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Investment property with estimated $400,000+ profit potential. R-3 Zoning would allow for Four (4) waterfront new home sites in this prime time community. The McMansion at 5011 square feet Could be a profitable vacation rental as 1 or 2 units with approval of the Township. The numbers here are of potential corporate rent $7,500 for executive transfers into the metropolitan Detroit area, plus detached 3 car 1,000 sq ft garage to a local car collector. There are 2 recent surveys on the existing two (2) tax items. Profit potential is based upon combining both tax parcels into a request for splitting into five (5) tax items. One would continue as the 5011 square foot house, a second would include the detached 1000 square foot detached garage as a new home site, the balance ov vacant land petitioned into three (3) buildable sites. City water is installed in the house and is available across the street to the second tax item. Public sewer is within 500 feet of the vacant parcel and conveniently downhill. Investors are looking at this in multiple ways, the simplest profit plan maybe to purchase the large house, do a little upgrade and staging and sell for a minor profit. Before resale split the tax parcels into valuable Oakland County waterfront home sites. The owner is offering sellar financing on both or either tax parcels. Purchaser may want to consider buying the house with an option on the vacant land thus granting enough time for necessary municipal approvals. Note almost 500 feet of waterfront development land in Lake Orion School District!

20261069544 MLS ⋅ ACTIVE Status

Investment property with estimated $400,000+ profit potential. R-3 Zoning would allow for Four (4) waterfront new home sites in this prime time community. The McMansion at 5011 square feet Could be a profitable vacation rental as 1 or 2 units with approval of the Township. The numbers here are of potential corporate rent $7,500 for executive transfers into the metropolitan Detroit area, plus detached 3 car 1,000 sq ft garage to a local car collector. There are 2 recent surveys on the existing two (2) tax items. Profit potential is based upon combining both tax parcels into a request for splitting into five (5) tax items. One would continue as the 5011 square foot house, a second would include the detached 1000 square foot detached garage as a new home site, the balance ov vacant land petitioned into three (3) buildable sites. City water is installed in the house and is available across the street to the second tax item. Public sewer is within 500 feet of the vacant parcel and conveniently downhill. Investors are looking at this in multiple ways, the simplest profit plan maybe to purchase the large house, do a little upgrade and staging and sell for a minor profit. Before resale split the tax parcels into valuable Oakland County waterfront home sites. The owner is offering sellar financing on both or either tax parcels. Purchaser may want to consider buying the house with an option on the vacant land thus granting enough time for necessary municipal approvals. Note almost 500 feet of waterfront development land in Lake Orion School District!

2440, 2480, 2400 S Baldwin Road, Lake Orion

Waterfront, Lake Orion Schools. Over an acre with 244 feet on Mill Lake. 2,000 sq ft Inlaw quarters! Too many features to list. 4 to 5 bedrooms plus an office depending on how you use the space above the 3 car 1,000 sq ft attached garage. North light makes that bonus room ideal for an artist studio. Beautiful custom hardwood floors, TEAK in 675 sq ft Master Suite. Lower daylight walk out level, has Family Room, music nitch, Bar area, recreation area, full bath, 1 bedroom (lots of window space & 3 exits) office/library, Kitchen and large storage rooms. Lower level has in-floor heating. Beautiful custom tile work in 3 grade level baths. Elaborate master bedroom with walk in closet and extra large 5 piece bath with jet stream spa tub. Detached 1,000 sq ft 3 car garage with extra storage above and "plug in" for EV, motor home or travel trailer. 2 overhead doors but could easily fit 3 cars and a workshop. House interior recently painted. New HVAC, two high capacity gas on demand tankless water heaters. Three (3) fireplaces. EV plug in attached 1,100 sq ft 3 car garage with extra high ceiling wherein more storage could be added. Two large balconies, 13x10 off master bedroom the other 15x15 off the dinette. Great Room and Dining room could easily be seperated into 20x17 Living Room and formal Dining 17x12 room Gorgeous yard with 244 feet on Mill Lake (quite electric motors only) peaceful setting. Quite house due to professional landcaping berms and quality constructon. See feature sheets for lots more.

