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25157 Franklin Terrace #7

South Lyon, Michigan 48178
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Bed 2

Bed

Bath 1.5

Bath

SqFt600

Sqft

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 you r 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.

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Detail Ic Property Details

Property Type : Condominium

Price : $89,000

AD Id : 88243888

MLS Id : 20261052372

Beds : 2

Living Area Size : 600

Year Built : 1973

Garage : No Garage

County : Oakland

Subdivision: Colonial Acres Sub

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1.5 Full Baths: 1 Half Baths: 1
  • Room Information

    Total Rooms: 8 Porches: Patio,Porch

    Interior Features

    Furnished - Negotiable Roof: Asphalt Basement Description: Finished,Private Appliances: Dishwasher,Dryer,Free-Standing Freezer,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Washer
  • Heating & Cooling

    Cooling: Ceiling Fan(s),Wall Unit(s) Heating: Baseboard Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 1973 Building Stories: 1 Story Roof: Asphalt Foundation/Basement: Basement Architecture: Ranch
  • Exterior Features

    Club House,Grounds Maintenance,Lighting,Private Entry,Pool – Community,Pool - Inground Construction: Brick,Wood
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Property Information

    SQ ft: 600 Subdivision: COLONIAL ACRES SUB Financing: Cash,Stock Cooperative

  • Listing Price Information

    Original List Price: $89,000
  • Listing Information

    Possession: Negotiable Legal Description: Colonial acres co-op, Phase 1, Bldg 9, unit 7

  • Tax Information

    Annual Tax: $0

    Terms/Deposits/Fees

    Assoc Fee Freq: $Monthly
  • Possession

    Negotiable
  • Legal Information

    Legal Description: Section: Colonial acres co-op, Phase 1, Bldg 9, unit 7

  • Parking Information

    Garage Size: No Garage Garage Description: Parking Lot
  • Multi-Unit Information

    Road Frontage: Paved

  • School Information

    School District: South Lyon
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
25204 Franklin Terrace , South Lyon, MI, 48178 $90,000 2 2 800 800 SqFt
61051 Greenwood Drive , South Lyon, MI, 48178 $165,000 2 2 1,085 1,085 SqFt
61200 Greenwood Drive , South Lyon, MI, 48178 $155,000 2 2 1,085 1,085 SqFt
26945 Milford #8, South Lyon, MI, 48178 $58,000 1 1 780 780 SqFt
26945 Milford Road #34, South Lyon, MI, 48178 $59,900 1 1 750 750 SqFt
26955 Milford Road Road.., South Lyon, MI, 48178 $69,900 1 1 750 750 SqFt
26965 Milford #37, South Lyon, MI, 48178 $79,900 1 1 750 750 SqFt
26965 MILFORD ROAD Milf.., South Lyon, MI, 48178 $92,900 1 1 700 700 SqFt
754 Challenging Trail , South Lyon, MI, 48178 $300,000 2 2.5 1,422 1,422 SqFt
1012 Paddock Lane , South Lyon, MI, 48178 $365,000 3 2.5 1,830 1,830 SqFt
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 07/29/2026 @ 20:35

MLS: 20261052372 LISTED BY: Kristyn St Clair , EXP Realty - Northville 248-790-4646 SOURCE: Realcomp II Ltd

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