Franklin Homes with FHA 203K Financial terms

Welcome to Franklin, Michigan – a picturesque village nestled in the heart of Oakland County, where charm meets modern living. Known for its rich history and stunning landscapes, Franklin is a delightful blend of suburban tranquility and vibrant community spirit. With tree-lined streets, beautifully maintained parks, and a strong sense of community, this quaint village offers residents a peaceful retreat just a short drive from the bustling cities of Detroit and Birmingham.

Franklin is renowned for its exceptional schools, making it an ideal location for families seeking a nurturing environment for their children. The village is also home to a variety of local shops, dining options, and cultural attractions that reflect its unique character. From the historic Franklin Cider Mill to the lush natural beauty of the surrounding parks, there’s always something to explore in this charming locale.

For those looking to invest in their dream home, Franklin offers a range of properties suitable for various budgets and lifestyles. With the FHA 203K loan program available, homebuyers can take advantage of the opportunity to purchase a home that may need a little TLC. This financial option allows you to finance both the purchase price and renovation costs into a single mortgage, making it easier to transform a fixer-upper into your perfect haven.

Whether you’re drawn to Franklin for its serene environment, community vibe, or the potential of its homes, this charming village is ready to welcome you with open arms. Discover the possibilities that await you in Franklin, MI!

Newest Franklin Homes with FHA 203K Financial terms

$1,000,000

ACTIVE Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 61004270 MLS

The Meldrum House at 32020 Franklin Road is a rare and storied Tudor estate set on three wooded acres in the heart of Franklin Village, one of Oakland County's most coveted and charming communities. Built in 1929 and rich with architectural significance, and carrying an official historic designation, this home was designed by renowned architect William E. Kapp of Smith, Hinchman & Grylls, the firm behind Meadow Brook Hall, a National Historic Landmark. Brought to life by C.H. Gracey, local legend tells of a European design journey that inspired the home. Over the years, the property has been home to notable figures, including Detroit Tigers Hall of Famer Hal Newhouser and Chuck Jordan, former Vice President of Design for General Motors. Its legacy is deeply tied to the history of Franklin itself, with the land once owned by early township leader A.A. Rust dating back to the mid-1800s. Architecturally, the residence reflects classic Tudor design with brick construction, a slate roof, cross gables, dormer windows, intricate patterned brickwork, and a striking two-story turret. A prominent front chimney and charming balcony add to its character, while a substantial three-bay brick carriage house with a flared slate roof completes the estate setting. This is not a project for the faint of heart. The home requires significant restoration and vision, but for the right visionary, it presents an extraordinary opportunity to revive a true piece of Michigan history. With irreplaceable craftsmanship, a premier location, and undeniable provenance, The Meldrum House is a legacy property waiting to be brought back to life.

32020 Franklin Road, Franklin

Listing Courtesy of Arterra Luxe Collection LLC, Office Phone: 248-733-5893

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