707 Lake Shore Dr. $5,950,000

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    707 Lake Shore Dr. Grosse Pointe Shores, MI 48236

    • 5 Beds
    • 8 Baths
    • 7,575 sq. ft.
    • Single-Family
    • MLS# 50052578
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    Views: 632 Days On Site: 60

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    Property Details

    A once in a generation opportunity has presented itself on Lake Shore Drive in Grosse Pointe Shores, Michigan. Thoughtfully positioned on 1.2 acres of perfectly curated land with panoramic views of Lake St. Clair sits a brand new, custom limestone estate built by custom home builder, Hawasli Homes. As construction costs continue to rise to an all time high, unprecedented building material/construction delays, home inventory at an all time low, demand at an all time high and aggressively low interest rates, this custom estate is poised to be the perfect opportunity. Viewings by appointment only and must provide proof of funds.

    • General Features
      • Body of Water Lake St. Clair
      • Acreage 1.2
      • Area Municipality Grosse Pointe Shores (82332)
      • Association Fee Y/N No
      • Bedrooms 5
      • County Wayne
      • NEW CONSTRUCTION Completed,New/Never Occupied
      • Originating MLS MiRealSource
      • Ownership Private
      • Structure Style 2 Story
      • Subdivision Lochmoor Sub.
      • Waterfront Y/N Yes
      • Year Built 2021
      • ZONING Residential
    • Building Features
      • Architecture Style Other,Traditional
      • Bedroom 1 Level Second
      • Appliances Bar-Refrigerator, Dishwasher, Disposal, Humidifier, Microwave, Range/Oven, Refrigerator, Washer
      • Basement Type Finished, Full
      • BATH DESCRIPTIONS Basement Full Bath,First Flr Lavatory,PrimaryBdrm Full Bathroom,Whirlpool/Hot Tub,First Flr Full Bathroom,Second Flr Full Bathroom
      • Cooling System Central A/C
      • DINING KITCHEN Breakfast Nook/Room,Eat-In Kitchen,Formal Dining Room,Pantry
      • Exterior Construction Stone
      • Exterior Features Exterior Balcony, Fenced Yard, Inground Pool, Lawn Sprinkler, Patio, Porch, Swimming Pool
      • Fireplace Features FamRoom Fireplace, Gas Fireplace, Grt Rm Fireplace, Natural Fireplace
      • Foundation Type Basement
      • Garage Type Attached Garage, Electric in Garage, Gar Door Opener, Direct Access
      • Heating System Forced Air, Humidifier
      • Interior Features 9 ft + Ceilings, Interior Balcony, Cathedral/Vaulted Ceiling, Ceramic Floors, Elevator/Lift, Hardwood Floors, Walk-In Closet, Wet Bar/Bar
    • Property Features
      • Lot Size 177x292
      • PARKING 3 or More Spaces
      • Roads City/County, Paved Street
      • Sewer Septic Public At Street
      • Water Public Water at Street
      • Water Features Lake Frontage, Water View, Waterfront
    • Schools
      • Elementary School Ferry
      • High School GP North
      • Middle School Parcells
      • School District Grosse Pointe Public Schools

    Contact

    Susan Stainsby

    Susan Stainsby

    REALTOR, ABR, RENE, SRS, PSA

    RE/MAX Classic

    Mobile Phone: 734-377-6610

    Neighborhood

    48236 (Grosse Pointe Shores) Demographics

    45 Median Age
    3,348 Population Density (per sq. mile)
    70% College Educated
    $112,964 Estimated Median Income
    10,127 Estimated Total Home Owners
    1,159 Estimated Total Renters
    90% / 10% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    29,492 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $343,000 Median Sales Price
    46 Homes Sold
    72 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,950,000
        8/23/2021 4:04:54 AM Status Changed Source: Multiple Listing Service New Value: Active
        8/20/2021 4:53:00 PM New in Database Source: Multiple Listing Service New Value: $5,950,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.