The MJA CompanyNational Realty Centers (248) 780-8944
5237 Royal Vale Lane, Dearborn, MI 481265237 Royal Vale Lane, Dearborn, MI 48126 photo 25237 Royal Vale Lane, Dearborn, MI 48126 photo 35237 Royal Vale Lane, Dearborn, MI 48126 photo 45237 Royal Vale Lane, Dearborn, MI 48126 photo 5
$389,900 For sale

5237 Royal Vale Lane

Dearborn, MI 48126

2beds
3baths
2,524sqft
1993built
$154per sqft
1days listed

Condominium · MLS # 20261088923 · Listing courtesy of Century 21 Curran & Oberski

About this home

Beautiful 2-Bedroom, 3-Bathroom Condo with Cathedral ceiling in Fairlane Woods for Sale! This well-maintained and clean condo offers two spacious bedrooms, three full bathrooms, and a professionally finished basement with ample storage space. Recent updates include new window treatments, modern appliances, ceiling fans, a high-efficiency hot water heater, new hardwood floor in family room, and new granite countertops in the kitchen. The air conditioning unit was installed in 2023, and the forced air system is just 5 years old, ensuring comfort and energy efficiency. 2.5 car attached garage with new door 2024. This move-in-ready home combines style, functionality, and modern upgrades.

Interior

Bedrooms2
Full baths3
Half baths0
Living area2,524 sqft
BasementFinished, Full
Finished below grade824 sqft
FireplaceGreat Room
AppliancesDishwasher, Disposal, Dryer, Free Standing Electric Range, Free Standing Refrigerator, Microwave, Washer
LaundryIn Unit
LevelsTwo

Systems and utilities

HeatingForced Air, Natural Gas
CoolingCeiling Fans, Central Air
Water heaterNatural Gas
WaterCommunity
SewerSewer At Street

Exterior and lot

StyleOther
Year built1993
Year remodeled2026
ConstructionBrick
FoundationBasement, Poured, Sump Pump
Garage spaces2.5
ParkingTwoand Half Car Garage, Attached, Direct Access, Electricityin Garage, Garage Door Opener
Patio and porchDeck
Exterior featuresGate House, Grounds Maintenance
PoolCommunity, Outdoor Pool

Taxes, HOA and more

Annual taxes$4,677
Summer taxes$3,953
Winter taxes$724
HOA fee$408 monthly
HOA includesMaintenance Grounds, Sewer, Snow Removal, Trash, Water
CommunityClubhouse, Fitness Center, Tennis Courts
SubdivisionFAIRLANE WOODS CONDO
MunicipalityDearborn
CountyWayne
PossessionAt Close
Sale termsCash, Contract, Conventional, FHA
Special conditionsShort Sale No, Standard

Schools

School districtDearborn

How it compares in Dearborn

Over the last 90 days, 230 homes sold in Dearborn for a median of $272,500, about $156 per square foot, and the typical one went under contract in 9 days. This home is listed at $389,900, or $154 per square foot, about the same as the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Dearborn sales or ask us for the comparable sales on this one.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes and HOA when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 5:29 AM.

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