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From serene lakefront retreats to charming family neighborhoods — Waterford Township, MI offers exceptional living across zip codes 48327, 48328, and 48329.
▶ Watch on YouTube · "Is Waterford the Best Kept Secret in Michigan?"
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 ExpertThe 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.
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.
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.
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.
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.
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.
32+ lakes including Cass, Elizabeth, Sylvan & Pontiac. Dock rights, beach access, and stunning views at unbeatable Michigan lake prices.
Mid-century ranches with attached garages, mature trees, and generous lots. Great for families, retirees, and first-time buyers.
Low-maintenance living, some with lake access. Popular with downsizers and investors along the M-59 corridor.
Modern open-floor plans, energy-efficient systems, and custom builds near the Clarkston border in zip 48329.
Spacious 3–5 bed colonials with finished basements and large yards. Excellent value for growing families.
Strong rental demand near OCC. Duplexes and cash-flowing rentals at competitive prices with healthy occupancy rates.
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.
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.
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.
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.
5280 Farm Rd, Waterford, MI 48327 · (248) 674-0805. Serving western Waterford families with a caring staff and strong community involvement programs.
5449 Crescent Rd, Waterford, MI 48327 · (248) 682-7300. A neighborhood anchor in the southwestern Waterford community with dedicated educators and family engagement programs.
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.
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.
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.
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.
Beyond groceries, the Highland Road / M-59 strip offers a comprehensive retail experience:
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 →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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Explore the locations of schools, restaurants, shopping, parks, and major highways across Waterford's 48327, 48328, and 48329 zip codes.
How the Waterford housing market has performed over the past 12 months. Data sourced from MLS records and Redfin (updated Dec 2025).
Waterford home values have climbed steadily, with prices up nearly 2% year-over-year and price-per-square-foot jumping 4.8% — outpacing Michigan's statewide average.
At 26 days on market, Waterford moves fast — but there's still time to be strategic. Well-priced homes in desirable lake zones often see multiple offers within the first week.
Inventory remains tight across all three zip codes. Buyers should come pre-approved and ready to move — especially for lakefront and move-in-ready properties.
* Data based on MLS sales records and Redfin market reports for Waterford Township, MI. Chart values are representative of monthly median trends. Always consult a licensed agent for the most current data.
Everything you need to know about buying a home in Waterford Township, MI.
I'm a Waterford-area REALTOR® with Keller Williams Premier, and I'm passionate about helping buyers and sellers navigate one of Metro Detroit's most exciting real estate markets. Whether you're searching for your first lakefront home or a spacious ranch, I bring local expertise, honest guidance, and a relentless work ethic to every transaction.
Waterford isn't just a market I work — it's a community I believe in. I'd love to help you find your place in it.
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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