COLONIAL ACRES SUB · SOUTH LYON
25323 Franklin Terrace
South Lyon, Michigan, 48178
$95,000
- August 2026
- Closed
- 47
- Days on market
- $100K
- List price
- 95%
- Sale-to-list
- 2
- Beds
- 1.5
- Baths
- 1,312
- Sq ft
- 1979
- Built
Welcome to 25323 Franklin Terrace, a well-maintained 2-bedroom, 1.1-bath co-op in the desirable Colonial Acres 55+ community, ideally located within the complex. This inviting home features new flooring throughout, with new carpet in the sunroom and finished lower level. The spacious living room flows seamlessly into the dining area and kitchen, creating comfortable everyday living. A bright four-season room offers year-round enjoyment. The finished basement provides a large gathering area, a guest or flex room, and ample storage. Appliances are included. Residents enjoy a pool and clubhouse with a variety of social activities and events. Association dues cover water, gas, heat, and trash removal. Enjoy being within walking distance of downtown South Lyon’s dining, shopping, and vibrant lifestyle.
Interior & systems
- Heating / cooling
- Baseboard, Hot Water, Natural Gas · Ceiling Fans, Wall Units
- Basement
- Finished
- Laundry
- Laundry Room
- Stories
- One
- Total rooms
- 9
Lot, water & costs
- Property type
- StockCooperative
- Lot size
- 0 acres
- Water
- Community, Public
- Sewer
- Public Sewer
- HOA dues
- $570/mo
- School district
- SouthLyon
- Subdivision
- COLONIAL ACRES SUB
- County
- Oakland
MLS #20261039302 · Oakland County · Subdivision: COLONIAL ACRES SUB
Listed by RE/MAX Platinum · 8102274600
Explore the neighborhood
What's nearby in South Lyon — everyday errands, dining, and the outdoors.
Dragon Town
0.3 mi · 12 within 5 mi
Tropical Smoothie Cafe
0.4 mi · 12 within 5 mi
bp
0.4 mi · 3 within 5 mi
bp
0.4 mi · 12 within 5 mi
Ethos Human Performance
0.5 mi · 12 within 5 mi
South Lyon Pharmacy
1.4 mi · 10 within 5 mi
Henry Ford Medical Center - South Lyon
0.7 mi · 7 within 5 mi
Paul F. Baker Memorial Park
0.9 mi · 12 within 5 mi
Coyote Golf Club
2.8 mi · 7 within 5 mi
Nearby places and distances are approximate, provided by Google. Distances are straight-line from the property.
South Lyon · Q3 2026
Quarterly Market Report
Median sale price
$540K
2.6% year over yearSouth Lyon is a balanced market right now. With about 4.3 months of supply, homes averaging 29 days on market, homes selling at 99.1% of list price, buyers and sellers have been on fairly even footing. 32% of sellers landed at or above asking, and the median sale price is down 2.6% from a year ago.
- Median $/sq ft
- $186
- Avg days on market
- 29
- List-to-sale ratio
- 99.1%
- Homes sold (90d)
- 169
- Sold above asking
- 32%
Median Price · Trailing 12 Months
+$45K
Source: Realcomp II MLS, South Lyon area. Prepared by RE/MAX Platinum · Q3 2026.
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