2020 Edgewater Street
Monroe, MI 48162
Single Family Residence · MLS # 20261027507 · Listing courtesy of Own It Realty
About this home
Welcome to this custom-built luxury lakeside ranch offering 3 bedrooms, 2 full bathrooms, and breathtaking, unobstructed views of Lake Erie from nearly every angle. Designed with a modern, elevated aesthetic, this home blends clean architectural lines with warm, natural finishes to create a true resort-style living experience...From the moment you enter through the statement pivot door, you're greeted by an expansive open-concept layout flooded with natural light. The seamless flow between the living, dining, and kitchen areas is anchored by engineered hardwood flooring, porcelain slab accents, and a sleek fireplace with a frameless TV - creating a space that is both sophisticated and inviting....The designer kitchen is equipped with stainless steel appliances, custom finishes, and an effortless connection to the main living space - perfect for entertaining or everyday luxury....Additional Second Kitchen...Both bathrooms and the laundry room feature heated floors, adding a level of comfort that elevates daily living. Throughout the home, cedar finishes inside and out provide warmth and character, while Andersen 400 windows frame the stunning lake views and bring the outdoors in....Step outside to a backyard that feels endless—lush green space leading directly to the shoreline of Lake Erie. Whether you're hosting, relaxing, or planning to add a dock, this setting offers year-round enjoyment and unmatched tranquility...Additional features include: Smart home system with integrated switches....Interior & exterior audio system...Full camera/security system...Backup generator...Soffit lighting for a dramatic exterior ambiance...Fully Finished Heated Garage...Turn-key, thoughtfully designed, and positioned on one of the most desirable waterfront settings—this home offers a rare opportunity to own a modern luxury retreat on Lake Erie!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Monroe
Over the last 90 days, 170 homes sold in Monroe for a median of $225,000, about $149 per square foot, and the typical one went under contract in 10 days. This home is listed at $999,900, or $500 per square foot, 236% above the city median, and has been on the market 161 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Monroe sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,258 a year. A buyer who lives here would pay about $2,694 to $15,185 a year once the taxable value resets after the sale, at the 2025 homestead rate of 30.07 mills for Frenchtown Twp and Jefferson Schools Monroe Co 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
Similar homes in Monroe
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