OPEN HOUSE FOR TODAY HAS BEEN CANCELED! Please contact agent to schedule showing. Welcome to 25204 Franklin Terrace. This property is available for cash purchase only in a 55+ community. If youre looking for a home that blends comfort, convenience, & community, this 2-bedroom, 2-bath ranch-style co-op is the perfect fit! This home is designed for effortless living. Step inside to find a thoughtfully designed space with endless possibilities. The finished basement with a second kitchen offers incredible flexibilitywhether you need extra room for entertaining, a private suite for guests or a caretaker, or a cozy retreat for hobbies. This property has a sun room with southern exposure that spans the entire width of the unit. The basement offers a great storage area with built in shelving. Property is located in the heart of South Lyon which puts everything within easy reach. The South Lyon Center for Active Adults is just a short stroll away, offering engaging activities to keep your days full. Daily errands are a breeze with shops, restaurants, medical offices, and banks all within walking distance. Beyond the convenience, the community offers an amazing lifestyle. Join friends for social events at the clubhouse, cool off in the in-ground pool, or simply enjoy the tranquility of a well-maintained, stress-free neighborhood. If you're ready to enjoy easy living in a welcoming 55+ community, this home is waiting for you! Showing between 9am-1:00pm with 24 hour notice to show preferred. HOA dues cover, heat, snow removal, trash, water, sewer and maintenance of grounds. Applicants must have income of 4x the HOA fee, a credit above 600, proof of funds in excess of purchase price.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 9
- Bath - Full: 6.00 x 9.00
- Bath - Full Level: Basement
- Bedroom: 12.00 x 10.00
- Bedroom Level: First/Entry
- Dining Room: 8.00 x 8.00
- Dining Room Level: First/Entry
- Kitchen: 6.00 x 8.00
- Kitchen Level: First/Entry
- Three Season Room: 6.00 x 20.00
- Three Season Room Level: First/Entry
- Bath - Full: 6.00 x 8.00
- Bath - Full Level: First/Entry
- Bedroom - Primary: 19.00 x 14.00
- Bedroom - Primary Level: First/Entry
- Family Room: 17.00 x 20.00
- Family Room Level: Basement
- Living Room: 18.00 x 11.00
- Living Room Level: First/Entry
- Basement Description: Finished
Bathrooms
- Total Bathrooms: 2.00
- Full Bathrooms: 2
Heating and Cooling
- Heating Features: Baseboard
- Heating Fuel: Natural Gas
Exterior and Lot Features
- Road Frontage Type: Paved
Homeowners Association
- Association: Yes
- Association Fee: 555
- Association Fee Frequency: Monthly
- Association Fee Includes: Snow Removal, Gas, Maintenance Grounds, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 555
- Association Phone: 2484378907
- Pets Allowed: Cats OK, Dogs OK, Yes
School Information
- School District: South Lyon
Other Property Info
- ActivationDate : 2025-07-18
- Source Listing Status: Active
- County: Oakland
- Directions: come in from Pontiac Tr.
- Source Property Type: Condominium
- Home Warranty: No
- Area: South Lyon
- Property Subtype: condo
- Source Neighborhood: South Lyon
- Ownership Type: Short Sale - No, Private Owned
- Postal City: South Lyon
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 800
- Year Built: 1978
- Construction Materials: Brick
- Foundation Details: Basement
- Levels: 1 Story
- Property Age: 47
- Levels or Stories: 1 Story
- Total Area Lower: 700
- Total Area Sqft: 1500
- Total Below Grade Area: 1500
- Architectural Style: Ranch
Utilities
- Sewer: Public Sewer (Sewer-Sanitary)
- Water Source: Community