Sold
565 CENTRAL Drive, Lake Orion, MI 48362
Sold on 06/09/2023 for$880,000
MLS # 20230027846 (Realcomp)
4 beds4 baths2,730 sqftBuilt 20030.12 acres
1 / 49
Listing Description
Welcome to your dream lakefront home in Lake Orion! This stunning property features four bedrooms and four bathrooms. With a total finished area of 2730 square feet, plus a stunning walk-out basement you'll find plenty of room for all your needs. From the moment you walk-in, you'll be greeted by breathtaking views of the lake. The large windows allow natural light to flood the living room, creating a warm and inviting atmosphere. Enjoy cozy nights with beach bonfires, or step onto the upper deck and take in the serene surroundings. The gourmet kitchen is complete with stainless steel appliances, granite countertops, and plenty of storage space. Host parties or Household dinners in this spacious area or enjoy meals al fresco on the deck while taking in the views. The primary suite is located on the upper floor, offering privacy and tranquility. Wake up to beautiful lake views and start your day off right. It’s the perfect setting to unwind after a long day. Upstairs, you'll also find three additional bedrooms and an additional full bathroom which includes a double vanity. This layout is perfect for guests or growing Household. As you enter the walk-out basement, you will be immediately impressed by the spacious and inviting atmosphere. The full bar is a standout feature, providing the perfect space for entertaining guests or relaxing with friends. The bar is fully equipped with all the necessary amenities, including a wine fridge, extra large sink, dishwasher, ice maker, humidor, and plenty of storage space for your favorite drinks and glasses. Step outside onto the outdoor patio and this is sure to become one of your favorite spots in the home. But the true highlight of this home is the lakefront location. Spend your days boating, fishing, and swimming right in your backyard. The large sandy beach provides plenty of space for outdoor activities, and the private dock is the perfect spot to watch the sunrises or sunsets. Don't miss out on this incredible opportunity to own your piece of paradise in Lake Orion!
Source: SparkMLS
About this home
4-bedroom, 4-bath, 2,730 sq ft home in Lake Orion Village in Lake Orion built in 2003.
Final sale price: $880,000 (about $322/sq ft).
Annual property taxes run approximately $7,770 ($648/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Living Area2,730 sqft
Lot Size0.12 acres
Year Built2003
Stories2
Location
CityLake Orion
MunicipalityLake Orion Vlg
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionOther
BasementWalk-Out Access
HeatingForced Air
WaterPublic
SewerSeptic Tank
InteriorBasement Finished, Wet Bar
Sale & Financing
Listed4/15/2023
Sold Date6/8/2023
Terms AcceptedConventional
Source: SparkMLS
Tax Information
Annual Tax$7,770
State Equalized Value$389,290
Taxable Value$375,230
Parcel #0903435018
Source: Public Records
Legal Description
T4N, R10E, SEC 3 ORION SUMMER HOME CO'S SUB LOT 104
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael J Krausman
Luxury Living Real Estate
Frequently Asked Questions about 565 CENTRAL Drive, Lake Orion, MI 48362
What school district is 565 CENTRAL Drive, Lake Orion, MI 48362 in?
Per MLS# 20230027846, 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 type of financing is accepted for this listing?
Per MLS# 20230027846, the seller has indicated this property accepts the following financing types: Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230027846, the most recent reported annual property tax for 565 CENTRAL Drive, Lake Orion, MI 48362 is $7,770. 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 565 CENTRAL Drive, Lake Orion, MI 48362 eligible for USDA financing?
Per USDA Rural Development boundary data, 565 CENTRAL 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, 565 CENTRAL 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: Septic Tank. 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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Monthly payment$5,571
Principal & interest$5,571
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
565 CENTRAL Drive, Lake Orion, MI 48362
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Municipality
Lake Orion Village
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County
Oakland County
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