A spectacular penthouse near the top of the Westin Book Cadillac Hotel downtown never sold and was recently taken off the market. When it first listed in April 2019 for $4.9 million, it was the most expensive listing in Detroit’s history.
“Despite good interest, including some pro athletes, we could not find a buyer that would meet the seller’s expectations,” listing agent Jerome Huez of Berkshire Hathaway HomeServices The Loft Warehouse wrote by email.
At three stories and 5,143 square feet, the condo is nearly the size of a mansion. The grandeur of the place is enhanced by the soaring main room featuring 30-feet high ceilings and 360 panorama views from the 29th floor offering unparalleled perspectives of downtown.
As you’d expect, there’s plenty of luxury finishes. The first floor is made of Carrara marble. There’s an antique corbel from the original Book Cadillac as well as a geometric, Art Deco light fixture over the dining room table. It also comes with fireplaces, a freestanding Jacuzzi, Thermador wine coolers, custom built-in cabinetry, and more.
But the cost of nearly $1,000 per square foot, combined with the $2,961 per month HOA fees, proved too high for potential buyers. The unit last sold in 2016 for $1.2 million, though at the time it was unfinished.