The biggest sale of the year just showed up on the radar. The Bishop’s Mansion in Palmer Woods, Detroit’s largest residence, was not listed on the MLS and just sold to a California investor for $2.7 million fully furnished, according to selling agent Tony Rodriguez of Re/Max Suburban in Sterling Heights.
The Bishop Gallagher House is 35,000 square feet and was built in 1924-25 for Bishop Michael J. Gallagher. The house was financed by the Fisher brothers and designed by Maginnis and Walsh. The archdiocese sold the house in 1989 and Detroit Piston John Salley lived in the home for a while. Most recently, Great Faith Ministries owned the home.
This is the largest residential sale of the year in Detroit. A Book Cadillac penthouse had the top spot at $1,795,000, followed by the Motown Mansion at $1,650,000, and the Fisher Mansion at $1,250,000.
We’ll have more on the sale, including photos, next week.