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 on 11/14/25
$325,000
481 Heights Rd, Lake Orion, MI 48362
2beds
1,081sqft
Single Family Residence
Built in 1930
6,969.6 Square Feet Lot
$326,600 Zestimate®
$301/sqft
$1,754 Estimated rent
Home value
$326,600
$310,000 - $343,000
$1,754/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 05:47am
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
- 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 sqft
- 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 & neighborhood
Location
- Region: Lake Orion
- Subdivision: UNIVERSITY- ORION TOWNSHIP
Other
Other facts
- 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 | ||
| 10/18/2025 | Pending sale | $325,000$301/sqft |
Source: Realcomp II #20251010650 | ||
| 9/3/2025 | Price change | $325,000-7.1%$301/sqft |
Source: Realcomp II #20251010650 | ||
| 8/19/2025 | Price change | $350,000-6.7%$324/sqft |
Source: Realcomp II #20251010650 | ||
| 7/24/2025 | Price change | $375,000-6.3%$347/sqft |
Source: Realcomp II #20251010650 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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% |
Find assessor info on the county website
Neighborhood: 48362
Nearby schools
GreatSchools rating
- 8/10Orion Oaks Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 7/10Oakview Middle SchoolGrades: 6-8Distance: 3.8 mi
- 9/10Lake Orion Community High SchoolGrades: 9-12Distance: 1.6 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$326,600
2% more+ $6,532
With Zillow Showcase(estimated)
$333,132