58620 10 MILE Road

About this home

Own a piece of South Lyon history at Historic Peters SunKarest Farm. Set on approximately 2.66 acres framed by mature trees, this property blends restored living spaces, historic barn, and the character of a Michigan farmstead. Connected to the Peters family since 1919, this setting offers privacy, room to spread out, and a connection to the area’s agricultural heritage. Renovated from top to bottom, the primary residence pairs farmhouse charm with custom finishes and modern design. Spanning approximately 2,123 square feet, the home offers four bedrooms, two full bathrooms, and one half bath, with inviting spaces for living and entertaining. A covered porch and stonework create a memorable first impression. The finished basement offers a setting for a home theater, recreation room, or retreat, while two separate HVAC systems provide comfort and flexibility. The renovated carriage home adds approximately 1,300 square feet, one bedroom, one full bathroom, and one half bath. This separate residence provides flexibility for extended family, guests, or private living space, with the same blend of historic character and contemporary finishes. An impressive historic barn anchors the property, complemented by a garage and several additional outbuildings. Their scale and character offer exciting possibilities for storage, hobbies, workshop space, and creative pursuits. Equestrian, agricultural, or event uses would be subject to applicable approvals and historic preservation requirements. Mature trees and open lawn create a peaceful backdrop for gardening, gathering, and enjoying the changing seasons. Direct access to the bike path and nature trail makes outdoor recreation part of everyday life, with a trail connection toward the cider mill. Enjoy nearby downtown South Lyon and the South Lyon Community Schools district. Beautifully restored homes, distinctive outbuildings, mature grounds, and a rich local history make Historic Peters Farm an extraordinary place to call home.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in South Lyon

Over the last 90 days, 144 homes sold in South Lyon for a median of $430,000, about $173 per square foot, and the typical one went under contract in 20 days. This home is listed at $1,200,000, or $400 per square foot, 131% above the city median, and has been on the market 20 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent South Lyon sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $6,366 a year. A buyer who lives here would pay about $4,099 to $19,179 a year once the taxable value resets after the sale, at the 2025 homestead rate of 31.65 mills for Lyon Twp and South Lyon schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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