20 Lakecrest LN, Grosse Pointe Farms, MI 48236
Est. $8,198/mo with current taxes · · See the breakdown
About this home
Distinctive Living in a Coveted Grosse Pointe Farms Location Welcome to this classic four-bedroom, 2.5 bath residence, located in desirable Grosse Pointe Farms, just steps from Lake St Clair, excellent schools, and premier shopping and restaurants. Combining classic appeal with desirable modern conveniences, this home offers a wonderful setting for both everyday living and entertaining. A dedicated library provides an inviting space for reading, working, or quiet relaxation, while the first-floor laundry adds everyday convenience. Enjoy the large eat-in kitchen for all of those family dinners by the cozy fireplace. The attached two-car garage offers easy access and additional practicality. Step outside to enjoy the built-in swimming pool, creating a private backyard retreat for summer relaxation and entertaining family and friends. Recent improvements include a newer roof, furnace, and central air conditioning, along with a whole-house generator for added peace of mind. With its generous four-bedroom layout, desirable amenities, and the exceptional location, this residence presents a wonderful opportunity to enjoy the best of the Grosse Pointe Farms lifestyle.
Monthly payment
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.The uncapped tax line is this home's bill after it uncaps: half the price times 52.74 mills, the 2025 homestead rate here. 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 | $1,100,000 |
| Beds | 4 |
| Baths | 2 full, 1 half |
| Square feet | 4,192 |
| Type | Single family residence |
| Subdivision | LAKECREST LANE SUB |
| County | Wayne |
| MLS # | 58050226374 |
| Listed | 2026-10-30 |
| Days on market | 0 |
| Year built | 1955 |
| Possession | At closing |
| Stories | 2 stories |
| Heating | Forced air, Natural gas |
| Foundation | Basement |
| Garage spaces | 2.5 |
| Water / Sewer | City water & sewer |
| Fireplace | Yes |
| Parcel number | 38015080001000 |
| Listing office | Sine & Monaghan LLC |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | — | about $550,000 |
| Yearly property tax | $15,446 | about $29,009 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $13,563 a year more than this seller pays. The assessor's state equalized value (SEV) is $563,100. 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 Grosse Pointe Farms's 2025 homestead rate of 52.74 mills and assumes you claim the homestead exemption. See Grosse Pointe Farms's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and MiRealSource, ©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 2026-11-02T23:11+00:00; refreshed at least twice daily.