Pontiac Lake is a 585 acre all sports lake located in White Lake Township and Waterford Township Michigan. Pontiac Lake is part of the Huron River chain that eventually dumps into Lake Erie. For the fisherman Pontiac Lake was stocked in the 80's and 90's through 2002 with black crappie, bluegill, channel catfish, largemouth bass, northern pike, walleye and yellow perch.

For the boater/jet skier Pontiac Lake is one of the larger all sports lakes in Oakland County MI and host to Quake on the Lake, a inboard hydroplane race that has been held annually on Pontiac Lake. This year's race will be held July 16 and 17, 2011 and offers live entertainment, classic cars, and carnival. Approximately 35,000 people attend annually.

Pontiac Lake Property Owners Association

Pontiac Lake is surrounded on 3 sides by Pontiac Lake Recreation Area- over 3700 acres of state land which offers horseback riding, hunting, snowmobiling, shooting/archery range, boat access and beach on Pontiac Lake and much more. Even though the Pontiac Lake area offers almost everything the outdoors person could want, it is still only minutes from M-59, shopping, airport, restaurants and much more.

Real estate sales on Pontiac Lake have gone through rough times just like the rest of Michigan. In 2004 sales of lakefront homes on Pontiac ranged from $179,900-$288,000 (as reported Realcomp II MLS). In 2010 sales ranged from $57,00-$230,000 with only 2 sales over $200,000. So far in 2011 (March 11) sale prices for lakefront homes have ranged from $88,900-$180,000. There is currently 1 sale pending on Pontiac Lake- a bank owned home with an asking price of $199,900 and there are currently 4 active listings: 1 short sale asking $64,900 and 3 "normal" sales with asking prices of $149,000, $207,900 and $272,500.

Sale prices in 2010 didn't seem to be much different than in 2009 which is consistent with other indicators of a stabilizing real estate market. As the foreclosure sales decrease, prices should start to increase. But buying a home on all sports Pontiac Lake isn't just an investment decision; it's a lifestyle decision.

If you are interested in buying or selling a home on all sports Pontiac Lake, please don't hesitate to contact me.

Jackie Hawley
cell: (248)736-6407
email: Jackie@JackieHawley.com

Pontiac Lake Lakefront Home Sales 2011

Address	sq. ft.	basement	2011 SP	terms	Sale Type	previous SP	previous SP
2497 Blair St	547	crawl	$60,000	cash	short sale	2002- $139,900
2089 Kingston	1524	Mich basement	$81,280	cash	bank	2005- $258,500	2003- $248,000
9245 Buckingham	2004	mich basement	$88,900	cash	bank owned	2004- $179,900	1999- $112,000
9547 Bonnie Briar	992	fin daylight	$140,000	conv
9091 Gale Rd	2000	mich basement	$155,500	conv		2008- $135,000	2007- $110,000
8991 Tackles	1722	crawl	$180,000	conv	short sale	2004- $186,000
2580 Tackles	1700	crawl	$185,130	conv	short sale	2007- $225,000	2002- $360,000
8882 Arlington	2071	unfin basement	$190,207	FHA	bank owned	2003- $327,000
2228 Kingston	1824	crawl	$242,000	conv

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

Pontiac Lake Lakefront Real Estate Sales in 2010

Address	sq. ft.	basement	2010 SP	terms	Sale Type	previous SP	previous SP
2094 Kingston	912	crawl	$57,000	cash	bank owned	2001- $134,900	1998- $60,000
2401 Orchard Lk	928	unfin standard	$60,000	cash	short sale	2002- $185,000
8941 Tackles	1630	crawl	$129,000	FHA
9463 Bonnie Briar	1052	part fin standard	$135,000	cash
9359 Gale	1500	crawl	$140,000	cash		1995- $125,000
9441 Bonnie Briar	1347	crawl	$147,133	conv	bank owned	1999- $185,000
9011 Gale	3109	crawl	$158,000	cash	bank owned	2001- $330,000
2615 Tackles	1252	crawl	$163,000	cash	short sale
8866 Arlington	1959	crawl	$184,500	cash	bank owned	1998- $249,000
9016 Pontiac Lake	2048	slab	$194,873	conv	bank owned
2260 Kingston	1710	fin walk out	$229,900	cash		2004- $325,000
9500 Bonnie Briar	1951	part fin daylight	$230,000	FHA

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

Sales in 2009

Address	sq. ft.	2009 sale price	Sale Type	previous sale price	previous sale price
8860 Tackles	718	$60,000- Feb	bank owned	1999- $120,000
8851 Tackles	1554	$80,001- May	short sale
9378 Waltham	2449	$120,500- April	bank owned	2003- $225,500
9757 Bonnie Briar	900	$135,000- Aug		1999- $139,000	1996- $117,500
9213 Camelot	1464	$151,500- May
9301 Gale	1080	$162,900- July
8972 Tackles	1119	$170,000- April	short sale	2005- $295,000
2704 Wabum	2952	$190,000- Oct	short sale	2002- $225,600
9008 Pontiac Lake	2097	$209,000- Aug	bank owned	2007- $335,000
9156 Buckingham	1800	$299,000- June	short sale	2005- $328,000

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

Sales in 2004

Address	sq. ft.	2005 sale price
9245 Buckingham	1100	$179,900
2248 Kingston	672	$185,000
2168 Hampten	1462	$185,000
9470 Thames	1145	$205,000
9323 Gale	1180	$230,000
2146 Hampton	1158	$250,000
9571 Bonnie Briar	1752	$282,000
8848 Arlington	1700	$288,000

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

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Jackie Hawley
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Cell:	(248)736-6407
Address:	6510 Town Center Dr Suite D
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