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Lake Orion Lakefront Real Estate Sales
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Lake Orion Michigan Lakefront Real Estate Sales.
Lake Orion is a 470 acre all sports lake that is in both the Village of Lake Orion and the Township of Orion Michigan. Lake Orion is a public lake with a public access off Indianwood Rd, just west of M-24.
The housing on Lake Orion is a mixture of cottages, cottages that have been re-built into larger, year 'round houses, and newer homes. Like the rest of Lake Orion, the housing market on Lake Orion has been hit with its share of foreclosures and short sales and a general drop in housing prices overall.
In 2003 the lowest priced sale on Lake Orion was $225,000 (per the MLS). In 2009 prices ranged from $80,000 - $848,318. In 2010 sale prices have ranged from $69,100 - $370,000 and in 2011 sale prices ranged from $41,000-$456,000.
In 2009 there were 18 lakefronts sold on Lake Orion- 8 bank owned. In 2010 there were 27 lakefronts sold (and closed per Realcomp II MLS) and 12 were bank owned, 3 short sales, and 12 normal sales. In 2010 there was only 1 sale under $100,000; 3 sales under $100,000 in 2009. On July 21, 2011 there were 6 sales pending on Lake Orion with asking prices ranging from $64,900 - $389,900- 4 of them short sale listings and no bank owned listings.
There were also 19 active listings with asking prices ranging from $86,000 - $1,745,000- 2 bank owned listings and only no short sale listings.
Lake Orion has a pretty interesting history with its start beginning in 1829, when a sawmill was built across the beginning of Paint Creek, which eventually transformed six small lakes into what we know today as Lake Orion.
In 1872 the railroad came to Lake Orion, making it easier for people to enjoy the beauty of Lake Orion. In 1874 a group of investors purchased what is now present day Park Island, and during the 1870's a dance hall was constructed on Park Island as well as a 100 foot long reception hall that was topped with an eighty foot high observation tower. At that time there were 4 daily train trips through Lake Orion bringing thousands of people.
The 1880's saw a second rail system moving north from Pontiac to Port Austin through Lake Orion.
The 1890's saw the purchase of Spencer's Island (present day Bellevue Island), the construction of the Bellevue Hotel, and an auditorium that seated 2250 people.
The first Marine Postal Center was established in 1905, delivering mail to over three hundred cottages on the lake and islands. In 1911 Park Island changed ownership and was revamped as a light amusement center with a dance hall and some rides including a roller coaster.
Lake Orion's days as a resort town came to an end with the onset of the Great Depression. The automobile allowed people to travel further north and Lake Orion's summer population dropped steadily.
The 40's saw the real beginning of the area building more permanent residences. When the U.S. entered World War II many factories in Pontiac became munitions plant employing many Orion residents. St. Joseph Catholic Church was completed in 1940. Bald Mountain State Recreation Area began operation in 1947. Anderson Chevrolet-Buick-Pontiac dealership opened in 1948.
In the late 1980's or 1990 there was a Bassmaster Tournament on Lake Orion. 2010 saw the first annual Dragon Boat Race. It's rumored that the Purple Gang had a cottage back during their heyday during prohibition.
Jackie Hawley
Cell: (248) 736-6407
Toll Free: 1-800-401-1444
Jackie@JackieHawley.com
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Lake Orion Lakefront Home Sales 2012
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Address |
sq. ft. |
basement |
2012 SP |
terms |
Sale Type |
previous SP |
previous SP |
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223 Lookout Ln |
900 |
crawl |
$70,000 |
cash |
short sale |
2006- $183,000 |
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1079 Arbroak Way |
1686 |
unfin standard |
$195,000 |
conv |
bank owned |
1999- $257,500 |
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Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported
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Lake Orion Lakefront Home Sales 2011
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Address |
sq. ft. |
basement |
2011 SP |
terms |
Sale Type |
previous SP |
previous SP |
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450 Shorewood Ct |
435 |
mich basement |
$41,000 |
cash |
bank owned |
2000- $89,000 |
1993- $52,000 |
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451 Heights Rd |
1080 |
mich basement |
$41,000 |
cash |
bank owned |
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452 Shorewood Ct |
525 |
fin walk out |
$55,150 |
cash |
bank owned |
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138 Shorewood Ct |
784 |
crawl |
$77,500 |
cash |
bank owned |
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778 Central Dr |
1982 |
slab |
$85,000 |
cash |
bank owned |
2003- $295,000 |
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344 Heights |
900 |
crawl |
$96,000 |
LC |
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2005- $205,000 |
2004- $189,900 |
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58 Victoria Island |
1584 |
unfinished standard |
$110,000 |
LC |
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326 Bellevue |
1435 |
unfin standard |
$111,000 |
conv |
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317 Park |
1512 |
? |
$120,000 |
conv |
bank owned |
2004-$259,900 |
1999- $200,000 |
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851 Fairview |
968 |
? |
$135,000 |
FHA |
short sale |
2002- $190,000 |
1998- $130,000 |
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411 North Shore |
1477 |
unfin standard? |
$135,000 |
cash |
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876 W Pine Tree |
800 |
fin walk out |
$159,900 |
FHA |
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350 Oak |
1437 |
finished basement |
$167,000 |
FHA |
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2000- $196,500 |
