$260,000
705 E Lake Street
South Lyon, MI 48178
MLS# 25031176
Status: Sold
4 beds  |  2 baths  |  1550 sqft


705 E Lake Street, South Lyon, MI 48178
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705 E Lake Street, South Lyon, MI 48178

Property Description
A rare find in the heart of South Lyon! This charming historic farmhouse sits on nearly half an acre just a short stroll from downtown, offering a unique blend of character, convenience, and future potential. With a welcoming covered front porch, elegant moldings, and thoughtfully updated systems - including newer windows, HVAC, and electrical - this home is move-in ready with room to grow and build equity over time. Step inside to a bright living room with a sunny bay window and a pass-through to the spacious kitchen, which features a large island with breakfast bar and its own side entrance. A dedicated office with private exterior access makes an ideal space for remote work or a home-based business, while a tucked-away bedroom offers quiet main-level living. You'll also find a full

Details
Maps
Location Property Info
County: Oakland
Street #: 705
Street Direction: E
Street Name: Lake
Suffix: Street
State: MI
Zip Code: 48178
Zip (4): 1805
OfficeContract Info
Status: Sold
List Price: $275,000
Current Price: $260,000
Listing Date: 2025-06-26
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.42
Lot Square Footage: 18165
Lot Dimensions: 65.00 x 168.00
Year Built: 1920
Road Frontage: 65
Garage Y/N: Yes
Garage Spaces: 3
Fireplace: No
Income Property: No
Total Rooms AG: 12
Total Fin SqFt All Levels: 1550
SqFt Above Grade: 1550
Total Beds Above Grade: 4
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Main Level Primary: No
Stories: 2
School District: South Lyon
Waterfront: No
Tax Info
Tax ID #: 21-20-376-031
Taxable Value: 121820
SEV: 137060
For Tax Year: 2024
Seller's Annual Property Tax: 5198
Tax Year: 2024
Homestead %: 100
Spec Assessment & Type: None
Remarks Misc
Directions: Northwest Corner of E. Lake Street and Lyon Boulevard
Status Change Info
Under Contract Date: 2025-06-29
Sold Date: 2025-07-17
Sold Price: $260,000
Sold Price/SqFt: 167.74
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 1
Upper Level Square Feet: 456
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 1
Main Full Baths: 1
Main Level SQFT: 1094
Basement Rooms
Total Basement SQFT: 1094
Property Features
Laundry Features: Laundry Room; Main Level
Exterior Material: Wood Siding
Roofing: Composition; Shingle
Substructure: Michigan Basement
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected
Kitchen Features: Breakfast Nook; Center Island; Eating Area; Mud Room Access; Snack Bar
Additional Items: Ceiling Fan(s); Garage Door Opener; Window Treatments
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Water Heater: Electric
Fencing: Fenced Back
Flooring: Carpet; Laminate; Wood
Patio and Porch Features: Patio; Porch(es)
Landscape: Ground Cover; Shrubs/Hedges
Parking Features: Detached; Garage Door Opener; Garage Faces Front
Architectural Style: Farmhouse; Historic
Driveway: Concrete
Street Type: Paved; Public
Terms Available: Cash; Conventional
Sale Conditions: None
Supplements
bathroom, laundry, and a flexible mudroom that could easily transform into a formal dining area. Upstairs - accessible both from inside the home and through a private exterior entrance - you'll find a loft-style family room, two additional bedrooms, a second full bathroom, and bonus finished space perfect for play or storage. Car lovers and hobbyists will fall in love with the 24x36 two-story carriage house style garage, complete with a 4-ft foundation, 8-ft insulated doors, 220V and 30 AMP service, and rough plumbing for future water and sewer hookup. All of this on a spacious corner lot just steps from parks, schools, shopping, and dining with quick access to major highways. Bring your tools and Pinterest boards - this South Lyon gem is ready for its next chapter!
Room Information
Room Name Level Remarks
Living RoomMain
KitchenMain
Dining AreaMain
LaundryMain
Bedroom 4Main
Bathroom 2Main
OfficeMain
OtherMainMudroom/Dining
Family RoomUpper
Primary BedroomUpper
Bedroom 2Upper
Bedroom 3Upper
Bathroom 1Upper

Listing Office: Real Estate One Inc

Listing Agent: Aleksandr Milshteyn

Last Updated: February - 15 - 2026

705 E Lake Street, South Lyon, MI 48178 - MLS# 25031176

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively 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.