 2021
Listed
$359,900
$199/sq ft
MiRealSource-MiMLS #40046209
Dec 12, 2020
Listing Removed
—
Jul 17, 2020
Price Changed
$349,000
$192/sq ft
Apr 27, 2020
Listed
$359,900
$199/sq ft
REALCOMP #2200025485
Jan 6, 2021
Listing Removed
—
Jul 17, 2020
Price Changed
$349,000
$192/sq ft
Apr 27, 2020
Listed
$359,900
$199/sq ft
MiRealSource-MiMLS #31397306
Nov 13, 2019
Listing Removed
—
Oct 11, 2019
Listed
$339,900
$187/sq ft
Oct 11, 2019
Listing Removed
—
REALCOMP #58031397306
Oct 11, 2019
Listing Removed
—
Oct 11, 2019
Listed
$339,900
$187/sq ft
MiRealSource-MiMLS #31384973
Oct 11, 2019
Listing Removed
—
Sep 3, 2019
Price Changed
$339,900
$187/sq ft
Jun 25, 2019
Listed
$349,900
$193/sq ft
REALCOMP #58031384973
Oct 11, 2019
Listing Removed
—
Jun 25, 2019
Listed
$339,900
$187/sq ft
MiRealSource-MiMLS #31372892
Jun 11, 2019
Listing Removed
—
Mar 12, 2019
Listed
$349,900
$193/sq ft
REALCOMP #58031372892
Jun 11, 2019
Listing Removed
—
Mar 12, 2019
Listed
$349,900
$193/sq ft
MiRealSource-MiMLS #31359375
Mar 7, 2019
Listing Removed
—
Sep 10, 2018
Listed
$349,900
$193/sq ft
REALCOMP #58031359375
Mar 7, 2019
Listing Removed
—
Sep 10, 2018
Listed
$349,900
$193/sq ft
Greater Lansing AoR #21463976
Dec 24, 2018
Listing Removed
—
Aug 23, 2018
Listing Removed
—
Jun 29, 2018
Price Changed
$398,000
$220/sq ft
Jun 18, 2018
Listed
$449,900
$248/sq ft
REALCOMP #5021463976
Dec 24, 2018
Listing Removed
—
Jun 18, 2018
Listed
$398,000
$220/sq ft
Greater Lansing AoR #21434229
Aug 23, 2018
Listing Removed
—
Greater Lansing AoR #21434331
Aug 23, 2018
Listing Removed
—
MiRealSource-MiMLS #21465382
Aug 23, 2018
Listing Removed
—
Jun 28, 2018
Price Changed
$398,000
$220/sq ft
Jun 18, 2018
Listed
$449,900
$248/sq ft
REALCOMP #218055290
Aug 23, 2018
Listing Removed
—
Jun 28, 2018
Price Changed
$398,000
$220/sq ft
Jun 18, 2018
Listed
$449,900
$248/sq ft
REALCOMP #218030022
Aug 23, 2018
Listing Removed
—
Jun 28, 2018
Price Changed
$398,000
$220/sq ft
Jun 11, 2018
Price Changed
$449,900
$248/sq ft
Apr 11, 2018
Listed
$465,000
$256/sq ft
REALCOMP #5021434229
Aug 23, 2018
Listing Removed
—
Aug 21, 2018
Price Changed
$398,000
$220/sq ft
Apr 17, 2018
Listing Removed
—
Apr 11, 2018
Listed
$465,000
$256/sq ft
MiRealSource-MiMLS #31030828
Nov 3, 2011
Listing Removed
—
Nov 2, 2010
Listed
$549,900
$303/sq ft
REALCOMP #210125941
Nov 2, 2011
Listing Removed
—
Nov 2, 2010
Listed
$549,900
$303/sq ft
REALCOMP #24116340
Nov 29, 2004
Listing Removed
—
Sep 11, 2004
Listed
$550,000
$303/sq ft
Public Records
Jun 25, 2004
Sold
$310,000
$171/sq ft
REALCOMP #24054467
May 24, 2004
Listing Removed
—
May 6, 2004
Listed
$389,000
$215/sq ft
REALCOMP #21048070
Feb 5, 2002
Sold
$235,000
$130/sq ft
Jun 15, 2001
Listed
$257,752
$142/sq ft
REALCOMP #20058766
Feb 22, 2001
Listing Removed
—
Aug 22, 2000
Listed
$273,500
$151/sq ft
Public Records
Feb 12, 1993
Sold
$109,000
$60/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,181 (+3.2%)
2024
$5,020 (+5.7%)
2023
$4,748 (+2.8%)
2022
$4,617 (+58.7%)