5 Beds ⋅ 4 Baths ⋅ 20261048154 MLS ⋅ ACTIVE Status

Waterfront, Lake Orion Schools. Over an acre with 244 feet on Mill Lake. 2,000 sq ft Inlaw quarters! Too many features to list. 4 to 5 bedrooms plus an office depending on how you use the space above the 3 car 1,000 sq ft attached garage. North light makes that bonus room ideal for an artist studio. Beautiful custom hardwood floors, TEAK in 675 sq ft Master Suite. Lower daylight walk out level, has Family Room, music nitch, Bar area, recreation area, full bath, 1 bedroom (lots of window space & 3 exits) office/library, Kitchen and large storage rooms. Lower level has in-floor heating. Beautiful custom tile work in 3 grade level baths. Elaborate master bedroom with walk in closet and extra large 5 piece bath with jet stream spa tub. Detached 1,000 sq ft 3 car garage with extra storage above and "plug in" for EV, motor home or travel trailer. 2 overhead doors but could easily fit 3 cars and a workshop. House interior recently painted. New HVAC, two high capacity gas on demand tankless water heaters. Three (3) fireplaces. EV plug in attached 1,100 sq ft 3 car garage with extra high ceiling wherein more storage could be added. Two large balconies, 13x10 off master bedroom the other 15x15 off the dinette. Great Room and Dining room could easily be seperated into 20x17 Living Room and formal Dining 17x12 room Gorgeous yard with 244 feet on Mill Lake (quite electric motors only) peaceful setting. Quite house due to professional landcaping berms and quality constructon. See feature sheets for lots more.

2480 S Baldwin Road, Lake Orion

Waterfront land in Oakland County, Lake Orion community & Schools. Has 249 feet on Mill Lake! Quite lake with no gas motors but electric motors are allowed. This R-3 zoning allows for a potential of Three (3) building sites. Have lots of fun with kayaks, rafts, canoes and swimming. For showing purposes use the driveway at 2480 S. Baldwin until that house is sold. Grass down to the beach at this point. Little bit of sandy beech available with a rototiller. Note that this adjoins public owned land to the north of subject. The house to the south is on acreage, so there is privacy for your new dream home.The legal at assessor's office is abbreviated; use the recent survey for legal. The sewer at the street is north at about 500 feet. Water is at the street.. The sewer map is on file. "For sale" decisions are made by family in 3 states so please allow 2 full business days for any response. This R-3 zoning does allow for three (3) home sites. Owner will consider 1031 trade up to NNN leased investment. Note Builder's terms. Will consider "creative financing".Dream sitting in your newly built home watching the sun set over Mill Lake.

20261030782 MLS ⋅ ACTIVE Status

Waterfront land in Oakland County, Lake Orion community & Schools. Has 249 feet on Mill Lake! Quite lake with no gas motors but electric motors are allowed. This R-3 zoning allows for a potential of Three (3) building sites. Have lots of fun with kayaks, rafts, canoes and swimming. For showing purposes use the driveway at 2480 S. Baldwin until that house is sold. Grass down to the beach at this point. Little bit of sandy beech available with a rototiller. Note that this adjoins public owned land to the north of subject. The house to the south is on acreage, so there is privacy for your new dream home.The legal at assessor's office is abbreviated; use the recent survey for legal. The sewer at the street is north at about 500 feet. Water is at the street.. The sewer map is on file. "For sale" decisions are made by family in 3 states so please allow 2 full business days for any response. This R-3 zoning does allow for three (3) home sites. Owner will consider 1031 trade up to NNN leased investment. Note Builder's terms. Will consider "creative financing".Dream sitting in your newly built home watching the sun set over Mill Lake.

2400 S Baldwin Road, Lake Orion