2987 Franklin Street #PENTHOUSE Detroit MI 48207 MLS #20261027850

2987 Franklin Street #PENTHOUSE
Detroit, MI, 48207
$1,885,000
4 Beds
5 Baths
4,860 SqFt
0 Acres
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MLS #20261027850 image #0
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

Property Details

Price:
$1,885,000
MLS #:
20261027850
Status:
Active
Beds:
4
Baths:
5
Type:
Condo
Subtype:
Condominium
Subdivision:
FRANKLIN 2987 LOFTS CONDO
Neighborhood:
area05053detwoodwardmcclellansomack
Listed Date:
Apr 27, 2026
Finished Sq Ft:
4,860
Year Built:
1943
Short SaleArea05053detwoodwardmcclellansomackArea05053detwoodwardmcclellansomackFranklin 2987 Lofts CondoDetroitCatsok, Dogsok

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
4860
Appliances
BuiltInGasOven, Dishwasher, Dryer, FreeStandingRefrigerator, GasCooktop, VentedExhaustFan, Washer, WineRefrigerator
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Interior Features
Elevator, EntranceFoyer, HighSpeedInternet, ProgrammableThermostat, SoundSystem, WetBar
Levels
Bi Level

Exterior

Architectural Style
Loft, SplitLevel
Construction Materials
Brick, Metal Siding
Exterior Features
Balcony, Permeable Paving
Parking Features
Assigned2Spaces, DirectAccess, ParkingLot, NoGarage
Patio And Porch Features
Patio
Roof
Rubber

Financial

HOA Fee
$891
HOA Fee Frequency
Monthly
HOA Includes
Insurance, MaintenanceGrounds, MaintenanceStructure, Sewer, SnowRemoval, Water
Taxes
$18,284

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Condo in Detroit as of Aug 08, 2026
256
Condo Listed
115
Avg DOM
263
Avg $ / SqFt
$328,829
Avg List Price

Property Summary

    Located in the FRANKLIN 2987 LOFTS CONDO subdivision, 2987 Franklin Street #PENTHOUSE Detroit MI is a Condo for sale in Detroit, MI, 48207. It is listed for $1,885,000 and features 4 beds, 5 baths, and has approximately 4,860 square feet of living space, and was originally constructed in 1943. The current price per square foot is $388. The average price per square foot for Condo listings in Detroit is $263. The average listing price for Condo in Detroit is $328,829. To schedule a showing of MLS#20261027850 at 2987 Franklin Street #PENTHOUSE in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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