Sold
481 Heights Road, Lake Orion, MI 48362
Sold on 11/14/2025 for$325,000
MLS # 20251010650 (Realcomp)
2 beds1 bath1,081 sqftBuilt 19300.16 acres
1 / 33
Listing Description
Perched high on a hill with panoramic views of Lake Orion this hard-to-find waterfront lot includes its own fully enclosed boathouse and a lakeside hangout area with fire pit and picnic spot right at the water’s edge. The existing 2 bed, 1 bath cottage offers potential for a major renovation or serves as an ideal site for a brand-new custom build. With a prime walkout setting this property is a true blank canvas. Two additional boat slips besides the boathouse. Whether you're looking to update, rebuild, or invest in rare lakefront access, this is an opportunity at a reasonable price point. Parking is on Summit Drive.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 1,081 sq ft home in Orion Township in Lake Orion built in 1930.
Final sale price: $325,000 (about $301/sq ft).
Property tax estimate: $5,438 per year ($453/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,081 sqft
Lot Size0.16 acres
Year Built1930
Stories2
Location
CityLake Orion
MunicipalityOrion Charter Twp
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed6/21/2025
Sold Date11/13/2025
Original Price$400,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,034
State Equalized Value$187,110
Taxable Value$75,480
Parcel #0911307011
Source: Public Records
Legal Description
T4N, R10E, SEC 11 UNIVERSITY SUB LOT 20, ALSO THAT PART OF PARK LYING BETW NLY EXTENSION OF E & W LINES OF SD LOT TO LOW WATERS MARK OF LAKE ORION 9/23/86 CORRECTION MADE FROM JUDGMENT IN CIRCUIT COURT RECORDED IN L.7912 P.699-702
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kristin Berry
Epique Realty
Frequently Asked Questions about 481 Heights Road, Lake Orion, MI 48362
Which school district serves 481 Heights Road, Lake Orion, MI 48362?
Per MLS# 20251010650, 481 Heights Road, Lake Orion, MI 48362 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.
Can I use FHA or VA financing for this property?
Per MLS# 20251010650, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 481 Heights Road, Lake Orion, MI 48362?
Per public tax records, annual property taxes for this property are $3,034. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 481 Heights Road, 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.
Is 481 Heights Road, Lake Orion, MI 48362 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 481 Heights Road, Lake Orion, MI 48362. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 481 Heights Road, Lake Orion, MI 48362?
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.
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.
Map
Tax Estimate
$
Annual tax$5,438
Monthly$453
Millage rate29.0657 mills
Municipality: CHARTER TOWNSHIP OF ORION
School district: PONTIAC CITY SCHOOL DISTRICT
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$2,561
Principal & interest$2,108
Property taxes$453
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO 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
481 Heights Road, Lake Orion, MI 48362
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Municipality
Orion Township
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County
Oakland County
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