512 Wallace St, Birmingham, MI, 48009
About This Home
Introducing an amazing opportunity to own this beautiful brand-new modern construction in the heart of Birmingham. Perfectly positioned on a corner lot just footsteps from downtown Birmingham’s premier shopping, restaurants, parks, and more, this home combines cutting-edge design with timeless luxury. Step inside to discover expansive ceilings, wide-open living spaces, and floor-to-ceiling windows that flood the home with natural light. The open-concept layout is anchored by a stunning chef’s kitchen featuring custom European cabinetry, high-end stainless steel appliances, and an oversized island that flows seamlessly into the living and dining spaces, perfect for entertaining. Upstairs, you'll find four spacious bedrooms, including a private guest suite and an expansive primary suite with a spa-inspired bath showcasing floating dual vanities, a walk-in rain shower, heated floors, and an oversized walk-in closet. A fifth bedroom with a full bath is thoughtfully located on the main floor, ideal for guests or an office. The finished lower level includes a spacious recreation room, custom bar, home gym, and an additional bedroom with a full bath, offering flexibility and elevated comfort. Additional features include smart thermostats, built-in surround sound, a security system, and a two-car garage tucked privately at the rear of the property. A private outdoor patio offers space for fresh air and al fresco dining. This is your chance to own one of the finest modern homes in Birmingham that is newly built and almost ready for immediate occupancy. Welcome Home!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Basement,Poured
- Roof: Asphalt
- Construction materials: Other,Steel Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge,Dishwasher,Dryer,Free Standing Gas Range,Free Standing Refrigerator,Range Hood,Washer,Wine Cooler
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Finished
Bedroom
- Level: Second
- Area: 182
- Dimensions: 13 X 14
Bedroom
- Level: Entry
- Area: 182
- Dimensions: 13 X 14
Bedroom
- Level: Basement
- Area: 35
- Dimensions: 5 X 7
Bedroom
- Level: Entry
- Area: 80
- Dimensions: 10 X 8
Bedroom
- Level: Second
- Area: 80
- Dimensions: 10 X 8
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Dining Room
- Level: Entry
- Area: 176
- Dimensions: 16 X 11
Features
- Entrance Foyer,High Speed Internet,Programmable Thermostat,Sound System,Wet Bar
- Window features: Egress Windows
- Fireplace features: Gas,Master Bedroom
- Fireplace: Yes
- Finished area below ground: 2,000
- Finished area above ground: 4,000
Flex Room
- Level: Second
- Area: 168
- Dimensions: 14 X 12
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 6,000 sqft
Kitchen
- Level: Entry
- Area: 176
- Dimensions: 16 X 11
Laundry
- Level: Second
- Area: 35
- Dimensions: 5 X 7
Library
- Level: Entry
- Area: 168
- Dimensions: 14 X 12
Living Room
- Level: Entry
- Area: 330
- Dimensions: 15 X 22
Other
- Level: Entry
- Area: 66
- Dimensions: 11 X 6
Other
- Level: Second
- Area: 154
- Dimensions: 11 X 14
Other
- Level: Entry
- Area: 30
- Dimensions: 5 X 6
Other
- Level: Basement
- Area: 35
- Dimensions: 5 X 7
Other
- Level: Entry
- Area: 48
- Dimensions: 6 X 8
Primary Bathroom
- Level: Second
- Area: 130
- Dimensions: 10 X 13
Primary Bedroom
- Level: Second
- Area: 289
- Dimensions: 17 X 17
Property
Details
- Parcel number: 1936156020
- Special condition: Short Sale No,Standard
- Exclusions: Exclusion(s) Do Not Exist
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Pool features: None
- Patio & porch: Patio,Porch
- Exterior features: Awnings
Lot
- Lot size: 6,534 sqft
- Features: Corner Lot
- Lot size dimensions: 48.2 x 133
Parking
- Total spaces: 2
- Parking features: Two Car Garage,Detached,Electricityin Garage
- Has garage: Yes
- Attached garage spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Oakland County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $17,950 | $215,400 |
| Home Insurance * | $1,076 | $12,912 |
| Property Taxes | $3,697 | $44,364 |
| Electricity | $654 | $7,853 |
| Total | $23,377 | $280,524 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listing removed | $24,000 |
| 2026-03-24 | Listed for sale | $3,695,000 |
| 2025-09-25 | Listed for rent | $24,000 |
| 2023-08-15 | Sold | $1,125,000 |
| 2022-11-05 | Listing removed | -- |
| 2022-10-24 | Listed for sale | $1,700,000 |
| 2022-10-11 | Listing removed | -- |
| 2022-08-17 | Listed for sale | $1,800,000 |
| 2016-07-06 | Sold | $395,000 |
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