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Oakland County, Michigan

Your Dream Home
Awaits in Waterford

From serene lakefront retreats to charming family neighborhoods — Waterford Township, MI offers exceptional living across zip codes 48327, 48328, and 48329.

📍 ZIP 48327 📍 ZIP 48328 📍 ZIP 48329 🏊 32+ Lakes 🏫 Top-Rated Schools 🚗 Easy I-75 Access
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32+
Lakes & Waterways
72K
Residents
$165K–$1.6M
Home Price Range
3
Zip Codes Served
25 min
To Downtown Detroit
About the Community

The Geographic Heart of Oakland County

Waterford Township sits squarely at the center of Oakland County, Michigan — one of the wealthiest and most desirable counties in the entire Midwest. With a population of approximately 72,000 residents spread across 36 square miles, Waterford offers an enviable blend of suburban comfort, natural beauty, and unmatched accessibility.

What makes Waterford truly exceptional is its remarkable water geography. The township is home to more than 32 lakes and streams, making it one of Michigan's premier inland water recreation destinations. Cass Lake, Elizabeth Lake, Sylvan Lake, and Pontiac Lake are just a handful of the stunning water bodies that dot the landscape — each one a potential backyard for lucky homeowners.

"Imagine getting a lake house for under $200K — that's the cool thing about Waterford. It makes waterfront living accessible to real families."

— Local Waterford Real Estate Expert

The township's location at the nexus of M-59, US-24, and I-75 means residents enjoy the tranquility of lake-country living without sacrificing the conveniences of metropolitan life. Auburn Hills, Pontiac, Clarkston, and Troy are all within easy driving distance, expanding your employment and entertainment options substantially.

Quick Facts — Waterford, MI

CountyOakland County
Population~72,000
Area36 sq miles
Zip Codes48327 · 48328 · 48329
Lakes32+ within township
Median Home Price$280,000–$350,000
Avg Commute25–30 minutes
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Neighborhoods by Zip Code

Know Your Waterford Zip Code

Each of Waterford's three zip codes has its own distinct character, price range, and lifestyle offerings. Understanding which area fits your needs is the first step in finding your perfect home.

Zip Code
48327 — Western Waterford

The western side of Waterford Township encompasses the Highland Road corridor near the White Lake border. This zip code is known for spacious lots, outdoor recreation access, and proximity to Hess-Hathaway Park and Pontiac Lake Recreation Area. Home prices here range broadly, making it attractive to first-time buyers and move-up buyers alike. Residents enjoy easy access to M-59 shopping, El Patio, and the area's many independent restaurants.

Family Friendly Parks Access Starter Homes Highland Rd
Zip Code
48328 — Central Waterford

The township's central hub, zip code 48328 includes the area around Scott Lake Road, Mott High School, and the Waterford Oaks County Park. This zone hosts some of Waterford's most desirable lakefront properties on Cass Lake and Elizabeth Lake. It's also home to major amenities like Meijer, established restaurants such as Lion's Den, and convenient access to US-24 and I-75. Expect moderate-to-high price points driven by waterfront demand.

Lakefront Homes Mott High School Cass Lake Access Top Amenities
Zip Code
48329 — Northern Waterford

Northern Waterford (48329) stretches toward the Clarkston boundary and includes some of the township's most scenic and wooded residential streets. This area is popular with buyers seeking larger lots, newer construction, and a quieter suburban atmosphere while still being close to Walton Boulevard amenities. Cooley Elementary, Square One restaurant, and Williams Lake Road recreational facilities anchor this community. Prices tend to be competitive, with strong property value retention.

Wooded Lots Newer Builds Quiet Streets Near Clarkston
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Real Estate Market

Types of Homes Available in Waterford, MI

Waterford's diverse housing stock means there's a property type for every lifestyle and budget. From affordable starter homes to million-dollar lakefront estates, the market offers remarkable variety.

🌊
$165,000 – $1,650,000+

Lakefront & Waterfront Homes

Waterford's crown jewel. With 32+ lakes including Cass Lake, Elizabeth Lake, Sylvan Lake, and Pontiac Lake, waterfront properties range from cozy 2BR fixer-uppers to sprawling multi-acre estates. Dock rights, beach access, and stunning year-round views are common features. An unbeatable value compared to other Michigan lake markets.

