11 months on rocket

505 Lake Shore Dr, Grosse Pointe Shores, MI, 48236

$3,390,000

4 Bedrooms
5 Full Baths, 2 Partial
6,921 SqFt
$490/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1999
HeatingNatural Gas, Forced Air, Humidity Control
CoolingCentral Air
BasementYes
WaterfrontLake, Lake Front, Waterfront
FireplaceFamRoom Fireplace, Gas Fireplace, Grt Rm Fireplace
ViewLake, Water
MLS #50112077
Lot Size0.40 Acres
StatusActive

About 505 Lake Shore Dr

CUSTOM BUILT IN 1999 AND JUST RECENTLY COMPLETELY RE-IMAGINED AND RE-DESIGNED BY Mertz|Casazza WITH NOTHING SHORT OF THE FINEST MATERIALS AND WORKMANSHIP AVAILABLE. THE DESIGN IS STRAIGHT OUT OF ARCHITECTURAL DIGEST W/PATTY BLASER FROM BLASER DESIGN GROUP. THIS HOME IS ON A LEVEL NOT SEEN IN GROSSE POINTE IN DECADES. THE LIST IS ALMOST ENDLESS AND CAN BE SEEN IN ADDTL' DOCS. THIS WATERFRONT ESTATE HOME OFFERS A FIRST FLOOR MASTER SUITE JUST UPDATED LAST MONTH. THE AMENITIES ARE TOO NUMEROUS TO LIST HERE. SEE THE PHOTOS AND VIDEO FOR YOURSELF.

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Stories: 1
  • Living Area: 6,921 SqFt

Listing Office:

  • Office Name: Lucido and Associates, Inc
  • Office Phone: (313) 882-1010
  • Listing Agent: Alex M. Lucido

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Disposal, Humidifier, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: 9 ft + Ceilings, Cathedral/Vaulted Ceiling, Elevator/Lift, Hardwood Floors, Walk-In Closet, Wet Bar/Bar, Furnished
  • Fireplace: FamRoom Fireplace, Gas Fireplace, Grt Rm Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake, Lake Front, Waterfront
  • View: Lake, Water
  • Exterior: Deck, Lawn Sprinkler, Porch, Outdoor Kitchen

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 505 Lake Shore Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Humidity Control
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Grosse Pointe North High School, Public District Grades 9-12
  • Parcells Middle School, Public District Grades 6-8
  • John Monteith Elementary School, Public District Grades KG-5

School District Information:

  • School District: Grosse Pointe Public Schools

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,390,000
  • Price Per SqFt: $490/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%
  • Seller's Agent Commission: 3%
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Housing Market Comparison

See how this home compares to others in Village of Grosse Pointe Shores, MI.

Med. Sold Price

$605.3K

Med. Price/SqFt

$231

Avg. Days On Market

49

# of Sold Homes

3

505 Lake Shore Dr vs Village of Grosse Pointe Shores

353 DAYS ON ROCKET

+304 Days

$3,390,000

+$2.7M More

$490/SqFt

+$258 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $258/SqFt more than other homes in Village of Grosse Pointe Shores, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50112077

Listing Office:

  • Office Name: Lucido and Associates, Inc
  • Office Phone: (313) 882-1010
  • Listing Agent: Alex M. Lucido

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/1/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$16.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6149833
4
/10
  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.23 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6149834
5
/10
  • Parcells Middle School

  • 20600 Mack Ave

  • 2.11 miles

  • Public District Grades 6-8

High School

school-card-donut-6149835
7
/10
  • Grosse Pointe North High School

  • 707 Vernier Rd

  • 1.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $120,076. The majority of Village of Grosse Pointe Shores, MI residents have income $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Lake Shore Dr

What is the listing price of this property?

The listing price of 505 Lake Shore Dr property is $3,390,000.

What type of property is this?

The property 505 Lake Shore Dr is a house located in Grosse Pointe Shores, Michigan, 48236.

Is this property for sale now?

Active Listing: 505 Lake Shore Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Lake Shore Dr are:
John Monteith Elementary School: GreatSchools Rating 4/10
Parcells Middle School: GreatSchools Rating 5/10
Grosse Pointe North High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 505 Lake Shore Dr has 4 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 505 Lake Shore Dr is 6,921 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Lake Shore Dr is 1999.
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Rocket HomesMichiganWayne CountyVillage of Grosse Pointe Shores48236505 Lake Shore Dr

This home is located at 505 Lake Shore Dr in Grosse Pointe Shores, MI and zip code 48236. This 6,921 square foot home, which was built in 1999, sits on a 0.40 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 13, 2023 and is currently priced at $3,390,000.

Village of Grosse Pointe Shores, MI housing market in April 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. The number of homes for sale in Village of Grosse Pointe Shores, MI increased by 27.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $605,325, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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