MI > Grosse Pointe Woods > Yacht Club View Sub No 8-G.Pte Wds
Grosse Pointe Woods, MI 48236 1503,529 COVENTRY Lane
Grosse Pointe Woods, MI 48236 1503,529 COVENTRY Lane,Video Tour
Grosse Pointe Woods, MI 48236 1503,529 COVENTRY Lane
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$485,000
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4 BD
5 BA
3,171 SqFt
Price Dropped by $40K

529 COVENTRY Lane Grosse Pointe Woods, MI 48236 1503

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Scott Clay

Scott Clay

+1(989) 332-1712

UPDATED:

11/03/2024 09:28 PM

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,171 sqft

Price per Sqft $152

Subdivision Yacht Club View Sub No 8-G.Pte Wds

MLS Listing ID 60344273

Style 2 Story

Bedrooms 4

Full Baths 4

Half Baths 1

Abv Grd Liv Area 3,171

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 Grosse Pointe Woods (82333)

Rooms

Basement Unfinished

Interior

Hot Water Gas

Heating Forced Air

Cooling Central A/C

Fireplaces Type FamRoom Fireplace, Gas Fireplace

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

Exterior

Garage Attached Garage, Electric in Garage, Gar Door Opener, Side Loading Garage

Garage Spaces 2.0

Garage Description 22x22

Amenities Available Club House, Exercise/Facility Room, Golf Course

Waterfront No

Garage Yes

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Colonial, Contemporary

Structure Type Brick

Schools

School District Grosse Pointe Public Schools

Others

HOA Fee Include Club House Included

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,Exchange/Trade,FHA 203K,VA

Pets Description Cats Allowed, Dogs Allowed

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Grosse Pointe

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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529 COVENTRY Lane