🏡
$200,000 – $380,000

Ranch & Single-Family Homes

The backbone of Waterford's housing market. Mid-century ranch-style homes dominate many neighborhoods, offering single-level living with attached garages, mature trees, and generous lot sizes. Ideal for families, retirees, and first-time buyers seeking manageable maintenance and solid resale value across all three zip codes.

🏢
$130,000 – $280,000

Condos & Townhomes

Waterford Township offers a growing selection of condominium communities, including some with coveted lake access. These low-maintenance properties attract downsizers, remote workers, and investors. Many condo developments sit close to the M-59 corridor, placing residents within steps of dining, shopping, and entertainment.

🔨
$380,000 – $650,000

New Construction

Select pockets of Waterford, particularly in the 48329 zip code near the Clarkston border, feature newer subdivision developments and custom builds. These properties deliver modern open-floor-plan designs, energy-efficient systems, and contemporary finishes sought by today's buyers — all within established Waterford school districts.

🏘️
$240,000 – $420,000

Colonial & Two-Story Homes

Many Waterford neighborhoods feature classic two-story colonial homes built during the township's development boom of the 1970s–90s. These spacious 3–5 bedroom homes offer formal dining rooms, family rooms, finished basements, and sprawling backyards. Excellent value for growing families prioritizing square footage and curb appeal.

📈
$150,000 – $350,000

Investment & Multi-Family

Waterford's proximity to Oakland Community College, strong rental demand, and diverse housing stock make it an attractive investor market. Duplexes, multi-family properties, and cash-flowing single-family rentals can be found at competitive price points. The township's steady population and employment base support healthy rental occupancy rates year-round.

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Education

Schools in Waterford, Michigan

Waterford School District serves the township with multiple elementary, middle, and high school options — and the district's School of Choice program gives families even greater flexibility in selecting the right educational environment.

🎓
High School · Zip 48328

Mott High School

1151 Scott Lake Rd, Waterford, MI 48328 · (248) 674-4134. One of Waterford's main high schools, offering comprehensive academics, varsity athletics, and performing arts programs.

B RatingNiche.com
🎓
Alternative High School · Zip 48328

Durant High School

501 N Cass Lake Rd, Waterford, MI 48328 · (248) 682-7800. Part of the Waterford School District, offering alternative education pathways for students seeking a flexible learning environment.

School of Choice
🏫
Elementary School · Zip 48329

Cooley Elementary School

2000 Highfield Rd, Waterford, MI 48329 · (248) 673-0300. A well-regarded elementary serving the northern Waterford community with strong foundations in reading, math, and STEM.

PK–5
🏫
Elementary School · Zip 48327

Riverside Elementary School

5280 Farm Rd, Waterford, MI 48327 · (248) 674-0805. Serving western Waterford families with a caring staff and strong community involvement programs.

PK–5
🏫
Elementary School · Zip 48327

Knudsen Elementary School

5449 Crescent Rd, Waterford, MI 48327 · (248) 682-7300. A neighborhood anchor in the southwestern Waterford community with dedicated educators and family engagement programs.

PK–5
🏛️
Higher Education · Nearby

Oakland Community College

Serving Oakland County, OCC provides affordable higher education and job training options — an added resource for Waterford Township households seeking continuing education close to home.

Community College

📚 School of Choice Program

One of Waterford Township's distinct advantages is its participation in Michigan's School of Choice program, which allows families to apply to attend schools in neighboring districts. This flexibility means Waterford residents can access highly-rated schools in adjacent communities like Clarkston, White Lake, and Lake Orion — dramatically expanding educational options without necessarily leaving the Waterford area.

Ready to Make a Move?

Find Your Perfect Waterford Home Today

Our local experts know every street, every lake, and every neighborhood in Waterford's 48327, 48328, and 48329 zip codes. Let us match you with properties that fit your lifestyle and budget.

