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1191 Parkway, 
Waterford, MI 48328

$2,200,000


Bed


Bath


-

Sq Ft


6.65

Acres (Lot)


Land

Active

248-628-1900

Last updated:

May 2, 2025, 10:10 AM

MLS#

20250023840

Source:

MI REALCOMP

Company Logo

About This Land

1191 Parkway

Calling for Highest and Best Offers: Offer must be submitted no later than 10:00 am on Friday, May 2nd. The offer must include the P A, copy of EMD check, Lender approval letter OR "Proof of Funds". There will be no extensions to the deadline... Agent will reach out if there are any clarifications needed, otherwise, all responses will be returned by Sunday - May 4th. HOT! ATTENTION MARINA OWNERS, MULTI- OR SINGLE-FAMILY RESIDENTIAL DEVELOPERS. Don’t miss this exceptionally rare opportunity to own an enormous, coveted property on Cass Lake - - one of Oakland County, Michigan’s premier All-Sports Lakes. This property is unique in that there is a significant amount of lake frontage relative to the total area. Never-before offered, 3-generation-owned estate lakefront property is in a prime location with approx. 500 ft of direct water frontage, 15.45 acres (incl. riparian areas) (approx. 6.65 upland acres), and a stunning, panoramic sunrise view on serene Coles Bay. This rare gem will transport you to times past having a 1,344 sq ft (appraisal) house and a 750 sq ft “clubhouse” circa 1940-50s. Enhancements include a boat ramp; sandy beach; shallow swim area; 250 ft of new (2021) seawall and 4 paved parking spaces. It has been leased for the past 60+ years to a family-owned and operated marina with approx. 60 slips. (Seller has lease termination rights.) Currently zoned CR: Commercial Recreation but under township’s Master Plan, the option is available for single family use. The number of remaining subdivision development parcels similar to this parcel in terms of size and water frontage is exceedingly small within the relevant market area. Alternatively, the scarcity of overall docking space on Cass Lake makes this property particularly attractive for continued marina use. Combine this parcel with 90 ft of direct water frontage on Seller’s SECOND simultaneously-listed adjacent parcel to the south. BATVAI.

Land Facts

Description/Design:

Land

Lot Size (Acres)

6.65

MLS #:

20250023840

Last Updated:

May 2, 2025, 10:10 AM

Added:

a month ago


Finances & Disclosures

Finances

Price:

$2,200,000

MLS Logo
The information being provided by Realcomp II LTD is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Realcomp II LTD All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.