1135 Shelby Street #2902

About this home

Located on the 29th floor of Detroit's historic 1924 Book Cadillac Hotel, Penthouse 2902 features a complete renovation, contemporary finishes, custom details and views of the Detroit River and Ambassador Bridge. The two-story great room is the centerpiece of the residence, with hardwood floors throughout, two gas fireplaces with Ciot marble surrounds and a custom spiral staircase with glass railings leading to an upper-level loft. The kitchen features Vadara quartz countertops, a waterfall island, Dacor cooking appliances, warming drawer, Sub-Zero refrigeration and wine cooler, and a separate butler's pantry. The primary suite includes a custom California Closets dressing room and a marble bath with a freestanding soaking tub, Brizo tub filler, inlaid marble flooring and Kohler fixtures. The floor plan also includes a second bedroom, separate office, upper-level loft and laundry room with quartz countertops. Additional features include Savant whole-home control, Lutron lighting and motorized shades, in-ceiling Bowers & Wilkins speakers installed by Paragon Sight & Sound, and two new Trane heat pumps. Residents enjoy a private lobby, dedicated residential elevators and concierge service, along with access to the hotel's indoor heated pool, hot tub and fitness center. Valet, housekeeping, room service and dry cleaning are also available. Residents receive discounts on hotel dining and accommodations for visiting guests. The monthly association fee of $2,700 includes gas, water and one assigned parking space in the connected garage. A private storage unit is included.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $2,499,000, or $812 per square foot, 1044% above the city median, and has been on the market 36 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $25,471 a year. A buyer who lives here would pay about $20,201 to $81,000 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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