Sold
2516 Peters Street, Lake Orion, MI
Sold on 05/15/2026 for$305,000
MLS # 50205317 (MiRealSource)
3 beds2 bathsBuilt 19650.23 acres
1 / 66
Listing Description
Beautifully maintained Lake Orion ranch backing to a serene, wooded nature area. The updated kitchen features new appliances accented by hardwood floors throughout. Step out to the spacious covered porch—perfect for relaxing or entertaining—overlooking a fully fenced backyard with peaceful tree-lined views. Partially finished basement offers additional living space. Ideally located just minutes from top-rated schools, restaurants, shopping, and major expressways.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath home built in 1965 sits in Orion Township in Lake Orion.
This home sold for $305,000.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Lot Size0.23 acres
Year Built1965
Location
CityLake Orion
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionAluminum Siding, Vinyl Siding
Garage2 spaces
HeatingForced Air
SewerPublic
InteriorCeiling Fan(s)
Sale & Financing
Listed4/23/2026
Sold Date5/14/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Thomas Zibkowski
Real Estate One Inc-Shelby
Frequently Asked Questions about 2516 Peters Street, Lake Orion, MI
Which school district serves 2516 Peters Street, Lake Orion, MI?
Per MLS# 50205317, 2516 Peters Street, Lake Orion, MI is in the Lake Orion boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lake Orion directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 50205317, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 2516 Peters Street, Lake Orion, MI is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 2516 Peters Street, Lake Orion, MI in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 2516 Peters Street, Lake Orion, MI?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,848
Principal & interest$1,848
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
2516 Peters Street, Lake Orion, MI
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Municipality
Orion Township
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County
Oakland County
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