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.
Sold for $325,000
$325,000
481 Heights Rd, Lake Orion, MI 48362
2beds
1,081sqft
Single Family Residence
Built in 1930
6,969 Square Feet Lot
$333,700 Zestimate®
$301/sqft
$1,734 Estimated rent
Home value
$333,700
$314,000 - $354,000
$1,734/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kristin Berry 248-860-9146,
Epique Realty
Bought with:
Thomas Toteff, 6501435291
Berkshire Hathaway HomeServices Kee Realty
Source: Realcomp II,MLS#: 20251010650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Bedroom
- Level: Second
- Area: 252
- Dimensions: 28 X 9
Other
- Level: Entry
- Area: 40
- Dimensions: 8 X 5
Great room
- Level: Entry
- Area: 396
- Dimensions: 22 X 18
Kitchen
- Level: Entry
- Area: 120
- Dimensions: 15 X 8
Heating
- Baseboard, Wall Furnace, Wood
Cooling
- Ceiling Fans
Appliances
- Included: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Wine Refrigerator, Washer Dryer Allin One
Features
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Burning, Wood Burning Stove
Interior area
- Total interior livable area: 1,081 sqft
- Finished area above ground: 1,081
Property
Parking
- Parking features: Driveway, No Garage
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Patio & porch: Deck
- Pool features: None
- On waterfront: Yes
- Waterfront features: Acrossthe Road Water Frontage, All Sports Lake, Boat Facilities, Dock Facilities, Lake Front, Private Water Frontage, Seawall, Waterfront
- Body of water: Lake Orion
Lot
- Size: 6,969 Square Feet
- Dimensions: 40 x 154 x 40 x 142
Details
- Parcel number: 0911307011
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities
Community & HOA
Community
- Subdivision: UNIVERSITY- ORION TOWNSHIP
HOA
- Has HOA: No
Location
- Region: Lake Orion
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $73,220
- Annual tax amount: $3,034
- Date on market: 6/24/2025
- Cumulative days on market: 107 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $325,000$301/sqft |
Source:  Realcomp II #20251010650 Report a problem | ||
| 10/18/2025 | Pending sale | $325,000$301/sqft |
Source: Realcomp II #20251010650 Report a problem | ||
| 9/3/2025 | Price change | $325,000-7.1%$301/sqft |
Source: Realcomp II #20251010650 Report a problem | ||
| 8/19/2025 | Price change | $350,000-6.7%$324/sqft |
Source: Realcomp II #20251010650 Report a problem | ||
| 7/24/2025 | Price change | $375,000-6.3%$347/sqft |
Source: Realcomp II #20251010650 Report a problem | ||
| 6/24/2025 | Listed for sale | $400,000+400%$370/sqft |
Source: Realcomp II #20251010650 Report a problem | ||
| 12/28/2012 | Sold | $80,000-19.9%$74/sqft |
Source:  MiRealSource #31109231 Report a problem | ||
| 7/18/2012 | Price change | $99,900-13.1%$92/sqft |
Source: COLDWELL BANKER WEIR MANUEL-RO #212067455 Report a problem | ||
| 7/3/2012 | Listed for sale | $115,000-30.7%$106/sqft |
Source: COLDWELL BANKER WEIR MANUEL-RO #212067455 Report a problem | ||
| 11/19/1999 | Sold | $166,000+17.3%$154/sqft |
Source: Public Record Report a problem | ||
| 10/2/1996 | Sold | $141,500$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,035 +18.3% | $187,110 +10.6% |
| 2024 | $2,566 +4.6% | $169,150 +11.6% |
| 2023 | $2,453 +4.7% | $151,590 +17.6% |
| 2022 | $2,343 +1% | $128,940 +3% |
| 2021 | $2,319 | $125,170 +13.8% |
| 2020 | -- | $109,980 +6.6% |
| 2019 | $2,127 -4.3% | $103,150 +0.3% |
| 2018 | $2,223 | $102,850 |
| 2017 | -- | $102,850 +10.9% |
| 2016 | -- | $92,780 +11.8% |
| 2015 | -- | $82,980 +9.2% |
| 2014 | -- | $75,980 +50.1% |
| 2011 | -- | $50,620 -24.2% |
| 2010 | -- | $66,770 -14.4% |
| 2009 | -- | $77,990 +2.8% |
| 2003 | -- | $75,860 +8.1% |
| 2002 | -- | $70,160 +11.1% |
| 2001 | $2,954 +71% | $63,130 +1.8% |
| 2000 | $1,727 | $61,990 |
Find assessor info on the county website
Neighborhood: 48362
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Nearby schools
GreatSchools rating
- 8/10Orion Oaks Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10Oakview Middle SchoolGrades: 6-8Distance: 3.8 mi
- 8/10Lake Orion Community High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$333,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$333,700
- Michigan
- Oakland County
- Orion
- 48362
- 481 Heights Rd
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