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25157 Franklin Terrace , South Lyon, MI 48178

$89,000
  • 25157 Franklin Terrace , South Lyon, MI 48178 Main Photo

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New to the Market Active
BEDS2 BATHS1 full 1 partial SQUARE FEET600 MLS#20261052372
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONCOLONIAL ACRES SUB SCHOOLSouth Lyon

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.

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 mblack.griffithrealty.com today.

Property Features

Property Type: Residential - Condominium
Basement: Finished, Private
Cooling: Ceiling Fan(s), Wall Unit(s)
Fuel Type: Natural Gas
Heating: Baseboard
Home Style: Ranch
Year Built: 1973

Amenities

Club House
Grounds Maintenance
Lighting
Private Entry
Pool – Community
Pool - Inground

Appliances

Dishwasher
Dryer
Free-Standing Freezer
Free-Standing Gas Range
Free-Standing Refrigerator
Microwave
Washer

Feature Descriptions

Architecture: Ranch
Exterior: Brick, Wood
Foundation: Basement
Garage/Parking: Parking Lot
Homeowners Association Fee: $530 (Monthly)
Interior: Furnished - Negotiable
Lower Level Finished Sqft: 460
Parking Notes: Parking Lot
Road Frontage: Paved
Summer Tax: $0.0000
Swimming Pool: Yes
Water Heater: Natural Gas

Room Sizes

Living Room: Level - First/Entry
Kitchen: Level - First/Entry
Bedroom - Primary: Level - First/Entry
Bath - Full: Level - First/Entry
Bath - Lav: Level - Basement
Bedroom: Level - Basement
Laundry Area/Room: Level - Basement
Family Room: Level - Basement

Local Schools

School District: South Lyon

Listed By / Shown By

Listed By

Agency Name: EXP Realty - Northville
Agency Phone: (248) 790-4646

Shown By

Agent Name: Megan Black
Agent Phone: (810) 227-1016 ext. 210
Agency Title: Griffith Realty

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Estimated Payment

$ 224.03 per month $198.08 Principal & Interest $0.00 Property Tax (data not provided by mls) $25.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 3:58:39 AM EST) or RealComp MLS (last updated Tue 07/21/2026 12:45:47 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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