Back 50623 Chesapeake Drive
Off Market

50623 Chesapeake Drive

Novi MI 48374

5
6
3
6551 sq. ft.
0.42 ac.
Single-Family
Last sold for $1,450,000
Zachary RibitwerZachary Ribitwer, last sold this property on 03 December 2025 after 27 days on market.

Overview

Completely renovated from top to bottom! Do not miss this exceptional 5-bedroom, 5.1-bath home in the highly desirable Island Lake of Novi subdivision. A dramatic two-story foyer with heated flooring welcomes you inside. Enjoy the convenience of dual primary suites - one on the main level and one upstairs - both featuring beautifully updated spa-like bathrooms with heated tile floors and heated towel racks. The chef's kitchen is a true showstopper, offering a massive waterfall island, Sub-Zero & Wolf appliances, heated tile flooring, and generous dining space. The great room boasts soaring ceilings, a sleek commercial-grade ceiling fan, and a modern fireplace - perfect for gatherings and relaxing. The fully finished walk-up lower level offers incredible additional living and entertainment space, including the potential for two extra bedrooms, a full bathroom, large recreation area, and a wet bar/second kitchen with dual refrigerators - ideal for hosting family and friends. Smart-home and security upgrades include a hardwired security camera system, additional motion-activated exterior camera lighting, and an alarm system for enhanced peace of mind. Additional highlights include a 3-car garage with epoxy flooring, paver patio, high-end finishes throughout, washer and dryer on both the entry and second level, and invisible-fence wiring for pets. Located in one of Novi's premier luxury communities offering award-winning Novi Schools and world-class amenities: private boathouse, swimming pool, tennis & pickle-ball courts, lake access with boat slips, walking trails, food trucks, community events, and more - all just steps from your door. This is luxury living at its finest - welcome home!

Features

5 bedrooms
6 bathrooms
3 carspaces
3 garage spaces
6551 sq. ft. floor area
0.42 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Novi over the last 12 months, the estimated median property value of 50623 Chesapeake Drive is $1.01m.

Median value
$1.01m
Estimated value range
$373.5k - $1.45m
Median days on market
6
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Novi. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 50623 Chesapeake Drive

2025
Sold
$1,450,000
03 Dec 2025 by Zachary Ribitwer, of KW Domain
2021
Sold
$815,000
14 Jul 2021 by Jamey Kramer, of REMAX Classic | Novi

Happy sellers in Novi

96%
96% of sellers in Novi reported that their sale price either exceeded or met their price expectations.

Novi stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Novi over the last 12 months.

Local market activity for 5 bedroom single-family properties in Novi

In the last 12 months, 14 five-bedroom single-family properties similar to 50623 Chesapeake Drive, have been sold.

This represents a 34% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Novi

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent