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$1,885,000 for Sale

2987 franklin street, detroit, MI 48207

Beds 4 Baths 5 4,860 Sqft 1 of 20
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Property Description
A Private Urban Estate | A Rare Detroit Penthouse Spanning nearly 5,000 square feet, this extraordinary penthouse ranks among Detroit's most architecturally distinctive residences. Hidden atop a historic Rivertown building, it offers the scale, privacy, and outdoor living more commonly associated with a private home than a traditional condominium. At the heart of the home is a 1,750-square-foot rooftop terrace, one of the largest private residential outdoor spaces in Detroit. Equal parts sanctuary and entertaining destination, it offers multiple areas for dining, lounging, and gathering beneath the skyline. Inside, dramatic floor-to-ceiling windows frame panoramic views stretching across downtown Detroit to Canada, filling the home with natural light by day and skyline views after dark. Originally designed by acclaimed Detroit architect Steve Flum, the residence is defined by exceptional craftsmanship. The 2022 custom kitchen features handcrafted cabinetry, illuminated vitrines, a sculptural island, premium appliances, and refined finishes, designed for everyday living and entertaining. A floating steel staircase by Detroit artist Logan Merry, restored cathedral doors, and a hand-carved marble wood-burning fireplace create a home that feels collected rather than constructed. The primary suite features a freestanding copper soaking tub, mosaic glass steam shower, and expansive custom closets. Three additional ensuite bedrooms provide exceptional accommodations for family and guests. Additional highlights include elevator access, motorized window shades, an integrated sound system, and two dedicated parking spaces within a secure gated lot. Just two blocks from Detroit's award-winning RiverWalk and moments from Belle Isle, the Detroit Yacht Club, downtown, acclaimed restaurants, sports venues, and cultural attractions, this is a residence unlike any other in Detroit, where authentic loft architecture, exceptional craftsmanship, and one of the city's most remarkable rooftop terraces come together in a singular
General Information
Sale Price: $1,885,000
Price/SqFt: $388
Est. Payments: $12,377
Calculate Payments Mortgage Rates
Status: Active
MLS#: 60987315
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: franklin 2987 lofts condo
Bedrooms:4
Bathrooms:5   (4 full, 1 half)
House Size: 4,860 sq.ft.
Year Built: 1943
Property Type: Condominium
Style: Split Level,Loft
Features & Room Sizes
Bedroom 1:  24x20
Bedroom 2 :  15x15
Bedroom 3:  15x15
Bedroom 4:  15x15
Family Room: 
Greatroom: 
Dining Room: 
Kitchen:  35x21
Livingroom:  20x35
Pole Buildings: 
Paved Road:  Paved Street
Garage:  No Garage
Garage Description:  Direct Access
Exterior:  Brick,Metal Siding
Exterior Misc:  Exterior Balcony,Patio
Fireplaces:  Yes
Fireplace Description:  Grt Rm Fireplace,Natural Fireplace
Basement:  Yes
Basement Description:  Common,Unfinished
Foundation :  Basement
Appliances:  Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
Heating:  Forced Air
Fuel:  Natural Gas
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $16,228
Est. Winter Taxes:  $2,056
HOA fees:  891
HOA fees Period:  Monthly


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Randall Fogelman of O'Connor Realty Detroit, LLC

This listing last updated: Fri, July 24, 2026 at 9:34:51 AM EDT

MIRealSource Listing Data Last Updated On Sunday, July 26 2026 at 6:38am
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Listings presented by:
Randall Fogelman
O'Connor Realty Detroit, LLC
Call: (313) 378-4270

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