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$260,000
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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 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!
Full Property Details
Full Property Details for 705 E Lake St
General
- Sold For: $260,000
- Taxes: $5,198
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25031176
- Added to Site: 204 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Ceiling Fan(s), Garage Door Opener, Center Island, Eat-in Kitchen
- Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Garage Faces Front, Garage Door Opener, Detached
Location
- Area: Oakland County - 70
- County: Oakland
- Cross Streets: E Lake Street & Lyon Boulevard
- Driving Directions: Northwest Corner of E. Lake Street and Lyon Boulevard
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
- Utility Description: Natural Gas Connected, Cable Connected, High-Speed Internet
Structural Information
- Architectural Style: Historic
- Construction: Wood Siding
- Basement: Yes
- Roof: Composition, Shingle
- Stories/Levels: 2
- Square Feet: 1,550
- Living Area: 1,550 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,165
- Frontage: Paved
- Lot Features: Corner Lot, Level, Sidewalk
Financial Considerations
- Tax Amount: $5,198
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: T1N, R7E, SEC 20 PART OF SE 1/4 OF SW 1/4 BEG AT PT DIST S 89-21-00 W 190 FT FROM S 1/4 COR, TH S 89-21-00 W 106 FT, TH N 01-38-00 E 172 FT, TH N 89-21-00 E 106 FT, TH S 01-38-00 W 172 FT TO BEG 0.42 A
- Property ID: 21-20-376-031
Listed by Real Estate One Inc, Aleksandr Milshteyn and Samuel Vail
Sold by Cook & Associates, Eric Fisher
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Schools
Schools serving 705 E Lake St
School District:South Lyon Community Schools
| Name | Grades | Distance |
|---|---|---|
Frank E. Bartlett School 350 School Street, South Lyon, MI 48178 | K-5 | 0.7 mi |
Centennial Middle School 62500 9 Mile Road, South Lyon, MI 48178 | 6-8 | 1.3 mi |
South Lyon High School 1000 North Lafayette Street, South Lyon, MI 48178 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 705 E Lake St
Date
Details
Price
Change
Source
7/17/2025
Sold
$260,000
-5.45%
MLS
6/26/2025
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
705 E Lake Street, South Lyon, MI 48178 (MLS# 25031176) is a Single Family property that was sold at $260,000 on July 17, 2025. Want to learn more about 705 E Lake Street? Do you have questions about finding other Single Family real estate for sale in South Lyon? You can browse all South Lyon real estate or contact a Coldwell Banker agent to request more information.