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Dining Scene

Restaurants in Waterford, MI

Waterford's dining scene is a delicious mix of long-standing local institutions, lakeside dining, and fresh new concepts. The M-59 corridor alone hosts dozens of options spanning every cuisine and price point.

American · Bar & Grill
Lion's Den
★★★★☆
4444 Highland Rd, 48328 · A Waterford institution with 120+ menu items including the award-winning Alibi Pizza. Their homemade soups are legendary.
Lakeside Dining
4th Tavern Lakehouse
★★★★☆
4710 Cooley Lake Rd, 48327 · Stunning waterfront setting with exceptional seafood and American classics. Perfect for celebrations and date nights.
Brunch · American
Flights of Fancy
★★★★★
7265 Highland Rd, 48327 · Aviation-themed restaurant with a brilliant "flight" concept. Gourmet brunch and dinner in a memorable atmosphere.
Brunch · Bar
Square One Eats & Treats
★★★★★
4750 W Walton Blvd, 48329 · A local favorite for from-scratch cooking, creative cocktail flights, and warm neighborhood vibes. Weekend brunch is a must.
Mexican
Mexico Lindo
★★★★☆
Waterford's longest-running authentic Mexican restaurant, serving the community since 1970 with signature margaritas and traditional dishes.
Mexican
El Patio Mexican Restaurant
★★★★☆
7622 Highland Rd, 48327 · Upbeat and festive with an extensive menu of traditional Mexican favorites. Excellent vegetarian options and lively atmosphere.
Thai
So Thai Restaurant
★★★★★
2553 Elizabeth Lake Rd, 48328 · Voted one of the best Thai restaurants in the entire Metro Detroit area. Drunken noodles and flipped fried rice are customer favorites.
American · Family
The Shark Club
★★★★☆
3470 Shaw Dr, 48329 · Family-run American restaurant with something for everyone — from burgers and pasta to salads and pizza. Great for groups.
Crispy Chicken
11/11 Crispy Chicken & Burgers
★★★★★
7660 Highland Rd, 48327 · A beloved local spot praised for exceptional service, fresh crispy chicken, and community spirit. Breakfast served until 3 PM.
🏡 Live Near These Great Restaurants — Find Homes →
Retail & Everyday Shopping

Shopping in Waterford Township

Waterford's M-59 (Highland Road) corridor is the township's commercial spine — a 4-lane arterial packed with every major retailer, grocery chain, specialty shop, and service you could need. Residents rarely have to leave the township for daily essentials.

Grocery & Everyday Essentials

Meijer Supercenter★★★★☆
4200 Highland Rd, 48328 · Full-service grocery, pharmacy, electronics, clothing and more. Open 6 AM–midnight daily.
Kroger★★★☆☆
5111 Highland Rd, 48327 · Full-service grocery store with pharmacy and fuel station. Open 6 AM–10 PM daily.
ALDI★★★★★
5038 Highland Rd, 48327 · Highly-rated discount grocery. Clean, well-stocked, and consistently praised for friendly staff and affordable prices.
VC Fresh Marketplace★★★★☆
7300 Highland Rd, 48327 · Independent specialty grocery market with excellent produce, seafood, and an outstanding alcohol selection.
Retail Corridor

The M-59 Shopping Corridor

Beyond groceries, the Highland Road / M-59 strip offers a comprehensive retail experience:

🛒
Big Box Retail
Target, Home Depot, ABC Warehouse, Best Buy nearby
💊
Healthcare & Pharmacy
CVS, Walgreens, urgent care & specialist clinics
🎬
Entertainment
Movie theaters, bowling alleys, escape rooms on M-59
🛍️
Specialty Shops
Local boutiques, jewelry, pets, bakeries & more

For expanded mall shopping, Great Lakes Crossing Outlets in Auburn Hills is just a short drive east — Michigan's premier outlet destination with 180+ stores.

🏡 Find Homes Near Great Shopping →
Getting Around

Transportation & Highway Access

Waterford Township's position at the convergence of major Oakland County corridors makes it one of the most accessible communities in the Detroit metro area. Commuters, travelers, and daily drivers all benefit from this strategic location.

