Weekly Top Ten Real Estate Hot List Tue: 09-18-2012
Don’t sell Motown short! The Detroit area is filled with charming neighborhoods with tree-lined sidewalks, glorious shops, restaurants with sidewalk cafes, and gourmet markets. Due to the brilliant northern sunlight, flowers bloom twice the size than they do in the lower states, and the drive northeast along the lakeshore is filled with parks, marinas and earthy frame restaurants with decks suspended over the water where one can enjoy lunch and watch freighters chug their way to their destination ports.
Picturesque and charming, yes! However, the real highlight is the fabulous real estate hitting the market with bargain basement prices on some of the most elegant historical mansions in the country, and in good neighborhoods such as Palmer Woods where Mitt Romney once lived with his parents. These are exclusive, pristine neighborhoods built for the automobile executives when elegant large mansions were standard for the upper echelon in the industry.
How would you like to have a gorgeous, updated 9,300 square foot mansion in the exclusive neighborhood of Indian Village? With a crystal chandelier given as a gift by Edsel Ford! The chandelier is hanging over the grand staircase in this elegant 1909 French Regency mansion and was a gift to the original owner, Cornelius Ray. How would you like to have it for just $550,000? The mansion sits on three lots totaling almost an acre and has 7 bedrooms and 6 baths. It was designed by Louis Kamper, who also designed and built his own massive home in the neighborhood. Within this prestigious neighborhood, there are a plethora of beautifully maintained mansions, lovely parks for children, the tennis club, and elegant tree-shaded sidewalks to stroll while discussing how this or that mansion compares to yours.
$550,000 for a 9,300 square foot mansion with ties to Edsel Ford. With prices this low on absolutely fabulous homes and mansions, it's surprising that everyone isn't moving to Detroit.