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Sylvan Lake

Sylvan Lake

Neighborhood in Michigan

Oakland County 48320

$429,084 Average Value
$267 Average Price per Sq Ft
5 Homes For Sale

Between Detroit and Flint sits Sylvan Lake, a small community of less than 1,700 neighbors who all live within about a mile of its sparkling namesake lake. In 1818, an expedition led by Reverend John Monteith deemed this lake the most beautiful in the area. Before long, a summer hotel was built and a village sprouted around it. With its custom homes lining the lakeshore and willow branches blowing in the breeze, it’s no wonder that Sylvan Lake calls itself The Prettiest Little City in the State of Michigan.

The lake invites all kinds of recreation, from catching largemouth bass, to swimming and boating. Residents may dock at the members-only Oakland County Boat Club marina, on their own private dock, or get on the waiting list for one of the city’s 166 docking spaces. Park and beach access, including dock and athletic court usage, requires a yearly fee between $10 and $50. Parks are residents-only: Lakeview Park includes a boat launch and a place to picnic; Ferndale Park includes a sandy beach and a playground. And while dogs are not allowed at the beach, they can freely swim in the kayak area and by the boat ramp. Potential home buyers should also note that Sylvan Lake has a two-dog limit per household.

Though the avid kayakers and paddleboarders can make Sylvan Lake seem like a weekend getaway spot, don’t let them fool you: “It is a four-season, year-round community,” says Cyndi Cooper-Bunna, 21-year employee and Manager at Oakland County Boat Club. Residents-only Sylvan Lake Community Center hosts daily social events like a knitting group and game nights. All ages enjoy walking the 16-mile Clinton River Trail, which links Sylvan Lake to other suburbs across Oakland County. When it comes to eating out, locals love breakfast at Ellen’s Bakery & Café and fine evening dining at Sylvan Table. Highway 24 connects Sylvan Lake to Costco for groceries and Menards for home improvement supplies.

In this community, “There isn’t a huge amount of turnover,” says Cooper-Bunna. “People who live here don’t want to leave.” In addition to having 24/7 police protection, this neighborhood takes care of one another: thanks to a Community Development Block Grant, qualifying seniors receive free seasonal yard services. Yards are spacious and include several tall, leafy trees. Remodeled neocolonials, Tudor revivals, midcentury split-levels, contemporary builds and ranch-style homes start at $164,000 and go to $1.5 million for a lakefront property with a private dock. However, most Sylvan Lake homes have an estimated home value of $375,000 and an average of three bedrooms.

Most Sylvan Lake students attend Pontiac School District, which recently accepted a $147 million bond for district-wide improvements. The district includes Whitman Elementary, Pontiac Middle, and Pontiac High, which all score a C-minus on Niche. Students living on the west side of Sylvan Lake attend Roosevelt Elementary, West Bloomfield Middle, and West Bloomfield High, all of which earn an A on Niche.

From the lake’s azure waters to its well-maintained outdoor recreation areas, Sylvan Lake invites its year-round residents to admire nature’s beauty.

Laura Copan
Written By
Laura Copan
JC Knopf
Photography Contributed By
JC Knopf
Tyler Cataldo
Video By
Tyler Cataldo

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Robert Coburn, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Bishop International

64 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Sylvan Lake US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$352,450
Median Single Family Price
$355,000
Average Price Per Sq Ft
$267
Number of Homes for Sale
5
Last 12 months Home Sales
22
Months of Supply
2.70
Median List Price
$370,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
27%

Home Facts

Number of Homes in Neighborhood
795
Median Year Built
1953
Avg. Single Family Home Size Sq Ft
1,703
Below the national average
1,936
Median Lot Size Sq Ft
8,712

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Robert Coburn, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,556
Median Age
54
Population Density
3 ppl/acre
Population under 18
14%
Below the national average
23.8%
Population over 65
28.1%
Above the national average
19.1%

Finances

Median Household Income
$104,006
Significantly above the national average
$71,702
Average Household Income
$143,781

Education and Workforce

High School Graduates
99.9%
College Graduates
56.5%
Above the national average
34.1%
Advanced Degrees
26.2%
Above the national average
13.3%
% Population in Labor Force
67.3%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
18°F
Average Summer High Temperature
82°F
Annual Snowfall
31''

Area Factors

Bikeable

Bike Score®

50 / 100

Somewhat Walkable

Walk Score®

60 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Sylvan Lake