Most Expensive House in Detroit Costs $2.5 Million
The median home value in Detroit is $37,000, according to Zillow. That stands against a U.S. average of $187,000. The most expensive home in Detroit that is on the market is a mansion that would cost three or four times as much as in any other city.
Detroit continues to bulldoze tens of thousands of homes in its most blighted areas. The city still has a program to auction off homes for as little as $1,000. These activities are far from 2 Sand Bar Lane. The home there has six bedrooms, five full baths, three half-baths and a square footage of 13,100.
2 Sand Bar Lane sits on the Detroit River, just above the northern most point on Belle Ilse, once one of Detroit’s destination pleasures. It is just southwest of the expensive communities of Grosse Point and Grosse Pointe Farms, which look onto Lake Saint Clare.
The house is relatively new, a colonial contemporary built in 2009.
The listing, in all caps, an editorial decision made by the listing agent:
PREPARE TO BE AMAZED WHEN YOU WALK INTO THE ITALIAN MARBLE FOYER WITH DUAL STAIRCASES & SPECTACULAR VIEWS OF THE DETROIT RIVER FROM EVERY ANGLE OF THE HOME. THIS STUNNING WATERFRONT HOME IS DESIGNED TO ACCOMMODATE A LIFESTYLE OF LUXURY,COMFORT & ENTERTAINING. THIS GRAND 3 STORY CONTEMPORARY HOME HAS 6 BDRMS, 5 FULL BATHS, 3 LAVS, A OPEN FLOOR PLAN ENCOMPASSING OVER 13,000 SQFT OF LIVING SPACE WITH SOARING CEILINGS, 1ST & 2ND FLR MSTR STES, GOURMET STYLE KIT W/CUSTOM CABINETRY, GRANITE COUNTERS & HIGH-END APPLIANCES. TAKE THE ELEVATOR TO THE 3RD FLOOR WHERE YOU WILL FIND A 2ND GOURMET KITCHEN WITH A FULL SIZE GRANITE WET BAR & OVER 3,000 SQFT PERFECT FOR ENTERTAINING GUEST. THERE IS FLOOR TO CEILING WINDOWS W/MAGNIFICENT VIEWS OF BELLE ISLE & CANADA. PRIVATE 75 FT BOAT SLIP, A STATE OF THE ART SEA WALL AND PRIVATE BOARDWALK THAT WILL LIGHT UP THE NIGHT. BRICK PATIO ON THE FIRST FLOOR AND A 2 STORY DECK THAT WRAPS AROUND THE ENTIRE 2ND & 3RD FLOOR.
Of course, no matter how far from downtown the house is, it is still in Detroit. Many possible buyers must be looking at similar homes in the more affluent, and probably safer, northern suburbs.