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Sold
  • $260,000

    705 E Lake St, South Lyon, MI 48178

    4beds
    1,550sqft
    Single Family Residence
    Built in 1920
    0.42 Acres Lot
    $266,800 Zestimate®
    $168/sqft
    $2,399 Estimated rent

    Home value

    $266,800

    $248,000 - $285,000

    $2,399/mo

    Zestimate® history
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    What's special

    Dedicated officeHistoric farmhouseBonus finished spaceCarriage house style garageMain-level livingElegant moldingsCovered front porch
    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 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Aleksandr Milshteyn 734-417-3560,

    Real Estate One Inc,

    Samuel Vail 734-417-2919,

    Real Estate One Inc

    Bought with:

    Eric Fisher

    Source: MichRIC,MLS#: 25031176MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Bedroom 4
    • Level: Main
    Bathroom 1
    • Level: Upper
    Bathroom 2
    • Level: Main
    Dining area
    • Level: Main
    Family room
    • Level: Upper
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Living room
    • Level: Main
    Office
    • Level: Main
    Other
    • Description: Mudroom/Dining
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
    • Laundry: Laundry Room, Main Level
    Features
    • Ceiling Fan(s), Center Island, Eat-in Kitchen
    • Flooring: Carpet, Laminate, Wood
    • Windows: Window Treatments
    • Basement: Michigan Basement
    • Has fireplace: No
    Interior area
    • Total structure area: 1,550
    • Total interior livable area: 1,550 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Front, Garage Door Opener, Detached
    • Garage spaces: 3
    Features
    • Stories: 2
    Lot
    • Size: 0.42 Acres
    • Dimensions: 65.00 x 168.00
    • Features: Corner Lot, Level, Sidewalk, Ground Cover, Shrubs/Hedges
    Details
    • Parcel number: 2120376031

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse,Historic
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Cable Connected

    Community & HOA

    Location
    • Region: South Lyon

    Financial & listing details

    • Price per square foot: $168/sqft
    • Tax assessed value: $121,820
    • Annual tax amount: $5,198
    • Date on market: 6/26/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/17/2025Sold$260,000-5.5%$168/sqft
    Source: MichRIC #25031176 Report a problem
    6/29/2025Pending sale$275,000$177/sqft
    Source: MichRIC #25031176 Report a problem
    6/26/2025Listed for sale$275,000+16.6%$177/sqft
    Source: MichRIC #25031176 Report a problem
    8/4/2021Sold$235,900$152/sqft
    Source: Public Record Report a problem
    6/26/2021Pending sale$235,900$152/sqft
    Source: Realcomp II #2210036428 Report a problem
    6/6/2021Listed for sale$235,900$152/sqft
    Source: Realcomp II #2210036428 Report a problem
    6/1/2021Pending sale$235,900$152/sqft
    Source: Realcomp II #2210036428 Report a problem
    5/28/2021Price change$235,900-5.6%$152/sqft
    Source: Realcomp II #2210036428 Report a problem
    5/21/2021Listed for sale$249,900+47.1%$161/sqft
    Source: Realcomp II #2210036428 Report a problem
    6/14/2004Sold$169,900$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,863 +8.2%$137,060 +7.6%
    2023$4,497 +18.1%$127,410 +14.9%
    2022$3,807 +47.1%$110,890 +1.3%
    2021$2,588 $109,500 +12.3%
    2020-- $97,500 +5.6%
    2019$2,587 +2.1%$92,360 +1%
    2018$2,533 +0.8%$91,420 +1.3%
    2017$2,512 $90,260 +20.1%
    2016$2,512 $75,150 +11.6%
    2015-- $67,340 +8.4%
    2014-- $62,100 +6.7%
    2011-- $58,190 -5%
    2010$2,553 -12.5%$61,270 -17%
    2009$2,917 $73,850
    Find assessor info on the county website

    Neighborhood: 48178

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $266,800
    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
    $266,800