$475,000
$169K PRICE DROP

775 Central Dr Lake Orion, MI 48362

Estimated payment $3,472/month

Total Views 91,544
2 Beds
2 Baths
748 Sq Ft
$635 Price per Sq Ft

Highlights

  • 40 Feet of Waterfront
  • Spa
  • Deck
  • Paint Creek Elementary School Rated A-
  • Lake Privileges
  • 2-Story Property

About This Home

Welcome to 775 Central Dr, an exceptional lakefront retreat in the heart of Lake Orion, Michigan! Nestled on the shores of a beautiful all-sports lake, this home offers the perfect blend of modern living and serene, lakeside charm. Imagine waking up every day to breathtaking lake views and ending each evening with the most stunning sunsets right from your own backyard.

Recently remodeled, this home boasts a contemporary, open-concept design with high-end finishes throughout. The spacious, light-filled living areas are perfect for both relaxing and entertaining. Step into the gourmet kitchen where sleek countertops and premium appliances make cooking a joy, while large windows let you take in the scenic beauty of the water beyond.

One of the standout features is the walkout basement that leads directly to the lake, offering easy access to your private boat slip. Whether you’re into boating, fishing, kayaking, or just soaking up the sun on the water, this home provides all the essentials for living the ultimate lake life.

The outdoor space is equally impressive, with a deck and patio perfect for summer barbecues or peaceful mornings with a cup of coffee. This is more than just a home—it's a lifestyle. From thrilling water sports to quiet moments by the shore, 775 Central Dr offers a rare opportunity to enjoy year-round lakefront living.

If you've been dreaming of a life where every day feels like a vacation, this is your chance. Make this lakefront paradise your forever home and embrace all that Lake Orion has to offer!

Listing Agent

kevin Weedmark

HomeMark Realty Group LLC License #6502292292 Listed on: 10/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 45
  • 40 Feet of Waterfront
  • Lake Front

Home Design

  • 748 Sq Ft Home
  • 2-Story Property
  • Block Foundation
  • Poured Concrete
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 0903434004

Community Details

Overview

  • No Home Owners Association
  • Orion Summer Home Co's Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,305

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 2 Story
  • Assessment: 4953.00
  • Year Built: 1950
  • State Equalized Value: 175290.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Sq Ft Combined: 1496
  • Sq Ft Lower Floor: 748
  • Total Sq Ft: 748
  • Sq Ft Total Bsmt: 748

Exterior Features

  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Spa/Hot-tub
  • Foundation Materials: Block, Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Deck, Patio, Porch, Patio - Covered, Covered
  • Road Frontage Type: Gravel, Paved
  • Water Frontage Feet: 40.00
  • Waterfront Description: Lake Front, Lake Privileges

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 x 45
  • Parcel Number: 0903434004

Tax Info

  • Tax Amount Summer: 10083.0000
  • Tax Amount Winter: 1222.0000
  • Total Tax: 11305.0000
  • Taxable Value: 143390.0000

Multi Family

  • Waterfront Features: All Sports Lake

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 $10,083 $175,290 $0 $0
2023 $5,009 $159,300 $0 $0
2022 $5,948 $133,210 $0 $0
2021 $5,690 $132,550 $0 $0
2020 $4,600 $124,190 $0 $0
2019 $2,908 $105,700 $0 $0
2018 $4,317 $102,780 $0 $0
2017 $3,908 $102,780 $0 $0
2016 $3,883 $91,310 $0 $0
2015 -- $86,310 $0 $0
2014 -- $78,570 $0 $0
2011 -- $54,630 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Price Changed $475,000 -7.8% $635 / Sq Ft
07/30/2025 07/30/25 Price Changed $515,000 -6.4% $689 / Sq Ft
04/17/2025 04/17/25 Price Changed $549,999 -3.2% $735 / Sq Ft
03/19/2025 03/19/25 Price Changed $567,999 -0.4% $759 / Sq Ft
01/17/2025 01/17/25 Price Changed $569,999 -4.8% $762 / Sq Ft
12/09/2024 12/09/24 Price Changed $599,000 -3.2% $801 / Sq Ft
11/07/2024 11/07/24 Price Changed $619,000 -3.9% $828 / Sq Ft
10/19/2024 10/19/24 For Sale $644,000 -- $861 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 First American Title Ins Co
Warranty Deed $160,000 None Available
Warranty Deed $145,000 Abstract Title Agency
Deed $153,000 Attorneys Title Agency Llc
Quit Claim Deed -- None Available
Sheriffs Deed $261,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,000 Stand Alone Refi Refinance Of Original Loan
Closed $292,500 New Conventional
Previous Owner $172,600 Adjustable Rate Mortgage/ARM
Previous Owner $47,000 Credit Line Revolving
Previous Owner $128,000 New Conventional
Previous Owner $145,350 Purchase Money Mortgage
Previous Owner $231,800 Unknown
Previous Owner $49,000 Credit Line Revolving
Previous Owner $223,200 Fannie Mae Freddie Mac
Previous Owner $27,900 Stand Alone Second
Source: Public Records

Source: Realcomp

MLS Number: 20240076655

Realcomp

APN: 09-03-434-004