Okemos Homes under $500,000

Okemos Homes under $500,000

Welcome to Okemos, Michigan—a charming community nestled in Ingham County that beautifully blends suburban tranquility with vibrant city life. Known for its friendly atmosphere and strong sense of community, Okemos is a perfect place for families, young professionals, and retirees alike. With its top-rated schools, lush parks, and a variety of recreational activities, it’s no wonder that residents take pride in calling this area home.

Okemos boasts a rich cultural scene, with easy access to local shops, restaurants, and entertainment options. The area is well-connected, making it convenient for commuters traveling to nearby Lansing, the state capital, which is just a short drive away. Nature lovers will appreciate the abundance of green spaces, including the picturesque Meridian Historical Village and the scenic trails along the Red Cedar River.

For those looking to settle down in this idyllic community, there are a variety of homes available for under $500,000. Whether you’re searching for a charming single-family home, a cozy townhome, or a spacious property with a backyard, Okemos offers a diverse selection of real estate options to fit your lifestyle and budget. Many homes in this price range feature modern amenities, beautiful landscaping, and the warmth of a welcoming neighborhood.

Discover the charm of Okemos, where community spirit meets comfortable living. With its affordable housing options and an inviting atmosphere, it’s the perfect place to create lasting memories. Come explore your new home in Okemos today!

Newest Okemos Homes under $500,000

1460 E Pond Drive Unit #11, Okemos
$64,900
3 Beds ⋅ 2 Baths ⋅ 299443 MLS
Rare First-Floor 3-Bedroom, 2-Bath Co-Op with Pond Views! One of the very few 3 bedroom units available, this desirable first-floor home offers convenient single-level living, a private walk-out patio, and beautiful views of the pond. The kitchen overlooks the dining area and spacious, open-concept living room, creating a comfortable and functional layout for everyday living. A sliding glass door provides direct access to the private patio, where you can relax and enjoy the peaceful pond setting. The primary bedroom features a private en-suite bath and a large walk-in closet. A full-size washer and dryer are conveniently located inside the unit near the front entry. Additional features include exterior storage off the patio, two assigned parking spaces including one covered carport and abundant guest parking. The monthly co-op fee is $836, which includes the assumable blanket mortgage payment, property taxes, exterior maintenance, fire insurance, liability insurance, lawn care, snow removal, sewer, water, trash/recycling, and Daniel's Drain Assessment. Monthly payment breakdown: Maintenance: $433.12, Assumable Mortgage: $272, Property Tax: $95, Drain Assessment: $35.78. Co-op purchase structure: Buyer will pay Seller the cash difference between the agreed-upon purchase price and the outstanding balance of the assumable blanket mortgage, which is approximately $18,775 as of 9/1/2026. At an asking price of $64,900, the estimated cash due from buyer at time of close would be $64,900 (or accepted offer price) minus the outstanding assumable mortgage balance $18,775 = $46,125 cash from buyer.

1460 E Pond Drive Unit #11, Okemos

Start Your Search


©2026, Greater Lansing Association of Realtors. All rights reserved. Information is for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than our company are marked with the BR logo and detailed information about them includes the name of the listing brokers. Data is deemed reliable but is not guaranteed accurate by the GLAR MLS. Information last updated on