Sold
529 COVENTRY Lane
Grosse Pointe Woods MI, 48236
$463,000
$146.01 per sqft
Sold
4 Beds
4.5 Baths
3,171 sqft
Residential
Built in 1972
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!
20240066794
MLSⓇ ID
September 6, 2024
Listed
November 27, 2024
Updated
Map
529 COVENTRY Lane
Grosse Pointe Woods MI, 48236
Interior Features
Bedrooms
4
Total Bathrooms
4.5
Full Bathrooms
4
Half Bathrooms
1
Appliances
Microwave, Washer, Dishwasher, Dryer, Refrigerator
Fireplace
Yes
Fireplace Description
Family Room
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.22 Acres
Exterior Features
Dock
Architectual Style
Colonial, Contemporary
Roof
Asphalt
School Information
School District
Grosse Pointe
Other Property Details
Area Name
Grosse Pointe Woods
Taxes
$13,248
Tax Frequency
Annually
Days on Market
55
Garage
Yes
Parking
Attached
View
No
County
Wayne
Pool
Yes
Pool Features
Outdoor Pool, In Ground
Listing History
Date | Event | Price |
---|---|---|
11/27/2024 | Sold | $463,000 |
11/26/2024 | Pending | — |
10/23/2024 | Price change | $485,000 -8% |
Courtesy of KW Grosse Pointe
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Data last updated 1:09 PM UTC, 11/27/2024