Walled Lake Homes under $500,000

Walled Lake Homes under $500,000

Welcome to Walled Lake, Michigan – a charming city nestled in the heart of Oakland County. Known for its serene landscapes and vibrant community, Walled Lake offers a delightful blend of suburban tranquility and urban convenience. With its picturesque lake at the center, residents enjoy a plethora of outdoor activities, from boating and fishing to hiking along scenic trails. The city's rich history is reflected in its quaint downtown area, where you can find unique shops, cozy cafes, and local eateries that foster a warm, welcoming atmosphere.

One of the most appealing aspects of Walled Lake is its diverse real estate market, particularly for homebuyers seeking properties under $500,000. Whether you're a first-time buyer, a growing family, or looking to downsize, Walled Lake has something for everyone. From charming bungalows to modern townhomes, the homes in this price range offer not only affordability but also a sense of community and comfort.

Families will appreciate the top-rated schools and recreational facilities, while nature enthusiasts can revel in the nearby parks and lakes that provide year-round outdoor enjoyment. The city also boasts excellent access to major highways, making commuting to nearby cities like Novi and Farmington Hills a breeze.

In Walled Lake, you’ll find more than just a home; you’ll discover a lifestyle enriched by community spirit, natural beauty, and endless opportunities for leisure and adventure. Come explore the possibilities that await you in this delightful Michigan gem!

Newest Walled Lake Homes under $500,000

622 Pointe Drive, Walled Lake
$375,000
COMING SOON Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 61036574 MLS
Vacation-style living! This light-filled, open-concept ranch condo blends comfort, style, and resort-inspired amenities for effortless everyday living and entertaining. At the heart of the home is a spacious chef's kitchen featuring an oversized island, premium stainless steel appliances, a large pantry, and upscale finishes. It flows seamlessly into expansive living and dining areas bathed in natural light. Retreat to the oversized primary suite, complete with a private en-suite bath and a walk-in closet, while two additional bedrooms offer great flexibility for guests or a home office. Step out onto your private balcony to enjoy peaceful, wooded views overlooking a protected nature preserve--the ideal backdrop for morning coffee or evening relaxation after a day on the water. Residents enjoy an exceptional lifestyle featuring exclusive access to a private dock, scenic boardwalks, cedar gazebos, fountains, and a sand volleyball court. The updated clubhouse delivers a true resort atmosphere with a full kitchen, gathering rooms, a pool patio, and a hot tub deck. Ideally situated just minutes from downtown Walled Lake, premier shopping at Twelve Oaks Mall, and local dining, this is lake living at its finest.

622 Pointe Drive, Walled Lake

Listing Courtesy of KW Domain, Office Phone: 248-590-0800
415 Leon Road, Walled Lake
$385,000
COMING SOON Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 61036619 MLS
Enjoy the Walled Lake lifestyle without the cost of direct waterfront ownership! This spacious 4-bedroom, 2-bath home offers over 2,500 square feet of living space along with lake and beach access, boat and dock facilities, and plenty of room to spread out. Inside, the home features an updated kitchen with stainless steel appliances, a large center island, farmhouse sink, plenty of cabinetry and a dedicated coffee bar for your morning routine. The kitchen opens to a spacious dining area with vaulted ceilings, creating a great space for everyday living and entertaining. The flexible main level also offers multiple living spaces, a first-floor bedroom, full bath, mudroom and additional flex space. Upstairs, the oversized primary bedroom is a standout with vaulted ceilings, plenty of natural light and French doors leading to a private balcony. Two additional bedrooms, a full bath and family room complete the second floor. Outside, enjoy a new front deck along with a fully fenced backyard designed for entertaining, featuring multiple patio areas, a covered seating area and upper deck. A 2-car attached garage adds everyday convenience, while Walled Lake is just steps away for boating, relaxing and enjoying summer on the water. Located approximately .6 mile from local shops and restaurants, this home offers a great combination of space, updates and lake lifestyle in the heart of Walled Lake.

415 Leon Road, Walled Lake

Listing Courtesy of Oak and Stone Real Estate, Office Phone: 248-266-0584
524 Winwood Circle, Walled Lake
$250,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 61036202 MLS
Vaulted ceilings, an updated kitchen, a flexible loft, and peaceful green-space views make this Winwood Place condo stand out from the start. This 2-bedroom, 1.1-bath home features bamboo flooring, a dramatic great room with a gas fireplace, and a versatile loft overlooking the main living space--ideal for a home office, reading area, or additional lounge space. The updated kitchen offers white cabinetry, extensive storage, stainless steel appliances, a smooth-top cooktop, built-in oven and microwave, and countertops replaced in 2023. The adjoining dining area opens to a private patio overlooking beautifully maintained common green space, creating a peaceful setting for relaxing or entertaining. Upstairs, the spacious primary bedroom includes a large walk-in closet with an extensive organization system and convenient access to the full bath. A second bedroom and loft provide additional flexibility. First-floor laundry, an attached 1-car garage, and a full unfinished basement offer everyday convenience, storage, and potential for future finishing. Recent improvements include a furnace and water heater replaced in 2024 and stair carpeting replaced in 2022. The association replaced the roof approximately 2-3 years ago. Conveniently located near downtown Walled Lake, Mercer Beach, shopping, dining, parks, and area amenities. Ready for immediate occupancy. Some listing photos have been virtually staged to help buyers visualize the space's potential.

524 Winwood Circle, Walled Lake

Listing Courtesy of Keller Williams Advantage Northville, Office Phone: 248-380-5141
18101 Adri Circle, Walled Lake
$319,900
ACTIVE Status ⋅ 2 Beds ⋅ 11 Baths ⋅ 70562264 MLS
Experience elevated condo living in this beautifully appointed end-unit in the heart of downtown Walled Lake. Designed with a spa-like ambiance, this exceptional home showcases rich hardwood floors, soaring cathedral ceilings, and a striking see-through fireplace that enhances the open-concept living space. The gourmet-inspired kitchen features recessed lighting and a snack bar, while the luxurious primary suite offers a walk-in closet and private bath. The fully finished lower level with a second fireplace creates the perfect retreat for entertaining or relaxing. Enjoy wooded privacy, a resort-style community pool, and an unbeatable location near dining, hospitals, shopping, expressways, and entertainment.

18101 Adri Circle, Walled Lake

Listing Courtesy of LPT Realty, LLC, Office Phone: 877-366-2213
229 Lake Village Drive, Walled Lake
$167,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 61035244 MLS
Welcome to 229 Lake Village Dr, located in a highly desirable Walled Lake community. This well-kept condo offers a comfortable layout with a bright living space, updated flooring, and plenty of natural light throughout. The kitchen has plenty of cabinet and counter space, while the unfinished basement gives you extra room for storage or the opportunity to make it your own. An attached garage and in-unit laundry make everyday living even easier. Conveniently located near shopping, restaurants, parks, and major roadways, this is a great opportunity for anyone looking for a low-maintenance home in a great location.

229 Lake Village Drive, Walled Lake

Listing Courtesy of KW Professionals, Office Phone: 734-459-4700
273 Inlet Court, Walled Lake
$159,900
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 61035294 MLS
One of the best condo values in Walled Lake! This well-maintained, upper-level end-unit ranch in Lake Village offers 2 bedrooms, 1 full bath and an attached 1-car garage. A ground-level entry leads upstairs to comfortable single-level living with the added privacy of an end unit. Extensive updates include a new furnace, air conditioner, water heater and blinds in 2026. Additional improvements since 2020 include windows, carpet, bathroom flooring and vanity, stove, washer and garage door. Enjoy low-maintenance living in a convenient location near shopping, dining, recreation and expressways, with easy access to Novi, Wixom and Commerce Township. Located in the Walled Lake Consolidated School District, this condo combines everyday convenience with numerous updates already completed.

