3 months on rocket

5385 Bywood Rd, Bloomfield Hills, MI, 48302

$2,000,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
5,577 SqFt
$359/SqFt
House

Location

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5385 Bywood Rd, Bloomfield Hills$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingElectricity, Door Opener, Attached
Attached Garage3 spaces
Year Built1960
HeatingNatural Gas, ENERGY STAR Qualified Equipment, Forced Air
CoolingCeiling Fan(s), Central Air, Humidity Control
FireplaceDining Room, Living Room, Primary Bedroom, Other
MLS #20240058657
Lot Size1.50 Acres
StatusActive

About 5385 Bywood Rd

Experience unparalleled luxury in this one-of-a-kind updated open concept California-style mid-century modern architectural masterpiece, nestled in the highly desirable Chalmers Lake neighborhood. This 5,500 sq ft home is a true testament to modern sophistication and functionality, blending the best of indoor and outdoor living. Meticulously curated landscaping surrounds the property, creating a serene oasis with a sprawling backyard patio, a captivating pond with a cascading waterfall, and a blue stone patio off the primary bedroom—perfect for tranquil mornings or evening relaxation. Inside, MCM design touches and built-ins have been thoughtfully reintroduced to honor the home's original charm while catering to the modern homeowner. The heart of the home is a breathtaking kitchen, featuring sleek, clean lines, top-of-the-line Fisher Paykel appliances, and extensive custom cabinetry. The primary suite is a private sanctuary, strategically positioned on one side of the residence for ultimate privacy, while additional bedrooms are in the opposite wing. The laundry room and two-bathroom closets are outfitted with California Closets, offering the highest standard of organization and design. For those embracing a work-from-home lifestyle, the residence features two dedicated home offices, one of which could easily be transformed into a den. Unwind in the charming cedar three-season room or enjoy a workout in your indoor gym. With five fireplaces spread throughout the home, warmth and ambiance are always within reach. The property is fully equipped with a gas line and a standalone electric panel, ready for a pool installation, allowing for future customization. Beyond the beauty of your own property, take advantage of the beach access and lake privileges to Chalmers Lake, offering endless opportunities for boating, swimming, and lakeside leisure. Every detail of this home has been thoughtfully designed and meticulously crafted by the renowned JA Studios design team, making it a true work of art.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 5,577 SqFt

Listing Office:

  • Office Name: RE/MAX, The Collective Agency
  • Office Phone: (248) 780-0942
  • Listing Agent: Emilio Ramirez

Interior Features

Interior Information:

  • Appliances: Induction Cooktop, Electric Oven, Refrigerator, Dishwasher, Disposal, Down Draft, Dryer, Ice Maker, Washer, Wine Cooler, Refrigerated Under Counter/Drawer
  • Basement: No
  • Interior: Smoke Alarm, 220 Volts, Cable Available, Circuit Breakers, Humidifier, Furnished - Negotiable, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Dining Room, Living Room, Primary Bedroom, Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Gutter Guard System, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Electricity, Door Opener, Attached

Virtual/3D Tour

  • Virtual Tour: 5385 Bywood Rd
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Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, ENERGY STAR Qualified Equipment, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Humidity Control

Other

Directions Information:

  • Directions: W Maple to N Franklin Rd, E on Quarton, N on Bywood house on R.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000
  • Price Per SqFt: $359/SqFt

HOA Fees:

  • Amount: $350
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,532
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bloomfield Hills, MI.

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Bloomfield Hills, MI

City

Med. Sold Price

$625.6K

Med. Price/SqFt

$239

Avg. Days On Market

24

# of Sold Homes

52

5385 Bywood Rd vs Bloomfield Hills

94 DAYS ON ROCKET

+70 Days

$2,000,000

+$1.3M More

$359/SqFt

+$119 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $119/SqFt more than other homes in Bloomfield Hills, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240058657

Listing Office:

  • Office Name: RE/MAX, The Collective Agency
  • Office Phone: (248) 780-0942
  • Listing Agent: Emilio Ramirez

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: 11/17/2024, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,532$424,420
2020$9,780$424,570
2018$9,824$382,360
2017$9,755$367,490

History based on county public records data.

Payment Calculator

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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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-462128
7
/10

  • West Maple Elementary School

  • 6275 Inkster Rd

  • 1.48 miles

  • Public Magnet Grades EE-5

school-card-donut-462129
7
/10

  • Way Elementary School

  • 765 W Long Lake Rd

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-462130
9
/10

  • Lone Pine Elementary School

  • 3100 Lone Pine Rd

  • 2.44 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 $132,813. Residents of Bloomfield Hills, MI typically earn between $100k-200k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5385 Bywood Rd

What is the listing price of this property?

The listing price of 5385 Bywood Rd property is $2,000,000.

What type of property is this?

The property 5385 Bywood Rd is a house located in Bloomfield Hills, Michigan, 48302.

Is this property for sale now?

Active Listing: 5385 Bywood Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,532 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5385 Bywood Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5385 Bywood Rd is 5,577 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5385 Bywood Rd is 1960.

Rocket Homes›Michigan›Oakland County›Bloomfield Hills›48302›5385 Bywood Rd

This home is located at 5385 Bywood Rd in Bloomfield Hills, MI and zip code 48302. This 5,577 square foot home, which was built in 1960, sits on a 1.50 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $2,000,000.

Over 16 listings were sold over their listed price in October 2024 in Bloomfield Hills, MI. In the same period over 29 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Bloomfield Hills, MI between September 2024 and October 2024 increased by 15.7%. The median list price of listings available in October 2024 was $625,625, while the average time on the real estate market was 24 days.

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

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