# Franklin, Bloomfield Hills, MI 48302 > **TL;DR:** land, $1,499,000. > Waterfront. Est. $8,167/mo. Listed 139 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,499,000 | | Lot Size | 82,328 sqft (1.89 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 139 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,580 | | Estimated Insurance | $437 | | HOA | $150 | | **Total** | **$8,167** | ## Key Amenities - Waterfront ## Property Highlights - 1.89 acre lot - Waterfront ## Description ### Agent Description Rare opportunity to create your dream estate with dedicated frontage on prestigious Lower Long Lake. This unique offering includes two parcels totaling approximately 1.89 acres plus additional acreage through riparian rights, providing the perfect setting for a custom luxury residence in one of Bloomfield Township's most sought-after locations. The primary homesite is ideally situated across the street from the lake, while a separate included parcel on Lower Long Lake offers an impressive 242 feet of private frontage, creating an exceptional opportunity to enjoy boating, waterfront recreation, and breathtaking lake views without sacrificing the privacy and scale of a large estate setting. Bring your own builder or take advantage of one of our preferred luxury builders to design and construct a one-of-a-kind residence tailored to your lifestyle. Whether you envision a modern architectural masterpiece, timeless lake-inspired retreat, or resort-style compound, the possibilities are endless. Renderings, floor plans, and builder consultations are available upon request. Located within the award-winning Bloomfield Hills School District and just minutes from premier shopping, dining, country clubs, and major conveniences, this rare offering combines estate-sized acreage with extraordinary access to one of the area's most desirable lakes. Sale includes both parcels, including the lakefront parcel (Property ID). Contact us for additional information, available plans, renderings, and builder options. Please do not walk the property without a scheduled appointment. Select Photos have been digitally modified. BATVAI ## Location - **Address:** Franklin, Bloomfield Hills, MI 48302 - **County:** Oakland - **Coordinates:** 42.584324, -83.285927 - **Google Maps:** https://www.google.com/maps?q=42.584324,-83.285927 ## Listing Agent - **Name:** Tushar V Vakhariya - **Brokerage:** KW Domain Birmingham - **Broker Phone:** (248) 590-0800 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3860-Mystic-Valley-Dr_Bloomfield-Hills_MI_48302_M42970-50793?f=listhub&s=REALCOMPMI&m=20261042919&c=propsimple) ## Photos ![Franklin - Photo 1](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f315991018r.jpg) ![Franklin - Photo 2](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f3322527808r.jpg) ![Franklin - Photo 3](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f36643191r.jpg) ![Franklin - Photo 4](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f4163134800r.jpg) ![Franklin - Photo 5](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f1639569983r.jpg) ![Franklin - Photo 6](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f2146196867r.jpg) ![Franklin - Photo 7](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f2298776137r.jpg) ![Franklin - Photo 8](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f1907279851r.jpg) ![Franklin - Photo 9](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f3884892475r.jpg) ![Franklin - Photo 10](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f1774689305r.jpg) ![Franklin - Photo 11](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f3306102033r.jpg) ![Franklin - Photo 12](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f3176282336r.jpg) ![Franklin - Photo 13](http://lh.rdcpix.com/b06b14c2911a53b7a8b0ab0cebd6b342l-f2594730766r.jpg) --- **MLS#:** 20261042919 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/franklin-bloomfield-hills-mi-48302-06a374ce1dee4d28a8a304540ad52aff) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/franklin-bloomfield-hills-mi-48302-06a374ce1dee4d28a8a304540ad52aff#listing", "url": "https://www.propertysimple.ai/listing/franklin-bloomfield-hills-mi-48302-06a374ce1dee4d28a8a304540ad52aff", "name": "Franklin, Bloomfield Hills, MI 48302", "description": "Rare opportunity to create your dream estate with dedicated frontage on prestigious Lower Long Lake. This unique offering includes two parcels totaling approximately 1.89 acres plus additional acreage through riparian rights, providing the perfect setting for a custom luxury residence in one of Bloomfield Township's most sought-after locations. The primary homesite is ideally situated across the street from the lake, while a separate included parcel on Lower Long Lake offers an impressive 242 feet of private frontage, creating an exceptional opportunity to enjoy boating, waterfront recreation, and breathtaking lake views without sacrificing the privacy and scale of a large estate setting. Bring your own builder or take advantage of one of our preferred luxury builders to design and construct a one-of-a-kind residence tailored to your lifestyle. Whether you envision a modern architectural masterpiece, timeless lake-inspired retreat, or resort-style compound, the possibilities are endless. Renderings, floor plans, and builder consultations are available upon request. Located within the award-winning Bloomfield Hills School District and just minutes from premier shopping, dining, country clubs, and major conveniences, this rare offering combines estate-sized acreage with extraordinary access to one of the area's most desirable lakes. Sale includes both parcels, including the lakefront parcel (Property ID). Contact us for additional information, available plans, renderings, and builder options. Please do not walk the property without a scheduled appointment. Select Photos have been digitally modified. 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