$5,500,000
$1M PRICE DROP

2929 Bonnell Ave SE Grand Rapids, MI 49506

Estimated payment $39,422/month

Total Views 32,362
4 Beds
5.5 Baths
7,974 Sq Ft
$690 Price per Sq Ft

Highlights

  • Private Waterfront
  • Spa
  • Vaulted Ceiling
  • East Grand Rapids High School Rated A
  • 1.58 Acre Lot
  • Traditional Architecture

About This Home

Extraordinary Reeds Lake estate on private 1.58-acre site located on one of the most prestigious streets in East Grand Rapids and surrounded by like-kind homes. It features enormous curb presence with nearly 200' of frontage at the street, and the finest materials and craftsmanship throughout. In 2013, the 7,200 square foot main house was fully renovated down to the studs, and a luxury 700+ square foot Beach House and lower four-stall garage were added. The perfectly manicured site features professional landscaping with garden walls, circular drive, and a paver auto court, and continues lakeside with multiple Bluestone and paver patios, a hot tub, and a tree-lined hillside with Chilton steps to the water level. The main house offers thoughtful spaces, well-appointed rooms, a functional floor plan, entertainment areas, and unparalleled views of the lake from every room. Featuring both formal and informal gathering spaces; a gourmet kitchen with professional appliances, an over-sized island, built-in banquette, huge planning and laundry space; a private primary suite retreat with a lakeside bedroom, luxury bath, and custom closet; 3 additional bedrooms, 2 baths, and a second laundry can be found on the second level. The lower level is great entertaining space with a full bar/kitchenette, full bath, and family room with sliders to a lower patio. The Beach House features open concept living with vaulted ceilings, shiplap wall detail, full kitchen with a Kegorator and ice maker, full bath, laundry, outside shower, and a wrap-around patio for the ultimate in lakeside enjoyment. Launch your boat from your private ramp. Reeds Lake is the mecca for fishing, water sports, boating, and swimming. Gaslight Village, shopping, dining, parks, the library, schools and so much more are just a short walk or boat ride away. Please see the attached "Features" sheet with a list of amenities and the extensive media to experience the quality.

Listing Agent

Ken Grashuis

Greenridge Realty (EGR) License #6501185090 Listed on: 04/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $121,422

Year Built

  • Built in 1960

Lot Details

  • 1.58 Acre Lot
  • Private Waterfront
  • 104 Feet of Waterfront
  • Property has an invisible fence for dogs
  • Shrub
  • Terraced Lot
  • Sprinkler System

Parking

  • 8 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 7,974 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Mud Room
  • Dining Room with Fireplace
  • Water Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Water Access
  • Patio
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Power Generator
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Electric Vehicle Charging Station

Home Details

Home Type

Single Family

Est. Annual Taxes

$121,422

Year Built

Built in 1960

Lot Details

0

Parking

8

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1960
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular-See Survey
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 7974.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 121422.0
  • Tax Info:Zoning3: R-1
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 104.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Terraced Yard: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Additional Items:Wet Bar: Yes
  • Additional Items:Hot Tub Spa: Yes
  • Additional Items:Generator: Yes
  • Driveway:Paver Block: Yes
  • Additional Items:Ensuite: Yes
  • Additional Items:Vehicle Charging Station: Yes
  • General Property Info:SqFt Above Grade: 6386.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Upper Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Security Features:Security System: Yes
  • Fencing Invisible Fence: Yes
  • Other Equipment Generator2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier, Bar Fridge, Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Broadband, Garage Door Opener, Hot Tub Spa, Wet Bar, Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Formal Dining
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Crawl Space, Partial, Walk-Out Access
  • LivingArea: 7974.0
  • Other Equipment: Generator
  • Spa Features: Whirlpool Tub
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Fireplace:Formal Dining: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Fencing: Invisible Fence
  • List Price: 5500000.0
  • Lot Features: Sidewalk, Rolling Hills
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Water Body Name: Reeds Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.0
  • Garage: Yes
  • Parking Features: Garage Faces Side, Garage Faces Front, Garage Door Opener, Detached, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • Parking Features Garage Door Opener2: Yes
  • Parking Features Attached2: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Info:Garage Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air, Hot Water
  • Heating: Yes
  • Laundry Features: Main Level, Sink, Upper Level
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer, High-Speed Internet
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 1.58
  • Lot Size Area: 1.58
  • Lot Dimensions: Irregular-See Survey
  • Lot Size Sq Ft: 68651.0
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 121422.0
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $115,611 $2,277,000 $0 $0
2024 $115,611 $2,045,000 $0 $0
2023 $84,633 $1,938,700 $0 $0
2022 $80,214 $1,789,800 $0 $0
2021 $78,175 $1,717,500 $0 $0
2020 $72,749 $1,601,600 $0 $0
2019 $51,999 $1,573,000 $0 $0
2018 $51,171 $1,260,500 $0 $0
2017 $50,344 $1,107,600 $0 $0
2016 $49,287 $1,060,000 $0 $0
2015 -- $1,060,000 $0 $0
2013 -- $755,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $5,500,000 -7.6% $690 / Sq Ft
05/13/2025 05/13/25 Price Changed $5,950,000 -9.8% $746 / Sq Ft
04/11/2025 04/11/25 For Sale $6,600,000 +65.0% $828 / Sq Ft
05/31/2019 05/31/19 Sold $4,000,000 -11.1% $502 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $4,500,000 +275.0% $564 / Sq Ft
07/09/2012 07/09/12 Sold $1,200,000 -27.3% $199 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
05/06/2011 05/06/11 For Sale $1,650,000 -- $273 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Ata National Title Group Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $1,200,000 Grand Rapids Title Agency Ll
Interfamily Deed Transfer -- Clearstream Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Metropolitan Title Co
Interfamily Deed Transfer -- Metropolitan Title Co
Interfamily Deed Transfer -- Metropolitan Title Company
Warranty Deed $1,240,000 Metropolitan Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Closed $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,200,000 Credit Line Revolving
Previous Owner $750,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $900,000 Adjustable Rate Mortgage/ARM
Previous Owner $161,770 Credit Line Revolving
Previous Owner $1,307,200 Adjustable Rate Mortgage/ARM
Previous Owner $960,000 New Conventional
Previous Owner $700,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $800,000 No Value Available
Closed $140,000 No Value Available
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25014724

Southwestern Michigan Association of REALTORS®

APN: 41-14-34-402-005