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$1,885,000
84 Days On Site

2987 Franklin Street PENTHOUSE
Detroit City, MI 48207

For Sale|Condominium|Active
4
Beds
5
Total Baths
4
Full Baths
1
Partial Bath
4,860
SqFt
$388
/SqFt
1943
Built
Subdivision:
FRANKLIN 2987 LOFTS CONDO
County:
Wayne
Call Now: 586-242-5838
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586-242-5838
2987 Franklin Street PENTHOUSE2987 Franklin Street PENTHOUSE2987 Franklin Street PENTHOUSE2987 Franklin Street PENTHOUSE
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Monthly Payment (Est.)

$8,600
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A Private Urban Estate | A Rare Detroit Penthouse Some residences simply cannot be recreated. Occupying nearly 5,000 square feet across multiple levels, this extraordinary penthouse offers a lifestyle unlike anything else in Detroit. Set within a discreet historic building in Rivertown, it is designed for those who value privacy, architectural character, and exceptional entertaining over a conventional high-rise experience. Rather than shared amenities, it offers something increasingly rare—the feeling of owning a private urban estate. At the heart of the home is an extraordinary 1,750-square-foot private terrace—one of the largest private residential outdoor living spaces in the city. Perfect for entertaining, dining, or relaxing, it extends the living space in a way few urban residences can. On the opposite side of the home, dramatic floor-to-ceiling windows frame sweeping views of the Detroit skyline and city lights, filling the residence with natural light by day and a spectacular backdrop at night. The 2022 chef's kitchen features custom cabinetry, illuminated vitrines, a sculptural island, and premium finishes. A floating staircase by Detroit artist Logan Merry, restored cathedral doors, and a hand-carved marble wood-burning fireplace showcase the home's exceptional craftsmanship and individuality. The primary suite features a freestanding copper soaking tub, mosaic glass steam shower, and generous custom closets. Three additional ensuite bedrooms provide exceptional comfort and flexibility for family or guests. Two gated parking spaces. Just two blocks from Detroit's award-winning RiverWalk and minutes from downtown, Belle Isle, the Detroit Yacht Club, restaurants, sports venues, and cultural attractions. Created for the buyer who values privacy over publicity, character over convention, and extraordinary space over cookie-cutter luxury, this is one of Detroit's truly unique residences.

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Listing Snapshot
Price 
$1,885,000
Days On Site 
84 Days
Bedrooms 
4
Inside Area (SqFt) 
4,860 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
N/A
Year Built 
1943
MLS® Number 
20261027850
Status 
Active
Property Tax 
$18,284.18
HOA/Condo/Coop Fees 
$891 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoPrice changed to $1,885,000
7 hours agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Cross Street 
Franklin and McDougall
Disclosures 
Exclusions Do Not Exist, Taxes Homestead Exempt
Levels 
Two
Parking 
Direct AccessParking LotNo GarageAssigned
Pets 
Cats OKDogs OK
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4860
Style 
LoftSplitLevel
Water Source 
Public
Interior Features
Appliances 
Gas Water HeaterBuilt-In Gas OvenDishwasherDryerFree-Standing RefrigeratorGas CooktopVented Exhaust FanWasherWine Refrigerator
Basement 
Unfinished
Electric 
Generator
Fireplace 
Yes
Fireplace Features 
Great RoomWood Burning
Heating 
Exhaust FanForced AirNatural Gas
Interior 
ElevatorEntrance FoyerHigh Speed InternetSound SystemWet BarSmart Thermostat
BathFull 
Dimensions - 6 X 15
BathLav 
Dimensions - 5 X 4Level - Second
Bedroom 
Dimensions - 15 X 15
Kitchen 
Dimensions - 35 X 21Level - Second
Living Room 
Dimensions - 20 X 35
Master Bathroom 
Dimensions - 12 X 16
Master Bedroom 
Dimensions - 24 X 20
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Exterior Features
Construction Details 
BrickMetal Siding
Exterior 
BalconyPermeable Paving
Patio And Porch 
Patio
Roof 
Rubber
Community Features
Association Dues 
891
Building Access 
UpperLevelwElevator
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
Area05053DetWoodwardMcclellanSoMack
Roads 
Paved
School District 
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of O'Connor Realty Detroit, LLC: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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