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740 Greystone Dr, Chelsea, MI, 48118

5beds
6baths
8,023sqft
$1,700,000
$212price/sqft
$12,121/moest. monthly cost
$484,840/yrincome needed

About This Home

Welcome to your private paradise! This European-inspired residence offers unparalleled privacy, timeless elegance, and resort-style living with three scenic ponds, pool, and breathtaking views in every direction. A dramatic grand foyer welcomes you into a thoughtfully designed floor plan with five bedrooms, including a luxurious first-floor primary suite and an additional first-floor bedroom, five full baths, and one half bath. The primary retreat offers direct access to the outdoor spa and features a spa-like bath with a soaking tub, oversized walk-in shower, dual vanities, and an expansive walk-in closet overlooking the backyard oasis. Designed for everyday living and effortless entertaining, the chef's kitchen features premium appliances, abundant cabinetry, a spacious walk-in pantry, and opens to the inviting family room. Additional main-level spaces include a formal dining room, library, billiards room, first-floor laundry, and two fireplaces. The finished lower level offers a private theater with a new projection system, workout room, and expansive recreation space. EV charger and home generator. Step outside to your private resort with a saltwater/freshwater pool, cascading waterfalls, jetted spa, built-in barbecue, and beautifully landscaped grounds. An enclosed outdoor living area with a wood-burning fireplace extends entertaining year-round. The attached four-car garage is complemented by a pole barn with oversized garage doors for tractors, recreational vehicles, or workshop space, plus a spacious loft. A rare opportunity to own a one-of-a-kind luxury estate where elegance, privacy, and recreation come together. Experience vacation living every day without ever leaving home. Information deemed reliable but not guaranteed (BATVAI).

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

10/10
Beach Middle SchoolGrades 6-86.6 mi
9/10
Chelsea High SchoolGrades 9-127.2 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Basement,Poured,Slab,Sump Pump
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Convection Oven,Dishwasher,Disposal,Double Oven,Dryer,Free Standing Gas Range,Free Standing Refrigerator,Microwave,Range Hood,Washer,Wine Cooler

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk Out Access

Bedroom

  • Level: Entry
  • Area: 196
  • Dimensions: 14 X 14

Bedroom

  • Level: Entry
  • Area: 247
  • Dimensions: 19 X 13

Bedroom

  • Level: Entry
  • Area: 196
  • Dimensions: 14 X 14

Bedroom

  • Level: Second
  • Area: 1364
  • Dimensions: 62 X 22

Bedrooms & Bathrooms

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

Dining Room

  • Level: Entry
  • Area: 480
  • Dimensions: 24 X 20

Family Room

  • Level: Entry
  • Area: 408
  • Dimensions: 24 X 17

Features

  • Entrance Foyer,Programmable Thermostat,Spa Hottub,Wet Bar
  • Fireplace features: Family Room,Gas,Other Locations,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 2,413
  • Finished area above ground: 5,610

Heating & Cooling

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

Interior Area

  • Total interior livable area: 8,023 sqft

Kitchen

  • Level: Entry
  • Area: 255
  • Dimensions: 17 X 15

Other

  • Level: Entry

Other

  • Level: Entry

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Basement

Other

  • Level: Entry
  • Area: 264
  • Dimensions: 22 X 12

Other

  • Level: Entry
  • Area: 483
  • Dimensions: 23 X 21

Other

  • Level: Entry
  • Area: 169
  • Dimensions: 13 X 13

Other

  • Level: Basement
  • Area: 540
  • Dimensions: 27 X 20

Other

  • Level: Basement
  • Area: 306
  • Dimensions: 18 X 17

Primary Bathroom

  • Level: Entry

Primary Bedroom

  • Level: Entry
  • Area: 506
  • Dimensions: 23 X 22

Property

Details

  • Parcel number: E00517400012
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Pool features: In Ground
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: Barbecue,E NE RG YS TA RQualified Skylights,Lighting,Permeable Paving,Spa Hottub
  • Fencing: Fenced
  • Waterfront features: Pond

Lot

  • Lot size: 17.51 Acres
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 4
  • Parking features: Four Car Garage,Attached,Garage Door Opener,Oversized,Side Entrance
  • Has garage: Yes
  • Attached garage spaces: 4

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in Washtenaw County and Michigan

Severe Ice Storm
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 $8,596$103,152
Home Insurance *$582$6,984
Property Taxes $2,068$24,816
Electricity $875$10,501
Total$12,121$145,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$415,577/yr
40% on housing$363,630/yr
45% on housing$323,226/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: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 48118$206
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48118$233
Washtenaw County$214

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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$1,700,000
2026-07-17Listed for sale$1,700,000
2025-10-14Sold$1,500,000
2025-09-03Pending sale$1,625,000
2025-08-15Listing removed$1,625,000
2025-06-07Listed for sale$1,625,000
2025-06-05Listing removed$1,625,000
2024-07-03Listed for sale$1,625,000
2021-05-05Listing removed--
2021-05-01Contingent$1,350,000
2021-05-01Pending sale$1,350,000
2020-11-12Listed for sale$1,350,000
2018-07-17Listing removed$1,295,000
2017-10-17Listed for sale$1,295,000
2017-07-08Listing removed$1,375,000
2016-06-20Listed for sale$1,375,000
2012-12-19Sold$1,150,000
2012-04-21Listed for sale$1,323,000

For Sale by Agent

AgentMaria M Nishanian
BrokerageReal Estate One-Troy

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