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An “opulent” century-old mansion built for one of the Fisher brothers in Detroit’s historic Boston-Edison neighborhood hit the market Thursday morning with an asking price of $2.45 million.
The 10,000-square-foot Renaissance Revival-style Edward F. Fisher Mansion sits along Boston Boulevard between Woodward Avenue and the John Lodge freeway, an area filled with 100-year-old and older mansions, once home to early automotive executives and other captains of industry. The newly listed home sits just down the street from the Albert Kahn-designed mansion once home to retail magnate Benjamin Siegel that sold last month for just less than $2 million.
The 10-bedroom mansion “stands as the crown jewel among the Fisher mansions, a true ‘Fabergé egg’ of Detroit’s golden era, embodying the opulence & influence of one of the most prominent families in the early auto industry,” reads the listing.
Listed by Nika Jusufi, broker and owner of Detroit-based brokerage Nika & Co. LLC, the Fisher mansion offers several similarities to the recently sold and neighboring Siegel mansion. Both were built for early-1920s prominent Detroit business figures, have similar square footage and the Fisher home is listed at just less than $2.5 million, the same as the Siegel property. The latter ultimately sold for $1.95 million after about 10 months on the market, the highest price for a Detroit single-family property in nearly two years.
The nearby Siegel mansion makes for “a superior property,” Jusufi wrote to Crain’s in an email, but the Fisher home “exudes a more museum-like feel and (is) overall more elaborate.”
Among the features touted by Jusufi are stained glass windows, “grandiose” fireplaces and marble archways. Several of the bathrooms feature floor-to-ceiling Pewabic tile and the primary bath features an arched Moorish ceiling.
While researching the property for listing, Jusufi said she learned that the dining room hand-carved plaster finish took two months to complete and features tones of cream, green and real 24-karat gold.
Additionally, past reporting researched by Jusufi’s brokerage found that all of the marble in the home was shipped from Italy and reassembled at the property while the home was under construction.
While acknowledging comparisons to the nearby Siegel mansion, Jusufi believes the Fisher home is more comparable to the Alfred Fisher Mansion in Detroit’s Palmer Woods neighborhood to the north, particularly because the two mansions share a common architect, Richard Marr, known as the “Architect of Midwest Millionaires.” The Albert Fisher home sold in 2022 for $4.9 million, the most expensive home sale in Detroit history.
The Fisher mansion in Boston-Edison has been well preserved and most features remain original, Jusufi noted. Still, like any home of that age, regular maintenance will be required.
A new owner might also choose to add their own touches to the home and property. “The backyard has significant potential for a more elaborate landscape plan, which I’m certain the next owner would be excited to take on,” wrote Jusufi.
The home’s owner declined to be named or interviewed for this report.
Jusufi said she expects the mansion to sell quickly, noting strong interest during pre-marketing and three showings already scheduled since the listing went live Thursday morning.
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