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70 Highland |
1400 |
fin walk out |
$172,000 |
FHA |
short sale |
2002- $272,900 |
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409 Shady Oaks |
2470 |
fin standard |
$195,000 |
FHA |
short sale |
1999- $353,560 |
1997- $300,000 |
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459 North Shore |
1398 |
crawl |
$198,500 |
cash |
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614 Detroit |
1560 |
fin walk out |
$255,500 |
conv |
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2003- $304,900 |
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1255 Lake Shore |
2974 |
part fin standard |
$280,000 |
conv |
short sale |
2003- $490,000 |
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131 Park Island |
1296 |
fin walk out |
$309,900 |
conv |
short sale |
2007- $428,750 |
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876 Heights |
1947 |
part fin walk out |
$310,000 |
conv |
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1329 Marina Pointe |
3002 |
fin walk out |
$325,000 |
conv |
short sale |
1996-$361,290 |
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495 Indianwood Rd |
2236 |
1984 |
$329,50 |
conv |
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2000- $405,000 |
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1323 Lake Shore Blvd |
2724 |
fin walk out |
$355,000 |
conv |
short sale |
2005- $560,000 |
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1441 Marina Pointe |
3017 |
fin walk out |
$357,000 |
conv |
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1996-$400,275 |
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1359 Lake Shore |
3016 |
fin walk out |
$365,000 |
conv |
short sale |
$365,000 |
2003- $480,000 |
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327 North Shore |
1656 |
slab |
$375,000 |
conv |
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2008- $229,000 |
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189 S Andrews |
2624 |
fin walk out |
$389,108 |
conv |
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2004- $635,000 |
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423 North Shore |
2020 |
fin daylight |
$399,000 |
conv |
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2006- $386,000 |
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856 Island Pt |
2323 |
fin walk out |
$425,000 |
conv |
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2004- $525,000 |
1996- $290,000 |
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1200 Lakeshore Blvd |
3009 |
fin walk out |
$435,000 |
conv |
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1998- $550,000 |
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825 W Pine Tree |
2848 |
fin walk out |
$456,000 |
conv |
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1999- $319,900 |
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Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported
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Lake Orion Lakefront Homes For Sale
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Lake Orion Lakefront Real Estate Sales 2010
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Address |
sq. ft. |
2010 SP |
Terms |
Sale Type |
previous SP |
previous SP |
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24 Highland |
1872 |
69,100 |
cash |
bank owned |
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753 Central |
1626 |
$100,000 |
cash |
bank owned |
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526 Bellevue |
1188 |
$101,0000 |
conv |
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1999- $168,000 |
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384 Shorewood |
768 |
$109,610 |
FHA |
short sale |
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90 Shorewood Ct |
912 |
$124,000 |
conv |
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2009- $93,000 |
1998- $150,000 |
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658 Victoria Island |
960 |
$129,000 |
LC |
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670 Fernhurst |
1179 |
$137,525 |
FHA |
bank owned |
2002- $294,000 |
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400 Bellevue |
907 |
$139,900 |
cash |
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2001- $238,000 |
1999- $183,000 |
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740 King Cir |
1941 |
$142,000 |
cash |
bank owned |
2005- $390,000 |
1996- $190,000 |
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232 S Broadway |
3044 |
$145,000 |
cash |
bank owned |
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231 Bellevue |
1339 |
$146,100 |
cash |
bank owned |
2003- $260,000 |
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458 Shorewood Ct |
1304 |
$147,000 |
FHA |
bank owned |
2003- $327,500 |
1999- $240,000 |
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330 Pine Tree |
1460 |
$155,000 |
FHA |
bank owned |
1997- $245,000 |
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923 Pine Tree |
1768 |
$159,390 |
cash |
bank owned |
1997- $360,000 |
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803 Fairview |
1297 |
$160,500 |
cash |
bank owned |
2005- $270,000 |
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290 Bellevue |
1600 |
$175,000 |
conv |
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109 Indianwood |
1764 |
$184,300 |
conv |
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300 Pine Tree |
1718 |
$190,000 |
FHA |
short sale |
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512 Fernhurst Ct |
981 |
$225,000 |
conv |
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1410 Heights |
2400 |
$230,000 |
conv |
bank owned |
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1242 Heights |
2110 |
$262,000 |
conv |
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415 Shady Oaks |
1528 |
$270,000 |
conv |
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1275 Lake Shore Blvd |
2466 |
$286,000 |
conv |
bank owned |
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1356 Marina Pointe |
3122 |
$289,900 |
FHA |
bank owned |
1996- $378,281 |
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224 Park Island |
