$89,000 for Sale
25157 franklin terrace, south lyon, MI 48178
| Beds 2 | Baths 2 | 600 Sqft |
|
1 of 47 |
Property Description
Welcome home to this beautifully maintained, move-in ready ranch co-op in one of South Lyon's most desirable 55+ communities! A beautiful option for affordable, retirement or snow-bird living. Enjoy carefree living with access to a clubhouse, sparkling community pool and beautifully maintained grounds with walking paths. This immaculate home offers over 1,000 square feet of finished living space including a finished basement. The main level features a spacious living room filled with natural light from the newer Wallside picture window (2021, with a transferable 35-year warranty), an inviting dining area, white kitchen with newer appliances (2020), and a generous primary bedroom with a large walk-in closet and direct access to the backyard patio. The finished lower level nearly doubles your living space with a large recreation/family room, convenient half bath, spacious laundry area, and a second bedroom/flex room (non-conforming; no egress window)—perfect for guests, hobbies, crafts or a home office. Recent improvements include: • New flooring (2020), wall a/c unit (2020), New fiberglass front entry door (2021), Dishwasher (2025). Interior freshly painted in recent years. All appliances stay, including refrigerator, gas range, microwave, dishwasher, washer, dryer and chest freezer. Enjoy maintenance-free living in this vibrant community while still having your own private patio for relaxing outdoors. Summer taxes: $1,521.85 /Winter taxes: $80.76 (taxes are billed separately by HOA and are not included in the monthly co-op fee). HOA fee does include water, sewer, trash, gas, heat, snow removal, & grounds maintenance. Close to everything South Lyon has to offer, as well as to free-way access. Buyer must apply and be approved by the Co-op. Application fee is $75 for first occupant and $45 for each additional occupant. Buyer is required to pay a $525 closing fee to co-op and $300 to the co-op reserve fund escrow.
General Information
Sale Price: $89,000
Price/SqFt: $148
Status: Active
MLS#: rcomi20261052372
City: south lyon
Post Office: south lyon
Schools: south lyon
County: Oakland
Subdivision: colonial acres sub
Bedrooms:2
Bathrooms:2 (1 full, 1 half)
House Size: 600 sq.ft.
Acreage:
Year Built: 1973
Property Type: Condo
Style: Ranch
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Garage Description: Parking Lot
Construction: Brick,Wood
Exterior: Brick,Wood
Exterior Misc: Club House,Grounds Maintenance,Lighting,Private Entry,Pool – Community,Pool - Inground
Basement: Yes
Basement Description: Finished,Private
Foundation : Basement
Appliances: Dishwasher,Dryer,Free-Standing Freezer,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Washer
Cooling: Ceiling Fan(s),Wall Unit(s)
Heating: Baseboard
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $0
HOA fees: 1
HOA fees Period: Monthly
Legal Description: Colonial acres co-op, Phase 1, Bldg 9, unit 7

IDX provided courtesy of Realcomp II Ltd. via National Realty Centers - Clarkston and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders
Listing By: Kristyn St Clair of EXP Realty - Northville, Phone: (248) 790-4646