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3260 ISLAND COVE Drive 150, Waterford, MI 48328

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For Sale

$300,000

2 beds • 2 baths • 1,892 sqft

Estimated Payment

$ 1,931 /mo. †

6.63% APR for 30 yrs.
$4,717 in taxes
Change Loan Terms

  • Condominium
    Property type

  • $158.56
    Price per square foot

  • 31-40 Years Old
    Age

  • Pool
    Amenities

Explore this Property

Welcome home! This 2-bedroom, 2- bath condo on desirable Loon Lake boasts a picturesque landscape right out your window. Step into your own paradise just outside your door. Enjoy the serenity of nature or the adventure of boating and other water sports, boat slip included with the unit. Take a swim in the pool overlooking the breathtaking view. This first floor condo features an open kitchen, dining and living room design, perfect for entertaining or enjoying a quiet evening in. An expansive kitchen snack bar provides plenty of extra space for food prep, serving or dining. Spacious primary bedroom includes bath with shower and garden tub. No need to brave the elements. Stay warm and dry in the convenient parking garage with access right into your building. Property has elevator to help traverse floor to floor. Boat slip and public boat launch available for your convenience. No hassles of lawn maintenance, landscaping or snow removal.
MLS# 20240083583

Courtesy Of MHR Real Estate, LLC
47778 Van Dyke, Shelby Twp, MI 48317
(586) 488-3259

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Pool, Water Front
  • Architecture Style
    Art Deco
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Heating System
    Fireplace, Forced Air
  • View Type
    Water

Map and Directions

Directions to 3260 ISLAND COVE Drive 150, Waterford, MI 48328

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,538
  • Property Taxes
    $393
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,931

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Cooley Elementary School

Grades KG-5 Public School

Waterford, MI 48329 1.2 miles
2000 highfield rd

392 total students
18:1 Student teacher ratio

School Rating: B-

School Details

Pierce Middle School

Grades 6-8 Public School

Waterford, MI 48329 2 miles
5145 hatchery rd

803 total students
17:1 Student teacher ratio

School Rating: C-

School Details

Kettering High School

Grades 9-12 Public School

Waterford, MI 48329 2.1 miles
2800 kettering dr

1164 total students
22:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
Mason Middle School 1.1 miles Public 6-8 D-
Adams Elementary School 1.2 miles Public KG-5
Grayson Elementary School 1.2 miles Public KG-5 C-
Mott High School 1.4 miles Public 9-12 C-
Childrens Village School 1.4 miles Public KG-12
Sandburg Elementary School 1.4 miles Public KG-5
Alcott School 1.9 miles Public KG-5 D
Save Our Community Korporation 1.9 miles Private PK-3
Virtual Learning Academy Consortium 2 miles Public KG-12 C+
Waterford Lifetracks Program Crary Campus 2.1 miles Public UG
Waterford Durant High School 2.1 miles Public 9-12 D-
Waterford Montessori Academy 2.1 miles Public PK-5 D+
Oakside Scholars Charter Academy 2.4 miles Public KG-8 D
Donelson Hills Elementary School 2.4 miles Public KG-5 D
Riverside Elementary School 2.5 miles Public KG-5 C
Owen Elementary School 2.6 miles Public KG-5 D+
Kennedy Center 2.6 miles Public PK-12

Mason Middle School

Distance: 1.1 miles

Type Public

Grades: 6-8

D-

Adams Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

Grayson Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

C-

Mott High School

Distance: 1.4 miles

Type Public

Grades: 9-12

C-

Childrens Village School

Distance: 1.4 miles

Type Public

Grades: KG-12

Sandburg Elementary School

Distance: 1.4 miles

Type Public

Grades: KG-5

Alcott School

Distance: 1.9 miles

Type Public

Grades: KG-5

D

Save Our Community Korporation

Distance: 1.9 miles

Type Private

Grades: PK-3

Virtual Learning Academy Consortium

Distance: 2 miles

Type Public

Grades: KG-12

C+

Waterford Lifetracks Program Crary Campus

Distance: 2.1 miles

Type Public

Grades: UG

Waterford Durant High School

Distance: 2.1 miles

Type Public

Grades: 9-12

D-

Waterford Montessori Academy

Distance: 2.1 miles

Type Public

Grades: PK-5

D+

Oakside Scholars Charter Academy

Distance: 2.4 miles

Type Public

Grades: KG-8

D

Donelson Hills Elementary School

Distance: 2.4 miles

Type Public

Grades: KG-5

D

Riverside Elementary School

Distance: 2.5 miles

Type Public

Grades: KG-5

C

Owen Elementary School

Distance: 2.6 miles

Type Public

Grades: KG-5

D+

Kennedy Center

Distance: 2.6 miles

Type Public

Grades: PK-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Waterford, MI 48328

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Waterford, MI 48328

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month
16° January
Coldest Average Month
11,188 Total Households in Area
-0.4% Increase in population since the year 2010
26%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Waterford, MI 48328

Waterford, MI 48328 has a population of 24,955 people in 11,188 households with a median age of 41.8 years old.

-0.4%
Decrease in population
since the year 2010
Population is Trending down
11,294
Total households as of 2010
3.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 76%
Hispanic 11%
Black 9%
Other 4%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 76%, followed by Hispanic at 11%, Black at 9%, and Other at 4%.

Economics
for Waterford, MI 48328

2,306 /sq mi
Population Density
$63,128 /yr
Median Household Income
$253,500
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.65% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 10%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 7,365 62%
Rented 3,822 32%
Vacant 727 6%

White vs Blue Collar Jobs







White Collar 72%
Blue Collar 28%

Family & Education Facts
for Waterford, MI 48328

41.8 Median Age

Average Household Size

2.2
persons per
household

37.6%

Married Households

Community Population By Education

High School Graduate 28%
Some College 24%
Bachelors Degree 19%
Associates Degree 11%
Some High School 9%
Graduate Degree 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 27.97% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
25.9% of households have children

Weather
for Waterford, MI 48328

The weather for this area ranges from a high of 83° F in July to a low of 16° F in January

83° July
Hottest Average Month
16° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
30°
Feb
16°
32°
Mar
25°
43°
Apr
36°
57°
May
46°
69°
Jun
56°
79°
Jul
60°
83°
Aug
59°
81°
Sep
52°
74°
Oct
41°
61°
Nov
31°
46°
Dec
21°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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