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4871 Broomfield Way, Lake Orion, MI, 48359

4beds
4baths
2,604sqft
$464,900
$179price/sqft
$3,312/moest. monthly cost
$132,480/yrincome needed

About This Home

RARE FIND, END UNIT, Finished walk-out basement, with 3300 sq. ft of living space! This 4 bed/3.5 bath offers the perfect blend of comfort, convenience, and style. Ideally situated near premier shopping, popular restaurants, and major expressways, this home makes commuting and everyday living effortless. Step inside to discover a spacious, open-concept floor plan filled with natural light and modern finishes. The well-appointed kitchen flows seamlessly into the living and dining areas, and outside deck, creating an ideal space for entertaining and family gatherings. Upstairs, you'll find generously sized bedrooms, including a relaxing primary suite with a private bath and custom closet. Located within a highly sought-after Blue Ribbon school district, this home offers exceptional educational opportunities. The finished walk-out basement provides incredible versatility, featuring a large living area, kitchenette, private bedroom w/full-sized windows, full bathroom, and a walk-out sliding door to a patio, perfect for guests, in-laws, a home office, or extended living arrangements. Enjoy low-maintenance condo living without sacrificing space. With 4 bedrooms, 3.5 baths, and multiple living areas, this home has room for everyone. Added features include: smoke and pet free home, custom window treatments on upper levels, custom fireplace and entertainment center, custom drop zone w/shoe mail and open storage solutions, water filtration system, plumbed basement refrigerator, multiple finished storage rooms in basement, storage solutions in the garage. The home is perfect for the fussiest buyer, and for someone who doesn't want to spend time maintaining outdoor spaces!

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

8/10
Waldon Middle SchoolGrades 6-81.8 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary,End Unit
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Walk Out Access

Bedroom

  • Level: Second
  • Area: 110
  • Dimensions: 11 X 10

Bedroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 X 11

Bedroom

  • Level: Basement
  • Area: 110
  • Dimensions: 10 X 11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 130
  • Dimensions: 13 X 10

Features

  • Finished area below ground: 688
  • Finished area above ground: 1,916

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,604 sqft

Kitchen

  • Level: Entry
  • Area: 130
  • Dimensions: 13 X 10

Living Room

  • Level: Entry
  • Area: 221
  • Dimensions: 17 X 13

Other

  • Level: Basement

Other

  • Level: Second

Other

  • Level: Entry

Primary Bathroom

  • Level: Second

Primary Bedroom

  • Level: Second
  • Area: 210
  • Dimensions: 15 X 14

Property

Details

  • Parcel number: 0932401091
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,350$28,200
Home Insurance *$194$2,328
Property Taxes $484$5,808
Electricity $284$3,408
Total$3,312$39,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,554/yr
40% on housing$99,360/yr
45% on housing$88,320/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 48359$153
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48359$203
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Price change$464,900
2026-07-07Price change$474,900
2026-06-19Listed for sale$479,900
2021-02-06Listing removed--
2021-01-06Price change$372,440
2020-11-17Price change$379,420
2020-10-28Price change$383,270
2020-10-14Price change$382,270
2020-10-04Price change$380,270
2020-09-02Price change$379,270
2020-08-06Price change$376,270
2020-07-09Price change$353,920
2020-05-20Listed for sale--

For Sale by Agent

AgentChristine Bertram
BrokerageBertram Realty LLC

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