Why Live in Gold Coast
Gold Coast in Detroit is a neighborhood adjacent to the historic Manoogian Mansion District and Belle Isle, offering residents scenic views of the Detroit River and proximity to Downtown Detroit, which is about 5 miles away. The area is quieter than downtown, with mid-rise and high-rise condo buildings surrounded by public parks. Most residents rent their condos, though some units are available for purchase. The neighborhood features properties like Beach Club Detroit, Alden Towers, Shoreline East Condominiums, and River Tower Senior Apartments, with many units having undergone renovations in the late 2010s. Residents enjoy greenspace maintained by the condo buildings or nearby parks. Belle Isle, accessible via the MacArthur Bridge, offers beaches, parks, a nature center, walking trails, and the historic Belle Isle Aquarium. Other nearby parks include Owen Park, Gabriel Richard Park, and Erma Henderson Park, with Gabriel Richard Park featuring the Detroit Riverwalk. Dining options in the area include Sindbad’s Restaurant and Marina, The Rattlesnake Club, and Bucharest Grill, with additional rooftop bars and speakeasies downtown. For groceries, residents frequent Indian Village Marketplace and Harbortown Market. The neighborhood is also close to attractions like the Detroit Grand Prix and the annual Detroit Autorama show. Public transportation options include DDOT buses along Jefferson Avenue, and residents can rent bikes for a quick ride downtown.
Home Trends in Gold Coast, MI
On average, homes in Gold Coast, Detroit sell after 103 days on the market compared to the national average of 52 days. The median sale price for homes in Gold Coast, Detroit over the last 12 months is $90,000, up 29% from the median home sale price over the previous 12 months.
Median Sale Price
$90,000
Median 2 Bedroom Sale Price
$119,999
Median 1 Bedroom Sale Price
$66,000
Average Price Per Sq Ft
$108
Number of Homes for Sale
27
Last 12 months Home Sales
29
Median List Price
$129,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
29%