400 Coats Road $2,300,000

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    400 Coats Road Lake Orion, MI 48362

    • 97.50 Acres
    • Land
    • MLS# 60323415
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    Views: 25 Days On Site: 142

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    Property Details

    Rare, fantastic 97.5 acre parcel in Orion Township. Attention investors, developers, and sportsman - what an opportunity! North parcel consists mostly of high meadowland, with south parcel consisting of about 10% meadow and 90% hardwoods, softwoods, and some wetlands. Existing home that sits on the north parcel is currently rented, but tenants will be vacating July 31st, 2024. Excellent hunting property, multiple building sites, various development options, and so much more! Fantastic location to Lapeer Road, Baldwin & Joslyn Roads, Lake Orion, Oxford, Clarkston, and I-75. Truly a rare opportunity. Coats Road entrance at the sign has driveway to the home. Includes Tax ID 0905100010, which contains 82.42 acres more or less, making total acreage 97.5 acres, more or less. Aerial photos with boundary lines currently with documents online.

    • General Features
      • Style Vacant Land
      • Acreage 97.5
      • Area Municipality Orion Twp (63091)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Waterfront Y/N No
      • ZONING Residential
    • Property Features
      • Lot Size Irregular
      • Roads Gravel
      • Sewer Septic Septic
      • LOT DESCRIPTION Splits Available,Wooded
      • Water Private Well
    • Schools
      • School District Lake Orion Community Schools

    Neighborhood

    48362 (Lake Orion) Demographics

    43 Median Age
    1,356 Population Density (per sq. mile)
    51% College Educated
    $95,236 Estimated Median Income
    5,069 Estimated Total Home Owners
    927 Estimated Total Renters
    85% / 15% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    15,502 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $327,000 Median Sales Price
    16 Homes Sold
    9 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,300,000
        7/15/2024 10:54:00 AM New in Database Source: Multiple Listing Service New Value: $2,300,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.