2021
$2,909 (−34.5%)
2020
$4,442 (+1.7%)
2019
$4,366 (+2.4%)
2018
$4,263 (+3.2%)
2017
$4,131 (+1.0%)
2016
$4,090 (−0.5%)
2015
$4,109 (+1.7%)
2014
$4,039
Tax history for 1556 ROCHESTER Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,181 (+3.2%)
2024
$5,020 (+5.7%)
2023
$4,748 (+2.8%)
2022
$4,617 (+58.7%)
2021
$2,909 (−34.5%)
2020
$4,442 (+1.7%)
2019
$4,366 (+2.4%)
2018
$4,263 (+3.2%)
2017
$4,131 (+1.0%)
2016
$4,090 (−0.5%)
2015
$4,109 (+1.7%)
2014
$4,039
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1.25
Lot width
—
Lot depth
—
Lot size
4.58 Acres
Year renovated
1965
Sq. Ft.
1,092
Year built
1901
Style
Single Family Residential
County
Oakland County
APN
A -05-26-153-010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Parking Spaces in Garage: 2
Garage Type: Attached Garage, Electric In Garage
Interior
Interior Features
# of Rooms (Total): 11
Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Laundry/Basement Information
Basement Type: Unfinished
Exterior
Exterior Features
Exterior Construction: Vinyl Siding
Foundation Type: Michigan Basement
Property Features
On Waterfront
Water Features: Lake Frontage, Waterfront
Lake Name: Round Lake
Property Information
Property Type: Residential
Structure Style: 1 1/2 Story
Year Built: 1901
Below Grade Sq. Ft.: 800
Land Information
Land Contract: No
Acreage: 4.58
Roads: Gravel, Private Road
Frontage: 884
Financial
Tax/Assessments Information
Taxable Value: $86,640
Total Tax Amount: $4,367
Summer Tax Amount: $3,569
Winter Tax Amount: $798
Utilities
Utility Information
Heat/Fuel Type: LP/Propane Gas
Water Heater: Propane Hot Water
Water: Private Well
Cooling System: Ceiling Fan(S)
Heating System: Forced Air
Sewer Septic: Septic
Location
Unit 5 Information
Living Room Dimensions: L=1813
School Information
School District: Oxford Area Comm School District
School District: Oxford Area Comm School District
Address Information
Street Designation: Road
Location Details
Directions: Lakeville Road just East of Rochester jog on south side
Municipality Type: Township
Municipality: Addison Twp
Mail City: Leonard
Municipality: Addison Twp
Area (Municipality): Addison Twp (63051)
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,092
Stories: 1.25
Lot Size: 4.58 acres
Style: Single Family Residential
Year Built: 1901
Year Renovated: 1965
County: Oakland County
APN: A -05-26-153-010
Home facts updated by county records on Aug 12, 2026
Other
Listing Information
Originating MLS: RealComp
No
Around this home
Schools
Leonard Elementary School
Public K-5 • Assigned • 3.1mi
4/10
Oxford Area Middle School
Public 6-8 • Assigned • 5.3mi
7/10
Oxford High School
Public 9-12 • Assigned • 6.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Leonard, MI • 48367 3538
Average low and high temperatures (°F)
27
13
33
17
50
29
59
39
66
46
80
58
84
64
78
58
76
52
64
43
47
35
34
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$420,000 – $508,000
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