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

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