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$5,900,000
● House - For Sale

586 Spruce Avenue

Lake Forest, IL 60045
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
6,500 Ft²
$35,407
Est. Monthly
-0.32%
Cap Rate

About This Property

Steps from Lake Michigan, this exceptional French Provincial residence was built by Distinctive Custom Homes in 2007 and reflects an extraordinary commitment to architectural integrity, craftsmanship, and enduring quality. From the moment of arrival, the circular drive, handsome brick exterior, slate roof, and copper gutters showcase the striking curb appeal.  Steps lead to the front door with beautiful bluestone terraces on both sides. The impressive foyer features a groin-vault ceiling, imported stone flooring, and arched architectural niches. 10' ceilings span the first floor, enhancing the home's gracious scale and natural light. The formal living room is elegantly appointed with raised-panel wainscoting, substantial crown molding, and Brazilian cherry hardwood flooring. Host elegant parties in the expansive dining room that has a wood-burning fireplace (with a traditional white mantel, marble surround, and flush hearth), complemented by raised-panel wainscoting and coffered ceiling. French doors open to the bluestone front terrace, creating an inviting setting for summer entertaining. The handsome library provides a quiet and richly appointed retreat, with raised cherry paneling, custom built-in bookcases and cabinetry, a beamed ceiling with crown molding, Brazilian cherry flooring, and a wood-burning fireplace with marble surround. Front and rear staircases with wrought-iron balusters provide gracious and convenient access to all levels. At the heart of the home, the sophisticated kitchen features a dramatic antique Heart Pine beamed ceiling, furniture-quality cherry cabinetry, a large center island, and a separate breakfast area. Premium appliances are manufactured by Sub-Zero, Wolf, and Bosch. The kitchen flows seamlessly into the expansive family room, creating an ideal environment for both everyday living and entertaining, while a beautifully appointed beverage station provides an elegant transition between the rooms. The spacious family room has a striking limestone wood-burning fireplace and offers generous views of the patio and grounds. The three-season room is an ideal setting for morning coffee, quiet evenings, and relaxed entertaining. It is distinguished by its voluminous scale, heated floors, wood-burning fireplace with raised hearth, floor-to-ceiling rough-cut stone, and cedar mantel. A private fifth bedroom suite on the main level offers exceptional flexibility for guests, extended family, or an au pair. The second floor is devoted to four generously proportioned bedroom suites, each offering privacy and comfort for family and guests. The luxurious primary suite features double-door entry, a vaulted and barreled ceiling, a comfortable sitting area, and a generous walk-in closet. The deluxe primary bath includes a steam shower, freestanding spa tub, separate vanities, and imported stone flooring with electric heat. In fact, all bathrooms have heated flooring.  The expansive lower level extends the living experience with a dedicated theater featuring tiered seating, a light-filled recreation room, exercise room, wet bar, wine cellar, and full bath-providing an exceptional setting for entertaining and everyday enjoyment. Throughout the interior, Pella Architectural Series French doors and windows, custom millwork, imported stone, rich hardwood flooring, and finely detailed moldings underscore the exceptional quality of construction and create an atmosphere of warmth, permanence, and timeless elegance. The four-car garage is an uncommon amenity and includes a newly constructed separate garage with a loft above, connected to the home by a charming portico. The vast, fully fenced rear yard is exceptionally private and offers ample room for a pool. Set within the serene, wooded landscape of east Lake Forest and moments from Lake Michigan, this remarkable residence offers a rare combination of timeless sophistication, exceptional craftsmanship, comfortable living, and impeccable condition!
Unit Size
6,500 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$908
Property Type
House
Property Taxes
$6,436
HOA Dues
-
Year Built
2007

Listed By

Mona Hellinga
@properties Christie's International Real Estate

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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Asphalt, Circular Driveway, Garage Door Opener, Heated Garage, Garage, Attached, Yes
Garage Spaces: 4
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Wet Bar
Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Disposal, Humidifier
Door Features: French Doors
Laundry Features: Gas Dryer Hookup
Rooms: 15
Has Fireplace
Fireplace Features: Gas Starter
Fireplaces: 4
Basement: Finished, Full
Exterior Details
Square Footage: 6500
Square Footage Source: $0
Architectural Style: French Provincial
Year Built: 2007
Construction Materials: Brick
Patio and Porch Features: Screened
Lot Features: Landscaped, Mature Trees
Lot Size Area: 46173.6
Lot Size Units: Square Feet
Lot Size Acres: 1.06
Lot Size Square Feet: 46173.6
Lot Size Dimensions: 190 X 280 X 150 X 298
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $77,234
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Natural Gas, Forced Air, Zoned, Sep Heating Systems - 2+
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 3,136
  • Garage Type: 1
  • Garage Square Area: 1,010
  • Parking Space Count: 4
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,535
  • Total Building Area: 10,210
  • Gross Building Area: 10,690
  • Building Area: 6,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 6,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARGYLLSHIRE
  • Land Acres: 0000001068
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ARGYLLSHIRE LOT 4

Neighborhood

  • School District Name: Lake Forest Community High School District 115
  • Census Tract: 863400

Geography

  • District: SHIELDS
  • Parcel: 12-28-202-020
  • Lot: 4
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2654
  • Longitude: -87.8324

    Address

  • Full Address: 586 Spruce Ave
  • Address - House Number: 586
  • Address - Street Name: Spruce
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C010
  • 4-Digit Zip Code: 1302
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,444,390
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.4584
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 2,294,595
  • High Value: 3,346,628
  • Low Value: 1,242,561

    Market Valuation

  • Market Total Value: $3,264,951
  • Market Land Value: $817,948
  • Market Improvement Value: $2,447,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,088,208
  • Assessed Land Value: $272,622
  • Assessed Improvements Value: $815,586

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2008
  • Current Sale Recording Date: Mar 03, 2008
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6312835
  • Previous Sale Recording Date: Jul 01, 2004
  • Previous Sale Contract Date: Jun 04, 2004
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: 27
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 Sheridan Manor


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 333 Scott Street, Lake Forest, IL, 60045

$3,990 /mo

  • 3 Beds
  • 2 Baths
  • 2,163 ft²
333 Scott Street, Lake Forest, IL, 60045 Listing by Greg Koza


Frequently Asked Questions

When was property at 586 Spruce Avenue built and last sold?
The property at 586 Spruce Avenue was built in 2007 and last sold on Feb 21, 2008 for $4,116,500.
How much is this home worth?
The estimated value of the home located at 586 Spruce Avenue is $5,848,964.
What are some comparable homes to 586 Spruce Avenue?
There are currently no comparable homes to 586 Spruce Avenue.