See Home Value
$3,200,000
● House - Off Market

4 High Terrace Lane

Bannockburn, IL 60015
bedrooms
6 Beds
bathrooms
9 Baths, 2 Half Baths
square feet
9,068 Ft²
$21,012
Est. Monthly
-0.47%
Cap Rate

About This Property

Discover a slice of paradise in this stunning contemporary home, set on nearly 4 acres of private, meticulously landscaped grounds. This 6-bedroom, 7.2-bath home redefines luxury with its array of top-tier amenities designed for ultimate relaxation and entertaining. Enjoy panoramic views of the pond from the pool/hot tub, large sundeck, or wrap-around terrace. Step inside to a bright, open floor plan flooded with natural light. Endless walls of windows provide breathtaking water views. The lower level boasts a state-of-the-art golf simulator, an extraordinary wine cellar and exercise area.  You'll find a lavish primary suite on the main level including a private lounge area. Additional features include a 5-car heated garage, a full-house generator and radiant heated floors. Crafted with precision by renowned architect Edward Raap and builder John Teschky, this home showcases exceptional craftsmanship using the finest natural materials. This all inclusive property leaves nothing to the imagination. Come fill all your senses!
Unit Size
9,068 Ft²
Days on Market
-
Land Size
3.71 acres
Price per sqft
$375
Property Type
House
Property Taxes
$4,322
HOA Dues
-
Year Built
2001

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Last updated: 2 years ago (MRED MLS #12125581)

Price History

Date / Event Date Event Price
Dec 12, 2024 Sold
Sold
Sep 25, 2024 In contract -
In contract
Jul 31, 2024 Listed by Jameson Sotheby's International Realty $3,399,000
Listed by Jameson Sotheby's International Realty
Nov 7, 2020 No longer available -
No longer available
Aug 5, 2020 Listed $3,925,000
Listed
MOVED TO THE PLN
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 37
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 7,798
  • Garage Type: 1
  • Garage Square Area: 1,801
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 161,608
  • Total Building Area: 18,667
  • Gross Building Area: 18,667
  • Building Area: 9,068
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 9,068
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003710
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PT NE NE; BEG ON CEN LN TELEGRAPH RD 972.57 SELY OF N LN, C ONTG SELY ALG CEN LN 319.01 MOL TO E LN, S89.64 TO NLN S46 ACS OF E1/2 NE, W570.45, N346.33TO A PNT 381.11W OF POB,

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864801

Geography

  • District: WEST DEERFIE
  • Subdivision Phase Number: R
  • Parcel: 16-19-200-010
  • Meridian: SEC 19 TWN 43N RNG 12E
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1938
  • Longitude: -87.8681

    Address

  • Full Address: 4 High Terrace Ln
  • Address - House Number: 4
  • Address - Street Name: High Terrace
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bannockburn
  • Carrier Code: C013
  • 4-Digit Zip Code: 1585
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,757,816
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 17091

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 3,780,307
  • High Value: 5,515,978
  • Low Value: 2,044,635

    Market Valuation

  • Market Total Value: $2,196,588
  • Market Land Value: $563,738
  • Market Improvement Value: $1,632,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $732,123
  • Assessed Land Value: $187,894
  • Assessed Improvements Value: $544,229

    Sales

  • Current Sale Contract Date: Aug 17, 2000
  • Current Sale Recording Date: Aug 23, 2000
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4571558
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About High Terrace


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1111 S Waukegan Road S, Lake Forest, IL, 60045

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,025 ft²
1111 S Waukegan Road S #14, Lake Forest, IL, 60045 Listing by Pam Devendorf


Frequently Asked Questions

When was property at 4 High Terrace Lane built and last sold?
The property at 4 High Terrace Lane was built in 2001 and last sold on Aug 17, 2000 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 4 High Terrace Lane is $0.
What are some comparable homes to 4 High Terrace Lane?
There are currently no comparable homes to 4 High Terrace Lane.