$1,885,000

2987 Franklin Street PENTHOUSE, Detroit, MI 48207

  • 4 beds |
  • 5 baths |
  • 4,860 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1943
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $388/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

A Private Urban Estate | A Rare Detroit Penthouse Some residences simply cannot be recreated. Occupying nearly 5,000 square feet across multiple levels, this extraordinary penthouse offers a lifestyle unlike anything else in Detroit. Set within a discreet historic building in Rivertown, it is designed for those who value privacy, architectural character, and exceptional entertaining over a conventional high-rise experience. Rather than shared amenities, it offers something increasingly rare--the feeling of owning a private urban estate. At the heart of the home is an extraordinary 1,750-square-foot private terrace--one of the largest private residential outdoor living spaces in the city. Perfect for entertaining, dining, or relaxing, it extends the living space in a way few urban residences can. On the opposite side of the home, dramatic floor-to-ceiling windows frame sweeping views of the Detroit skyline and city lights, filling the residence with natural light by day and a spectacular backdrop at night. The 2022 chef's kitchen features custom cabinetry, illuminated vitrines, a sculptural island, and premium finishes. A floating staircase by Detroit artist Logan Merry, restored cathedral doors, and a hand-carved marble wood-burning fireplace showcase the home's exceptional craftsmanship and individuality. The primary suite features a freestanding copper soaking tub, mosaic glass steam shower, and generous custom closets. Three additional ensuite bedrooms provide exceptional comfort and flexibility for family or guests. Two gated parking spaces. Just two blocks from Detroit's award-winning RiverWalk and minutes from downtown, Belle Isle, the Detroit Yacht Club, restaurants, sports venues, and cultural attractions. Created for the buyer who values privacy over publicity, character over convention, and extraordinary space over cookie-cutter luxury, this is one of Detroit's truly unique residences.

Listing Status:
Active
Date Added:
May 1, 2026
Data Last Updated:
July 21, 2026 at 3:47PM
Listing Office:
O'Connor Realty Detroit, LLC : 313-963-9891
Listing Agent:
Randall Fogelman : 313-378-4270
MLS ID:
60987315
  • General: DSL AvailableElevator/LiftSound SystemWet Bar/Bar
  • Kitchen: Floor: Marble
  • Appliances: DishwasherDryerRange/OvenRefrigeratorWasherGas Water Heater
  • Living Room: Floor: Wood
  • Basement: CommonUnfinished
  • Heating: Natural GasForced Air
  • Fireplace: Great RoomNatural FireplaceFireplace
  • General: Balcony
  • Other Structures: Patio
  • Parking: 2 SpacesParking spaces: 0
  • General: BrickMetal SidingBi-LevelSplit LevelLoftBasement
  • Road/Access: Paved
  • HOA Amenities: Maintenance GroundsSnow RemovalWaterMaintenance StructureSewer891.0Monthly
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: N FRANKLIN UNIT NO 14 WAYNE COUNTY CONDO PLAN NO 1095 "FRANKLIN 2987 LOFTS CONDOMINIUM" RECORDED L54500 P897 DEEDS W C R 11/14 5.81%; 1451 SQ FT SPLIT/COMBINED ON 10/05/2017 FROM 11000072-411000075.; SPLIT/COMBINED ON 11/06/2018 FROM 11000072-5;
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Randall Fogelman , O'Connor Realty Detroit, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location