Pending
524 Fernhurst Court, Lake Orion, MI 48362
$849,900
MLS # 20261043029 (Realcomp)
2 beds2 baths1,539 sqftBuilt 19970.12 acres
1 / 31
Listing Description
Thoughtfully updated lakefront retreat on one of the quietest and most desirable bays of Lake Orion, offering a rare combination of contemporary design, natural beauty, and true move-in-ready living. Surrounded by mature trees & water views, this extensively updated home features an open floor plan, preserved original wood floors, abundant natural light, and a living room anchored by an electric fireplace. The renovated kitchen includes quartz countertops, under-cabinet lighting, new GE appliances, and a built-in wine fridge. The primary bath has been redesigned with a soaking tub, walk-in shower, and skylight. Enjoy 60' of private frontage, a large deck overlooking the bay, flat lawn, fire pit, and private dock. Extensive upgrades include a refurbished well, a new full home water filtration system, newer HVAC, city sewer, basement, office nook, ample parking and a detached two-car garage. A rare turnkey lakefront home in a market where many homes still require significant renovations. PRE-APPROVED BUYERS ONLY
Source: SparkMLS
About this home
Located in Orion Township in Lake Orion, this property offers 2-bedroom, 2-bath, 1,539 sq ft, with original construction dating to 1997.
Currently offered at $849,900 (about $552/sq ft).
Estimated annual property tax: $8,115, or about $676 monthly. 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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Living Area1,539 sqft
Lot Size0.12 acres
Year Built1997
Stories2
Location
CityLake Orion
MunicipalityOrion Charter Twp
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionStone, Vinyl Siding, Wood Siding
Garage2 spaces
HeatingForced Air
WaterWell
SewerPublic
Sale & Financing
Listed6/25/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,536
State Equalized Value$279,200
Taxable Value$121,320
Parcel #0903254025
Source: Public Records
Legal Description
T4N, R10E, SEC 3 WILSON'S SUB ALL OF LOT 4, ALSO AMENDED PLAT OF LOTS 1, 2, 3, AND VACATED PART OF FERNHURST COURT OF WILSON'S SUBDIVISION ALL OF LOT 40 6-5-18 CORR
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Melissa A Socha
Modern Way Realty LLC
Frequently Asked Questions about 524 Fernhurst Court, Lake Orion, MI 48362
Which school district serves 524 Fernhurst Court, Lake Orion, MI 48362?
Per MLS# 20261043029, 524 Fernhurst Court, 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# 20261043029, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 524 Fernhurst Court, Lake Orion, MI 48362?
Per public tax records, annual property taxes for this property are $4,536. 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, 524 Fernhurst Court, 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 524 Fernhurst Court, Lake Orion, MI 48362 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 524 Fernhurst Court, Lake Orion, MI 48362?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Well. 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$8,115
Monthly$676
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$6,189
Principal & interest$5,512
Property taxes$676
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
524 Fernhurst Court, Lake Orion, MI 48362
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Municipality
Orion Township
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County
Oakland County
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