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Lake Forest 60045
499 W Old Mill Road
$4,200,000
↓ $500K (10.6%)
● House - For Sale

499 W Old Mill Road

Lake Forest, IL 60045
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
5,576 Ft²
$24,403
Est. Monthly
0.26%
Cap Rate

About This Property

This sprawling Tudor style estate is nestled on nearly 10 enchanting acres. Fully fenced, this amazing property borders a public prairie reserve that has been restored to and beyond the historic Jens Jensen design. The grounds are the design pallet that has created award winning gardens across the entire North-Shore and Wisconsin. Featuring a butterfly garden, an organic potager garden, orchard, vineyard, sprawling lawns, and a stocked fishing and water lily pond.  The homes interior has been masterfully decorated and restored to its century old elegance. From the original unique ceiling moldings to the Walnut paneling and bookcases this home is beyond compare. The living room features 10 foot ceilings and is perfectly scaled for entertaining and gathering with family and special friends. The elegant dining room with fireplace and leaded glass windows make seasonal dining inside a very special occasion. Across the marble foyer from the dining room is a Southern facing Cypress paneled library that takes full advantage of the properties fabulous vistas and natural light. Altounian builders expertly crafted the chef's kitchen outfitted with fabulous white shaker cabinets, top-of-the-line appliances and exceptional details and finishes. Adjoining the kitchen via the pool breezeway is the bright and airy family room with seamless access to the terrace, a sleek fireplace and a custom bar, as well as access to a pool bathroom. Above the four car garage is a vaulted ceiling three room in-law suite, with full bath, currently being used as an exercise room, yoga studio and craft space. On the 2nd level you will find four beautiful en-suite bedrooms and baths, including the spacious primary suite with luxurious bath and enormous closet. Venture outdoors and enjoy your own private oasis. The entertainment area revolves around a pool and spa, an outdoor fireplace, multiple gathering areas with seating for thirty, and a pergola dining terrace, featuring an all stainless steel kitchen that can easily accommodate twelve - all working in perfect harmony to create an unparalleled al fresco dining experience. Offering almost 6,000 square feet of living space and a one-of-a-kind outdoor haven this home has been crafted to meet your every need - indoors and out. Horses are allowed, and there is the possibility to also subdivide the property.
Unit Size
5,576 Ft²
Days on Market
-
Land Size
9.62 acres
Price per sqft
$753
Property Type
House
Property Taxes
$3,780
HOA Dues
-
Year Built
1935

Listed By

Donna Mancuso
Berkshire Hathaway HomeServices Chicago
Jean Anderson
Berkshire Hathaway HomeServices Chicago

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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Heated Garage, Garage, Attached, Yes, Owned
Garage Spaces: 4
Interior Details
Half Bathrooms: 2
Full Bathrooms: 5
Interior Features: Cathedral Ceiling(s), Wet Bar, In-Law Floorplan, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk
Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Water Purifier Owned, Humidifier
Flooring Type: Hardwood
Laundry Features: Upper Level, Sink
Rooms: 12
Has Fireplace
Fireplace Features: Gas Log, Decorative
Fireplaces: 3
Basement: Unfinished, Full
Exterior Details
Square Footage: 5576
Square Footage Source: $0
Architectural Style: Tudor
Year Built: 1935
Other Structures: Outdoor Kitchen, Pergola, Garage(s), Dog Kennel
Construction Materials: Stucco
Patio and Porch Features: Patio, Porch
Pool Features: In Ground
Pool is Private
Lot Size Area: 419047.2
Lot Size Units: Square Feet
Lot Size Acres: 9.62
Lot Size Square Feet: 419047.2
Lot Size Dimensions: 1000 X 435
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $45,361
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 22
  • 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: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,044
  • Garage Type: 1
  • Garage Square Area: 1,152
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 419,047
  • Total Building Area: 10,145
  • Gross Building Area: 10,145
  • Building Area: 5,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,576
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PT NE1/4
  • Land Acres: 0000009620
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: N 1029.08 FT W 423 FT LYG E OF E LN W 3 ACN1/2 NE1/4 NW1/4 & SD E LN EXTD S PT NE1/4NW1/4 SECTION 17 TOWNSHIP 43 RANGE 12

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 864601

Geography

  • Assessors Map Reference: 2703-D1
  • District: WEST DEERFIE
  • Parcel: 16-17-100-006
  • Meridian: SEC 17 TWN 43 RNG 12
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.2096
  • Longitude: -87.8604

    Address

  • Full Address: 499 W Old Mill Rd
  • Address - House Number: 499
  • Street Direction: W
  • Address - Street Name: Old Mill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C020
  • 4-Digit Zip Code: 3828
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,819,356
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 17025

    Appraisal Valuation

  • Standard Deviation: 0.1251
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 2,368,647
  • High Value: 2,664,988
  • Low Value: 2,072,306

    Market Valuation

  • Market Total Value: $1,985,565
  • Market Land Value: $1,502,688
  • Market Improvement Value: $482,877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $661,789
  • Assessed Land Value: $500,846
  • Assessed Improvements Value: $160,943
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 Lake Forest


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Frequently Asked Questions

When was property at 499 West Old Mill Road built and last sold?
The property at 499 West Old Mill Road was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 499 West Old Mill Road is $4,160,096.
What are some comparable homes to 499 West Old Mill Road?
There are currently no comparable homes to 499 West Old Mill Road.