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.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Eclipse Clarkston
Office Phone: (248) 599-3124
Listing Agent: Randy Miller, Jennifer L Miller
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Level, Wetlands, Wooded
Lot Size: 97.50 Acres
Other
Directions Information:
Directions: Indian Lake Road to north on Coats Road to sign.
Price Information
Listing Price Info
Price Summary:
List Price: $2,300,000
Tax Information:
Annual Amount: $9,460
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lake Orion, MI.
This property is $1.9M more than the Median Sold Price in Lake Orion, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240047466
Listing Office:
Office Name: RE/MAX Eclipse Clarkston
Office Phone: (248) 599-3124
Listing Agent: Randy Miller, Jennifer L Miller
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Paint Creek Elementary School
2800 Indianwood Rd
Distance between this listing and this school0.67 miles
Public District Grades KG-5
8
/10
Clear Lake Elementary School
2085 W Drahner Rd
Distance between this listing and this school1.24 miles
Public District Grades PK-5
8
/10
Webber Elementary School
3191 W Clarkston Rd
Distance between this listing and this school1.99 miles
Public District Grades KG-5
Nearby Schools
7
/10
Waldon Middle School
2509 Waldon Rd
Distance between this listing and this school4.09 miles
Public District Grades 6-8
5
/10
Oxford Middle School
1420 E Lakeville Rd
Distance between this listing and this school4.30 miles
Public District Grades 6-8
8
/10
Scripps Middle School
385 E Scripps Rd
Distance between this listing and this school4.56 miles
Public District Grades 6-8
Nearby Schools
5
/10
Oxford Virtual Academy
168 S Washington St
Distance between this listing and this school3.30 miles
Public District Grades KG-12
6
/10
Oxford High School
745 N Oxford Rd
Distance between this listing and this school4.08 miles
Public District Grades 9-12
4
/10
Oxford Bridges High School
1420 E Lakeville Rd
Distance between this listing and this school4.30 miles
The neighbors living near this home have an average income of $119,608. Typical income of Lake Orion, MI residents is between $100k-200k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 400 Coats Rd
What is the listing price of this property?
The listing price of 400 Coats Rd property is $2,300,000.
What type of property is this?
The property 400 Coats Rd is land located in Lake Orion, Michigan, 48362.
Is this property for sale now?
Active Listing: 400 Coats Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,460 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 10, 2020 for $250,000. (source: MLS/tax record).
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This home is located at 400 Coats Rd in Lake Orion, MI and zip code 48362. This home sits on a 97.50 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $2,300,000.
While more than 7 listings in Lake Orion, MI in November 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 17 were sold below. The inventory of homes for sale in Lake Orion, MI between October 2024 and November 2024 decreased by 16.8%. While the average time on the market in November 2024 was 25 days, the median list price was $376,300.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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