$485,000
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529 COVENTRY Grosse Pointe Woods, MI 48236
Single Family
Residence
4
Beds
5
Baths
3,171
Sq. Ft.
0.22
Acre
Lot
Property Activity
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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 ââ?¬Å?Yacht Club View Subdivision,ââ?¬Â? locat...ed 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 appliancesââ?¬â??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, itââ?¬â?¢s ââ?¬Å?newerââ?¬Â? 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 Pointeââ?¬â?¢s most desirable neighborhoods. Donââ?¬â?¢t miss this chance to complete the renovation and enjoy substantial equity in your dream home!
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Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60344273
Property Type
Single Family
Bedrooms
4
Bathrooms
4 Full/1 Half
Square Feet
3,171
sq. ft
Lot Size
0.22
Stories
2.0
Sewer
Public Sewer
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