Prime Redevelopment Opportunity in Downtown South Lyon. Located in the heart of South Lyon, this .53-acre lot presents an exceptional opportunity for redevelopment. The existing structure on the property is not habitable and is being sold as-is, making this an ideal site for demolition and a fresh start. With its generous lot size and highly desirable downtown location, this property offers endless potential—whether for a custom new home, multi-family development, or other investment project (subject to city approval).
Enjoy the convenience of being just steps away from local shops, dining, parks, and community events, all while benefiting from the charm and growth of South Lyon. Bring your vision and take advantage of this rare opportunity to own a sizeable parcel in one of the area's most sought-after locations. Property is being sold 'AS-IS'.
Sold
$100,000
338 Donovan St, South Lyon, MI 48178
2beds
953sqft
Single Family Residence
Built in 1930
0.53 Acres Lot
$102,900 Zestimate®
$105/sqft
$1,781 Estimated rent
Home value
$102,900
$97,000 - $109,000
$1,781/mo
Zestimate® history
Owner options
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$1,781/mo
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$1,781/mo
Rent Zestimate®
Refinance and save
$534/mo
Est. payment
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$534/mo
Est. payment
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List your homeWhat's special
Downtown locationGenerous lot size
Zillow last checked:
Listing updated:
Listed by:
Christopher Bailey 734-751-6638,
Remerica United Realty
Bought with:
Christopher Bailey, 6501374076
Remerica United Realty
Source: MichRIC,MLS#: 25047577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 216
- Dimensions: 18.00 x 12.00
Bathroom 2
- Level: Main
- Area: 90
- Dimensions: 10.00 x 9.00
Dining area
- Level: Main
- Area: 90
- Dimensions: 10.00 x 9.00
Kitchen
- Level: Main
- Area: 90
- Dimensions: 10.00 x 9.00
Living room
- Level: Main
- Area: 135
- Dimensions: 15.00 x 9.00
Heating
- Forced Air
Appliances
- Laundry: Other
Features
- Basement: Michigan Basement
- Has fireplace: No
Interior area
- Total structure area: 953
- Total interior livable area: 953 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 0.53 Acres
- Dimensions: 120 x 185 x 120 x 185
- Features: Level
Details
- Parcel number: 2120356016
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: South Lyon
Other
Other facts
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $100,000$105/sqft |
Source:  MichRIC #25047577 Report a problem | ||
| 9/18/2025 | Pending sale | $100,000$105/sqft |
Source: MichRIC #25047577 Report a problem | ||
| 9/16/2025 | Listed for sale | $100,000+170.3%$105/sqft |
Source: MichRIC #25047577 Report a problem | ||
| 3/20/2009 | Sold | $37,000-17.8%$39/sqft |
Source: Public Record Report a problem | ||
| 1/22/2009 | Price change | $45,000-13.5%$47/sqft |
Source: Listhub #30677657 Report a problem | ||
| 1/9/2009 | Listed for sale | $52,000-51.1%$55/sqft |
Source: Listhub #30677657 Report a problem | ||
| 7/8/2008 | Sold | $106,309+20.1%$112/sqft |
Source: Public Record Report a problem | ||
| 8/21/1996 | Sold | $88,500+18%$93/sqft |
Source: Public Record Report a problem | ||
| 4/3/1996 | Sold | $75,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,047 +8.4% | $94,400 +9.4% |
| 2023 | $1,889 +5.2% | $86,280 +15.3% |
| 2022 | $1,795 +0.9% | $74,820 +2.7% |
| 2021 | $1,780 | $72,840 +0.6% |
| 2020 | -- | $72,400 +3.9% |
| 2019 | $1,793 +1.9% | $69,710 +11.8% |
| 2018 | $1,760 +1% | $62,330 +4.6% |
| 2017 | $1,743 | $59,570 +9% |
| 2016 | $1,743 | $54,660 +15.7% |
| 2015 | -- | $47,250 +15.4% |
| 2014 | -- | $40,950 -18% |
| 2011 | -- | $49,920 -9.1% |
| 2010 | $2,293 +0.9% | $54,940 -9.8% |
| 2009 | $2,272 +46.7% | $60,920 -46.3% |
| 2005 | $1,548 | $113,530 +67.6% |
| 2003 | -- | $67,730 +15.4% |
| 2002 | -- | $58,670 +50.2% |
| 2001 | $1,513 +6.9% | $39,070 +3.2% |
| 2000 | $1,415 | $37,860 |
Find assessor info on the county website
Neighborhood: 48178
Nearby schools
GreatSchools rating
- 6/10Frank E. Bartlett SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Millennium Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10South Lyon High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$102,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$102,900
- Michigan
- Oakland County
- South Lyon
- 48178
- 338 Donovan St
Nearby cities
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