Nestled on a quiet dead-end street, this Waterford home blends classic Cape Cod character with a warm, functional layout with plenty of flexibility. Wood floors run throughout, complemented by a decorative fireplace, forced-air heating with ductwork in place, and a newer water heater installed in 2022. A standout feature is the spacious first-floor bedroom with direct backyard access, offering the flexibility to also serve as a home office, den, or playroom. Upstairs, you’ll find two additional bedrooms and a full bath, creating a comfortable separation between living and sleeping spaces. Conveniently located near Loon Lake, Waterford Kettering High School, shopping, dining, and everyday amenities. A great opportunity for a first-time buyer looking for character, usable space, and value in Waterford.
Property Details
Price:
$199,900
MLS #:
20261074038
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
LOON LAKE HEIGHTS
Neighborhood:
area02131waterfordtwp
Listed Date:
Sep 14, 2026
Finished Sq Ft:
1,232
Year Built:
1929
See this Listing
Schools
School District:
Waterford
Interior
Above Grade Finished Area
1232
Appliances
Dishwasher, Disposal, Dryer, FreeStandingGasRange, FreeStandingRefrigerator, Microwave, Washer
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Interior Features
EntranceFoyer, ProgrammableThermostat
Levels
One And One Half
Exterior
Architectural Style
CapeCod
Construction Materials
Vinyl Siding
Exterior Features
Lighting
Fencing
Back Yard, Fenced, Fencing Allowed
Other Structures
Sheds, Sheds Allowed
Parking Features
NoGarage
Patio And Porch Features
Patio, Porch
Roof
Asphalt
Financial
Taxes
$1,412
Map
Community
- Address4042 Louella Drive Waterford MI
- SubdivisionLOON LAKE HEIGHTS
- CityWaterford
- CountyOakland
- Zip Code48329
Subdivisions in Waterford
Market Summary
Current real estate data for Single Family in Waterford as of Sep 22, 2026
191
Single Family Listed
51
Avg DOM
195
Avg $ / SqFt
$383,184
Avg List Price
Property Summary
- Located in the LOON LAKE HEIGHTS subdivision, 4042 Louella Drive Waterford MI is a Single Family for sale in Waterford, MI, 48329. It is listed for $199,900 and features 3 beds, 1 baths, and has approximately 1,232 square feet of living space, and was originally constructed in 1929. The current price per square foot is $162. The average price per square foot for Single Family listings in Waterford is $195. The average listing price for Single Family in Waterford is $383,184. To schedule a showing of MLS#20261074038 at 4042 Louella Drive in Waterford, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
Similar Listings Nearby

4042 Louella Drive
Waterford, MI
