$463,000
$485,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4.5 Baths
3,171 SqFt
SOLD DATE : 11/26/2024
Key Details
Sold Price $463,000
Property Type Single Family Home
Sub Type Colonial,Contemporary
Listing Status Sold
Purchase Type For Sale
Square Footage 3,171 sqft
Price per Sqft $146
Subdivision Yacht Club View Sub No 8-G.Pte Wds
MLS Listing ID 20240066794
Sold Date 11/26/24
Style Colonial,Contemporary
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1972
Annual Tax Amount $13,248
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 75.00 x 129.00
Property Description
At $152/sqft, this is one of the best value-add opportunities in Metro Detroit! Appraised at $750,000 in March 2021, with the market appreciating approximately $50/sqft since! This is a rare chance to own one of only 43 homes in the exclusive GP Woods “Yacht Club View Subdivision,” located on a cul-de-sac near GP North High School and a short walk or bike ride to Lochmoor Country Club, Lake Shore Rd., and the GP Yacht Club. Plus, enjoy 3.3 miles of scenic, unobstructed views along Lake St. Clair. This 4-bedroom, 3 full and 1 half-bath home offers 3,171 sqft living space, plus an additional 1,620 sqft of unfinished basement (plumbed for a fourth full bath) below grade. Set on a 75x129 ft lot (0.22 acre), the home blends modern updates with the opportunity to add your own finishing touches. Recent improvements include: new windows, doors, kitchen, and appliances—all completed in the past two years! The driveway and garage floor have also been newly redone. With vacant residential lot values in GP exceeding $1M/ac and construction costs over $300/sqft, this home presents a fantastic opportunity for significant equity. Built in 1972, it’s “newer” than most Grosse Pointe homes and has many other updates, including custom casement windows, a gas fireplace with a stylish surround, new flooring, updated lighting, and refreshed electrical and plumbing. The layout is perfect for both living and entertaining, with spacious walk-in closets in every bedroom. The primary bedroom includes an ensuite bathroom, ready for you to design the ultimate retreat. The two-story foyer creates an impressive entrance, and the open indoor/outdoor flow makes it ideal for gatherings. Enjoy the convenience of a circular driveway, attached garage, first-floor mudroom, and laundry with a full bath. This home offers luxury living at a fraction of the cost of new construction and unbeatable value in one of Grosse Pointe’s most desirable neighborhoods. Don’t miss this chance to complete the renovation and enjoy substantial equity in your dream home!
Location
State MI
County Wayne
Area Grosse Pointe Woods
Direction 529 Coventry Ln, Grosse Pointe Woods, MI 48236
Rooms
Basement Unfinished
Kitchen Built-In Electric Range, Dishwasher, Double Oven, Dryer, Electric Cooktop, Exhaust Fan, Free-Standing Refrigerator, Microwave, Washer
Interior
Interior Features ENERGY STAR® Qualified Window(s)
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplaces Type Gas
Fireplace yes
Appliance Built-In Electric Range, Dishwasher, Double Oven, Dryer, Electric Cooktop, Exhaust Fan, Free-Standing Refrigerator, Microwave, Washer
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Tennis Court, Club House, Awning/Overhang(s), Pool – Community, Pool - Inground
Parking Features Side Entrance, Electricity, Door Opener, Attached
Garage Description 2 Car
Fence Fence Allowed
Waterfront Description Lake Privileges
Water Access Desc Navigable,All Sports Lake,Boat Facilities,Dock Facilities,Swim Association
Roof Type Asphalt
Porch Porch - Covered, Patio, Porch, Patio - Covered
Road Frontage Paved, Pub. Sidewalk, Cul-De-Sac
Garage yes
Private Pool 1
Building
Lot Description Dead End Street, Golf Community
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial, Contemporary
Warranty No
Level or Stories 2 Story
Structure Type Brick
Schools
School District Grosse Pointe
Others
Pets Allowed Cats OK, Dogs OK, Yes
Tax ID 40006140149000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Owner May Carry(Purchase Money Mortgage), Trade/Exchange, Warranty Deed
Listing Terms Cash, Owner May Carry(Purchase Money Mortgage), Trade/Exchange, Warranty Deed
Financing Cash,Owner May Carry(Purchase Money Mortgage),Trade/Exchange,Warranty Deed
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Bought with Adlhoch & Associates, REALTORS
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