See Home Value
Lake Bluff 60044
700 Crab Tree Farm Lane
$11,250,000
● House - Off Market

700 Crab Tree Farm Lane

Lake Bluff, IL 60044
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
9,990 Ft²
$90,412
Est. Monthly
-0.59%
Cap Rate

About This Property

This lakeshore legacy property is a once-in-a-lifetime opportunity to establish your multi-generational family compound in the idyllic town of Lake Bluff, Illinois. This 27-acre property with its polo fields and equestrian stables with 13 stalls rivaling Wellington, and 700 feet of private Lake Michigan beach access for boating, is reserved for the discerning buyer who wants the best of both worlds: a luxurious country estate and the convenience of access to metropolitan living.  Just 35 miles north of Chicago's 22 Michelin Star restaurants, world-class museums including art by Suerat, O'Keeffe and Van Gogh, and the largest heliport in North America, Lakeshore Legacy boasts of the seclusion and security of a private oasis.  The sprawling estate has the ambiance of Europe with a tree-lined gravel drive, in-ground pool, tennis court, and nearby access to the prestigious Shore Acres Country Club. The marquee home features a stunningly renovated primary suite and handcrafted millwork making this six bedroom, six full and two half bath home the perfect retreat to enjoy unobstructed Lake Michigan sunrises. Both formal and informal gardens accentuate the beauty of the land.  Impressive architectural details abound including a captivating two-story entryway with iron railings, custom chef's kitchen with commercial grade appliances and sunny eat-in area, all in a meticulously maintained one-owner home that strikes the perfect balance between opulence and comfort.  Establish your lakeshore legacy: World class and a world away.  *PLEASE DO NOT ENTER CRAB TREE FARM LANE WITHOUT PERMISSION, AS IT IS PRIVATE PROPERTY.*
Unit Size
9,990 Ft²
Days on Market
-
Land Size
26.62 acres
Price per sqft
$1,592
Property Type
House
Property Taxes
$12,340
HOA Dues
-
Year Built
1994

Payment Calculator

Cap Rate Calculator

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 33
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 25
  • 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: 3,554
  • Garage Type: 1
  • Garage Square Area: 1,508
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 560,683
  • Total Building Area: 15,052
  • Gross Building Area: 15,052
  • Building Area: 9,990
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 9,990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWARD H WACHS CRABTREE FARM SUB
  • Land Acres: 0000012872
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: EDWARD H WACHS CRABTREE FARM SUB; LOT 1

Neighborhood

  • School District Name: Lake Bluff Elementary School District 65
  • Census Tract: 863300

Geography

  • Assessors Map Reference: 2593-E4
  • District: SHIELDS
  • Parcel: 12-16-402-001
  • Lot: 1
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2843
  • Longitude: -87.8331

    Address

  • Full Address: 700 Crabtree Ln
  • Address - House Number: 700
  • Address - Street Name: Crabtree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lake Bluff
  • Carrier Code: C006
  • 4-Digit Zip Code: 2151
  • Zip Code: 60044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,783,558
  • Tax Rate Code Area: 10011

    Appraisal Valuation

  • Standard Deviation: 0.4584
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 3,450,874
  • High Value: 5,033,041
  • Low Value: 1,868,706

    Market Valuation

  • Market Total Value: $5,396,721
  • Market Land Value: $2,910,162
  • Market Improvement Value: $2,486,559

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,798,727
  • Assessed Land Value: $969,957
  • Assessed Improvements Value: $828,770
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 Bluff


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 221 W Sheridan Place, Lake Bluff, IL, 60044

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,725 ft²
221 W Sheridan Place, Lake Bluff, IL, 60044 Listing by Matt Laricy
Unit for rent at 515 E Blodgett Avenue, Lake Bluff, IL, 60044

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,094 ft²
515 E Blodgett Avenue, Lake Bluff, IL, 60044 Listing by Kim Campbell


Frequently Asked Questions

When was property at 700 Crabtree Lane built and last sold?
The property at 700 Crabtree Lane was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 700 Crabtree Lane is $16,059,000.
What are some comparable homes to 700 Crabtree Lane?
There are currently no comparable homes to 700 Crabtree Lane.