Sold
16 S NORTH SHORE Drive, Lake Orion, MI 48362
Sold on 05/28/2025 for$855,000
MLS # 20250030565 (Realcomp)
3 beds3 baths2,500 sqftBuilt 19200.25 acres
1 / 97
Listing Description
BEST VIEWS OF THE LAKE! Experience the splendor of 65' of pristine lakefront lifestyle with boating, fishing, swimming and various recreational activities, on all sports Lake Orion. This lake has a depth of approx. 80' and a surface area of 493 acres; surrounded by parks and trails. Considered a warm water lake with cool water species and has been known to produce good numbers of bluegill and largemouth bass. Enjoy walking distance to downtown for all your dining and entertaining fun. Property deeded 30' to the bottom of lake frontage. Seawall 2015, Village boat launch, and all new Floe docks 2012. The main house (16 Apt.#1) is a blend of modern elegance with a relaxing retreat feel, where every day is like a vacation. Live the lake life in this unit and the three tenants help pay towards your mortgage. Wake up to breathtaking lake views in its luxurious primary suite, complete with a walkout patio, private bathroom, office nook, and a separate outdoor entrance through the closet and laundry area. Gourmet kitchen features premium appliances, drop ceiling tiles for easy access maint., and storage space. Living room has a gorgeous original marble fireplace, and plenty of sunlight to create a warm yet sophisticated living space. Custom cabinetry throughout. Central air and forced air heat in 16 #Apt. 1 only. The back main level is Apt. #2, upper level of the house is Apt. #3 and the upper level of the carriage house (18) is Apt. #2 - all consist of: one bed, one bath, floor mounted heater w/blower, >gas, water, trash, & snow removal incl. in rent, one assigned parking spot for tenants and they pay own electric, appliances incl., air conditioners & microwaves belong to tenants. Main level 18 is a heated workshop with a bathroom & plumbing for a kitchen. Maintenance supplies for apts in workshop can stay (some excl.). Zoned for both single & multi-family -zoning use is legal and can be CONVERTED BACK TO A SINGLE-FAMILY RESIDENCE. Floe docks, hoist and 2012 Bennington pontoon incl. w/full price offer.
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 2,500 sq ft home built in 1920 sits in Lake Orion Village in Lake Orion.
This home sold for $855,000 (about $342/sq ft).
Annual property taxes run approximately $11,813 ($984/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
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Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area2,500 sqft
Lot Size0.25 acres
Year Built1920
Stories2
Location
CityLake Orion
MunicipalityLake Orion Vlg
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space, Michigan Basement
HeatingForced Air, Space Heater
WaterPublic
SewerPublic
Sale & Financing
Listed5/5/2025
Sold Date5/27/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$11,813
State Equalized Value$390,580
Taxable Value$218,840
Parcel #0902376002
Source: Public Records
Legal Description
T4N, R10E, SEC 2 PAYNE AXFORD'S ADD LOT 2, ALSO PART OF LOT 3 BLK 3 DESC AS BEG AT NE COR OF 'SD' LOT 2, TH S 89-18-32 W 141.59 FT, TH S 89-18-32 W 2.82 FT, TH N 12-57-42 E 6.76 FT, TH S 86-40-46 E 11.89 FT, TH S 87-59-28 E 19.08 FT, TH S 88-05-16 E 78.48 FT, TH S 88-55-18 E 33.46 FT, TH S 12-00-00 E 0.24 FT TO BEG 5-25-10 CORR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Susan Garbarino
Liberty Way Realty
Frequently Asked Questions about 16 S NORTH SHORE Drive, Lake Orion, MI 48362
What school district is 16 S NORTH SHORE Drive, Lake Orion, MI 48362 in?
Per MLS# 20250030565, this property is served by Lake Orion. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 16 S NORTH SHORE Drive, Lake Orion, MI 48362?
Per MLS# 20250030565, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20250030565, the most recent reported annual property tax for 16 S NORTH SHORE Drive, Lake Orion, MI 48362 is $11,813. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 16 S NORTH SHORE Drive, Lake Orion, MI 48362 eligible for USDA financing?
Per USDA Rural Development boundary data, 16 S NORTH SHORE Drive, Lake Orion, MI 48362 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 16 S NORTH SHORE Drive, Lake Orion, MI 48362 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Mortgage Calculator
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Monthly payment$6,324
Principal & interest$6,324
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
16 S NORTH SHORE Drive, Lake Orion, MI 48362
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Municipality
Lake Orion Village
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County
Oakland County
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