The last opportunity to acquire the only undeveloped land on coveted Lake Shore Drive! Nearly 1.25 acres between 2 tax lots with 202 feet of Lake Shore frontage and a lot depth of approximately 222' ft deep. Neighboring The Grosse Pointe Yacht Club with prime unobstructed view of Lake St Clair, 745-749 Lake Shore can be developed into one of The Pointes finest Lake Shore estates, or each parcel has the potential to be developed individually. A blank canvas to build your dream home. Offered at an attractive price point for a lot of this size and location. Inquire for additional details!
Property Details
Property Features
Listing Office:
Office Name: Jim Saros Real Estate Services
Office Phone: (313) 886-9030
Listing Agent: Ryan Berns
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 1.25 Acres
Other
Directions Information:
Directions: Vernier road to Lake Shore and head South
Price Information
Listing Price Info
Price Summary:
List Price: $1,700,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grosse Pointe Farms, MI.
This property is $1.1M more than the Median Sold Price in Grosse Pointe Farms, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240057875
Listing Office:
Office Name: Jim Saros Real Estate Services
Office Phone: (313) 886-9030
Listing Agent: Ryan Berns
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,552
Per Month
Principal & Interest
$8,485
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,163
Powered By
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school1.99 miles
Public District Grades KG-5
4
/10
John Monteith Elementary School
1275 Cook Rd
Distance between this listing and this school2.75 miles
Public District Grades KG-5
1
/10
Marvin L Winans Academy Elementary School
9740 McKinney St
Distance between this listing and this school3.17 miles
Public Charter Grades KG-5
Nearby Schools
9
/10
Brownell Middle School
260 Chalfonte Ave
Distance between this listing and this school1.67 miles
Public District Grades 6-8
9
/10
Pierce Middle School
15430 Kercheval Ave
Distance between this listing and this school1.95 miles
Public District Grades 6-8
1
/10
J E Clark Preparatory Academy
15755 Bremen St
Distance between this listing and this school2.26 miles
Public District Grades PK-8
Nearby Schools
10
/10
Grosse Pointe South High School
11 Grosse Pointe Blvd
Distance between this listing and this school0.41 miles
Public District Grades 9-12
1
/10
East English Village Preparatory Academy at Finney
5020 Cadieux Rd
Distance between this listing and this school2.19 miles
Public District Grades 9-12
4
/10
Davis Aerospace Technical High School at Golightly
900 Dickerson St
Distance between this listing and this school2.91 miles
The neighbors living near this home have an average income of $178,659. The majority of Grosse Pointe Farms, MI residents have income $200k+ annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 745-749 Lake Shore Rd
What is the listing price of this property?
The listing price of 745-749 Lake Shore Rd property is $1,700,000.
What type of property is this?
The property 745-749 Lake Shore Rd is land located in Grosse Pointe Shores, Michigan, 48236.
Is this property for sale now?
Active Listing: 745-749 Lake Shore Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 745-749 Lake Shore Rd is 1.25 acres.
Interested in 745-749 Lake Shore Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 745-749 Lake Shore Rd in Grosse Pointe Shores, MI and zip code 48236. This home sits on a 1.25 acre lot. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,700,000.
Grosse Pointe Farms, MI housing market in November 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. The number of homes for sale in Grosse Pointe Farms, MI decreased by 21.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 21 days, the median list price was $559,500.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Men's Tennis
Men's Tennis
Skiing/snowboarding
Bloomingdales
Nordstrom
Brooks Brothers
Bonefish Grill
California Pizza Kitchen
Qdoba
Lexus
BMW
Acura
News
Talk/Personality
Sports