688 Balfour Street
Grosse Pointe Park, MI, 48230 $ 1,585,000
Bedrooms5 Baths5.2 Sq 6,883 Monthly Estimate*
$ 10,008
for $1,585,000 with 5 bedrooms and 5 full baths, 2 half baths. This 6,883 square foot home was built in 1941 on a lot size of 0.65.
The perfect combination of timeless pre-war character and thoughtfully curated modern updates, just steps from Lake St. Clair. This exceptional residence offers an ideal blend of historic charm and today's most desired amenities, featuring a beautifully updated kitchen that opens seamlessly to the stunning round family room, creating a rare and functional open-concept layout. Recent improvements include a newly renovated foyer, living room, and first-floor powder room, along with numerous cosmetic updates throughout the home that further elevate its style and appeal. All bathrooms have been updated, and the home also features a mudroom located off the attached heater garage, second-floor laundry (plus additional basement laundry), and a spectacular finished lower level complete with a large entertainment area, wet bar, and spa-inspired full bath. Virtually every major system has been addressed, including plumbing, electrical, windows, copper gutters, HVAC, blown-in insulation, and a French drain system—providing peace of mind for years to come. Situated on an impressive 0.65-acre lot, additional highlights include a circular driveway and additional storage shed. A truly rare offering in Grosse Pointe Park, combining character, scale, modern updates, and an unbeatable location near the waterfront, resident-only parks, and just minutes from Downtown Detroit.
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FeaturesGeneralSewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession Negotiable
Appliances Dishwasher Disposal Microwave
Garage Spaces 2.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Year Built 1941
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name WINDMILL POINTE SUB
Garage Y/N Y
Other Structures Sheds
Total Rooms 12
Full Baths 5
Status Active
Directions South of Jefferson
City GrossePointeParkCity_Wayne
Disclosures TaxesHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District GrossePointe
MLS Area Area05065GrossePointePark
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 30958.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 552641
Expected Active Date 2026-06-26
Legal Description *PKKYY46B* LOT 46 EXC THAT PT THEREOF DESC AS BEG ALONG A CURVE CONCAVE TO THE E. RAD 1242.50 FT ARC 200.05 FT CH S 32D 22M 48S E 199.84 FT FROM THE N WLY COR OF SAID LOT 46 - - TH N 41D 50M 09S
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InteriorBasement Finished
Fireplace Features Basement FamilyRoom LivingRoom OtherLocations
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 4883.0
Half Baths 2
Total Bedrooms 5
Below Grade Finished Area 2000.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 7
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ExteriorParking Features TwoCarGarage Attached
Lot Features CornerLot
Water Source WateratStreet
Foundation Details Basement Poured
Spa N
Lot Dimensions 80.00X175.00
Lot Size Acres 0.65
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByJames B SarosListing Agent
Jim Saros Real Estate ServicesBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,008
- Monthly Property Taxes
- $2,580
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 Park, MI
Average List Price $667,341
Percent of Sale Price 58%
About Grosse Pointe Park, MI 11,962 Population
-4% Since 2002
$ 102,149 Median Income
43.59 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909218 Elementary School
4909512 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $1,585,000 | | Listed Price |