Lake Orion Homes with 1031 Exchange Financial terms

Welcome to Lake Orion, Michigan – a picturesque village nestled in the heart of Oakland County, where natural beauty meets vibrant community life. With its stunning lakes, lush parks, and charming downtown area, Lake Orion is not just a place to live, but a lifestyle to embrace. Known for its friendly atmosphere and strong sense of community, this delightful village offers a perfect blend of small-town charm and modern conveniences.

Lake Orion is home to a variety of recreational opportunities, including boating, fishing, and hiking, making it an ideal destination for outdoor enthusiasts. The scenic Lake Orion itself provides a stunning backdrop for summer activities, while the cozy downtown area boasts delightful shops, cafes, and local eateries that cater to every palate. Families will appreciate the excellent school system, while professionals enjoy easy access to major highways and nearby metropolitan areas.

For those considering real estate investment, Lake Orion is an attractive option, particularly with the benefits of a 1031 Exchange. This financial strategy allows investors to defer capital gains taxes on the sale of a property when reinvesting in another, making it an ideal opportunity for savvy buyers looking to expand their real estate portfolio. With a diverse range of homes available – from charming bungalows to elegant lakefront properties – Lake Orion presents a wealth of options for every lifestyle and budget.

Whether you’re seeking a serene retreat or a bustling community, Lake Orion is a hidden gem waiting to be discovered. Come explore the possibilities and find your perfect home in this enchanting village!

Newest Lake Orion Homes with 1031 Exchange Financial terms

$1,199,000

ACTIVE Status ⋅ 5 Beds ⋅ 4 Baths ⋅ 61006597 MLS

Waterfront, Lake Orion Schools. Over an acre with 244 feet on Mill Lake. 2,100 sq ft Inlaw quarters! Too many features to list here. 4 to 5 bedrooms plus an office depending on how you use the space above the 3 car attached garage. North light makes that bonus room ideal for an artist studio. Beautiful custom hardwood floors on entry level, TEAK in 675 sq ft Master Suite. Lower 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. 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. Gorgeous yard with 244 feet on Mill Lake (quite electric motors only) peaceful setting. 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 water heating. Lower level has in-floor heating. 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 room 17x12. See feature sheets for lots more.

2480 S Baldwin Road, Lake Orion

Listing Courtesy of Tepee Realty, Office Phone: 734-453-7000

$198,000

ACTIVE Status ⋅ 60990164 MLS

Waterfront in Oakland County, Lake Orion community & Schools. Has 249 feet on Mill Lake! Quite lake with no gas motors but electric motors are OK. 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 2 home sites. Owner will consider 1031 trade up to NNN leased investment. Note Builder's terms. Dream sitting in your newly built home watching the sun set over Mill Lake.

2400 S Baldwin Road, Lake Orion

Listing Courtesy of Tepee Realty, Office Phone: 734-453-7000

$3,499,999

ACTIVE Status ⋅ 60987051 MLS

9,210 SF crane-served industrial facility on 2.6 acres. Four (4) double bays with 14' powered overhead doors, 70' deep, including two dedicated crane bays. 7.5-ton CraneWerks overhead bridge crane (29'6" span, 2015 install on engineered reinforced footings). 2 Standard Bays with 10' overhead doors. Hunter front-end alignment, two 10,000-lb lifts, bulk oil system with digital counter meters throughout, Ingersoll Rand compressed air plumbed throughout, tube heaters, alarm, security cameras, full office/showroom. This business is anchored by recurring revenue from its fleet customer base which creates steady cash flow. The owner will sell the business and building consisting of 4 parcels totaling 2.6 acres for $3,499,999. They are also willing to sell the business separate for $753,000. 2015 comprehensive structural remodel: new roof, structural steel, decking, electrical, reinforced west wall for crane, raised ceiling height, and rebuilt north wall with new overhead doors. Stamped permit drawings + progress photos on file. LOCATION & CORRIDOR: 222 ft of frontage on the newly reconstructed Baldwin Road Boulevard - a $55M, 4-lane concrete, 5-roundabout project that won the 2022 APWA Michigan Project of the Year. Traffic count: 22,500+ ADT per RCOC May 2024; corridor engineered for 30,000 ADT. Five WB-67-rated roundabouts provide Class-8 tractor ingress/egress unavailable at most competing sites. 1.2 miles to I-75. Approximately 4 miles from GM Orion Assembly (currently undergoing $4B retool for Escalade/Silverado/Sierra production from 2027). SIGNAGE PREMIUM: 99 SF on-premises signage package - 3' Hyperion EMC LED digital display + 2' illuminated box sign. LED cabinet alone represents $40K-$60K fixture replacement value; delivers ~675,000 impressions per month at zero incremental cost, directly inside the 10-mile demand circle. Grandfathered signage permit on a corridor where new digital sign permits are increasingly restricted. UPSIDE & FLEXIBILITY: Excess land on the 2.6 acres (fleet storage, secondary stru

3880 S Baldwin Road, Lake Orion

Listing Courtesy of Realfi, Office Phone: 248-886-0000

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