$10,000 Closing Credit¹
#20240077463, Soman P Chacko, Listing Office: Real Estate One-W Blmfld
$5,795,000 List price
1567 Island Ln Bloomfield Hills, MI 48302
4 beds
5 full, 3 partial
14,751 sqft
0.8 acres
$393 / sqft
House
Property details
About 1567 Island Ln
Discover unparalleled luxury in this grand residence on the shores of Island Lake, boasting over 10,000+ sqft of opulent living space. With 4 bdrms & 5.3 baths, each bdrm is a suite of indulgence. The house is strategically south-facing, ensuring an abundance of natural light throughout the day. Unveil a realm of sophistication in the mahogany library w/ its coffered ceiling & meticulously designed high bookshelves. This distinguished space offers a perfect blend of architectural craftsmanship & practicality, creating an inviting ambiance for both work & relaxation. Indulge in the epitome of comfort in the primary suite, featuring a spa-like shower, a deep soaking tub, & an expansive walk-in closet. The kitchen is a culinary haven equipped w/ top-of-the-line appliances & SieMatic custom cabinetry catering to the most discerning chefs. Custom millwork by skilled artisans, Tiffany leaded glass throughout, & stately fireplaces add to the timeless elegance of this residence. Entertain effortlessly in the fully finished lower level, complete with a second kitchen, a parlor room with a custom ceiling detail, a spacious living room, & an impressive wine cellar. The lower level bedrooms feature daylight windows, w/ one offering a convenient walk-out option. Enjoy the picturesque views w/ high ceilings & windows along the lakeside, leading to a full balcony/terrace, perfect for savoring moments of tranquility. For added convenience, an elevator effortlessly connects all levels of this home. The entire home exudes sophistication w/ marble & wood flooring complemented by radiant heating, providing a warm & inviting ambiance. Experience the ultimate in lakeside living w/ an additional lower-level garage & storage area accessible from the lakeside perfect for storing your lakeside necessities & boating essentials. This is more than a home, it's a masterpiece where elegance & grandeur converge in perfect harmony. Please note that not all rooms/bedrooms of the home were not photographed for privacy.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas, Radiant
StatusActive
CoolingCentral Air
Size14,751 sqft
BasementYes
Lot size0.77 Acres
Year built1995
ParkingThree Car Garage, Attached, Direct Access, Electricity in Garage, Garage Faces Front
MLS #20250032494
Attached garage3 spaces
WaterfrontDock Facilities, Lake Front, Lake Privileges
FireplaceBasement, Great Room, Library, Living Room, Other Locations, Master Bedroom
Summary
- Partial Bathrooms: 3
- Full Bathrooms: 5
- Appliances: Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood
- Basement: Yes
- Interior: Elevator, Entrance Foyer, Programmable Thermostat
- Fireplace: Basement, Great Room, Library, Living Room, Other Locations, Master Bedroom
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Three Car Garage, Attached, Direct Access, Electricity in Garage, Garage Faces Front
- Waterfront: Dock Facilities, Lake Front, Lake Privileges
- Exterior: Balcony
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas, Radiant
- Cooling: Central Air
- List Price: $5,795,000
- Price/SqFt: $392
- Annual Tax Amount: $74,132
- Tax Year: 2024
- Directions: North of Long Lake, West of Telegraph
- Year Built: 1995
- Living Area: 14,751 SqFt
- Lot Size: 0.77 Acres
- MLS Number: 20250032494
- MLS Name: Realcomp II Ltd
- Office Name: Signature Sothebys International Realty Bham
- Office Phone: (248) 644-7000
- Listing Agent: Dan A Gutfreund, Cathy LoChirco
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 3:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,795,000
1567 Island Ln
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 25, 2022 | Home Sold | $3,500,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,075,480 | $74,132 |
| 2023 | $1,891,830 | $72,436 |
| 2022 | $2,208,860 | $55,666 |
| 2021 | $2,088,470 | $72,436 |
| 2020 | $2,173,050 | $52,001 |
| 2018 | $1,500,000 | $52,238 |
| 2017 | $1,500,000 | $51,862 |
History based on county public records data.
Nearby schools
7
Way Elementary School
Public District KG-5
1.6 mi
•765 W Long Lake Rd
9
Lone Pine Elementary School
Public District KG-5
2.1 mi
•3100 Lone Pine Rd
5
Roosevelt Elementary School
Public Magnet PK-5
2.5 mi
•2065 Cass Lake Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $185,435. The majority of Bloomfield Hills, MI residents have income $200k+ annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
6%
<35k
19%
35k-100k
30%
100k-200k
45%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
22%
Single, No Kids
4%
Single, with Kids
53%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
8%
12-17 yrs old
10%
18-34 yrs old
44%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Men's Tennis
Skiing/snowboarding
Where do the neighbors shop?
Chico's
Bloomingdales
Nordstrom
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Chipotle
What do the neighbors drive?
Cadillac
Lexus
BMW
What do the neighbors listen to?
Classical
News
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1567 Island Ln
The listing price of 1567 Island Ln property is $5,795,000.
The property 1567 Island Ln is a house located in Bloomfield Hills, Michigan, 48302.
Active Listing: 1567 Island Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1567 Island Ln are: Way Elementary School (GreatSchools Rating 7/10), Lone Pine Elementary School (GreatSchools Rating 9/10), Roosevelt Elementary School (GreatSchools Rating 5/10), South Hills Middle School (GreatSchools Rating 10/10), West Hills Middle School (GreatSchools Rating 7/10), West Bloomfield Middle School (GreatSchools Rating 4/10), Bloomfield Hills High School (GreatSchools Rating 7/10), West Bloomfield High School (GreatSchools Rating 6/10), Life Skills Center of Pontiac (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $74,132 (source: MLS/based on county public records data).
The last sale was on February 25, 2022 for $3,500,000 (source: MLS/tax record).
The property at 1567 Island Ln has 4 bedrooms and 5 full and 3 half bathrooms.
The property 1567 Island Ln is 14,751 SqFt (source: MLS/tax record).
The year of construction for 1567 Island Ln is 1995.
This home is located at 1567 Island Ln in Bloomfield Hills, MI and zip code 48302. This 14,751 square foot home, which was built in 1995, sits on a 0.77 acre lot. Features: 4 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $5,795,000.
In April 2025, from all listings sold in Bloomfield Hills, MI there were more than 18 sold above asking price, over 24 sold below and more than 13 were sold right at the asked price. The number of listings in Bloomfield Hills, MI increased by 36.3% between March and April 2025. Listings spent 22 days on the market in April 2025, and had a median list price of $605,220 during the same period.
From Rocket Homes Real Estate and based on county public records data.