Homes for sale - 529 COVENTRY Lane, Grosse Pointe Woods, MI 48236

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Dirk Stone

[email protected] +1(231) 740-9298

$ 485,000

Est. payment -/mo

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Price Dropped by $40K

529 COVENTRY Lane Grosse Pointe Woods, MI 48236

4 Beds

5 Baths

3,171 SqFt

UPDATED:

11/17/2024 04:30 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,171 sqft

Price per Sqft $152

Municipality Grosse Pointe Woods City

Subdivision Grosse Pointe Woods City

MLS Listing ID 20240066794

Style Colonial

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Y/N true

Originating Board Realcomp

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 Wayne County - 100

Direction 529 Coventry Ln, Grosse Pointe Woods, MI 48236

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Family Room, Gas Log

Fireplace true

Appliance Washer, Refrigerator, Range, Oven, Microwave, Dishwasher

Exterior

Exterior Feature Patio, Porch(es), Tennis Court(s)

Garage Attached, Garage Door Opener

Garage Spaces 2.0

Pool Outdoor/Inground

Amenities Available Pool

Waterfront No

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Lot Description Golf Community

Story 2

Sewer Public

Water Public

Architectural Style Colonial

Structure Type Brick

Others

Tax ID 40006140149000

Acceptable Financing Cash

Listing Terms Cash

Listed by KW Grosse Pointe

Dirk Stone

+1(231) 740-9298

Dirk Stone

529 COVENTRY Lane Grosse Pointe Woods, MI 48236

Key Details

Location

Interior

Exterior

Building

Others

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529 COVENTRY Lane