See today's Island Lake homes for sale & Novi real estate listings below. Island Lake Subdivision is an elegant community with luxury homes built by Toll Brothers overlooking the 170 acre Island Lake and surrounded by nature with preserved wooded areas. These custom homes vary in size from 2,400 to over 5,000 square feet and feature grand foyers, gourmet kitchens and spectacular views. Island Lake is great for sailing, swimming and fishing and has a community clubhouse with fitness center, walkout veranda, outdoor pool, tennis club, nature trails, docks, private beach and other amenities. For Island Lake neighborhood properties for sale, information or to schedule a home showing or tour, contact a Novi real estate expert today.