Back 586 University Place
Off Market

586 University Place

Grosse Pointe MI 48230

4
3
2
3412 sq. ft.
0.18 ac.
Single-Family
Last sold for $700,000
Dean J. SineDean J. Sine, last sold this property on 17 August 2026 after 60 days on market.

Overview

Welcome to 586 University Place in highly sought-after Grosse Pointe City, Michigan. This classic Grosse Pointe Colonial offers 4 bedrooms, 2.1 baths, and approximately 2,447 square feet of beautifully maintained living space in one of Metro Detroit’s most desirable residential communities. Filled with timeless character and everyday functionality, this home features hardwood floors, spacious living and dining areas, a warm fireplace, an updated kitchen, generous bedroom space, a convenient mud room, and a finished lower level that provides additional space for entertaining, work, play, or fitness. Important updates include newer windows, an updated boiler, and a newer garage with walk-up storage, adding comfort, value, and everyday convenience. The private backyard and patio create an inviting outdoor setting for relaxing or entertaining. Located in the heart of Grosse Pointe City, residents enjoy access to the private lakefront city park, award-winning Grosse Pointe schools, nearby shopping, dining, parks, and the charm of one of Michigan’s most recognizable historic communities. If you are searching for a 4-bedroom home in Grosse Pointe, a classic Colonial in Grosse Pointe City, or a move-in ready home near Lake St. Clair, 586 University Place delivers the location, lifestyle, updates, and character buyers are looking for.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3412 sq. ft. floor area
0.18 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Grosse Pointe over the last 12 months, the estimated median property value of 586 University Place is $700k.

Median value
$700k
Estimated value range
$270k - $3m
Median days on market
13
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Grosse Pointe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 586 University Place

2026
Sold
$700,000
17 Aug 2026 by Dean J. Sine, of Sine & Monaghan LLC

Happy sellers in Grosse Pointe

<50%
Less than 50% of sellers in Grosse Pointe reported that their sale price either exceeded or met their price expectations.

Grosse Pointe stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Grosse Pointe over the last 12 months.

Local market activity for 4 bedroom single-family properties in Grosse Pointe

In the last 12 months, 70 four-bedroom single-family properties similar to 586 University Place, have been sold.

This represents a 9% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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