$485,000 for Sale
529 coventry lane, grosse pointe woods, MI 48236
| Beds 4 | Baths 5 | 3,171 Sqft | 0.22 Acres |
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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!
Waterfront
Water Name: lake st. clair
Water Description: Lake Privileges
General Information
Sale Price: $485,000
Price/SqFt: $153
Status: Active
MLS#: rcomi20240066794
City: grosse pointe woods
Post Office: grosse pointe woods
Schools: grosse pointe
County: Wayne
Subdivision: yacht club view sub no 8-g.pte wds
Acres: 0.22
Lot Dimensions: 75.00 x 129.00
Bedrooms:4
Bathrooms:5 (4 full, 1 half)
House Size: 3,171 sq.ft.
Acreage: 0.22 est.
Year Built: 1972
Property Type: Single Family
Style: Colonial,Contemporary
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved,Pub. Sidewalk,Cul-De-Sac
Garage: 2 Car
Garage Description: Side Entrance,Electricity,Door Opener,Attached
Construction: Brick
Exterior: Brick
Exterior Misc: Tennis Court,Club House,Awning/Overhang(s),Pool – Community,Pool - Inground
Fireplaces: 1
Fireplace Description: Gas
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Appliances: Built-In Electric Range,Dishwasher,Double Oven,Dryer,Electric Cooktop,Exhaust Fan,Free-Standing Refrigerator,Microwave,Washer
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $6,499
Est. Winter Taxes: $6,749
Legal Description: WDAAAE149 LOT 149 YACHT CLUB VIEW SUB NO 8 PRIVATE CLAIM 156 L92 OF PLATS P83 84 WCR K 82.88
IDX provided courtesy of Realcomp II Ltd. via Prestige Real Estate Group and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders
Listing By: Ryan Lally of KW Grosse Pointe, Phone: (313) 886-7239
