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1389 Kalorama Way, Okemos, MI, 48864

5beds
4baths
3,872sqft
$719,900
$186price/sqft
$5,395/moest. monthly cost
$215,800/yrincome needed

About This Home

Beautifully designed and thoughtfully appointed, this 2017 Schroeder Homes residence offers spacious modern living in one of Okemos' most desirable neighborhoods. Located in the highly regarded Okemos School District, the home combines timeless design, comfortable functionality, and elegant finishes throughout. The main level features soaring ceilings, abundant natural light, hardwood flooring, and an inviting open layout. The impressive two-story family room with fireplace creates a grand central gathering space, while the open kitchen offers quartz countertops, generous cabinetry, pantry space, and a large quartz island ideal for everyday living and entertaining. The main floor also includes a formal dining room, private office, toy room/flex room, and a bedroom with a full bathroom, providing excellent flexibility for guests, work-from-home needs, or multigenerational living. Upstairs, the spacious primary suite includes his-and-her closets, a relaxing Jacuzzi tub, and a separate standing shower. Two additional bedrooms are connected by a Jack-and-Jill bathroom, with an upstairs laundry room and loft area adding extra convenience and usable space. The finished daylight basement adds exceptional value with a completed bedroom, full bathroom, and large recreation room. The unfinished portion of the basement includes two additional rooms with drywall already completed, offering great future potential. Outdoor highlights include a small patio, front and back mulch areas with stone siding, a sprinkler system with a separate water meter, and a private backyard backing to a beautiful protected natural area with no future construction expected behind the home. Additional features include a 3-car attached garage, central cooling, forced-air gas heating, upgraded washable paint throughout the house, and a spacious lot close to parks, shopping, dining, and everyday conveniences. With its thoughtful floor plan, two-story family room, quartz kitchen island, main-level bedroom and full bath, upstairs laundry, finished daylight basement, private natural backyard setting, and prime Okemos location, 1389 Kalorama Way offers the perfect blend of comfort, function, privacy, and style.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

8/10
10/10
Chippewa Middle SchoolGrades 6-82.6 mi
10/10
Okemos High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Free-Standing Gas Range,Gas Range,Humidifier,Microwave,Range Hood,Refrigerator,Self Cleaning Oven,Washer
  • Laundry features: Laundry Room,Upper Level

Basement

  • Level: Basement
  • Area: 448.73999999999995

Basement

  • Has basement: Yes
  • Basement: Daylight,Egress Windows,Finished,Full

Bedroom2

  • Level: First
  • Area: 186.88

Bedroom3

  • Level: Second
  • Area: 186.88

Bedroom4

  • Level: Second
  • Area: 186.88

Bedroom5

  • Level: Basement
  • Area: 175.2

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Den

  • Level: First
  • Area: 141.11999999999998

Dining Room

  • Level: First
  • Area: 154.58

Features

  • Ceiling Fan(s),Double Vanity,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Smart Thermostat,Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 864
  • Finished area above ground: 3,008

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,338
  • Total interior livable area: 3,872 sqft

Kitchen

  • Level: First
  • Area: 161

Living Room

  • Level: First
  • Area: 289.8

Loft

  • Level: Second
  • Area: 70

Master Bedroom

  • Level: Second
  • Area: 234

Property

Details

  • Parcel number: 33020214378011
  • Zoning description: Zoning
  • Foundation area: 1512

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Front Porch
  • Exterior features: Rain Gutters

Lot

  • Lot size: 10,018 sqft
  • Features: Front Yard,Landscaped,Sprinklers In Front,Sprinklers In Rear,Views
  • Lot size dimensions: 67.25 x 125

Parking

  • Total spaces: 3
  • Parking features: Attached,Finished
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado

FEMA Declared Disasters in Ingham 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 $3,640$43,680
Home Insurance *$278$3,336
Property Taxes $1,055$12,660
Electricity $422$5,068
Total$5,395$64,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$184,971/yr
40% on housing$161,850/yr
45% on housing$143,866/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: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 48864$185
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48864$149
Ingham County$129

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)

No zestimate history available

Price History

DateEventPrice
2026-07-28Price change$719,900
2026-07-01Listed for sale$739,000
2017-06-13Sold$84,900

For Sale by Agent

AgentTara Fatteh
Brokerage1 World Realty, LLC

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