See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

300 W Dewey Rd, Owosso, MI, 48867

1beds
1baths
960sqft
$800,000
$833price/sqft
$5,809/moest. monthly cost
$232,360/yrincome needed

About This Home

This private oasis is a true fixer-upper, offering a blank canvas to remodel to your taste, use as a cabin, or live in while building your dream home. Conveniently located 15 minutes off I-69, situated behind Hopkins Lake & Kiwanis Trails. The efficient 1 bedroom, 1 bathroom home acts as a low maintenance hunting lodge. The breathtaking 52 acres of land feature a massive 6-acre pond perfect for fishing or relaxing, plus a mix of open ground and wooded trails. Five separate additional outbuildings with electricity, two completely ready for year round operations. Building 1 is a fully dedicated, heated and insulated 40'x60' workshop with 12' tall ceilings perfect for a mechanic's workshop, or a small business. It currently has 350 amp electric service installed in 2020. Building 2 is a fully functional, heated and insulated 40'x60' growing room with 12' tall ceilings. It currently has 250 amp electric service installed in 2014, it also has 15 tons of heat exchangers that provide AC and heat, Fujitsu brand. Building 3 is a red shed that is 10'x12' with 7' ceilings. Building 4 is a blue shed that is 10'x12' with 8' ceilings. Building 5 is a white shed that is 12'x24' with 8' ceilings. Near the driveway is a cement slab designed for an RV, it has a sewage line that dumps into the septic tank. New refrigerator and stove in 2008. 1956 Massey Ferguson tractor, the blade for the driveway and a tractor mounted 8' wide cultivator stay with the property. AS-IS. BATVAI.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
Bryant SchoolGrades K-51.1 mi
4/10
Owosso Middle SchoolGrades 6-83.0 mi
6/10
Owosso High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Basement,Poured
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 480
  • Finished area above ground: 480

Heating

  • Heating features: Baseboard,Electric

Interior Area

  • Total interior livable area: 960 sqft

Kitchen

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Living Room

  • Level: Entry
  • Area: 240
  • Dimensions: 24 X 10

Other

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Primary Bedroom

  • Level: Basement
  • Area: 480
  • Dimensions: 24 X 20

Property

Details

  • Parcel number: 0062540000105
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None
  • Waterfront features: Pond

Lot

  • Lot size: 51.67 Acres
  • Lot size dimensions: Irregular

Parking

  • Parking features: No Garage

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 WaveVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Heat Wave
Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters in Shiawassee County and Michigan

Severe Ice Storm
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 $4,045$48,540
Home Insurance *$632$7,584
Property Taxes $944$11,328
Electricity $188$2,259
Total$5,809$69,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,165/yr
40% on housing$174,270/yr
45% on housing$154,906/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: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$833This listing

vs Other Active Listings

Avg $/sqft

ZIP 48867$102
Shiawassee County$111

vs Homes Sold Last Month

Median $/sqft

ZIP 48867$120
Shiawassee County$128

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
2026-07-04Listed for sale$800,000
2022-07-05Sold$43,050

For Sale by Agent

AgentKristin Spencer
BrokerageEpique Realty

Similar Homes