One of the busiest neighborhoods for real estate in Detroit this year has been Islandview, located around East Grand Boulevard near Belle Isle and West Village. We’ve seen a lot of listings that, last year, we wouldn’t have believed they’d sell close to their asking price. But here we are. Development is starting to move down Kercheval and The Platform will be developing some of the area near Belle Isle. So we’ve seen many of these grand homes listing in the past six months.
This property at 497 East Grand Boulevard has mainly been used for offices in the recent past. It has incredible curb appeal, and at 4,000 square feet, it listed for $375,000 in May and sold for $325,000.
Also just down the street, this six-bedroom home was in decent shape and aiming a little too high when it listed at $305,000. It fluctuated in price, listing again at $250,000, before finally selling for $235,000. Realtor Gordon Hawkins tells us the new owners of both of these homes plan on living there.