513 Lincoln Avenue, Royal Oak, Michigan 48067

$595,000

Great Deal - This property is priced $43,397 below comparable homes in the area.

Property Details

MLS#: 20251043307
Bedrooms: 5
Bathrooms: 2
Square Feet: 2,391
Price per Sqft: $249
Lot Size: 0.18 acres
Year Built: 1922
Property Type: Residential
Status: Active
Days on Market: 68

Market Analysis

Estimated Value (CMA): $638,397
Area Avg Price/Sqft: $267
This Property: $249/sqft ($18 below area average)
Price Position: -7.0% vs comparable homes
Comparable Properties Analyzed: 6

Description

This is a once-in-a-lifetime opportunity to own a once-in-a-lifetime home, ideally located one block from downtown Royal Oak and all of its cafes, shops, restaurants, green spaces, and quaint neighborhood atmosphere. For the first time in over 50 years, this exclusive, historic Royal Oak property is on the market: on the outside, a charming Dutch colonial, and on the inside, a captivating classic that showcases timeless craftsmanship and enduring character. From the expanse of the original wood flooring, detailed coffered ceilings and trim, built-in cabinetry, marble fireplaces, the showpiece staircase, and old-world plaster, you are enveloped in the history of century-old craftsmanship and thoughtful design. Upon entering, you will be stunned by original woodwork throughout. The formal living and dining spaces flow together beautifully, accented by a marble fireplace, antique radio, and vintage fixtures. The kitchen features an ornate tin ceiling, original floor-to-ceiling cabinetry, and a sunny breakfast nook with an original leaded glass china case. Throughout the home are secret closets, surprise panels, and unique built-ins, even in the basement, which includes a meticulously maintained Art Deco terrazzo floor. Upstairs are vaulted hallway ceilings, five bedrooms, including a primary with coved plaster ceilings, and a wood-paneled study with a marble fireplace surround, built-in desk, and cedar closet tucked into the coffered walls. Most enchanting is the crafted shelving that serves as ship-ladder access to a beautifully finished two-room attic retreat. Outside, discover a private yard with ornamental trees and a winding stone pathway leading to an outdoor space featuring a century-old stone wall with a working fireplace and chimney. Beyond the historic masonry is a sun-drenched plot ideal for gardening or peaceful enjoyment. This is a once-in-a-lifetime opportunity to own a once-in-a-lifetime home, one block from downtown Royal Oak and all its charm.

Location

This property is located in Royal Oak, Michigan. Royal Oak is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 513 Lincoln Avenue?

513 Lincoln Avenue is listed at $595,000, or $249 per square foot.

How many bedrooms does 513 Lincoln Avenue have?

This property has 5 bedrooms and 2 bathrooms, with 2,391 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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