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49588 Villa, Novi, MI, 48374

$1,690,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
2,875 SqFt
$588/SqFt
House

Location

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49588 Villa, Novi$1,690,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingThreeandHalfCarGarage, Attached, SideEntrance
Attached Garage3 spaces
Year Built2025
HeatingForced Air, Natural Gas
BasementYes
MLS #20240079579
Lot Size0.30 Acres
StatusActive

About 49588 Villa

Newly Designed Ranch Home by Cambridge Homes, Inc.. This modern prairie home inspired by architect Frank Lloyed Wright will be contructed at TERRA, an award winning gated ranch home community in Novi, MI. Terra is surrounded by 300 hundred acres of protect woodlands which offers the feeling of living up north but with all the conveniences of nearby entertainment, shopping, dining, walking, bicycling and jogging trails. Terra is walking distance to Maybury State Park. The home includes many upgraded features including 3 car garage, covered Lanai, fireplace, sprinkler system, sod and all landscaping. NOTE: Photos shown are from existing home at Terra and show some upgrades and furniture that are not included in sale.

Property Details

Property Features

Property Information:

  • Architectural Style: Prairie, Ranch
  • Year Built: 2025
  • Living Area: 2,875 SqFt

Listing Office:

  • Office Name: Kirkwood Realty, LLC
  • Office Phone: (248) 417-8394
  • Listing Agent: Sheldon M Rott

Interior Features

Interior Information:

  • Appliances: Electric Oven, Refrigerator, Dishwasher, Disposal, Gas Cooktop, Humidifier, Ice Maker, Microwave, Range Hood
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: ThreeandHalfCarGarage, Attached, SideEntrance

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Take 8 Mile to Garfield, go north one mile to Terra entrance. Go to model home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,690,000
  • Price Per SqFt: $588/SqFt

HOA Fees:

  • Amount: $506
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Novi, MI.

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Novi, MI

City

Med. Sold Price

$475K

Med. Price/SqFt

$191

Avg. Days On Market

31

# of Sold Homes

39

49588 Villa vs Novi

42 DAYS ON ROCKET

+11 Days

$1,690,000

+$1.2M More

$588/SqFt

+$397 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $397/SqFt more than other homes in Novi, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240079579

Listing Office:

  • Office Name: Kirkwood Realty, LLC
  • Office Phone: (248) 417-8394
  • Listing Agent: Sheldon M Rott

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$9,008

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,133

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3800701
9
/10

  • Deerfield Elementary School

  • 26500 Wixom Rd

  • 2.05 miles

  • Public District Grades KG-4

school-card-donut-3800702
7
/10

  • Novi Meadows Elementary School

  • 25549 Taft Rd

  • 2.61 miles

  • Public District Grades 5-6

school-card-donut-3800703
9
/10

  • Ridge Wood Elementary School

  • 49775 6 Mile Rd

  • 3.27 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $164,740. Residents of Novi, MI typically earn $200k+ each year. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 49588 Villa

What is the listing price of this property?

The listing price of 49588 Villa property is $1,690,000.

What type of property is this?

The property 49588 Villa is a house located in Novi, Michigan, 48374.

Is this property for sale now?

Active Listing: 49588 Villa is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 49588 Villa has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 49588 Villa is 2,875 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 49588 Villa is 2025.

Rocket Homes›Michigan›Oakland County›Novi›48374›49588 Villa

This home is located at 49588 Villa in Novi, MI and zip code 48374. This 2,875 square foot home, which was built in 2025, sits on a 0.30 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $1,690,000.

Novi, MI housing market in November 2024 saw over 9 listings sold above listed price, more than 7 sold at listed price and over 23 sold below. The number of listings in Novi, MI decreased by 18.5% between October 2024 and November 2024. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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