For sale

$415,000

40 Park Island Dr #4, Lake Orion, MI 48362

2beds

1,331sqft

$3,327/mo

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Condominium

Built in 1998

-- sqft lot

$397,300 Zestimate^®

$312/sqft

$150/mo HOA

What's special

Experience Lakefront Living in this spacious 2 bedroom 2 full bath condo overlooking stunning ALL SPORTS Lake Orion. Open concept layout designed for comfortable Lakefront Living and entertainment. Great Room features a gas fireplace. Primary suite offers privacy and direct access to new expansive Trex balcony perfect for enjoying your morning coffee or relax to the gorgeous sunsets. Open concept kitchen with center island, stainless steel newer appliances. 9 ft ceiling. Private boat slip and shed for extra storage. Walking distance to downtown Lake Orion, parks, trails, restaurants, shopping entertainment and more. 24 hour notice to show. Currently tenant occupied. Why rent when you and own and enjoy the Lake Orion lifestyle.

4 days
480
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Second
Area: 210
Dimensions: 14 X 15

Bedroom

Level: Second
Area: 132
Dimensions: 11 X 12

Primary bathroom

Level: Second
Area: 54
Dimensions: 6 X 9

Other

Level: Entry
Area: 45
Dimensions: 5 X 9

Kitchen

Level: Second
Area: 169
Dimensions: 13 X 13

Laundry

Level: Entry
Area: 4
Dimensions: 2 X 2

Heating

Forced Air, Natural Gas

Cooling

Ceiling Fans, Central Air

Appliances

Included: Disposal, Free Standing Electric Oven, Free Standing Refrigerator, Microwave, Range Hood, Stainless Steel Appliances, Washer Dryer Stacked
Laundry: Laundry Room

Features

High Speed Internet
Has basement: No
Has fireplace: Yes
Fireplace features: Gas, Great Room

Interior area

Total interior livable area: 1,331 sqft
Finished area above ground: 1,331

Video & virtual tour

Property

Parking

Parking features: Assigned 2 Spaces, No Garage

Features

Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Patio & porch: Deck
Exterior features: Grounds Maintenance, Lighting, Private Entrance
On waterfront: Yes
Waterfront features: All Sports Lake, Direct Water Frontage, Dock Facilities, Lake Front, Lake Privileges, Seawall, Waterfront
Body of water: Lake Orion

Lot

Features: Water View

Details

Parcel number: 0911226064
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: Condo
Architectural style: Colonial
Property subtype: Condominium

Materials

Brick, Vinyl Siding
Foundation: Slab
Roof: Asphalt

Condition

New construction: No
Year built: 1998

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detectors
Subdivision: PARK ISLAND CONDO

HOA

Has HOA: Yes
HOA fee: $150 monthly

Location

Region: Lake Orion

Financial & listing details

Price per square foot: $312/sqft
Tax assessed value: $138,900
Annual tax amount: $6,201
Date on market: 9/4/2026
Cumulative days on market: 4 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$397,300

$377,000 - $417,000

$2,304/mo

Price history

Date	Event	Price
9/4/2026	Listed for sale	$415,000$312/sqft
Source: Realcomp II #20261071495 Report a problem
10/14/2025	Listing removed	$2,300$2/sqft
Source: Realcomp II #20251012512 Report a problem
9/26/2025	Price change	$2,300-33.3%$2/sqft
Source: Realcomp II #20251012512 Report a problem
9/22/2025	Price change	$3,450+50%$3/sqft
Source: Realcomp II #20251012512 Report a problem
9/19/2025	Price change	$2,300-8%$2/sqft
Source: Realcomp II #20251012512 Report a problem
8/28/2025	Price change	$2,500-10.7%$2/sqft
Source: Realcomp II #20251012512 Report a problem
6/27/2025	Listed for rent	$2,800$2/sqft
Source: Realcomp II #20251012512 Report a problem