Detroit Mansion Hits Market for $799,000

By Douglas A. McIntyre Updated Jan 13, 9:44AM EST · Published May 8, 9:37AM EDT

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Detroit Mansion Hits Market for $799,000 — © Thinkstock

Detroit is not a market full of expensive homes, so it unusual when one is for sale in the high seven figures hits the listings. The house at 17731 Hamilton Rd. is large at over 5,000 square feet, but needs work, or at least the listing hints as much. Thus, the $799,000 price would be higher if the house were in good repair.

The house sits next to the Detroit Golf Club, which was established in 1899 and has two full 18 hole courses. It is also near the Woodward Ave, a major north to south artery into Detroit.

The house was built in 1923, and has 6 bedrooms and 6.5 baths on three floors.

17731 Hamilton Rd is in a gated community of only 30 homes, but according to the listing at Realtor.com “demands attention” which is a phrase which may cut two ways. However, the home has only been on the market for a few weeks, so there are no signs it is one of those properties which lingers because of need for repair, price, or location.

The listing itself:

Sitting majestically on the 11th hole of the North Course of the 36 hole Detroit Golf Course is this 3 story, 7000+SF baby mansion styled home. Boasting an open floor plan, this 6 BR 6.5 bath home sits on a private road with 24 hour security. Beautiful wood floors & golf course views from almost every room. Enter into the foyer w/fireplace, original woodwork in this elegant home stands out. Great room w/FP, library w/built-in bar, formal DR & gourmet kitchen w/island and private stairs to 2nd level. Large MBR suite w/bath & 14×12 dressing room. Finished LLWU features steam shower, Jacuzzi tub & sauna. Home rec room w/bar. 3rd floor with multi-functional loft area w/BA has many possibilities. Professionally landscaped backyard w/in-ground custom Coy pond & great up close view of the course. Updates include: baths, electrical, SS appliances & insulation in this well maintained home. Very strong neighborhood association. Patrolled by sec company. Sellers offer 1 year HW.

No matter how attractive the home is, it is a mansion, and it is Detroit.

READ MORE: The Most Expensive House In Every City

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.