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508 Catalpa Dr, Birmingham, MI, 48009

5beds
6baths
4,458sqft
$3,195,000
$717price/sqft
$22,367/moest. monthly cost
$894,680/yrincome needed

About This Home

Experience exceptional new construction just moments from the heart of Downtown Birmingham. Thoughtfully designed with approximately 4,458 square feet of finished living space, this luxury residence seamlessly blends timeless architecture with modern functionality. The open-concept main level showcases soaring 10-foot ceilings, a private office, formal dining area, expansive great room with fireplace, and a designer kitchen featuring a large island, walk-in pantry, premium appliance layout, and adjoining dining space—ideal for both everyday living and entertaining. A spacious mudroom with custom built-ins connects to the attached two-car garage. The second level offers four generously sized bedrooms, including a luxurious primary suite with a fireplace, dual walk-in closets, spa-inspired bath with soaking tub, oversized shower, dual vanities, and a private water closet. A Jack-and-Jill bath, additional ensuite bedroom, and second-floor laundry complete the upper level. Designed for entertaining, the finished lower level features a large recreation room with wet bar, guest bedroom, full bath, fitness room prepped for a sauna, abundant storage, and flexible living space. The home is also prepped for a whole-house generator, providing added convenience and peace of mind. Outdoor living includes a welcoming covered front porch and rear patio, all situated on a desirable tree-lined street just minutes from Birmingham's renowned restaurants, boutique shopping, parks, and award-winning schools. A rare opportunity to own a beautifully crafted custom home in one of Birmingham's most sought-after neighborhoods.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

10/10
Pierce Elementary SchoolGrades PK-50.2 mi
9/10
Derby Middle SchoolGrades 6-81.2 mi
8/10

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Basement,Poured
  • Construction materials: Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom

  • Level: Second
  • Area: 132
  • Dimensions: 12 X 11

Bedroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 X 11

Bedroom

  • Level: Second
  • Area: 143
  • Dimensions: 11 X 13

Bedroom

  • Level: Basement
  • Area: 144
  • Dimensions: 12 X 12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Dining Room

  • Level: Entry
  • Area: 168
  • Dimensions: 14 X 12

Features

  • Fireplace features: Living Room,Master Bedroom
  • Fireplace: Yes
  • Finished area below ground: 1,086
  • Finished area above ground: 3,372

Great Room

  • Level: Entry
  • Area: 240
  • Dimensions: 15 X 16

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,458 sqft

Kitchen

  • Level: Entry
  • Area: 240
  • Dimensions: 16 X 15

Laundry

  • Level: Second
  • Area: 130
  • Dimensions: 13 X 10

Library

  • Level: Entry
  • Area: 110
  • Dimensions: 11 X 10

Other

  • Level: Second
  • Area: 110
  • Dimensions: 10 X 11

Other

  • Level: Second
  • Area: 54
  • Dimensions: 9 X 6

Other

  • Level: Basement
  • Area: 49
  • Dimensions: 7 X 7

Other

  • Level: Entry
  • Area: 88
  • Dimensions: 8 X 11

Other

  • Level: Entry
  • Area: 64
  • Dimensions: 8 X 8

Primary Bathroom

  • Level: Second
  • Area: 121
  • Dimensions: 11 X 11

Primary Bedroom

  • Level: Second
  • Area: 315
  • Dimensions: 21 X 15

Property

Details

  • Parcel number: 1936452006
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 50 x 139

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Attached
  • 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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Ice Storm
Tornado

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $16,155$193,860
Home Insurance *$968$11,616
Property Taxes $4,758$57,096
Electricity $486$5,835
Total$22,367$268,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$766,868/yr
40% on housing$671,010/yr
45% on housing$596,453/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$717This listing

vs Other Active Listings

Avg $/sqft

ZIP 48009$417
Oakland County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 48009$363
Oakland County$192

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

DateEventPrice
2026-07-21Listed for sale$3,195,000
2024-02-28Sold$475,000
2012-06-14Sold$210,000

For Sale by Agent

AgentRenee Lossia Acho
BrokerageKW Domain

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