MLS # 50207103 (MiRealSource)

523 & 521 Lathrop are being sold as together as one incredible waterfront opportunity!! 01-152-0002-000, and 01-152-0001-000. Experience true waterfront living on the highly sought-after North Channel! Situated on a rare double lot with nearly 500 feet of seawall, this extraordinary waterfront estate offers approximately 3,700 square feet of living space and is completely surrounded by water, delivering breathtaking panoramic water views from every single window in the home. From the moment you enter, you’ll appreciate the soaring vaulted ceilings, expansive living spaces, beautiful updated hardwood flooring, freshly repainted interior, and timeless architectural character throughout. Designed to maximize the incredible waterfront setting, the home features multiple exterior balconies and incredible indoor and outdoor entertaining spaces that capture the beauty of the river from every angle. This home offers four fireplaces throughout the property, including stunning double-sided fireplaces that create warmth and ambiance between major living spaces. Fireplaces are featured in the dining room, living room, primary bedroom, and the incredible observatory-style room that may become your favorite retreat in the entire home. The kitchen is appointed with granite countertops and flows seamlessly into the entertaining areas, including one of the most unforgettable features of the property — an incredible waterfront wet bar positioned directly along the riverfront windows, creating an atmosphere that feels straight out of a classic James Bond movie. Outside, the property continues to impress with newer concrete, a beautiful concrete and brick paver fire pit area, and extensive docking accommodations for serious boaters. The sale includes two boat lifts, including one previously used for a 50-foot Sea Ray yacht and another capable of handling approximately a 25-30 foot boat. Whether you’re heading out for a sunset cruise or entertaining along the water, this property was built for the ultimate waterfront lifestyle. Additional highlights include a whole-house generator, an additional buildable lot included in the sale, and one of the most unique waterfront settings available on the market today. Located just minutes from downtown Algonac, waterfront dining, marinas, and easy access to the St. Clair River, Anchor Bay, and beyond, this is truly a once-in-a-generation opportunity to own one of the area’s most remarkable waterfront properties. Bring all offers!!!
Source: SparkMLS
Located in Clay Township in Algonac, this property offers 3-bedroom, 3-bath, with original construction dating to 1982.
Listed at $1,599,999.
Electric service is provided by DTE Electric Company; natural gas by SEMCO Energy Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jeremiah Glowski
Berkshire Hathaway HomeServices Kee Realty NB
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
523 Lathrop Avenue, Algonac, MI 48001
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Municipality
Clay Township
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