11

South Lyon, MI Co-Ops for Sale

Section Image Section Image
  • 12113 Lexington Dr, South Lyon, MI 48178
    12113 Lexington Dr, South Lyon, MI 48178
    12113 Lexington Dr, South Lyon, MI 48178
    /34

    $149,900

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft

    12113 Lexington Dr, South Lyon, MI 48178

    Enjoy the convenience of maintenance-free exterior living in this one-story, end-unit home. You'll appreciate the neutral and well-kept interior. The kitchen offers plenty of cabinets and counter space with double-bowl stainless steel sink, ceiling fan, dishwasher, stove and refrigerator are included. Dining area has chair rail molding and chandelier on dimmer. Primary bedroom has large walk-in

    Agent Photo

    Debbie Johnson

    Remerica United Realty

    12113 Lexington Dr, South Lyon, MI 48178
  • 26965 Milford Rd Unit 37, South Lyon, MI 48178
    26965 Milford Rd Unit 37, South Lyon, MI 48178
    26965 Milford Rd Unit 37, South Lyon, MI 48178
    /15

    $94,900

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft

    26965 Milford Rd Unit 37, South Lyon, MI 48178

    Discover a rare gem: a ground-floor, 55+ waterfront co-op that promises an exceptional lifestyle. This inviting condo boasts a walk-in shower and a kitchen designed for effortless cleaning, ensuring comfort and convenience. Homeowners Association fees cover water, heating, lawn care, and snow removal. Additional perks include a dedicated basement storage unit, shared laundry facilities, and a

    Deborah Wenzel Crossroads Real Estate of Brighton

    26965 Milford Rd Unit 37, South Lyon, MI 48178
  • 25106 Franklin Terrace Unit 6, South Lyon, MI 48178
    25106 Franklin Terrace Unit 6, South Lyon, MI 48178
    25106 Franklin Terrace Unit 6, South Lyon, MI 48178
    /25

    $74,400

    $1K PRICE DROP
    • 1 Bed
    • 1.5 Baths
    • 1,440 Sq Ft

    25106 Franklin Terrace Unit 6, South Lyon, MI 48178

    Location! Location! Location! This Senior Co-Op features a partially finished basement, a three seasonroom and includes all appliances! Complex includes a Clubhouse for gatherings, library, workout area, game room and a community in-groundpool with convenient showers and lockers. 2 pets are allowed to accompany the new owner. Assoc duescover, heat, snow removal, trash, water, sewer

    Deborah Wenzel Crossroads Real Estate of Brighton

    25106 Franklin Terrace Unit 6, South Lyon, MI 48178
  • 61227 Heritage Blvd, South Lyon, MI 48178
    61227 Heritage Blvd, South Lyon, MI 48178
    61227 Heritage Blvd, South Lyon, MI 48178
    /20

    $83,000

    $4K PRICE DROP
    • 1 Bed
    • 1.5 Baths
    • 1,152 Sq Ft

    61227 Heritage Blvd, South Lyon, MI 48178

    Tucked into a quiet 55+ cooperative community, this cute and well-maintained 1-bedroom, 2-bath condo offers comfortable living with plenty of extra space. The neutral interior provides a great canvas for your personal style, while the fully finished basement adds flexibility for a second living area, office, hobby space, or guest accommodations. Enjoy your morning coffee or unwind in the cozy

    Ashten Tucker The Brand Real Estate

    61227 Heritage Blvd, South Lyon, MI 48178
  • 9780 Cambridge Ct Unit 3, South Lyon, MI 48178
    9780 Cambridge Ct Unit 3, South Lyon, MI 48178
    9780 Cambridge Ct Unit 3, South Lyon, MI 48178
    /32

    $229,900

    • 3 Beds
    • 2 Baths
    • 1,790 Sq Ft

    9780 Cambridge Ct Unit 3, South Lyon, MI 48178

    Don't wait on this fresh clean unit in sought after Cul de sac. This unit boast a spacious great room, 2 bedrooms, 2 baths, a finished walk out, and a garage. But walkout face beautiful nature nobody behind you but wildlife. Kitchen and great also offers beautiful hardwood floors. Let's not forget about 200sq ft sunroom off the walk out to enjoy outside from inside. This one will not last. Summer

    Abe Ayoub Mayfair Real Estate Group

    9780 Cambridge Ct Unit 3, South Lyon, MI 48178
  • 25245 Franklin Terrace Unit 3, South Lyon, MI 48178
    25245 Franklin Terrace Unit 3, South Lyon, MI 48178
    25245 Franklin Terrace Unit 3, South Lyon, MI 48178
    /34

    $130,000

    • 2 Beds
    • 1.5 Baths
    • 1,700 Sq Ft

    25245 Franklin Terrace Unit 3, South Lyon, MI 48178

    Completely turnkey, beautifully remodeled co-op in a desirable 55+ community—just move in and enjoy! Freshly painted throughout with new flooring in the main living areas and new carpet in the bedrooms. The main-level full bathroom has been completely remodeled with a new vanity, tile flooring, and toilet. New light fixtures and ceiling fans have been installed throughout the home. The updated

    Kimberly Herron National Realty Centers, Inc

    25245 Franklin Terrace Unit 3, South Lyon, MI 48178
  • 12104 Lexington Dr Unit 3, South Lyon, MI 48178
    12104 Lexington Dr Unit 3, South Lyon, MI 48178
    12104 Lexington Dr Unit 3, South Lyon, MI 48178
    /37

