Coming soon! Open house/showings to start on 5/10. FSBO. Willing to work with buyer's agent.
Beautifully Updated 4-Bedroom Home in Prime Ann Arbor Location – $475,000
Welcome to this beautifully updated 4-bedroom, 2-full bathroom ranch in one of Ann Arbor’s most desirable neighborhoods. Located less than 10 minutes from downtown and the University of Michigan Hospital, this move-in-ready gem blends thoughtful updates with a prime location near schools, parks, and nature preserves.
Inside, enjoy approximately 1,800 square feet of finished living space. The completely remodeled and expanded kitchen features sleek cabinetry, modern finishes, and a gas range with hood vent—perfect for home chefs. The home boasts freshly painted interiors, refinished hardwood floors, updated lighting, and a newly finished lower level with an additional bedroom with egress window and a stunning full bathroom with custom tiled shower.
Step outside to an oversized deck ideal for entertaining, a fully repainted two garage with ample storage space, and refreshed landscaping with a privacy fence and mature trees. The mechanicals are updated with a high efficiency new HVAC system (2025) and a hot water heater (2020), providing peace of mind for years to come.
Nestled just one block from Lakewood Elementary and within a 5-minute walk of two neighborhood parks, this home is also within walking distance of Dolph Park, the scenic Sisters Lakes, and Saginaw Forest—offering a rare combination of urban convenience and natural beauty.
Features:
• 4 bedrooms, 2 full bathrooms
• Expanded and Remodeled kitchen with gas range and hood vent
• Finished basement with egress window, bedroom, and custom full bath
• Oversized deck, freshly painted 2-car garage, landscaped yard
• New HVAC (2025), hot water heater (2020), roof (2018), sewer lines (last 10 years)
• Prime location near parks, top-rated schools, nature trails, and downtown
Don’t miss the opportunity to own this turnkey home in one of Ann Arbor’s most charming, walkable neighborhoods.
Home Energy Score of 6. Download report at stream.a2gov.org
Sold for $480,000 on 06/27/25
$480,000
318 Gralake Ave, Ann Arbor, MI 48103
4beds
1,800sqft
SingleFamily
Built in 1955
9,583 Square Feet Lot
$476,900 Zestimate®
$267/sqft
$2,999 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Metal
Lot
- Size: 9,583 sqft
Details
- Parcel number: 090825209004
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Tile
Condition
- Year built: 1955
Community & neighborhood
Location
- Region: Ann Arbor
Services availability
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Estimated market value
$476,900