488 Lathrop St Algonac, MI 48001
Estimated payment $7,308/month
Highlights
- Boathouse
- Second Garage
- Deck
- River Front
- Fireplace in Primary Bedroom
- Contemporary Architecture
About This Home
Welcome to this stunning brand-new waterfront residence offering the ultimate luxury lifestyle! This 4-bedroom, 2.5-bath home is uniquely situated with river frontage at the rear and a sheltered canal at the front—perfect for boating enthusiasts. The canal features a covered boat hoist accommodating up to a 50-ft vessel (20,000 lb. limit), plus a massive drive-through garage designed for easy boat storage and access. The main home boasts a see-through attached garage, full-house generator, and dual-zoned furnaces for comfort and efficiency. Inside, enjoy a modern open layout with sleek cabinetry, state-of-the-art appliances, and a dramatic floating staircase. The living room offers a cozy fireplace, while the primary suite provides its own private fireplace retreat. An elevator ensures effortless access between levels. Outdoor living shines with a custom kitchen featuring granite and stone finishes, grill area with heating, and a fireplace for year-round entertaining. With water on both sides, architectural elegance, and premium amenities, this property is a rare find for the discerning buyer
Listing Agent
Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6501359729 Listed on: 09/29/2025
Co-Listing Agent
Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6501449604
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 2024
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 56x337x52x268
- River Front
- Home fronts a canal
- Sprinkler System
Home Design
- Contemporary Architecture
- Stone Siding
- Composite Building Materials
Interior Spaces
- 2,700 Sq Ft Home
- 2-Story Property
- Elevator
- Bar Fridge
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Free Standing Fireplace
- Gas Fireplace
- Entryway
- Living Room with Fireplace
- Ceramic Tile Flooring
Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry on upper level
- Dryer
- Washer
Basement
- Sump Pump
- Crawl Space
Parking
- 2.5 Car Direct Access Garage
- Second Garage
- Heated Garage
- Garage Door Opener
Outdoor Features
- Seawall
- Boathouse
- Balcony
- Deck
- Patio
- Outdoor Kitchen
- Pole Barn
- Built-In Barbecue
- Porch
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
Community Details
- Suprvrs Roy T Gilberts 9 Algonac Township Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-135-0003-001
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $5,528 | $115,600 | $0 | $0 |
| 2023 | $3,936 | $74,600 | $0 | $0 |
| 2022 | $2,549 | $66,000 | $0 | $0 |
| 2021 | $2,498 | $67,400 | $0 | $0 |
| 2020 | $2,499 | $67,400 | $67,400 | $0 |
| 2019 | $2,466 | $67,400 | $0 | $0 |
| 2018 | $2,420 | $63,100 | $0 | $0 |
| 2017 | $2,275 | $60,200 | $0 | $0 |
| 2016 | $2,086 | $60,200 | $0 | $0 |
| 2015 | -- | $60,200 | $60,200 | $0 |
| 2014 | -- | $64,500 | $64,500 | $0 |
| 2013 | -- | $64,500 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2025 10/21/25 | Price Changed | $1,299,000 | -7.1% | $481 / Sq Ft |
| 09/29/2025 09/29/25 | For Sale | $1,399,000 | -- | $518 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | -- |
Source: Michigan Multiple Listing Service
MLS Number: 50189912
APN: 01-135-0003-001
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Source MLS: MiRealSource
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