There is a waterfront mansion in Detroit’s blue-blooded neighborhood of Grosse Pointe Shores. It will go to auction on October 28th with no reserve.
The mansion sits on a gated 3.75-acre property that has a main house, carriage house with guest apartment, 265 feet of Lake St. Clair shoreline, tennis court, putting green, gazebo, sports court, and professionally landscaped grounds.
The main house has three levels, elevator, two-story foyer with floating staircase, formal rooms, 21-foot ceilings, walls of glass overlooking the lake, a dining room, indoor pool, and spa plus the outdoor pool and spa, a primary bedroom with sitting room, fireplace, balcony, and a huge walk-through closet. It also boasts of a family room with its own kitchen, bar, and media area, and a child’s room and playroom. The property has a total of seven bedrooms and thirteen bathrooms.
The auction on October 28th for this waterfront property inside Detroit’s upscale suburbs is handled by Grand Estates Auction.
This is a look at the property from the vantage of the main gate. You can see here the large wrought-iron gate paired with tall trees and flowering shrubs. Image courtesy of Toptenrealestatedeals.com.
Upon entry of the property from the gate, you go through this wide driveway adorned with decorative stone, flowering shrubs and tall trees. Image courtesy of Toptenrealestatedeals.com.
This is a close look at the main entrance of the front of the house with a large arch and a covered entryway adorned with a colorful garden on the side. Image courtesy of Toptenrealestatedeals.com.
Upon entry of the house, you are welcomed by this foyer with bright walls, floor and tall ceiling paired with large windows and an indoor balcony. Image courtesy of Toptenrealestatedeals.com.
This other look at the grand foyer showcases the staircase railings and door frames that stand out against the beige walls and floor. Image courtesy of Toptenrealestatedeals.com.
This is the large living room with soaring ceiling, a fireplace topped with a large mirror and a sofa set that matches the walls. Image courtesy of Toptenrealestatedeals.com.
This other look at the living room showcases the large glass wall on the far side that brings in natural lights for the pastel-toned walls. Image courtesy of Toptenrealestatedeals.com.
This is the kitchen that has a large kitchen island topped with a coffered ceiling that matches the cabinetry. Image courtesy of Toptenrealestatedeals.com.
This is the informal breakfast dining area near the kitchen with a hearth area paired with a comfortable couch. Image courtesy of Toptenrealestatedeals.com.
The formal dining room has a large wooden dining table topped with a chandelier. These are complemented by the fireplace on the side topped with a painting. Image courtesy of Toptenrealestatedeals.com.
The formal dining area also has a separate dining table at the far end for the kids. Image courtesy of Toptenrealestatedeals.com.
This is the primary bedroom with a large four-poster bed and sitting area across from it by the fireplace. Image courtesy of Toptenrealestatedeals.com.
The four-poster bed of this bedroom stands out against the patterned ceiling, walls and carpeted flooring. Image courtesy of Toptenrealestatedeals.com.
This other bedroom has a large two-poster bed with a wooden headboard that matches the moldings of the ceiling. Image courtesy of Toptenrealestatedeals.com.
This is a guest bedroom with a white bed that matches well with the bedside drawers and the desk of the study area. Image courtesy of Toptenrealestatedeals.com.
This is the nursery and children’s bedroom that has colorful walls, sheets and curtains. Image courtesy of Toptenrealestatedeals.com.
This is the spacious bathroom with a large bathtub embedded with slabs of white marble by the large arched windows. Image courtesy of Toptenrealestatedeals.com.
This is a close look at the golden fixtures of the shower area that stands out against the white marble wall. Image courtesy of Toptenrealestatedeals.com.
This is a look at the glass-enclosed shower area of this bathroom beside the bathtub that is across from the vanity. Image courtesy of Toptenrealestatedeals.com.
This bathroom has a glass-enclosed shower area beside the beige vanity topped with mirror that has a golden frame. Image courtesy of Toptenrealestatedeals.com.
This is the powder room with floral patterns on its curved walls adorned with sconces. Image courtesy of Toptenrealestatedeals.com.
This is the walk-through closet of the primary bedroom with built-in wooden shelves, cabinets and racks. Image courtesy of Toptenrealestatedeals.com.
This is the family room with a tray ceiling over the large curved sectional sofa paired with a wooden apothecary coffee table. Image courtesy of Toptenrealestatedeals.com.
This other look at the family room shows the large curved sectional gray sofa across from the wood-paneled wall housing the fireplace. Image courtesy of Toptenrealestatedeals.com.
The house’s game room has a pool table on one side and a bar on the other side. These are complemented by the green walls. Image courtesy of Toptenrealestatedeals.com.
This is a look at the well-equipped home gym with brilliant lighting and beige walls. Image courtesy of Toptenrealestatedeals.com.
This hallway is lined with French glass doors on one side and topped with a beige tray ceiling with lighting. Image courtesy of Toptenrealestatedeals.com.
This is the spacious library with a large patterned area rug, a sofa and a large fireplace across from it. Image courtesy of Toptenrealestatedeals.com.
This other look at the library showcases the built-in bookshelves and large curtained windows that set a nice background for the reading area. Image courtesy of Toptenrealestatedeals.com.
This is the spiral staircase of the library with wooden banisters and railings. Image courtesy of Toptenrealestatedeals.com.
