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Sold for $1,270,000
  • $1,270,000

    523 Lathrop Ave, Algonac, MI 48001

    3beds
    3,623sqft
    Single Family Residence
    Built in 1982
    0.66 Acres Lot
    $1,275,500 Zestimate®
    $351/sqft
    $3,264 Estimated rent

    Home value

    $1,275,500

    $1.15M - $1.42M

    $3,264/mo

    Zestimate® history
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    What's special

    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!!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremiah Glowski 810-278-3654,

    Berkshire Hathaway HomeServices Kee Realty NB,

    Olivia Brancato 586-612-3013,

    Berkshire Hathaway HomeServices Kee Realty NB

    Bought with:

    Julie Barney, 6501422788

    Realty Executives Home Towne Chesterfield

    Source: MiRealSource,MLS#: 50207103MLS LogoOriginating MLS: MiRealSource

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Laundry, Living Room, Utility/Laundry Room, Master Bedroom, Master Bathroom, Bathroom, Second Flr Lavatory, Second Flr Full Bathroom, Dining Room
    Bedroom 1
    • Level: Second
    • Area: 320
    • Dimensions: 20 x 16
    Bedroom 2
    • Level: First
    • Area: 180
    • Dimensions: 15 x 12
    Bedroom 3
    • Level: Second
    • Area: 224
    • Dimensions: 16 x 14
    Bathroom 1
    • Level: First
    Bathroom 2
    • Level: First
    Bathroom 3
    • Level: Second
    • Area: 312
    • Dimensions: 24 x 13
    Dining room
    • Features: Wood
    • Level: First
    • Area: 272
    • Dimensions: 17 x 16
    Family room
    • Level: First
    • Area: 483
    • Dimensions: 23 x 21
    Kitchen
    • Features: Wood
    • Level: First
    • Area: 288
    • Dimensions: 18 x 16
    Living room
    • Features: Wood
    • Level: First
    • Area: 625
    • Dimensions: 25 x 25
    Heating
    • Baseboard, Natural Gas, Wood
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer, Gas Water Heater
    • Laundry: First Floor Laundry, Laundry Room
    Features
    • High Ceilings, Interior Balcony, Cathedral/Vaulted Ceiling, Sump Pump, Walk-In Closet(s), Bar, Central Vacuum, Eat-in Kitchen
    • Flooring: Hardwood, Wood
    • Windows: Bay Window(s)
    • Basement: Crawl Space
    • Number of fireplaces: 4
    • Fireplace features: Dining Room, Family Room, Living Room, Master Bedroom
    Interior area
    • Total structure area: 3,623
    • Total interior livable area: 3,623 sqft
    • Finished area above ground: 3,623
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 or More Spaces, Covered, Garage, Lighted, Attached, Electric in Garage, Garage Door Opener, Heated Garage, Workshop in Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Balcony, Street Lights
    • Has spa: Yes
    • Spa features: Bath, Spa/Jetted Tub
    • On waterfront: Yes
    • Waterfront features: Boat Facility, Canal Front, River Front, Seawall, Waterfront
    • Frontage length: 250
    Lot
    • Size: 0.66 Acres
    • Dimensions: 250 x 224 x 227 x 70
    • Features: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Cul-De-Sac, Dead End
    Details
    • Additional structures: Shed(s)
    • Additional parcels included: 74-01-152-0002-000
    • Parcel number: 011520001000
    • Zoning description: Residential
    • Special conditions: Private

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Brick, Stone, Vinyl Siding, Vinyl Trim
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Electric: Generator
    • Sewer: Public Sanitary
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Mariners Pointe
    HOA
    • Has HOA: No
    Location
    • Region: Algonac

    Financial & listing details

    • Price per square foot: $351/sqft
    • Tax assessed value: $1,052,200
    • Annual tax amount: $7,432
    • Date on market: 5/11/2026
    • Cumulative days on market: 113 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/25/2026Sold$1,270,000-2.3%$351/sqft
    Source: MiRealSource #50207103 Report a problem
    9/2/2026Pending sale$1,299,900$359/sqft
    Source: MiRealSource #50207103 Report a problem
    7/29/2026Price change$1,299,900-17.5%$359/sqft
    Source: MiRealSource #50207103 Report a problem
    7/8/2026Price change$1,574,999-1.6%$435/sqft
    Source: MiRealSource #50207103 Report a problem
    5/22/2026Price change$1,599,999-20%$442/sqft
    Source: MiRealSource #50207103 Report a problem
    5/20/2026Price change$1,999,900-13%$552/sqft
    Source: MiRealSource #50207103 Report a problem
    5/13/2026Listed for sale$2,300,000$635/sqft
    Source: MiRealSource #50207103 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $526,100 +6.5%
    2025$12,608 +7%$494,100 -0.5%
    2024$11,780 +4.4%$496,800 +17.3%
    2023$11,281 +4.7%$423,700 +12.7%
    2022$10,772 $375,800 +4.2%
    2021-- $360,700 +1.1%
    2020-- $356,600 -0.5%
    2019$10,638 $358,400 +13.5%
    2018-- $315,900 +8.3%
    2017$10,436 +6.8%$291,700
    2016$9,771 $291,700 +3.8%
    2015$9,771 $280,900 +3.3%
    2014-- $271,800 +10.2%
    2013-- $246,700 -2%
    2012-- $251,800 -8.1%
    2011-- $274,000
    2010-- $274,000 -27.2%
    2009-- $376,200 -14.5%
    2008-- $440,000 -5.4%
    2007-- $465,000
    2006-- --
    2003-- $422,000 +4.4%
    2002-- $404,300 +9%
    2001-- $370,900 +6%
    2000-- $349,900
    Find assessor info on the county website

    Neighborhood: 48001

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Algonac Community School District

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,275,500

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,275,500