For Sale
740 N Mill Street, South Lyon, MI 48178
$529,900
MLS # 20261042480 (Realcomp)
3 beds3 baths3,075 sqftBuilt 20180.17 acres
1 / 5
Listing Description
Updated to perfection ! This home is a true 10+! Immaculate, meticulously maintained newer ranch in the highly sought after Knolls of South Lyon. Perfectly situated on a premium lot backing to nature, walking paths, a peaceful pond, and footsteps to miles of walking/biking trails. This home offers exceptional privacy and beautiful scenic views. You’ll be impressed by the quality finishes, thoughtful updates, and attention to detail throughout. The open concept floor plan features beautiful hardwood flooring in the great room, foyer, and kitchen, while the office showcases new wood flooring. The stunning kitchen is designed for both everyday living and entertaining, featuring granite countertops, stainless steel appliances, tile backsplash, walk-in pantry, and a newly updated island with a new quartz countertop, sink, and faucet. The kitchen opens seamlessly to the spacious great room with vaulted ceilings and a cozy fireplace. The luxurious primary suite offers a walk-in closet with an updated custom closet organizer and a private bath featuring granite countertops and a tiled shower. Spacious secondary bedrooms provide flexibility, with one currently serving as a home office. The professionally finished lower level is an entertainer’s dream, featuring luxury vinyl plank flooring, a custom quartz wet bar with ample seating, snack bar, family room, recreation area, workout/craft room, and powder room. Additional recent updates include new blinds and cornices, numerous updated light fixtures, and dimmer switches throughout the home, adding both style and functionality. Step outside to the expansive paver patio and enjoy the tranquil natural setting and picturesque views. Just a short walk to downtown South Lyon, where you’ll find shopping, dining, entertainment, and community events. This exceptional home combines luxury, comfort, and an unbeatable location, truly move-in ready!
Source: SparkMLS
About this home
3-bedroom, 3-bath, 3,075 sq ft home in All South Lyon Listings in South Lyon built in 2018.
Asking $529,900 (about $172/sq ft).
Property tax estimate: $7,586 per year ($632/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area3,075 sqft
Lot Size0.17 acres
Year Built2018
Stories1
Location
CitySouth Lyon
MunicipalityLyon Twp
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished, Water Softener/Owned, Wet Bar
Sale & Financing
Listed6/14/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$400 / Annually
IncludesLawn/Yard Care, Other
Source: SparkMLS
Tax Information
Annual Tax$7,586
State Equalized Value$231,080
Taxable Value$178,960
Parcel #2120177041
Source: Public Records
Legal Description
T1N, R7E, SEC 20 OAKLAND COUNTY CONDOMINIUM PLAN NO 2127 KNOLLS OF SOUTH LYON UNIT 86 L 48700 P 678 10-16-15 FR 176-002
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jacqueline McNamara Agius
National Realty Centers, Inc
Frequently Asked Questions about 740 N Mill Street, South Lyon, MI 48178
What school district is 740 N Mill Street, South Lyon, MI 48178 in?
Per MLS# 20261042480, this property is served by South Lyon. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261042480, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261042480, the most recent reported annual property tax for 740 N Mill Street, South Lyon, MI 48178 is $7,586. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 740 N Mill Street, South Lyon, MI 48178 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 740 N Mill Street, South Lyon, MI 48178 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$3,470
Principal & interest$3,437
HOA$33
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
740 N Mill Street, South Lyon, MI 48178
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Municipality
All South Lyon Listings
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County
Washtenaw County
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