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For sale
  • Price cut: $5.9K (6/26)
    $389,000

    865 N Lapeer Rd, Lake Orion, MI 48362

    3beds
    2,793sqft
    : 
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    Single Family Residence
    Built in 1960
    1 Acres Lot
    $384,500 Zestimate®
    $139/sqft
    $-- HOA

    What's special

    Lake Orion ranch on a full 1-acre lot with direct, year-round views of Manitou Lake. This 4-bed, 2.5-bath home offers approx. 1,593 sq ft above grade plus a finished walkout basement, providing flexible living and entertaining space in a highly desirable setting. Enjoy two fireplaces—one on each level—and a bright sunroom that captures natural light and lake views. Full walkout basement which could be used as a mother-in-law suite. A 2-car attached garage with a covered carport in front adds convenience, extra parking, and protection from the elements. The finished walkout lower level offers additional living space with direct access to the expansive backyard. Two storage sheds remain with the property, ideal for tools, lake gear, or hobbies. Exterior features include a low-maintenance brick and vinyl siding and plenty of open space for outdoor enjoyment or future improvements. Large shed with electricity and a workshop and a 2nd small smaller shed. Whole house generator. A rare opportunity to own acreage with true lake views, and a functional ranch layout—just minutes from downtown Lake Orion, parks, and top-rated schools.
    40 days
    |
    1,667
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James Gillen 248-935-2309,

    Liberty Way Realty 248-845-2669

    Source: Realcomp II,MLS#: 20261029359MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 132
      • Dimensions: 11 X 12
      Bedroom
      • Level: Entry
      • Area: 120
      • Dimensions: 12 X 10
      Bedroom
      • Level: Entry
      • Area: 132
      • Dimensions: 12 X 11
      Bedroom
      • Level: Basement
      • Area: 132
      • Dimensions: 12 X 11
      Other
      • Level: Entry
      Other
      • Level: Basement
      Other
      • Level: Entry
      Other
      • Level: Entry
      • Area: 140
      • Dimensions: 14 X 10
      Family room
      • Level: Basement
      • Area: 330
      • Dimensions: 30 X 11
      Other
      • Level: Entry
      • Area: 204
      • Dimensions: 17 X 12
      Kitchen
      • Level: Entry
      • Area: 165
      • Dimensions: 11 X 15
      Other
      • Level: Basement
      • Area: 90
      • Dimensions: 9 X 10
      Living room
      • Level: Entry
      • Area: 462
      • Dimensions: 33 X 14
      Living room
      • Level: Basement
      • Area: 330
      • Dimensions: 30 X 11
      Heating
      • Baseboard, Natural Gas
      Appliances
      • Included: Dryer, Free Standing Refrigerator, Washer
      Features
      • Basement: Finished,Walk Out Access
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total interior livable area: 2,793 sqft
      • Finished area above ground: 1,593
      • Finished area below ground: 1,200
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Two Car Garage, Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: GroundLevel
      • Pool features: None
      • Waterfront features: Lake Privileges, No Motor Lake
      • Body of water: Manitou Lake
      Lot
      • Size: 1 Acres
      • Dimensions: 218 x 199
      • Features: Easement, Water View
      Details
      • Additional structures: Sheds
      • Parcel number: 0902126003
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Basement, Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Lake Orion

      Financial & listing details

      • Price per square foot: $139/sqft
      • Tax assessed value: $95,820
      • Annual tax amount: $3,387
      • Date on market: 5/2/2026
      • Cumulative days on market: 40 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan

        Estimated market value

        $384,500

        $365,000 - $404,000

        $3,614/mo

        Price history

        DateEventPrice
        6/26/2026Price change$389,000-1.5%$139/sqft
        Source: Realcomp II #20261029359 Report a problem
        6/19/2026Price change$394,900-1.3%$141/sqft
        Source: Realcomp II #20261029359 Report a problem
        6/15/2026Listed for sale$399,900$143/sqft
        Source: Realcomp II #20261029359 Report a problem
        6/8/2026Pending sale$399,900$143/sqft
        Source: Realcomp II #20261029359 Report a problem
        5/20/2026Listed for sale$399,900$143/sqft
        Source: Realcomp II #20261029359 Report a problem
        5/17/2026Pending sale$399,900$143/sqft
        Source: Realcomp II #20261029359 Report a problem
        5/2/2026Listed for sale$399,900$143/sqft
        Source: Realcomp II #20261029359 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,145 +5%$170,710 +7.2%
        2023$2,996 +4.8%$159,260 +14.1%
        2022$2,860 +0.9%$139,590 +5.9%
        2021$2,833 $131,800 +4.7%
        2020-- $125,930 +3.7%
        2019$2,700 +7.1%$121,490 +7.5%
        2018$2,522 $113,060
        2017-- $113,060 +8.8%
        2016-- $103,960 +13.8%
        2015-- $91,390 +14.5%
        2014-- $79,790 +7.7%
        2011-- $74,080 -3.7%
        2010-- $76,960 -16.6%
        2009-- $92,320

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 48362

          Getting around

          33 / 100
          Car-Dependent
          42 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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