Residential and PUD Development
For Sale
$500,000
141 W Elizabeth Street, Lake Orion, MI 48362
LAND - Lake Orion Vlg, MI
Property SizeContact for details
Lot Size0.79 Acres
Days on Market81
Property Features for 141 W Elizabeth Street
General Information
Property type
Land
Property subtype
Other
Zoning
Multiple
Subdivision
Suprvrs 8 - Orion Village
Elementary school district
Lake Orion
Middle school district
Lake Orion
High school district
Lake Orion
Directions
Enter W Elizabeth east off N Park Blvd/M24
Standard status
Active
APN
0902403022
Lot size
0.79 Acres
Taxes and HOA fees
Tax Description
T4N, R10E, SEC 2 SUPERVISOR'S PLAT NO 8 PART OF LOT 7 BEG AT PT DIST S 88-18-30 E 388.05 FT & S 83-50-10 E 44.10 FT & S 69-19-01 E 107.93 FT & S 58-36-42 E 20.43 FT FROM NW LOT COR, TH S 58-36-42 E 86.47 FT, TH S 29-55-31 W 192.21 FT, TH N 88-59-06 W 48.22 FT, TH N 01-49-22 E 96.60 FT, TH N 30-17-42 E 132.29 FT TO BEG 7-26-05 FR 002 5-8-19 CORR
Tax Annual Amount
2190
Legal Description
T4N, R10E, SEC 2 SUPERVISOR'S PLAT NO 8 PART OF LOT 7 BEG AT PT DIST S 88-18-30 E 388.05 FT & S 83-50-10 E 44.10 FT & S 69-19-01 E 107.93 FT & S 58-36-42 E 20.43 FT FROM NW LOT COR, TH S 58-36-42 E 86.47 FT, TH S 29-55-31 W 192.21 FT, TH N 88-59-06 W 48.22 FT, TH N 01-49-22 E 96.60 FT, TH N 30-17-42 E 132.29 FT TO BEG 7-26-05 FR 002 5-8-19 CORR
Utilities
Water source
Public
Listing Agency:
John Graham Realty, LLC
(586) 799-4700
Listed By:
John Graham · License #6502371676
(586) 541-4067
Added: Jun 4
Changed: Jun 5
Last Checked: Aug 23 at 5:06PM
MLS# 20261041612
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This listing offers two adjacent land parcels sold together, with combined lot size of 0.79 acres. The property includes an existing driveway and sidewalk, and survey documentation is available in the provided materials. The zoning, per the Village, allows residential and planned unit development/multifamily uses, with possible options discussed including a single-family home, two homes (one per lot), or multifamily development pending Village approval.
The listing is for 141 W Elizabeth Street, Lake Orion Village, Michigan (with a second parcel to the west included in the sale). The information notes that the legal description shown corresponds to the 141 W Elizabeth parcel, and that the overall lot size applies to both parcels.
Prospective buyers should review zoning details, verify utility availability and any utility locations, and confirm allowable building types and maximum build sizes with the Village of Lake Orion. The prior owner’s contemplation of a higher-density apartment concept is noted in the listing remarks, but all development plans will require buyer due diligence and Village approval. A showing appointment through ShowingTime is requested so the seller can coordinate access to the lots, as the listing includes an existing driveway and sidewalk on-site.
The listing is for 141 W Elizabeth Street, Lake Orion Village, Michigan (with a second parcel to the west included in the sale). The information notes that the legal description shown corresponds to the 141 W Elizabeth parcel, and that the overall lot size applies to both parcels.
Prospective buyers should review zoning details, verify utility availability and any utility locations, and confirm allowable building types and maximum build sizes with the Village of Lake Orion. The prior owner’s contemplation of a higher-density apartment concept is noted in the listing remarks, but all development plans will require buyer due diligence and Village approval. A showing appointment through ShowingTime is requested so the seller can coordinate access to the lots, as the listing includes an existing driveway and sidewalk on-site.
Key Highlights
- Listing includes 2 adjoining building lots in the Village of Lake Orion (together lot size listed for both parcels)
- Water source: public; all utilities available for the lots
- Existing driveway and sidewalk on the property
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 48362, MI
15,001
Population
6,428
Households
2.3
Avg Household Size
42
Median Age
44%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$108,667
Median Household Income
$51,826
Median Earnings
$1,095
Median Rent
$313,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent buildable lots in Lake Orion with utilities, driveway, and zoning for residential and planned unit development.
Where is this residential land & home lot located?
The property is located at 141 W Elizabeth Street Lake Orion, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Listing includes 2 adjoining building lots in the Village of Lake Orion (together lot size listed for both parcels); Water source: public; all utilities available for the lots; Existing driveway and sidewalk on the property
