Active listing · MLS #20261037371

29886 Pointe Drive, Gibraltar

$462,000

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About this home

Spacious Waterfront Ranch in the Heart of Gibraltar – Your Boating Paradise Awaits! Welcome home to this impressive waterfront ranch in the charming, golf cart-friendly community of Gibraltar, Michigan. Offering 97 feet of prime water frontage, this property is a boater’s dream, featuring 3 docks with 6 boat slips and a durable galvanized steel seawall. Just minutes down the canal puts you right on Lake Erie, giving you effortless access to endless days of fishing, cruising, and waterfront fun. Recent updates make this home move-in ready and low-maintenance include a new roof and a new hot water tank. The kitchen and bath have been recently updated. Inside, the spacious living room flows seamlessly into the formal dining room, creating a perfect space for entertaining. An 8 foot wide door wall opens to a generous covered patio overlooking the beautiful yard, docks, and water views. The eat-in kitchen offers plenty of room for casual meals and family gatherings. The primary bedroom conveniently connects directly to the bathroom, while three additional bedrooms and another half bath provide ample space for family, guests, or a home office. A huge laundry room with extra storage space leads directly into the 576 sq ft attached garage. Outside, a large yard features driveways on both sides of the home for abundant parking & a storage shed. Living in Gibraltar means embracing the best of waterfront living in the "Venice of Michigan." Residents enjoy an active outdoor lifestyle with abundant boating, fishing, and access to nearby Lake Erie Metropark and protected wetlands, along with the outstanding Gibraltar Schools. Gibraltar is a welcoming place to put down roots and enjoy life on the water. Don’t miss your opportunity to own this rare waterfront retreat in one of Downriver’s most desirable communities. Schedule your private showing today and start living the Gibraltar lifestyle!

The facts

Price$462,000
Original price$469,000
Price cut−$7,000
Beds4
Baths1 full, 1 half
Square feet1,595
TypeSingle family residence
SubdivisionHALLS GIBRALTAR SUB 1
CountyWayne
MLS #20261037371
Listed2026-05-27
Days on market151
Year built1960
Possession30 days after closing
Stories1 story
HeatingForced air, Natural gas
FoundationCrawl space
Garage spaces2.0
Water / SewerCity water & sewer
WaterfrontLake Erie
Parcel number36017011075000
Listing officePower House Group Realty

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$99,996about $231,000
Yearly property tax$4,987about $11,607

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $6,619 a year more than this seller pays. The assessor's state equalized value (SEV) is $158,100. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Gibraltar's 2025 homestead rate of 50.25 mills and assumes you claim the homestead exemption. See Gibraltar's full tax breakdown or run the uncapping calculator.

Ask Match Realty about this home

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.