705 E Lake Street
SouthLyon, MI 48178
Map
- 4 beds
- 2 baths
- 1,550 sqft
- ~1/2 acre lot
- $177 per sqft
- 1920 build
- – on site
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 fullbathroom, 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!
Last checked:
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Checking…
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Last updated Jun 26, 2025
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MLS# 81025031176 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1920
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Construction Materials:WoodSiding
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Architectural Style:Farmhouse, Historic
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Roof:Composition, Shingle
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Stories:2
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Basement:true
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Foundation Details:MichiganBasement
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Patio And Porch Features:Patio, Porch
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Above Grade Finished Area:1550.0
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Below Grade Total Area:1094
Interior
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Interior Features:WindowTreatments
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Flooring:Carpet, Laminate, Wood
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Laundry Features:LaundryRoom, MainLevel
Room Dimensions
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Living Area:1550.0
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Living Area Units:SquareFeet
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Living Area Source:PublicRecords
Location
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Directions:Northwest Corner of E. Lake Street and Lyon Boulevard
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Cross Street:E Lake Street & Lyon Boulevard
The Property
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Parcel Number:2120376031
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Features:CornerLot, Level, LandscapedGroundCover
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Lot Size Acres:0.42
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Lot Size Area:18165.0
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Lot Size Dimensions:65.00 x 168.00
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Lot Size Units:SquareFeet
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Fencing:BackYard
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Road Frontage Feet:65
Listing Agent
- Contact info:
- Agent phone:
- (734) 417-3560
- Office phone:
- (734) 662-8600
Taxes
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Tax 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
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Tax Assessed Value:121820
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Tax Annual Amount:5198.0
Beds
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Total Bedrooms:4
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CeilingFans, CentralAir
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Cooling:true
Utilities
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Utilities:CableConnected, NaturalGasConnected
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
Schools
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High School District:SouthLyon
The Community
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Community Features:Sidewalks
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Waterfront:false
Parking
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Garage:true
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Garage Spaces:3.0
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Parking Features:Concrete, Detached, GarageFacesFront, GarageDoorOpener
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Metropolitan Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$275,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,472
|
| Taxes | $433 |
| Insurance | $75 |
| Utilities | $220 See report |
| Total | $2,200/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/26/25
Jun 26, 2025
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Listed / Active | REALCOMP | $275,000 | 16.6% (4.2% / YR) |
|
7/30/21
Jul 30, 2021
|
REALCOMP | $235,900 |
