Historic Detroit Mansion of Goodyear CEO Mark Stewart Hits the Market for $7 Million
Detroit's luxury real estate market is making headlines once more as the historic Palmer Woods mansion of Goodyear Tire & Rubber's new CEO, Mark Stewart, hits the market for a staggering $7 million.
Detroit Real EstateLuxury MansionPalmer WoodsGoodyear CeoHistoric HomeReal Estate NewsMar 16, 2025
The mansion, nestled in the prestigious Palmer Woods neighborhood, is a 10,160-square-foot residence that was originally built in 1933. The home has undergone extensive renovations to blend its classic charm with modern amenities, making it a perfect fit for today’s discerning buyers. The property features six bedrooms, eight full bathrooms, and three half-bathrooms, providing ample space for both family living and entertaining.
One of the standout features of the mansion is its breathtaking interior. Upon entering, visitors are greeted by a grand foyer with soaring ceilings and elegant moldings. The living room, with its large windows and fireplace, offers a warm and inviting atmosphere. The dining room, equally impressive, is perfect for hosting intimate dinners or larger gatherings. The kitchen has been modernized with top-of-the-line appliances and a spacious island, making it a chef’s delight.
The master suite is a true retreat, complete with a sitting area, a luxurious bathroom with a soaking tub and separate shower, and a spacious walk-in closet. Each of the additional bedrooms is equally well-appointed, ensuring that family members and guests alike will enjoy comfortable and stylish accommodations.
The outdoor space is just as impressive. The fully landscaped grounds feature a beautiful garden, a patio, and a pool, providing a serene setting for relaxation and outdoor entertaining. The property also includes a detached garage, offering additional parking and storage space.
The Palmer Woods neighborhood, known for its tree-lined streets and historic homes, is one of Detroit’s most desirable areas. It is a short drive from downtown Detroit, making it an ideal location for those who want to be close to the city’s cultural attractions and business districts. The neighborhood is also known for its strong sense of community and excellent schools, making it a fantastic place to raise a family.
Mark Stewart, who took the helm as CEO of Goodyear Tire & Rubber in early 2023, has chosen to list the property as he prepares to relocate for his new role. The sale of this historic mansion is not just a significant event in the Detroit real estate market; it also marks a personal transition for Stewart, who has made significant contributions to the company and the community during his tenure.
For those interested in acquiring this historic gem, the listing is a rare opportunity to own a piece of Detroit’s rich architectural heritage. The mansion’s blend of classic elegance and modern luxury makes it a must-see for anyone in the market for a truly exceptional home.
As the real estate market in Detroit continues to evolve, the sale of this Palmer Woods mansion is a testament to the city’s resilience and the enduring appeal of its historic neighborhoods. Whether you are a local buyer or an out-of-town enthusiast, this property is sure to capture your imagination and stand the test of time.
Frequently Asked Questions
What is the asking price for the historic Palmer Woods mansion?
The asking price for the historic Palmer Woods mansion is $7 million.
Who is the current owner of the mansion?
The current owner of the mansion is Mark Stewart, the new CEO of Goodyear Tire & Rubber.
What are the key features of the mansion?
The mansion features 6 bedrooms, 8 full bathrooms, 3 half-bathrooms, a grand foyer, a spacious kitchen, a master suite with a sitting area and a luxurious bathroom, a beautifully landscaped garden, a patio, and a pool.
Where is the mansion located?
The mansion is located in the prestigious Palmer Woods neighborhood of Detroit, known for its historic homes and tree-lined streets.
Why is Mark Stewart selling the property?
Mark Stewart is selling the property as he prepares to relocate for his new role as CEO of Goodyear Tire & Rubber.
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