Recently Listed Adult Community 25219 Potomac Drive
South Lyon, MI, 48178 $ 70,000
Bedrooms2 Baths2.0 Sq 820 Monthly Estimate*
$ 483
for $70,000 with 2 bedrooms and 2 full baths. This 820 square foot condo was built in 1978.
Enjoy comfortable independent living in Colonial Acres Phase V, a 55+ community in South Lyon. Currently the best-priced available unit in the community, this freshly painted home offers two bedrooms, two full bathrooms, new carpet, and flexible living space. The main bathroom was updated in 2025, and a second full bath is located in the finished basement. The lower level offers room to relax, enjoy hobbies, or host guests. The washer and dryer are currently in the basement, with an additional washer hookup in the second bedroom closet. Just off the rear of the home, the sunroom is a welcoming place for morning coffee or a quiet end to the day. Current monthly association dues are $600. Per the seller, gas and water are included, and there is no separate property tax bill. Dues also cover lawn care, snow removal, exterior pest control, and pool expenses. Residents can enjoy the clubhouse and regular community activities. Electricity and cable are paid separately by the owner. The 2027 budget proposed a $25 monthly increase, pending a board vote scheduled for November 10, 2026. Buyers should confirm current dues and included services with the association. Colonial Acres offers shared outdoor spaces and a pond, with shopping, dining, parks, medical services, and downtown South Lyon close by. This is a cooperative community for adults age 55 and older, with ownership, transfer, and occupancy approval requirements that differ from a traditional condominium or single-family purchase. Buyers should review the association documents and confirm current fees and rules. Some photos have been virtually staged with furniture to illustrate possible furniture layouts. The furniture shown is not included. Come see the fresh updates, finished basement, sunroom, and community amenities, and discover the value this home offers. All details about the community are at colonialacresphasev . com
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FeaturesGeneralHeating Baseboard
Cooling Wall/Window A/C
Possession At Close
Water Public Water
Appliances Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1978
Pets Allowed Yes
Subdivision COLONIAL ACRES SUB MI
Water Heater Gas
Style Ranch
County Oakland
Class RESIDENTIAL
Type Condominium
Ownership Private
Municipality South Lyon
Sale/Rent For Sale
Status Detail 0
HOA Fee Includes Gas Included Maintenance Grounds Snow Removal Trash Removal Water Club House Included Maintenance Structure Sewer
Structure Style Condo/Apt 1st Flr
Area South Lyon (63277)
Primary City South Lyon
Directions From Pontiac Trail turn onto Heritage Drive. Turn right (north) onto Potomac Drive. Take the first court on the left (west) side. The property is on the left (south) side of the court.
City South Lyon
School District South Lyon Community Schools
Financial Terms Cash
Legal Description Colonial Acres Co-Op
DOM 0
Postal Code 48178
Price Per Sq Ft Total AG 85.37
Public Remarks Enjoy comfortable independent living in Colonial Acres Phase V a 55+ community in South Lyon. Currently the best-priced available unit in the community this freshly painted home offers two bedrooms
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InteriorDining Room Level Entry
Basement Finished
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 2
Fireplace? No
Total Rooms 8
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ExteriorExterior Brick Wood
Exterior Amenities Inground Pool Patio
Pool (Y/N) Yes
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByJeff DuneskeListing Agent
Keller Williams Advantage NorthvilleBroker
Affordability Calculator
- Monthly Principal & Interest
- $483
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in South Lyon, MI
Average List Price $270,476
Percent of Sale Price 286%
About South Lyon, MI 12,956 Population
29% Since 2002
$ 65,418 Median Income
40.31 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1245844 Elementary School
1245851 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/31/2026 | $70,000 | | Listed Price |