The colorful playroom has children’s games, colorful cabinets and a small table set. Image courtesy of Toptenrealestatedeals.com.
This is the wine cellar with built-in wooden bottle storage structures and a tasting area. Image courtesy of Toptenrealestatedeals.com.
This is the indoor pool that is illuminated by the row of French glass doors on one side and adorned with a blue tray ceiling. Image courtesy of Toptenrealestatedeals.com.
This is the indoor spa that is a few steps from the pool. This area has beige walls, columns and ceiling. Image courtesy of Toptenrealestatedeals.com.
This is the veranda with an outdoor dining area and sitting area that has a view of the lake. Image courtesy of Toptenrealestatedeals.com.
This is a look at the outdoor pool of the backyard from the vantage of the veranda. Image courtesy of Toptenrealestatedeals.com.
The backyard pool has an irregular shape and is adorned with decorative rocks and tall trees. Image courtesy of Toptenrealestatedeals.com.
This is the putting green of the property adorned with tall trees. Image courtesy of Toptenrealestatedeals.com.
This is the large tennis court surrounded by tall trees and colorful shrubs. Image courtesy of Toptenrealestatedeals.com.
The landscaping that surrounds the house is filled with grass lawns, colorful shrubs and tall trees. Image courtesy of Toptenrealestatedeals.com.
This is a look at the koi pond adorned with shrubs and a built-in concrete bench on the side. Image courtesy of Toptenrealestatedeals.com.
This is an aerial view of the back of the house featuring the backyard pool, the earthy exteriors and the lush green landscape that complements everything. Image courtesy of Toptenrealestatedeals.com.
This is an aerial view of the back of the house from the vantage of the lake. You can see here the earthy tones of the house exterior adorned by the landscape. Image courtesy of Toptenrealestatedeals.com.
This is an aerial view that shows the front of the house with a small garden in the middle of the driveway. Image courtesy of Toptenrealestatedeals.com.
This is an aerial view of the property that showcases the putting green and the tennis court adorned by tall trees. Image courtesy of Toptenrealestatedeals.com.
The man on the street is still thinking about Detroit as a fallen city; a virtual wasteland reduced to slum and crime. Entrepreneurs and forward thinkers, however, know a good thing when they see it and are scouting around looking to pounce on the good deals because they know their time is limited. As all things in the universe follow an up and down curve, so does the vibrancy of a city.
As is always true, smart people recognize this fact and look to take advantage of the lows so they can enjoy the uphill ride. The other fact they know is that nothing lasts forever, especially the good deals. Two years ago in 2011, former yacht dealer Bill McMachen knew a good thing when he saw it and for $4 million in back tax liens, bought all the foreclosed properties in Detroit’s Macomb County. He knows he can make $2 million selling them to rehabbers and is well on the way.
Just last week, the Wall Street Journal reported that the city had made a deal with its largest creditor. According to the Journal, “Under the plan, the city will knock down its fabled but soon-to-be-vacant Joe Louis Arena, home of the Detroit Red Wings professional hockey team, to make way for redevelopment led by Financial Guarantee Insurance Co., which the city owes about $1 billion.” This move could easily pull the city completely out of bankruptcy.
For some time now, good old fashioned American entrepreneurship led by young visionaries has been rebuilding the city from the inside out. Midtown Detroit, which had practically been a ghost town, is now one of the most successful areas of the city with an increasing number of young professionals moving in at a 96% residential rate enjoying expanding retail and entertainment venues.
Downtown, Midtown, and the New Center areas where 57% are between ages 25 to 34, 45% had bachelor’s degrees and 34% with master’s or professional degrees proves an unheralded upswing. They need places to live and places to shop, so it comes Whole Foods Market and the new $72 million shopping center, Gateway Plaza in Palmer Park, a new light rail system and Michigan billionaire, Mike Ilitch is doing his part by establishing a new arena in the entertainment district.
The trick is to get in now before the boom becomes obvious to everyone else and snap up an elegant mansion in a historically elegant neighborhood so you have a vantage point from which to watch the rebirth while watching your property values skyrocket.
One of the best vantage points seen in a long time is from this fabulous waterfront estate in Grosse Pointe Shores going to no reserve auction on October 28th. Perfect right down to the height of every blade of grass, entry is through a private, gated drive that brings one into the 3.75-acre property with the main house, carriage house with guest apartment, 265 feet of Lake St. Clair shoreline, tennis court, putting green, gazebo and sports court all laid out on professionally landscaped grounds.
The mansion itself is comprised of three levels with elevator and two-story foyer with floating staircase. Formal rooms are palace-sized with a massive formal living room with 21-foot ceilings, walls of glass overlooking Lake St. Clair, and a dining room measuring 36 feet with seating for 26.
Including the guest apartment over the carriage house, there are seven bedrooms and thirteen baths, an indoor pool, and spa plus the outdoor pool and spa, a to-die-for master suite with a sitting room, a fireplace, balcony, and huge walk-through closet. The family room is so large it has its own kitchen, bar, and media area, and one of the unexpected highlights is the over-the-top fantasy child’s room and playroom. All this and so much more, make this auction one of the year’s best.
Waterfront property in Detroit’s blue-blooded neighborhood of Grosse Pointe Shores; 3.75 acres with 265 feet of shoreline, includes every amenity imaginable. Going to no reserve auction on October 28th.
