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Price: $575,000 5340 Inverrary Ln, Commerce Twp MI 48382 MLS® #: 219024994

  • 5 Beds
  • 2.5 Bath
  • 2,594 SqFt
  • $221.67 / SqFt
  • Year Built: 1979

Description of 5340 Inverrary Ln, Commerce Twp

Lake Sherwood with 135 feet of shoreline w/Beach! Live the Resort Life! Enjoy Boating and Water sports on beautiful and friendly Lake Sherwood! 2 golf courses close by and the darling town of Milford with restaurants, boutiques, and shops within minutes. Over 3500 sf w/Finished Walkout Bsmt. This spacious 2-story home has an updated kitchen w/newer granite counters & modern tile back splash. Updated main bath with new flooring, tub surround and fixtures. Master bedroom has vaulted ceilings and a balcony overlooking the water. High vaulted ceilings in large living room. Sunken family room with gas fireplace and U shaped granite wet bar. Professionally finished walkout basement with a bedroom and large recreation area that leads beautifully landscaped brick paver patio. Recent improvements include; Roof-2017, 98% Eff furnace, A/C, Garage door & opener & carpet-2011, Windows & 8" Insulation-2015 & Water heater-2013. "L" shaped dock included.

About this Property

This 5 bedroom home is located in the Wildwood River No 1 neighborhood at 5340 Inverrary Ln, Commerce Twp Mi 48382. This $575,000 property has approximately 3,594 square feet and was built in 1979. This home is located in the Huron Valley school district. Properties located in the Huron Valley district have an average price per square foot of $165/SqFt. Houses with similar square footage range in price from $344,000 to $950,000 and have an average price per square foot of $156/SqFt. The average priced home in 48382 with 5 bedrooms is $836,370. Depending on where you live in Commerce Twp your children and/or teenagers may go to the Walled Lake school district, West Bloomfield school district, or Huron Valley school district. This home is a lakefront property and overlooks Lake Sherwood. It is priced at $160/SqFt which is -24% below the average asking price per square foot of $210/SqFt of lakefront homes in Commerce Twp. 5340 Inverrary Ln currently has property taxes in the amount of $5,418, which are assessed as homestead and therefore at the lowest tax rate.

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Stats for Zipcode 48382 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$381,304.15 $158.44 $115.71 136.05% 107

Essential Information

Lot Information

  • Lot Dimensions73x329x135x342
  • Front Footage73
  • Acres0.80


Forced Air, High Efficiency Sealed Combustion

Additional Information

  • Assessment194
  • HomesteadYes
  • Land ContractNo
  • Address StreetS
  • Road FrontPaved
  • OwnershipPrivate - Owned
  • Home WarrantyNO
  • Site DescriptionLake View

Floor Plan

  • Master Bedroom 17 x 13 Upper
  • Bedroom 211 x 11 Upper
  • Bedroom 312 x 11 Upper
  • Bedroom 411 x 10 Upper
  • Bedroom 512 x 10 Lower
  • Breakfast Room10 x 8 Entry
  • Dining Room13 x 11 Entry
  • Family Room16 x 14 Entry
  • Kitchen14 x 13 Entry
  • Living Room21 x 15 Entry
  • Laundry Room11 x 7 Entry

School Information

Community Information


  • Interior FeaturesSump Pump, Wet Bar
  • CoolingCentral Air
  • FireplaceY
  • FireplacesGas, Family Room
  • Fuel TypeGas
  • Water Fuel TypeGas
  • FoundationBasement
  • Basement DescriptionFinished, Walkout Access


  • ExteriorBrick, Wood
  • Exterior FeaturesSprinkler(s)
  • ConstructionPlatted Sub.
  • SewerSeptic-Existing
  • Water SourceMunicipal Water


Take Commerce Rd West from Bogie Lake Rd to Inverrary Ln (3 miles), North to house.

Parking Information

  • Garage FeatureAttached, Direct Access, Door Opener, Electricity
  • # of Garages2
  • Garages2 Car

Listing Details

Waterfront Features


Dishwasher, Disposal, Refrigerator, Stove

Porch Type

Balcony, Deck, Patio, Porch - Covered

Tax Description


Square Footage

  • Square Footage SourcePRD
  • Above Ground Finished2,594
  • Lower Finished1,000
  • Total Finished3594

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