Video tour of this home in Shenandoah Lake in the Woods, West Bloomfield.
Leased | West Bloomfield Township, Michigan (2022)
This luxury, fully furnished home in the Shenandoah Lake in the Woods No. 1 subdivision was successfully leased in 2022 for $5,000 per month in West Bloomfield Township. Through strategic structuring and negotiation, the landlord secured $1,000 more per month than the original target rent, while also achieving guaranteed lease payments through an insurance-backed arrangement — eliminating common landlord risk and management friction.
Property Overview
📍 5887 N Course Place, West Bloomfield, MI 48323
💰 $5,000 per month
🏡 Single-Family Home | Shenandoah Lake in the Woods No. 1
🛏 4 Bedrooms
🛁 4 Full Bathrooms
🛋 Fully Furnished | Short-Term Lease
🌳 Corner Lot | Ravine Setting
📍 Oakland County
📅 Leased in 2022
Why This Lease Was Successful for the Landlord
This lease was structured to prioritize income certainty, flexibility, and risk mitigation — not just occupancy.
Key strategic advantages delivered to the landlord included:
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Rent optimization:
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Initial rent expectation was $4,000 per month
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By positioning the home as fully furnished and leveraging the landlord’s preference for furnished occupancy, the lease was structured at $5,000 per month for a shorter term
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Guaranteed lease payments without traditional drawbacks:
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An insurance-backed lease payment arrangement was secured on behalf of the tenant
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This provided the landlord guaranteed rent without the administrative burden, restrictions, or long-term constraints often associated with standard “guaranteed rent” programs
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Risk reduction and convenience:
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No exposure to tenant non-payment risk
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No added property management complexity
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Clean, predictable income for the lease term
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This approach allowed the landlord to maximize return while maintaining control and flexibility.
Property Features & Living Experience
The home itself strongly supported premium rental positioning:
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Open-concept layout on a private, hilly ravine corner lot
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Views of Woodpecker Lake from multiple bedrooms
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First-floor laundry and first-floor bedroom, ideal for guests or a home office
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First-floor full bathroom with skylight and sauna within the shower
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Expansive kitchen with granite countertops and stainless steel appliances
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Newer (2020) deck with gazebo and BBQ grill
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Primary suite featuring a glass block shower with multiple shower heads
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Finished basement with full bathroom, kitchenette-style area, and entertainment space
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Heated, steep driveway with smart heater control for winter convenience
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Private, secluded setting with future driveway renovation planned
Community & Location Insight
The home is located minutes from Shenandoah Golf Club and surrounded by natural features that define the Shenandoah lifestyle.
To explore the neighborhood and community in more detail, view our full area feature here:
👉 Living in Shenandoah Golf & Country Club Estates – West Bloomfield
Why This Lease Matters
This transaction demonstrates how creative lease structuring can outperform standard pricing assumptions. By combining furnished positioning, short-term flexibility, and insurance-backed rent guarantees, the landlord achieved higher income with lower risk — without compromising control of the property.
West Bloomfield Luxury Rental Market Insight
West Bloomfield continues to attract demand for high-end, furnished, short-term rental options, particularly in established golf course communities. Landlords who adapt pricing strategy and structure intelligently are able to command premium rents while protecting their investment.
To view additional leasing and sales results, visit:
👉 Sold & Leased Homes
Learn more about our leasing approach at:
👉 Designed Living Real Estate
Thinking About Leasing a Luxury Home?
Considering leasing out a fully furnished or short-term property in West Bloomfield or Oakland County?
Lease structure, risk management, and pricing strategy matter — especially at higher price points.
👉 Contact Designed Living Real Estate
Designing real estate solutions so you can live the life you desire.