273 Inlet Court, Walled Lake

Listing Courtesy of Max Broock, REALTORS(r)-Birmingham, Office Phone: 248-644-6700
14203 Adri Circle, Walled Lake
$297,900
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 61035136 MLS
Enjoy the best of low-maintenance condo living in desirable Trillium Park! This beautifully maintained 2-bedroom, 2-bath upper-level ranch offers an inviting open floor plan, soaring vaulted ceilings, abundant natural light, a cozy gas fireplace, spacious primary suite and a finished basement with flexible additional living space. The main level is designed for easy everyday living and entertaining, with the bright kitchen opening to the dining area and impressive living room. The spacious primary suite features a private full bath and walk-in closet, while the second bedroom, additional full bath and convenient main-floor laundry, updated AC condenser, and new hot water tank provide excellent functionality. The finished basement adds valuable bonus space for a family room, home office, exercise area, hobby space or for guests, while the attached 2-car garage provides convenient parking and additional storage. And then there is the lifestyle! Spend summer days enjoying the beautiful community pool and hot tub, relax at the clubhouse, and let someone else handle the outdoor chores. The monthly HOA fee also includes water, trash removal, lawn/grounds maintenance and snow removal, providing a truly low-maintenance lifestyle throughout the year. The upper-level ranch design offers the spacious feel and vaulted ceilings buyers love, with access from the front entrance or directly from the attached garage. A private balcony provides another place to enjoy the outdoors. Location is another standout feature - close to shopping, dining, everyday conveniences and major highways for an easy commute. Seller is also willing to include the furniture & TV's with an acceptable offer, making this an especially appealing opportunity for a buyer looking for a move-in-ready home. If you're looking for a spacious ranch-style condo with a 2-car garage, finished basement, resort-style amenities and a low-maintenance lifestyle in a convenient location, this one deserves a look!

14203 Adri Circle, Walled Lake

Listing Courtesy of Fontaine Real Estate Group, Office Phone: 248-654-8700
118 Dekalb Street, Walled Lake
$214,900
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 70561662 MLS
Clean and updated ranch just steps away from Walled Lake. This 3-bedroom ranch is fully renovated. New roof, updated kitchen with new appliances, updated bath, all new vinyl flooring and carpet throughout. Home has been freshly painted. You will enjoy Walled Lake with all the sports activity the lake has to offer. Shopping and dining. Easy access to all main roads and freeways. Buyer agent to verify all information measurements.

118 Dekalb Street, Walled Lake

Listing Courtesy of Remerica Hometown One, Office Phone: 734-420-3400
249 Wind Way Drive Unit 249, Walled Lake
$289,000
ACTIVE Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 61034687 MLS
Location, location, location! Welcome to 249 Wind Way Drive, a beautifully maintained end-unit townhome, offering the perfect blend of comfort, style, and location! Inside, you'll immediately appreciate the bright, inviting layout with 1,610 square feet of living space, featuring a spacious living room, dining area, and an updated kitchen complete with granite countertops, stainless-steel appliances and a large walk-in pantry. From the main level, step outside onto the deck, which offers no maintenance Trex deck, large space for entertaining as well as a view of the lake-making it a wonderful spot for morning coffee, summer dinners, or simply relaxing outdoors. Upstairs, you'll find two generously sized bedroom suites, each with its own full bath and walk-in closets. The primary bedroom suite adds an extra special touch with its own private balcony with a view of the lake, creating a peaceful place to unwind at the end of the day. Need even more space? The partial finished basement offers flexible additional living space that would be perfect for a family room, home office, workout area, or cozy retreat, along with laundry and additional storage. An attached garage with new epoxy flooring adds convenience, while the desirable end-unit setting provides an extra sense of privacy. And for those who love the water, this home also offers deeded access to nearby Philiske Beach, with optional annual membership providing lake access to Walled Lake and potential eligibility for a boat slip. Conveniently located near shopping, dining, parks, recreation, biking and walking trails, and all that Walled Lake has to offer, this move-in ready townhouse combines low-maintenance living with wonderful indoor and outdoor spaces. Come see why 249 Wind Way Drive just might be the place you'll love calling home!

