2298 E Glendora Road
About This Property
This property is rare, with hills, woods, farmland and total privacy! More than 8,000 sq. ft. with the main home boasting over 5900 sq. ft. and a separate Game Lodge with 2100 sq. ft. There are 2 private lakes, fully stocked, 3 natural springs, a pond, wetlands, and miles of trails for ATV, snowmobiles or jogging. There's more, all private: hunting, sledding, tennis, basketball, fishing, skeet shooting, golf practice. Enjoy unparalleled storage in a in a huge utility building that can hold equipment for water sports and farm vehicles and can
easily store a dozen cars. The main home has two great rooms, a movie theatre, a game room with wet bar and amazing views. The Lodge is versatile with spectacular views of water and woods. This immaculate estate was designed by University of Notre Dame Professor of Architecture Alan De Frees to showcase this breathtaking experience in nature. The rare trees and flowers on this property are recognized by the Fernwood Botanical Gardens nearby. Just a 90-minute drive from Chicago, this property is in the heart of the vineyards and wineries, near the mill town of Buchanan that is on the National Register of Historic Places and minutes from the sand dunes at Warren Dunes State Park, the Fernwood Botanical Gardens, 7 immaculate golf courses, and, of course, the beaches of Lake Michigan.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Dec 17, 2019 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed by Cressy & Everett Real Estate | $1,977,777 | |
| Listed by Cressy & Everett Real Estate | |||
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YOU WILL NEVER WANT TO LEAVE THIS MAGNIFICENT PROPERTY AND WHY WOULD YOU? IT HAS IT ALL. 81 RARE ACRES with your own stocked private lake, woods,trails, hiking or snowmobiling. Breath-taking views surround you with peace and tranquility. As you enter the property through your own private gate, 8,000 + of living space awaits you.The custom architecturally designed home features great views, 6 bedrooms, 5 baths, 2 great rooms, movie theater, game room, a kitchenette & a fabulous main level kitchen. Outside, enjoy the in-ground heated pool, 3 season room, tennis court, huge pole barn and the basketball court. Lounge around on the patios or decks and watch the birds above, the wildlife around, and the water below. ''Click More'' for more details of this fascinating estate. The Lodge with over 2,900 square feet has a full kitchen to entertain your guests in style. Large open main level space, an office, and an upstairs living room for even more entertaining. In addition, there is an utility building with hot and cold water that can be used to store your cars and toys. Located in the heart of wine country, close to Lake Michigan and Notre Dame, and only 11/2 hours from Chicago this magnificent setting is unlike any other in the Midwest. Click the "Documents" to make sure you find the Custom Sheets all of the beautiful customary that went into making this house a home!!!
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| Oct 9, 2014 | Listed by CENTURY 21 Affiliated | $4,895,000 | |
| Listed by CENTURY 21 Affiliated | |||
| Sep 16, 2013 | Listed by EXIT Realty Harbor Shores | $4,895,000 | |
| Listed by EXIT Realty Harbor Shores | |||
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Serene and private gated estate. 80+ acres. Pass thru the gates and the vistas of rolling hills, lakes and ponds will amaze you. This country estate, professionally designed by Alan De Frees, Professor of Architecture at Notre Dame, has it all!! Combined living space is over 8400 w/ 7 bedrooms and 6 baths and amenities, including heated pool, tennis and basketball courts, hiking and ATV trails and 11 garage spaces. The spacious main house has soaring walls of windows, a gourmet kitchen, an expansive open floor plan with multi-exposure fireplace and a main floor master suite. The lower level activity area is complete with wet bar, state of the art theater room and guest suites..all with easy access to the outside patios and pool. There is a separate lodge with its own unique flavor..as grea t for small intimate groups as it is for large gatherings. The lodge's stone veranda is an ideal place to embrace the extensive, calming views of the private lakes. This IS the end of the rainbow.
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| Nov 18, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017