Fabulous opportunity to purchase a lake front property in the highly desired Village Oaks subdivision. This home is located within walking distance to highly acclaimed Village Oaks Elementary School. Right around the corner and within walking distance to the neighborhood pool, park and clubhouse. This 4 bedroom colonial has a very functional layout with a large family room with a fireplace and stunning views with direct access to the deck that leads to the large back yard that leads down to the lake. The lake is a non-motorized lake but you can have a canoe, paddle board or paddle boat. Check out the row boat on the shore, which is included, with the home. Convenient location; minutes from all the great shopping and dining that Novi has to offer along with easy access to major expressways, (I696,I96,I275 & M14)- Call for your appointment today!
Single-familyProperty Type
1974Year Built
10,400 sq ftLot Size
$254Est. Price/Sq.Ft.
2 car garageParking
Listed by Dawn Mueller• Coldwell Banker Professionals-Northville
Formal living and dining room. Eat-in kitchen is open to the family room. Patio doors off family room leading to a deck overlooking the lake.
7 years ago• May not reflect the current state of the home
Dardnella Morton
Redfin Associate agent
Sale history for 40487 Village Wood Rd
Date
Event
Price
Greater Lansing AoR #21648381
Oct 4, 2019
Sold
$285,000
$164/sq ft
Aug 28, 2019
Pending
—
Aug 23, 2019
Listed
$275,000
$158/sq ft
Fabulous opportunity to purchase a lake front property in the highly desired Village Oaks subdivision. This home is located within walking distance to highly acclaimed Village Oaks Elementary School. Right around the corner and within walking distance to the neighborhood pool, park and clubhouse. This 4 bedroom colonial has a very functional layout with a large family room with a fireplace and stunning views with direct access to the deck that leads to the large back yard that leads down to the lake. The lake is a non-motorized lake but you can have a canoe, paddle board or paddle boat. Check out the row boat on the shore, which is included, with the home. Convenient location; minutes from all the great shopping and dining that Novi has to offer along with easy access to major expressways, (I696,I96,I275 & M14)- Call for your appointment today!
REALCOMP #219087222
Oct 4, 2019
Sold
$285,000
$164/sq ft
Aug 28, 2019
Pending
—
Aug 23, 2019
Listed
$275,000
$158/sq ft
Public Records
Nov 25, 2014
Sold
$235,000
$135/sq ft
MiRealSource-MiMLS #20837417
Oct 16, 2014
Sold
$235,000
$135/sq ft
Sep 4, 2014
Listing Removed
—
Aug 26, 2014
Listed
$239,999
$138/sq ft
REALCOMP #214088912
Oct 16, 2014
Sold
$235,000
$135/sq ft
Aug 26, 2014
Listed
$239,999
$138/sq ft
MiRealSource-MiMLS #21072006
Aug 26, 2014
Listing Removed
—
Aug 11, 2014
Listed
$250,000
$144/sq ft
REALCOMP #214082805
Aug 26, 2014
Listing Removed
—
Aug 11, 2014
Listed
$250,000
$144/sq ft
REALCOMP #24118408
Nov 5, 2004
Listing Removed
—
Sep 16, 2004
Listed
$268,000
$154/sq ft
REALCOMP #24071980
Sep 5, 2004
Listing Removed
—
Jun 12, 2004
Listed
$273,900
$158/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,350 (+3.4%)
2024
$6,140 (+5.6%)
2023
$5,814 (+4.8%)
2022
$5,548 (+5.2%)
2021
$5,271 (−4.4%)
2020
$5,511 (+13.3%)
2019
$4,862 (+2.6%)
2018
$4,738 (+1.7%)
2017
$4,659 (+0.4%)
2016
$4,642 (+2.8%)
2015
$4,517 (+29.2%)
2014
$3,495
Tax history for 40487 Village Wood Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,350 (+3.4%)
2024
$6,140 (+5.6%)
2023
$5,814 (+4.8%)
2022
$5,548 (+5.2%)
2021
$5,271 (−4.4%)
2020
$5,511 (+13.3%)
2019
$4,862 (+2.6%)
2018
$4,738 (+1.7%)
2017
$4,659 (+0.4%)
2016
$4,642 (+2.8%)
2015
$4,517 (+29.2%)
2014
$3,495
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
10,454 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Oakland County
APN
502225402003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 5, 2026.
R-3
One-Family Residential District
The R-3, One-Family Residential district is intended to provide for an environment of predominantly lowdensity, one-family detached dwellings along with other residentially related facilities which serve the residents in the district.
Permitted uses
Include but are not limited to:
Equestrian facility
Greenhouse / nursery
Housing-Single unit
Recreation
Park & open space
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached, Paved, Garage Door Opener
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Range, Oven, Gas Water Heater
Has Fireplace
Fireplace Features: Family Room
Room Information
# of Rooms Total: 13
Has Basement
Basement Details: Unfinished
Exterior
Exterior Features
Patio And Porch Features: Deck, Porch
Pool Information
Has Private Pool
Building Information
Above Grade Finished Area: 1,736
# of Stories Total: 2
Construction Materials: Aluminum Siding, Brick
Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Pets Allowed: Yes
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family
Lot Information
Frontage Length: 80
Water Body Name: Village Oaks
Lot Size : 80 x 130
Financial
Tax Information
Tax Annual Amount: $4,738
Utilities
Utility Information
Utilities: Cable Available
Location
HOA Information
Has Homeowners Association
Association Amenities: Clubhouse
Association Fee: $320
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $26.67
Schools Information
School District: Novi Community School District
Location Information
Directions: Enter Village Wood off Haggerty to home on left
Subdivision Name: HEATHERWOODE SUB
Cross Street: 9 mile
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 10,454 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Oakland County
APN: 502225402003
Home facts updated by county records on Nov 5, 2026
Other
Listing Information
List AOR: RealComp
Around this home
Schools
K - 12
Preschool & daycare
Village Oaks Elementary School
Public K-4 • Assigned • 0.2mi
10/10
Novi High School
Public 8-12 • Assigned • 2.4mi
8/10
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
3/10 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, 4 days in 30 years
Provided by First Street
Historical weather
Novi, MI • 48375
Average low and high temperatures (°F)
27
15
34
19
52
31
61
40
68
48
81
60
86
66
80
60
77
54
65
45
49
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$420,000 – $508,000
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