Photo 1 of 29495 E River RD
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Active · MLS #20261082946
$1,125,000 4 bd4 ba3,037 sqft

29495 E River RD , Grosse Ile Township, MI 48138

Est. $8,523/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1949
Lot0.5 acres
Garage3 spaces
Price/sqft$370
On market12 days

About this home

Commanding a Gracious Half-Acre with more than 64 feet of Private Detroit River Frontage, this 3,037 square foot Grosse Ile Estate offers 4 Bedrooms, 3.5 Baths, and a Front-Row Seat to one of the most Coveted Stretches of water in Southeast Michigan. Here, Freighters glide past at dusk, Sailboats drift toward the Grosse Ile Yacht Club, and every day Begins and Ends with the River. In the Welcoming Foyer, a Train makes its unhurried Journey along the Upper Perimeter, a Signature Detail that speaks of a Home Designed with Joy. Bubble Skylights bathe the interiors in Natural Light, and the Family Room gathers everyone around the glow of a Gas Fireplace. The Chef’s Kitchen is an instrument of Culinary Artistry. A professional Wolf gas range and hood anchor the space, complemented by a Pot Filler, Warming Drawers, Refrigerator Drawers, and a Steamer, an Orchestration of Premium Appliances that makes Intimate Dinners and Grand Celebrations equally Effortless. Retreat to the Primary Suite, where Panoramic views unfold across the Detroit River. Sunrise over the Island, the Quiet Rhythm of Passing Boats: this is a Private Sanctuary Framed by an Ever-Changing Masterpiece. The Second Floor offers a Bedroom and Full Bath, along with an inspired Flex Room that opens to a Private Balcony overlooking the River. Envision a Sunlit Studio, an Executive Office with a view worth Closing the Deal on, or a Lounge for Golden-hour Cocktails above the Water. For the True Boating Enthusiast: A Seawall defines the Shoreline, Two Boat Lifts stand ready (one engineered for vessels up to 14,000 lbs), and a Jet Ski Platform. A 3-Car Garage, equipped with an EV Charger, provides Generous Space for Vehicles, Gear, and Seasonal Treasures. Rare Frontage. Remarkable Views. A Residence of Genuine Character. This is Grosse Ile Waterfront Living, Elevated to its Finest Expression. Contingent upon Seller securing Home of Choice ~ Actively Looking.

Monthly payment

$8,523per month
Principal & interest$6,400
Property tax, current$1,459
Homeowners insurance$200
Mortgage insurance (PMI)$464

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$1,125,000
Beds4
Baths3 full, 1 half
Square feet3,037
TypeSingle family residence
SubdivisionSUPERVISORS GROSSE ILE 48
CountyWayne
MLS #20261082946
Listed2026-10-22
Days on market12
Year built1949
PossessionNegotiable
Stories2 stories
HeatingBaseboard, Electric, Hot water
FoundationCrawl space
Garage spaces3.0
Water / SewerCity water & sewer
WaterfrontDetroit River
FireplaceYes
Parcel number73066020415000
Listing officeMBA Realty

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$406,910about $562,500
Yearly property tax$17,510about $24,859

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $7,349 a year more than this seller pays. The assessor's state equalized value (SEV) is $410,200. 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 Grosse Ile Township's 2025 homestead rate of 44.19 mills and assumes you claim the homestead exemption. See Grosse Ile Township's full tax breakdown or run the uncapping calculator.

Location

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 2026-11-03T10:57+00:00; refreshed at least twice daily.

$1,125,000Est. $8,523/mo
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