The Preserve, Lake Orion Michigan Real Estate Sales

By
Real Estate Agent with Coldwell Banker Professionals

The Preserve real estate sales, Lake Orion Michigan. The Preserve is a Pulte sub in Southern Orion Township- just west of Baldwin Rd on the north side of Waldon Rd. The Preserve is a desirable The Preserve Lake Orion Michigan real estate and homes for saleneighborhood with most of the houses built in 1996 through 1998 with prices ranging at that time in the $200's but with an occasional home selling in the low $300's and a couple selling for just under $200,000. Most of the homes in The Preserve are 2 story homes with a few ranches in the sub. At the entrance is a club house with a swimming pool, tennis courts and a play ground area. The sub also boasts a small lake, sidewalks, Detroit water and sewer.

The Preserve has excellent location with easy access to I-75 and a The Preserve Lake Orion Michigan real estate and homes for salestone's throw to Costco and Meijer. The Preserve is walking distance to Waldon Middle School and only about 5 minutes from Lake Orion High School

Also within minutes of The Preserve are Civic Center Park on Joslyn Road near the Orion Township Hall. Civic Center Park offers a nice playground, seven soccer fields, four baseball/softball fields, a sand volley ball court and two basketball courts. Picnic areas with grills are also available. Friendship Park is at the corner of Clarkston and Baldwin Roads- a 137 acres park with a large play structure, two full size soccer fileds and four baseball/softball diamonds.

Over on Joslyn Road- about 5 minutes from The Preserve- it's Canturbury Village Lake Orion MichiganChristmas year 'round at Canterbury Village. Orion Oaks Park which includes a bark park runs between Joslyn and Baldwin Roads, south of Clarkston Road, and Bald Mountain Recreation area covers about 4600 acres.

In 2005 home prices ranged from $287,000 - $372,000.

In 2003 and 2004 a couple homes sold in the low $400's.

In 2009 prices ranged from $211,000-$260,000 - the most expensive house in 2009 sold for less than the cheapest house in 2005.

So far in 2010 prices range from $180,000 - $285,000. Many houses are selling for less than they sold for new in the mid to late nineties, and many of those houses have been updated since they were built. Updates like finishing the basement or updating kitchens. Of the 6 houses that sold in 2009 all had finished basements, none were banke owned, and only one short sale

2 houses were leased through the MLS in 2009 for $1500 and $2150.

On 7-14-2010 there was 1 active listing in The Preserve- a regular sale (not a short sale or bank owned) asking $314,000.. There were also 3 pending sales - 2 short sales asking $155,000 and $211,000 and a regular sale asking $300,000. No lease listings are showing in the MLS as pending or active.

Jackie Hawley
Keller Williams Realty
Cell: 248-736-6407
Email:
Jackie@JackieHawley.com
Web: www.MiRelocation.com
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The Preserve Lake Orion Michigan
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Posted by

Jackie Hawley, Realtor, ePro

ReMax Encore
Cell: (248)736-6406
Jackie@JackieHawley.com 
www.MiRelocation.com 

 

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Rainer
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Nicole Kraus
Signature Realty Associates - Dover, FL

It truely is a buyers market, and it is ashame that more people are not taking advantage of these prices.  Then again with the economy in the state it is in many are fearful to take such a step.  Thanks for sharing.

Aug 10, 2010 03:27 AM #1
Rainmaker
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Jackie Hawley
Coldwell Banker Professionals - Oxford, MI
Southeast Michigan Real Estate

Hi Nicole- Thanks for commenting! This is a great neighborhood and everything is now selling within the FHA limits. I'm hoping since Michigan was one of the first states to start hurting, I'm hoping we hit bottom soon and prices stabilize soon!

Aug 10, 2010 03:41 AM #2
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Rainmaker
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Jackie Hawley

Southeast Michigan Real Estate
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