M-59

Highland Road

The primary east-west arterial through Waterford Township, running the entire length of the community. Connects Howell to the west and I-94 near Anchor Bay to the east. Passes through the heart of Waterford's commercial district with 4 lanes and 45–55 MPH speeds. Virtually every amenity in Waterford is accessible from M-59.

I-75

Main Interstate Access

I-75 is Waterford's direct link to the greater Detroit metro area. Residents can reach downtown Detroit in approximately 35–40 minutes, with the Auburn Hills and Pontiac automotive corridors accessible in just 10–15 minutes. I-75 also provides direct northbound access to Flint, Bay City, and northern Michigan.

US-24

Telegraph Road

Running north-south through the eastern edge of Waterford, US-24 (Telegraph Road) provides crucial connectivity to Pontiac to the north and suburban communities like Sylvan Lake, Keego Harbor, and ultimately Southfield to the south. This corridor links Waterford to employment centers, medical facilities, and suburban retail.

⏱ Commute Times from Waterford Center

10 min
Auburn Hills / Pontiac
20 min
Troy / Clarkston
35 min
Downtown Detroit
45 min
DTW Airport
Recreation & Entertainment

Fun Things to Do in Waterford, MI

Despite its suburban character, Waterford offers a genuinely rich array of recreational, cultural, and entertainment options. With 32 lakes for water sports in summer and thriving parks for year-round fun, there's always something to do in this Oakland County gem.

🌊

Waterford Oaks Wave Pool

A beloved Oakland County Parks feature with a tropical wave pool, children's water playground with 30+ interactive activities, and a three-story group raft ride. A family summer tradition. Located at 2800 Watkins Lake Rd, 48328.

🚵

Pontiac Lake Recreation Area

A 3,745-acre natural treasure just west of Waterford. Hiking, fishing, horseback riding, swimming, camping, and Michigan's top-ranked mountain bike trail system. Open year-round for snowmobiling and cross-country skiing in winter.

🎳

Century Bowl

A premier bowling destination with 50+ lanes, a full arcade, axe throwing, and a complete food and bar menu. Century Bowl also hosts seasonal leagues and private events — a perfect weeknight escape for the whole family.

🐄

Hess-Hathaway Park

A charming 4.7-star rated community park featuring a gated playground, farm animals, community garden, pavilion rentals, and a popular kindness rock garden. Perfect for young families and community gatherings.

⛷️

Dodge #4 State Park (Cass Lake)

A sandy beach and one-mile shoreline on Cass Lake make this state park exceptional for summer swimming and winter ice activities. One of Oakland County's most visited outdoor destinations, just minutes from Waterford neighborhoods.

🏛️

Waterford Historic Village

Explore Waterford's rich heritage through this charming historical attraction, praised as a "hidden gem" by longtime residents. Learn fascinating local facts while supporting the historical society. A must-visit for new residents.

🚁

White Pine Helicopters

Take a breathtaking helicopter tour of Oakland County and the Waterford lake district from above. A thrilling way to see the 32+ lakes and wooded landscapes that make Waterford one of Michigan's most scenic townships.

🛶

Water Sports on 32+ Lakes

Fishing, kayaking, canoeing, water skiing, tubing, sailing, and paddleboarding across Cass Lake, Elizabeth Lake, Sylvan Lake, and dozens more. Summer on Waterford's lakes is an experience unlike anywhere else in Metro Detroit.

🎭

Local Theater & Nightlife

Waterford features local theater, comedy clubs, karaoke bars, and brewery taprooms. The M-59 corridor offers escape rooms, movie theaters, and live entertainment venues for residents seeking an active social calendar.

Interactive Neighborhood Map

Where Everything Is in Waterford, MI

Explore the locations of schools, restaurants, shopping, parks, and major highways across Waterford's 48327, 48328, and 48329 zip codes.

Schools
Restaurants
Shopping
Parks & Recreation
Highways
Start Your Search

Find Homes for Sale in Waterford, MI

Whether you're a first-time buyer, seasoned investor, or relocating family, our Waterford real estate experts are ready to help you navigate the 48327, 48328, and 48329 markets with confidence.

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48327, 48328, 48329 current price data
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