249 Wind Way Drive Unit 249, Walled Lake

Listing Courtesy of KW Showcase Realty, Office Phone: 248-360-2900
616 Pointe Drive, Walled Lake
$315,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 61034582 MLS
Experience the best of lake living at East Bay Village! This desirable first-floor, ranch-style condo offers 2 bedrooms, 2 full baths, and a comfortable layout designed for effortless everyday living. Sunlight pours through the large windows, creating a bright and welcoming interior. The kitchen and baths feature granite surfaces, while luxury vinyl plank flooring adds a polished, updated feel. The spacious primary suite includes a walk-in closet and private bath, and the outdoor patio provides the perfect spot for morning coffee or relaxing at the end of the day. Living at East Bay Village is about more than just the condo--it's the lifestyle. Enjoy private resident access to all-sports Walled Lake through the gated dock, plus an outdoor pool and hot tub, clubhouse, sand volleyball court, gazebos, fountains, and picturesque walking paths throughout the community. Whether you're spending the day on the water, lounging poolside, or enjoying the lake year-round, there's always something to do close to home. And the location is hard to beat. Downtown Walled Lake is just a short walk away, putting waterfront dining, beaches, shops, and local favorites within easy reach. With convenient access to M-5 and nearby Novi and Commerce, this condo delivers the ideal blend of low-maintenance living, resort-style amenities, and an all-sports lake lifestyle. Move right in and start enjoying it from day one!

616 Pointe Drive, Walled Lake

Listing Courtesy of Max Broock Realtors, Office Phone: 248-851-4100
387 Neptune Drive, Walled Lake
$205,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 61034422 MLS
Location, updates, and move-in-ready living come together in this beautifully updated Walled Lake townhome! This 2-bedroom, 1.1-bath condo offers comfortable, low-maintenance living in a location that keeps you close to everything. The kitchen has been refreshed with granite countertops and brand-new 2026 appliances, including the refrigerator, range/oven, and dishwasher. Both bathrooms were beautifully updated in 2026, giving the home a fresh, modern feel. Additional improvements include a furnace and central air replaced within the last 10 years, along with a garage door opener and motor system replaced in 2017. One of the best features of this home is its location. Enjoy being just minutes from Walled Lake Beach, Twelve Oaks Mall, M-5, Costco, Target, Meijer, restaurants, fitness centers, shopping, and everyday conveniences. Whether you want to spend the day by the lake, bike around the area, grab dinner, or commute with ease, it's all close by. With extensive recent updates, low-maintenance living, and a location that's hard to beat, this Walled Lake condo is ready for its next owner. Move right in and start enjoying everything the area has to offer. Schedule your private showing today!

387 Neptune Drive, Walled Lake

Listing Courtesy of Max Broock Realtors, Office Phone: 248-851-4100
1499 Mariner Drive, Walled Lake
$170,000
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 61034407 MLS
Welcome home to this beautifully maintained 2-bedroom, 1-bath carriage house-style condo in the highly sought-after Lake Village Condominiums of Walled Lake. This move-in-ready upper-level unit offers an open and inviting floor plan filled with natural light and designed for comfortable everyday living and entertaining. The updated kitchen features modern finishes, ample cabinetry, and stylish touches, while the spacious living and dining areas provide the perfect place to relax or gather with friends and family. Both bedrooms are generously sized with excellent closet space with the primary bedroom offering direct access to the updated full bathroom. The home's meticulous condition allows you to move right in and start enjoying a low-maintenance lifestyle. An attached garage provides convenient parking and additional storage--perfect for storing bikes, kayaks, paddleboards, and all your lake-life essentials. The unbeatable location is just a short walk from Walled Lake, where you can take advantage of fishing, kayaking, paddleboarding, two public beaches, waterfront dining, coffee shops, parks, and year-round recreation. Located within the award-winning Walled Lake School District and just minutes from Novi shopping, dining, entertainment, and major expressways, this condo offers the perfect combination of convenience, recreation, and carefree living. Simply unpack and start enjoying everything this exceptional community has to offer.

1499 Mariner Drive, Walled Lake

Listing Courtesy of KW Showcase Realty, Office Phone: 248-360-2900
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