Appraised at $750,000 in March 2021, with the market $525,000

Lake Home For Sale

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 of above-grade 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), this home blends modern updates with the opportunity to add your own finishing touches. Recent improvements include a new roof, new windows, new doors, a new kitchen, and new appliances--all completed within the last two years! The driveway and garage floor have also been newly redone. With vacant residential lot values in GP exceeding $200K 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 boasts 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 new construction costs 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!