Sylvan Lake Homes under $500,000

Welcome to Sylvan Lake, Michigan, a hidden gem nestled in the heart of Oakland County. This picturesque city, known for its serene lakeside charm and vibrant community spirit, offers an idyllic setting for those seeking a peaceful yet engaging lifestyle. With its beautiful parks, friendly neighborhoods, and a strong sense of community, Sylvan Lake is the perfect place to call home.

One of the most appealing aspects of Sylvan Lake is its diverse range of housing options, particularly for those looking for homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you'll find a variety of charming residences that fit your budget without compromising on quality. From cozy bungalows to modern townhouses, the real estate market here is brimming with opportunities to find your dream home.

In addition to its affordable housing, Sylvan Lake boasts a wealth of recreational activities. Residents enjoy access to the beautiful Sylvan Lake, perfect for boating, fishing, and swimming during the warm summer months. The surrounding parks offer walking trails, picnic spots, and playgrounds, making it easy to enjoy the great outdoors with family and friends.

Centrally located, Sylvan Lake provides convenient access to nearby cities, shopping, and dining options, ensuring that you have everything you need right at your fingertips. With its charming atmosphere and affordable homes, Sylvan Lake is truly a community where you can thrive. Come explore the possibilities and discover why so many are proud to call this enchanting city home!

Newest Sylvan Lake Homes under $500,000

$469,900

3 Beds ⋅ 2 Baths ⋅ 20261088373 MLS

One-of-a-kind craftsman home completely renovated inside and out! Located in the heart of Sylvan lake surrounded by mature trees and nature. Dramatic 2-story entry with open floor plan & flooded with natural light. Designed for entertaining, yet providing warmth for every day living. Gorgeous Bamboo floors , soaring ceilings , wood beams and solid oak doors throughout. Freshly painted interior with custom trim and lighting. Great room w/french doors leading to flagstone patio and treed backyard. Dining room with transom windows flowing into open kitchen featuring: An abundance of custom Ash wood cabinets, granite counters, farmhouse sink, tile backsplash, SS appliances and center mahogany wood-top island. 1st floor laundry with matching cabinets w/direct access to 2 car attached garage. 1st floor primary suite with 2 closets enhanced by custom doors. Neutral ceramic tile bath w/walk-in shower. Additional 1st floor bedroom and elegant guest bath w/floating vanity & tiled shower/tub. Upper level offers large versitile living space with an additional bedroom. Dormer storage areas. Newer exterior siding, windows, and gutters. Sylvan Lake Beach, boating and clubhouse facilities. Hurry! This unique home won't last.

1709 Inverness St, Sylvan Lake

Courtesy of Max Broock, REALTORS®-Bloomfield Hills 2486444700

$395,000

4 Beds ⋅ 3 Baths ⋅ 20261086979 MLS

Exceptional Mid-Century Split-Level with Lake Privileges. Step into timeless character and incredible potential with this original-owner, meticulously maintained 1960 split-level home, perfectly situated in the desirable lake community of Sylvan Lake. Offering a classic mid-century footprint, this property combines vintage charm with peace of mind thanks to updates already completed, including newer windows, a newer roof, furnace and hot water heater. The main floor features a welcoming floor plan including a formal foyer leading into a spacious living room, dining room, and functional eat-in kitchen. The second floor houses a primary ensuite bedroom/bath combination and two additional comfortably sized bedrooms and full bathroom. The lower level is designed for cozy gatherings and showcases a warm family room with fireplace, the fourth bedroom, a convenient half bath, and a separate laundry room and storage area. Lower level has a walk-up to the 2.5 car attached garage with door leading to huge fenced yard with shed. Discover the beautiful Hardwood floors that are waiting to be uncovered beneath the current carpets throughout much of the home and bring this beauty into 2026. Properties with this kind of pride of ownership and lake privileges rarely come on the market in Sylvan Lake. Schedule your private tour today to make this mid-century classic your own!

1803 Sherwood St, Sylvan Lake

Courtesy of Max Broock, REALTORS®-Birmingham 2486446700

$499,900

3 Beds ⋅ 3 Baths ⋅ 20261059219 MLS

**Offering land contract or 2% seller concessions** Fall in Love with this beautifully renovated (almost 3000 total sq ft.) home that blends modern style with a relaxed comfortable design showcasing the fun and active Sylvan Lake community you will surely enjoy. Upon arrival, pull right up to the covered entry side door with direct access into your kitchen for easy transport. Each level of this home has its own bathroom along with a first floor primary bedroom as a bonus! Featuring a stylish bathroom, dual closets and door wall to your private deck where you can enjoy morning coffee or summer BBQ's. The dreamy kitchen has new flooring, cabinetry, SS. appliances, quartz counters/backsplash and an eat in peninsula for casual dining. Upper living with 2 additional bedrooms features new flooring, spacious closets, fresh paint, all new lighting, and a large full bathroom. Dining room w/built-ins over look a spectacular, oversized (35' x 17') Great Room that is flooded with natural light, vaulted ceiling and a stylish fireplace allowing for the perfect space to entertain! The finished basement offers an additional rec room, flex/game room, half bathroom, laundry room w/new washer and dryer- plus added storage space. Bonus: Large out building for storage, lake toys, lawn equip, etc... You will LOVE this community as it has so much to offer: nature trail, garden club, ice cream socials, summer movies in the park, private lake access, boat ramp, community center, sport courts, and more!! LC Terms may be available.

2155 Avondale St, Sylvan Lake

Courtesy of The Agency Hall & Hunter 2486443500

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IDX provided courtesy of Realcomp II Ltd., via Prime Realty I. Copyright 2026 Realcomp II Ltd. Shareholders. 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Sylvan Lake Homes under $500,000

Newest Sylvan Lake Homes under $500,000

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