2987 Franklin Street, Detroit, MI 48207

$1,885,000
4
BD
5
BA
4,860
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,885,000
Price Change
▼ $290,000 1784572383
Days on Market
95
MLS#
20261027850
Status
ACTIVE
Type
Condo
Bedrooms
4
Bathrooms
5
Full-baths
4
Half-baths
1
Living Area
4,860

Property Description

A Private Urban Estate | A Rare Detroit PenthouseSpanning nearly 5,000 square feet, this extraordinary penthouse ranks among Detroit's most architecturally distinctive residences. Hidden atop a historic Rivertown building, it offers the scale, privacy, and outdoor living more commonly associated with a private home than a traditional condominium.At the heart of the home is a 1,750-square-foot rooftop terrace, one of the largest private residential outdoor spaces in Detroit. Equal parts sanctuary and entertaining destination, it offers multiple areas for dining, lounging, and gathering beneath the skyline. Inside, dramatic floor-to-ceiling windows frame panoramic views stretching across downtown Detroit to Canada, filling the home with natural light by day and skyline views after dark.Originally designed by acclaimed Detroit architect Steve Flum, the residence is defined by exceptional craftsmanship. The 2022 custom kitchen features handcrafted cabinetry, illuminated vitrines, a sculptural island, premium appliances, and refined finishes, designed for everyday living and entertaining. A floating steel staircase by Detroit artist Logan Merry, restored cathedral doors, and a hand-carved marble wood-burning fireplace create a home that feels collected rather than constructed.The primary suite features a freestanding copper soaking tub, mosaic glass steam shower, and expansive custom closets. Three additional ensuite bedrooms provide exceptional accommodations for family and guests.Additional highlights include elevator access, motorized window shades, an integrated sound system, and two dedicated parking spaces within a secure gated lot.Just two blocks from Detroit's award-winning RiverWalk and moments from Belle Isle, the Detroit Yacht Club, downtown, acclaimed restaurants, sports venues, and cultural attractions, this is a residence unlike any other in Detroit, where authentic loft architecture, exceptional craftsmanship, and one of the city's most remarkable rooftop terraces come together in a singular

Additional Information

Taxes
$18,284
HOA Fee
891
HOA Frequency
Monthly
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Association Fee Includes
Lawn/Yard Care, Sewer, Snow Removal, Water, Maintenance Structure
Heating
Forced Air
Roofing
Rubber
School District
Detroit
Sewer
Public Sewer
Stories
2
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Randall S Fogelman from Listing Office: O'Connor Realty Detroit, LLC.

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .