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.
Listed By
Agency Name: EXP Realty - Northville
Agency Phone: (248) 790-4646
Shown By
Agent Name: Monica Capilla
Agent Phone: (734) 717-8537
Agency Title: Griffith Realty
Estimated Payment
$ 224.03 per month $198.08 Principal & Interest $0.00 Property Tax (data not provided by mls) $25.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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25157 Franklin Terrace | MLS# 20261052372
This condo located at 25157 Franklin Terrace , South Lyon, MI 48178 is currently listed for sale with an asking price of $89,000. This property was built in 1973 and has 2 bedrooms and 1 full and 1 partial baths with 600 sq. ft. Franklin Terrace is located in the COLONIAL ACRES SUB subdivision within the South Lyon school district. Search COLONIAL ACRES SUB real estate on mcapilla.griffithrealty.com today.