The median home price in Detroit is something just shy of $50,000. Thousands of homes sit unoccupied, mostly waiting to be torn down. That makes a $3.25 million home at 70 W. Boston Boulevard an oddity. However, Detroit has one, mostly for the first time in a long time.
The home carries the Kresge name. It is that of the family that founded the precursor to Kmart. The listing:
Welcome to this stunning, Mediterranean Revival home, known as The Kresge mansion! At over 20, 000 square feet and almost 4 acres this is one of Detroits largest residential properties. This is first opportunity in over 25 years to own this beautiful piece of Detroit History. Since it’s purchase in 1993, the owners have been restoring this mansion and its grounds to it’s original splendor. A long elegant hall way guides you through the home past the living room, music room, dining room, breakfast room & a large solarium on the first floor. 14 bedrooms, 9 full baths, 10 fireplaces, 2 indoor fountains, ornate ceilings, marble floors & a large secret room on the 3rd floor. 2 carriage houses are in back, each with 2 bedroom apartments and parking for up to 9 cars in the lower levels. Koi ponds are scattered throughout the vast estate, outlined in trees, shrubs, & flowers. The best way to describe this amazing estate is that it is like having a private park in your own back yard!
The home is close to the North End part of Detroit, near the city’s northern border.
70 W. Boston Boulevard runs several blocks and is mostly home to large, older mansions with large tree-covered yards.
A home of this size would cost $20 million or $30 million in a large city with rich neighborhoods. Detroit has none of those.
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