1463 |
$330,000 |
conv |
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2009- $269,000 |
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47 Sheron |
2036 |
$335,000 |
conv |
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2002- $430,000 |
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71 Crescent |
3500 |
$350,000 |
cash |
short sale |
2006- $550,000 |
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1285 Lake Shore |
3146 |
$370,000 |
conv |
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2005- $555,000 |
2001- $510,000 |
Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported
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Sales in 2009
| Address | sq. ft. | 2009 sale price | Sale Type | previous sale price | previous sale price |
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| 523 Bellevue | 1020 | $80,000- March | bank owned | 1998- $130,000 | |
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| 90 Shorewood Ct | 912 | $92,395- May | bank owned | 1998- $150,000 | |
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| 601 Central | 917 | $98,601- Dec | bank owned | | |
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| 110 Shorewood Ct | 1234 | $114,100- July | | | |
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| 220 Bellevue | 1716 | $132,200- Oct | bank owned | 2000- $260,000 | |
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| 587 Westpointe Ct | 1282 | $135,000- July | | | |
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| 426 North Shore | 1774 | $156,500- June | bank owned | 2003- $283,000 | |
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| 588 Longpointe | 1490 | $165,000- April | bank owned | | |
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| 638 Buena Vista | 2655 | $165,375- Oct | bank owned | 2007- $439,000 | 2000- $350,000 |
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| 56 Highland | 1984 | $172,500- May | bank owned | 2005- $285,000 | 1997- $228,000 |
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| 600 Buena Vista | 1911 | $182,500- Aug | | | |
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| 341 Indianwood Rd | 1139 | $193,200- July | | | |
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| 461 Bellevue | 1256 | $221,500- Aug | | | |
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| 497 Bellevue | 1768 | $240,000- Nov | | 2008- $218,360 | 2006- $459,000 |
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| 910 Pine Tree | 1249 | $254,900- July | | | |
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| 589 Central | 1932 | $325,000- Sept | | 2001- $368,500 | 1998- $330,000 |
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| 1357 Marina Pointe | 2446 | $340,000- Sept | | 2000- $355,000 | 1995- $293,350 |
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| 320 Park Island Dr | 3451 | $848,318- Aug | | 2008- $750,000 | |
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Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported |
Sales in 2003
| Address | sq. ft. | 2003 sale price |
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| 20 Highland | 1169 | $225,000 |
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| 100 Shorewood Ct | 1065 | $239,900 |
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| 742 Central | 2090 | $247,200 |
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| 384 Bellevue | 980 | $255,000 |
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| 328 S Broadway | 1346 | $275,000 |
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| 449 Algene | 1414 | $275,000 |
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| 426 North Shore Dr | 1900 | $283,000 |
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| 754 King Circle | 1918 | $295,000 |
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| 614 Detroit | 1560 | $304,900 |
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| 839 W Pine Tree | 1820 | $319,900 |
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| 559 Central | 1800 | $375,000 |
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| 1112 Leidich | 2392 | $405,000 |
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| 1016 Arbroak Way | 1600 | $464,900 |
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| 142 Highland | 4224 | $465,000 |
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| 596 Longpointe Dr | 1829 | $475,000 |
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| 1359 Lake Shore Blvd | 3016 | $480,000 |
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| 599 Central | 2160 | $480,000 |
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| 1255 Lake Shore Blvd | 2935 | $490,000 |
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| 864 Island Pointe | 2825 | $490,000 |
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| 1239 Lake Shore Blvd | 4851 | $580,000 |
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| 51 Sheron | 2000 | $610,000- July |
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| 51 Sheron | 2668 | $635,000- Dec |
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| 480 Cushing | 2135 | $715,000 |
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Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported 51 Sheron is showing as sold twice in the same year with different square footage- I'm just reporting what shows in the MLS and can't verify the accuracy of the reporting. There could have been a mistake on one of the listings for 51 Sheron or there could have been an addition. |
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Lake Orion, Lake Orion
Long Lake, Lake Orion
Voorheis Lake, Lake Orion
Lakeville Lake, Addison Twp
Lake Oakland, Clarkston and Waterford
Woodhull Lake, Clarkston and Waterford
Maceday Lake, Clarkston and Waterford
Lotus Lake, Clarkston and Waterford
Deer Lake, Clarkston
Pontiac Lake, Waterford and White Lake
Sylvan/Otter Lakes, Waterford and Sylvan Lake
Silver Lake, Waterford
Lower Straits, Commerce Twp
Middle Straits
Union Lake
Manitou, Lake Orion/Oxford
Indianwood Lake, Lake Orion
Indian Lake, Addison/Oakland Townships
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