Oxford Lakes, Oxford Michigan Real Estate Sales
Oxford Lakes subdivision, Oxford Michigan is a platted subdivision neighborhood in the
Village of Oxford Michigan. Living in Oxford Lakes is not just an investment- it's a lifestyle. Oxford Lakes subdivision was developed around 115 acre Oxford Lake and its Caribbean blue waters. Oxford Lakes offers a mixture of floor plans ranging from standard ranches to traditional split levels to contemporary to custom housing. Both off the water and on the water housing must conform to subdivision restrictions for the protection of its residents.
In good times you really couldn't touch a house in Oxford Lakes for under $200K. In 2004 there were 23 houses sold through the MLS ranging in price from $182,900-$377,900. None were lakefronts and only 2 under $200,000. In 2009 13 of the 18 sales were under $200,000 and one of those was under $100,000.
So far this year the lowest sale price was $125,200. There have only been 4 closings this year in the two hundreds and 2 sales over $300K- both lakefronts.
While prices and interest rates are still low now is a great time to invest in Oxford Lakes, Oxford Michigan.
Oxford Lakes boasts many amenities such as sidewalks, community water and sewer, entrances onto 2 main roads, 2 parks and beach area for off the water homes.
First there's the 6 acre park at the entrance of the sub (Drahner Rd entrance) that features gazebo, basketball court, two regulation size tennis courts, volleyball court, picnic tables, grills, sandy beach and private boat launch.
There's also the children's park on Thornhill Trail. A 2 acre park with playground equipment, picnic table and spacious pavilion. Both parks feature rest room areas.
Oxford Lake is about 115 acres of very clean water- electric motors allowed. This spring fed, ex-gravel pit lake has been stocked with bluegill, bass, walleye and trout. And because it used to be a gravel pit, the lake is fairly deep, clean and most homes have sandy beaches.
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