Most Expensive Zip Codes: 48304, Estate of the Day
Filed under: Estates
For the next couple of weeks we will be checking out some homes in the most expensive zip codes in the United States, up today, 48304 . This zip code refers to the town of Bloomfield Hills, Michigan. This zip code has a median price of $1,180,000 with an appreciation rate of 113% since 1990. Bloomfield Hills was recently in the news when one of the homes that Aretha Franklin owns in the Detroit suburb was slated for foreclosure due to failure to pay back taxes.
A while back I mentioned a $14.75 million home in Bloomfield Hills that was being built by Sally Russell Building Company. Today's home is another lavish Sally Russell build. The work on this project began in 2002. The home is a Tudor on steroids, an impressive build that has turrets, leaded glass windows, and details like walnut and oak floors hand scraped to appear aged and marble and stone floors that have also been treated to have the patina of age.
Originally, a 1917 Spanish-style house occupied the lot, it was torn down but two crystal chandeliers, wrought iron pieces, the original front door, a pine cabinet and Pewabic tiles were all salvaged and incorporated into the new home. This property has six bedrooms, a gourmet kitchen, lower level wet bar, elevator, exercise room, sauna, steam shower, guest quarters, au pair suite, theater, game room, an outside fountain, hot tub, pool and a heated storage room under the terrace for winter furniture storage. This home is on three acres and is listed at $9,900,000.
