Sold
325 Ridgemont Road, Oxford, MI 48370
Sold on 10/08/2025 for$375,000
MLS # 20251026622 (Realcomp)
3 beds3 baths3,000 sqftBuilt 19791.01 acres
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Listing Description
Welcome to 325 Ridgemont — a rare chance to own a full acre of prime lakefront property on the highly sought-after Indian Lake in Oxford. This home offers immense potential for those ready to put in the work and bring their vision to life.While the house itself needs updates and renovation, the true value lies in the unmatched location and lot size. With 1 acre of land, you’ll enjoy privacy, space for expansion, and breathtaking water views right from your backyard. Whether you’re looking to restore the existing home or design a custom build, the possibilities here are endless.Indian Lake is a private, all-sports lake known for its scenic beauty, great fishing, and year-round recreation. Living here means morning coffee by the water, summer boating and swimming, and tranquil evenings watching the sunset over the lake.Walk out basement.Opportunities like this are rare — secure your place on Indian Lake and turn this property into your perfect waterfront retreat.Lake Orion Schools!!!
Source: SparkMLS
About this home
Located in Addison Township in Oxford, this property offers 3-bedroom, 3-bath, 3,000 sq ft, with original construction dating to 1979.
Closed at $375,000 (about $125/sq ft).
Estimated annual property tax: $8,251, or about $688 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area3,000 sqft
Lot Size1.01 acres
Year Built1979
Stories2
Location
CityOxford
MunicipalityAddison Twp
Zip Code48370
CountyOakland
School DistrictLake Orion Community Schools
Construction & Systems
ConstructionBrick, Wood Siding, Other
BasementWalk-Out Access
Garage3 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed8/11/2025
Sold Date10/7/2025
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$10,905
State Equalized Value$229,300
Taxable Value$203,180
Parcel #0531428010
Source: Public Records
Legal Description
T5N, R11E, SEC 31 & 32 GRAMPIAN HEIGHTS SUB ELY PART OF LOT 14 DESC AS BEG AT NE LOT COR, TH S 06-13-10 E 390.52 FT, TH S 60-05-20 W 100.00 FT, TH N 11-48-22 W 338.94 FT, TH N 83-42-04 W 60.00 FT, TH N 60-05-20 E 200.00 FT TO BEG
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 Mike Ayoub
RE/MAX Team 2000
Frequently Asked Questions about 325 Ridgemont Road, Oxford, MI 48370
What school district is 325 Ridgemont Road, Oxford, MI 48370 in?
Per MLS# 20251026622, this property is served by Lake Orion Community Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 325 Ridgemont Road, Oxford, MI 48370?
Per MLS# 20251026622, the seller has indicated this property accepts the following financing types: Cash, Conventional, VA Loan. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251026622, the most recent reported annual property tax for 325 Ridgemont Road, Oxford, MI 48370 is $10,905. 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 325 Ridgemont Road, Oxford, MI 48370 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 325 Ridgemont Road, Oxford, MI 48370 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.
Is fiber internet available at 325 Ridgemont Road, Oxford, MI 48370?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 325 Ridgemont Road, Oxford, MI 48370. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
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: Septic Tank. Water: Well. 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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Tax Estimate
$
Annual tax$8,251
Monthly$688
Millage rate35.9830 mills
Municipality: TOWNSHIP OF ADDISON
School district: TR-OXFORD/LK ORION
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$3,281
Principal & interest$2,594
Property taxes$688
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableGSO SatelliteLicensed Fixed WirelessSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
325 Ridgemont Road, Oxford, MI 48370
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Municipality
Addison Township
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County
Oakland County
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