Inspired by Maureen Francis’ post, “Metro Detroit’s Most Expensive Home,” I have decided to bring you “Greater Lansing’s Most Expensive Home.”  Only about 60 miles separate the most expensive homes currently listed in Metro Detroit and in Greater Lansing, but they are separated in asking price by $11,750,000.

Living in the Lansing area is cheap!  You can have the nicest home listed in town for only $2,750,000.

What can you expect for $2,750,000 in Greater Lansing?

  • 20 Riverfront Acres
  • A Hand Carved Fireplace Imported from China
  • A 2-level Library with Hand Carved Oak Doors, Oak Paneling, a Suspended Spiral Staircase, 18 ft. Ceilings & Antique Tiger Oak Fireplace
  • A 10+ Car Garage
  • Professionally Landscaped Grounds
  • 8,500 Square Feet
  • 4 Bedrooms, 4 Full Baths & 4 Half Baths and much, much more…

Not too shabby!

Of course as Maureen points out in her post there are expenses associated with owning an estate.

  • The property taxes will cost you $47,707 a year.
  • The monthly mortgage payments, assuming only 10% down and a 6% interest rate come to $6,937.23 – Yes, that is monthly.  This is not even including taxes and insurance.

You can see a virtual tour of this property here.

Just goes to show you that 60 miles can be a world away.  Location, location, location…