Price Reduction
Address
701 Balfour Street, Grosse Pointe Park, MI
Price
$ 1,200,000
Property Attributes
  • MLS#50216500
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityGrosse Pointe Park City
  • CountyWayne
  • CityGrosse Pointe Park
  • NeighborhoodGrosse Pointe Park City
  • Zip48230
  • StyleSingle Family Residence
  • Year Built1950
  • Price$ 1,200,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4858
  • Lot Size0.33 Acres
Data Source:
MichRIC Datashare (MichRIC, Realcomp, MiRealSource)
Property Description

What if every day felt a little more like a getaway? Beautifully positioned on a picturesque corner lot just one block from Lake St. Clair, this exceptional Grosse Pointe Park colonial offers nearly 7,000 square feet of finished living space designed for gathering, entertaining and enjoying every season. The backyard is truly the heart of the home. Spend summer afternoons beside the impressive flat-bottom sports pool with beach-entry steps, unwind in the seven-person hot tub, host unforgettable dinners on multiple patios, or grill for friends in the built-in outdoor kitchen. A private pool house with changing rooms and bath, beautifully landscaped grounds, mature gardens, a paver driveway with inset lighting, and thoughtfully designed outdoor living spaces create a setting that feels both elegant and remarkably private. Inside, timeless architecture is paired with an exceptionally functional floor plan featuring rich hardwood floors, gracious formal living and dining rooms, an expansive family room overlooking the backyard, and a spacious eat-in kitchen with abundant cabinetry, walk-in pantry, and adjoining beverage bar area. The flexible layout includes a desirable first-floor en suite ideal for guests or multigenerational living, while the spacious second story primary suite offers a private balcony, spa-inspired bath with steam shower and integrated soaking tub, plus an expansive walk-in closet. Two additional bedrooms share a Jack-and-Jill bath, while the finished third floor provides endless possibilities for a home office, recreation room, studio, or additional bedroom. The nearly 2,000-square-foot lower level is a true extension of the home, offering a guest bedroom, full bath, generous recreation and entertaining spaces, spacious laundry room, workshop, and extensive custom built-in cabinetry and storage throughout. Multiple egress windows and direct exterior access create a bright, comfortable living environment rarely found in homes of this era. Equally impressive are the extensive investments made behind the scenes, including a full perimeter French drain system with vapor barrier protection, dual sump pumps, industrial-grade backflow prevention, updated electrical service, whole-house generator, newer HVAC with air purification, two 75-gallon water heaters, and upgraded pool house electrical—providing exceptional peace of mind for years to come. Located just minutes from downtown Detroit, residents enjoy exclusive access to Grosse Pointe Park's two resident-only waterfront parks featuring pools, movie theaters, fitness facilities, marinas, tennis and pickleball courts, playgrounds, dog park, kayak storage, year-round events, and more, along with easy access to the restaurants, boutiques and neighborhood charm that make Grosse Pointe Park one of Metro Detroit's most sought-after communities.

Price History
7/31/2026 Listed $1,300,000
9/3/2026 8$1,200,000

General Features

Sewer Public
Heating Forced Air
Cooling Central Air
Garage Spaces 2
Construction Materials Brick
Year Built 1950
Township Grosse Pointe Park City
Property Subtype Single Family Residence
County Wayne
Property Type Residential
Attached Garage true
Subdivision Name Grosse Pointe Park City
Garage Y/N true
Total Rooms 17
Status Active
City Grosse Pointe Park
Lot Size Units Acres
Lot Size Square Feet 14374.8
Listing Terms Cash,Conventional,VA Loan
Virtual Tour https://www.zillow.com/view-imx/2e4534c5-8345-4dbb-bf83-56b2714c0c63?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Virtual Tour https://gabriel-banuel-photography.aryeo.com/videos/019faa09-5ee8-70ec-8ae8-b9771fe973b8
Legal Description PKYY836 LOT 836 WINDMILL PTE SUB PC 126,127,379,570,696 L37 P5, 6 WCR

Interior Features

Fireplace Features Living Room
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Lower Level
Total Baths 4

Exterior Features

Exterior Amenities Patio
Parking Features Attached
Lot Features Corner Lot,Sidewalk
Lot Size Area 0.33
Building Area Total 4858
Lot Dimensions 77X183
Lot Size Acres 0.33

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48230

Price
AVG $680K
$1.2M
Year Built
AVG 1937
1950

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