    $252,900

    • 2 Beds
    • 2 Baths
    • 1,900 Sq Ft

    12104 Lexington Dr Unit 3, South Lyon, MI 48178

    Welcome home to this charming and spacious co-op nestled in one of South Lyon's most desirable 55+ lake communities. Surrounded by nature and offering beautiful southern exposure, this inviting residence features an open-concept kitchen and living area with serene wooded views, creating a bright and tranquil setting year round. This flexible floor plan offers the potential to create a second main

    Mary Carano National Realty Centers, Inc

    12104 Lexington Dr Unit 3, South Lyon, MI 48178
  • 25204 Franklin Terrace, South Lyon, MI 48178
    25204 Franklin Terrace, South Lyon, MI 48178
    25204 Franklin Terrace, South Lyon, MI 48178
    /15

    $90,000

    • 2 Beds
    • 2 Baths
    • 1,570 Sq Ft

    25204 Franklin Terrace, South Lyon, MI 48178

    Welcome home to this beautifully maintained 2-bedroom, 2-bathroom co-op in desirable South Lyon! Offering comfortable, low-maintenance living, this spacious unit features a bright and inviting layout with plenty of room to relax and entertain. The finished basement provides valuable additional living space, perfect for a family room, home office, hobby area, or guest accommodations. Enjoy your

    Kyle Lang RE/MAX Dream Properties

    25204 Franklin Terrace, South Lyon, MI 48178
  • 25323 Franklin Terrace, South Lyon, MI 48178
    25323 Franklin Terrace, South Lyon, MI 48178
    25323 Franklin Terrace, South Lyon, MI 48178
    /26

    $105,000

    • 2 Beds
    • 1.5 Baths
    • 1,312 Sq Ft

    25323 Franklin Terrace, South Lyon, MI 48178

    Welcome to 25323 Franklin Terrace, a well-maintained 2-bedroom, 1.1-bath co-op in the desirable Colonial Acres 55+ community, ideally located within the complex. This inviting home features new flooring throughout, with new carpet in the sunroom and finished lower level. The spacious living room flows seamlessly into the dining area and kitchen, creating comfortable everyday living. A bright

    Renee DeKroub RE/MAX Platinum

    25323 Franklin Terrace, South Lyon, MI 48178
  • 61035 11 Mile Rd Unit 1, South Lyon, MI 48178
    61035 11 Mile Rd Unit 1, South Lyon, MI 48178
    61035 11 Mile Rd Unit 1, South Lyon, MI 48178
    /13

    $79,500

    • 1 Bed
    • 1 Bath
    • 760 Sq Ft

    61035 11 Mile Rd Unit 1, South Lyon, MI 48178

    Why rent when you can own your place for a minimal amount of expense. Do you go South for the winter? Just need a place in South Lyon to rest your feet for the summer? Pleasantly updated end unit with lots of windows to bring in the extra light. This is the only phase of Colonial Acres with carports so residents don't have to worry about moving their vehicles for the snow removal process. This is

    Jean Mancos Remerica United Realty

    61035 11 Mile Rd Unit 1, South Lyon, MI 48178
  • 25126 Franklin Terrace Unit 6, South Lyon, MI 48178
    25126 Franklin Terrace Unit 6, South Lyon, MI 48178
    25126 Franklin Terrace Unit 6, South Lyon, MI 48178
    /16

    $81,500

    $33K PRICE DROP
    • 2 Beds
    • 3 Baths
    • 1,430 Sq Ft

    25126 Franklin Terrace Unit 6, South Lyon, MI 48178

    55+ co-op community located in Colonial Acres. Cash purchase only; no mortgage financing permitted. Buyer is purchasing a share in the co-op association, not the real estate. Two-bedroom, 1 full bath and 2 half bathrooms in this unit with a partially finished basement. Features a covered, screened-in sunroom ideal for relaxing. Move-in ready condition. Monthly HOA includes community pool,

    Julia Zahn KW Domain

    25126 Franklin Terrace Unit 6, South Lyon, MI 48178
Michigan Oakland County South Lyon

Co-Ops for Sale in South Lyon, MI

Home Prices in South Lyon, MI

The median home sale price in South Lyon, MI is $472,500, down 4% year-over-year. Homes in South Lyon sell in 38 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price
$472,500
Median Single Family Sale Price
$552,400
Median Townhouse Sale Price
$356,980
Median 2 Bedroom Sale Price
$175,000
Median 1 Bedroom Sale Price
$85,000
Average Price Per Sq Ft
$204
Number of Homes for Sale
139
Last 12 months Home Sales
530
Months of Supply
3.10
Median List Price
$499,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%
How to Buy a Home How to Finance a Home How to Sell a Home

In South Lyon, there are currently 11 co-ops for sale, offering a distinctive housing option for potential buyers. Co-ops, also known as cooperative housing, involves collective ownership and shared responsibility among tenants or members for an entire property or building. When purchasing into a co-op, buyers acquire shares in the nonprofit corporation that owns the building, rather than a specific piece of property. With various types of co-ops available, including single-family homes, duplexes, townhouses, manufactured homes, and groups of tiny homes, this collaborative ownership structure fosters a sense of community and shared responsibility among residents. Explore properties and co-ops for sale in South Lyon, MI.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group