$750,000
$45K PRICE DROP

173 N North Shore Dr Lake Orion, MI 48362

Estimated payment $4,849/month

Total Views 5,141
4 Beds
4 Baths
2,684 Sq Ft
$279 Price per Sq Ft

Highlights

  • 50 Feet of Waterfront
  • Dock Facilities
  • Deck
  • Paint Creek Elementary School Rated A-
  • Beach Access
  • Patio

About This Home

AMAZING VIEWS OF THE LAKE! Experience the splendor of 50' of pristine lakefront lifestyle with boating, fishing, swimming and various recreational activities, on all sports Lake Orion. Welcome home to this charming waterfront bungalow perfect for those seeking tranquility and comfort. Enjoy this friendly neighborhood ideal for bike rides and peaceful walks, giving you that vacation-like feeling every day. Wake up to breathtaking lake views in its luxurious primary suite, complete with five spacious closets and your own private bathroom. Living room has a gorgeous fireplace and plenty of sunlight to create a warm yet sophisticated living space. New updates include kitchen countertops and cabinetry, main level bathroom has a new ceiling, shower and tile flooring and primary bathroom has been totally remodeled with new shower, floor, ceiling & vanity. Add your own flare to the basement and create an entertainment area. Second bedroom in bsmt with walk-out patio. Three levels of waterfront decking with upper level retractable sun shade awning. Furniture is available for sale. Main waterfront dwelling is 1,464SF and the carriage house consists of an upper and lower apartment with two tenants and a total of 1,220SF. Each unit consists of: one bed, one bath, window air cond., hardwood flooring, appliances, and one parking spot under carport. Rent includes water, trash, & sewer. Zoning is for single family and all units are legal non-conforming uses. Live in the home and keep the tenants. The lake has a depth of approx. 80' and a surface area of 493 acres; surrounded by parks and trails. Considered a warm water lake with cool water species and has been known to produce good numbers of bluegill and largemouth bass. Enjoy walking distance to downtown for all your dining and entertaining fun. Golf courses and beaches close by. Spend evenings on the deck with friends and live the lake life!

Listing Agent

Susan Garbarino

Liberty Way Realty License #6501442516 Listed on: 06/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 1990

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 43x175x50x188
  • 50 Feet of Waterfront
  • Back Yard Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Bungalow
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,684 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Unfinished Basement
  • Basement Window Egress

Outdoor Features

  • Beach Access
  • Dock Facilities
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Dehumidifier
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0902332002

Community Details

Overview

  • 3 Units
  • Payne Axford's Add Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,901

Year Built

Built in 1926 | Remodeled in 1990

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 88.00
  • Year Built: 1926
  • State Equalized Value: 298900.0000
  • Year Renovated: 1990
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, De-Humidifier, Egress Window(s), High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished, Walk-Out Access
  • Sq Ft Combined: 2684
  • Total Sq Ft: 2684
  • Sq Ft Total Bsmt: 817

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Slab, Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Awning/Overhang(s), Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 43
  • Porch Type: Deck, Patio, Patio - Covered, Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 50.00
  • Waterfront Description: Beach Access, Direct Water Frontage
  • Fencing: Back Yard

Garage/Parking

  • MF Parking: Assigned, Carport
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 43x175x50x188
  • Parcel Number: 0902332002
  • Zoning: Multi-Family, Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection, Water
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 7452.0000
  • Tax Amount Winter: 1449.0000
  • Total Tax: 8901.0000
  • Taxable Value: 176700.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, DIRFRT
  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lake Orion

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,452 $298,900 $0 $0
2023 $7,111 $272,170 $0 $0
2022 $8,164 $229,810 $0 $0
2021 $7,820 $228,720 $0 $0
2020 $6,521 $216,000 $0 $0
2019 $5,521 $204,540 $0 $0
2017 $8,918 $200,110 $0 $0
2016 $0 $179,150 $0 $0
2015 -- $171,190 $0 $0
2014 -- $155,430 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $750,000 -5.7% $279 / Sq Ft
07/24/2025 07/24/25 For Sale $795,000 0.0% $296 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $795,000 -- $296 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Deed $211,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Commercial
Source: Public Records

Source: Realcomp

MLS Number: 20250032220

Realcomp