586 University Place
Grosse Pointe, MI, 48230 $ 700,000
Bedrooms4 Baths2.1 Sq 2,444 Monthly Estimate*
$ 4,310
for $700,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,444 square foot home was built in 1933 on a lot size of 0.18.
Welcome to 586 University Place in highly sought-after Grosse Pointe City, Michigan. This classic Grosse Pointe Colonial offers 4 bedrooms, 2.1 baths, and approximately 2,447 square feet of beautifully maintained living space in one of Metro Detroitâs most desirable residential communities. Filled with timeless character and everyday functionality, this home features hardwood floors, spacious living and dining areas, a warm fireplace, an updated kitchen, generous bedroom space, a convenient mud room, and a finished lower level that provides additional space for entertaining, work, play, or fitness. Important updates include newer windows, an updated boiler, and a newer garage with walk-up storage, adding comfort, value, and everyday convenience. The private backyard and patio create an inviting outdoor setting for relaxing or entertaining. Located in the heart of Grosse Pointe City, residents enjoy access to the private lakefront city park, award-winning Grosse Pointe schools, nearby shopping, dining, parks, and the charm of one of Michiganâs most recognizable historic communities. If you are searching for a 4-bedroom home in Grosse Pointe, a classic Colonial in Grosse Pointe City, or a move-in ready home near Lake St. Clair, 586 University Place delivers the location, lifestyle, updates, and character buyers are looking for.
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Single Family Coming Soon
FeaturesGeneralHeating Hot Water
Kitchen Level First
Cooling Central A/C
Possession Within 30 Days
Fireplaces LivRoom Fireplace
Garage Detached Garage Electric in Garage Gar Door Opener
Water Public Water at Street
Appliances Dishwasher Disposal Range/Oven Refrigerator
Status Active Coming Soon
Full Baths 2
Half Baths 1
Bathrooms 3
Year Built 1933
Subdivision Grosse Pointe Colony Sub MI
Water Heater Tankless Hot Water
Style Colonial
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Grosse Pointe
Zoning Residential
Sale/Rent For Sale
Status Detail 4
Structure Style 2 Story
Area Grosse Pointe (82335)
Primary City Grosse Pointe
Virtual Tour https://www.zillow.com/view-imx/194ca44b-c3d2-4a6f-800f-632df7259a2c?initialViewType=pano
High School South
City Grosse Pointe
School District Grosse Pointe Public Schools
Financial Terms Cash Conventional FHA VA
Elementary School Maire
Middle School Pierce
Legal Description CYS62 LOT 62 GROSSE POINTE COLONY SUB OF LOTS 18 19 20 ETC PC 299 300 458 L31 P95 WCR K 66.78
DOM 0
Postal Code 48230
Price Per Sq Ft Total AG 286.42
Public Remarks Welcome to 586 University Place in highly sought-after Grosse Pointe City Michigan. This classic Grosse Pointe Colonial offers 4 bedrooms 2.1 baths and approximately 2
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InteriorDining Room Level First
Basement Block Full Partially Finished
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Second
Beds 4
Fireplace? Yes
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ExteriorExterior Cedar
Exterior Amenities Fenced Yard
Frontage 60
Lot Size Area 0.18
Pool (Y/N) No
Lot Dimensions 60 x 133
Water Features All Sports Lake Lake/River Access
Waterfront Y/N No
Frontage Type Road
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* Excluded FeaturesList ByDean J. SineListing Agent
Sine & Monaghan LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,310
- Monthly Property Taxes
- $677
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Grosse Pointe, MI
Average List Price $582,746
Percent of Sale Price 17%
About Grosse Pointe, MI 5,521 Population
-2% Since 2002
$ 94,856 Median Income
46.87 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
5295700 Elementary School
4138019 Middle School
South High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/15/2026 | $700,000 | | Listed Price |