See Home Value
$7,000,000
● House - Off Market

950 Lake Road

Lake Forest, IL 60045
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
5,707 Ft²
$38,171
Est. Monthly

About This Property

Set along prestigious Lake Road in east Lake Forest, just moments from the shores of Lake Michigan, this majestic custom estate blends timeless architecture with exceptional modern luxury. Custom built in 2009 with uncompromising craftsmanship, the home makes a striking first impression with its gated entrance, stately all-brick exterior, slate roof, copper gutters, limestone balusters, and elegant brick paver driveway (with snowmelt system). Beautifully landscaped grounds and a private built-in swimming pool create a serene and inviting setting. Inside, extraordinary quality and thoughtful design are evident at every turn. A dramatic two-story foyer welcomes you with a sweeping curved staircase, custom iron balustrades, and rich Brazilian mahogany floors laid in an intricate herringbone pattern-setting the tone for the refined interiors that follow. Just beyond, the formal living room showcases exquisite paneled millwork, a coffered ceiling, and a fireplace, all complemented by oversized windows and French doors that fill the space with natural light. The elegant dining room is equally impressive, featuring a statement chandelier, detailed ceiling design, and a fireplace, creating a warm yet sophisticated setting for entertaining. The rich Brazilian mahogany floors run throughout the main living spaces, complemented by soaring 10' ceilings and 8' mahogany doors. Exquisite millwork-meticulously sawn on site-adds character and refinement throughout the home, while five fireplaces provide warmth and ambiance. A paneled elevator transports to all three levels.  The main level features a luxurious primary suite designed for comfort and privacy, complete with two generous walk-in closets and a spa-inspired bath with dual vanities, a round Jacuzzi tub, an oversized walk-in shower, and a convenient laundry room.  At the heart of the home, the spectacular chef's kitchen is appointed with furniture-grade cabinetry, thick granite countertops, and a large center island. Premium appliances include a professional six-burner Wolf range, two Sub-Zero refrigerator/freezers, two Miele dishwashers, a 4-burner Wolf cooktop, and a stainless steel farmhouse sink overlooking the rear yard. The spacious breakfast area offers beautiful views of the bluestone terrace and landscaped backyard.  The thoughtfully designed layout continues with a three-car attached garage that opens directly to a beautifully organized mudroom, ideal for managing everyday life. Just off this space is a full pool bath with exterior access, providing convenience for poolside living.  Upstairs, the second level offers three spacious en-suite bedrooms. The north bedroom includes a sitting room that could easily be converted into a fifth bedroom with a Jack-and-Jill bath. This suite also connects to a massive bonus room with fireplace above the garage, along with an adjacent room already plumbed for a second laundry room. At the center of the upper level, a private balcony provides a peaceful retreat-perfect for enjoying a summer read or relaxing in the sun. The finished basement level features 9'6" ceilings and offers exceptional living and entertaining space. Highlights include a wonderful recreation room with two-sided fireplace, theater, exercise room, and a luxurious spa bath with sauna. A full second kitchen, a deluxe wine cellar and a large laundry room with two washers and two dryers complete the lower level. Comfort and efficiency are enhanced by five HVAC systems, a security system, radiant heated floors in the garage, kitchen, and basement, Lutron Homeworks low-voltage lighting system, Lutron shade automation, and the protection of a 20KW whole-house backup generator.  Designed for effortless indoor-outdoor living, this remarkable estate combines classic elegance, superior craftsmanship, and resort-style amenities. A rare opportunity to experience refined living in one of Lake Forest's most coveted North Shore locations.
Unit Size
5,707 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$1,183
Property Type
House
Property Taxes
$5,027
HOA Dues
-
Year Built
2009

Payment Calculator

Cap Rate Calculator

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 3,782
  • Garage Type: 1
  • Garage Square Area: 682
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 30,601
  • Total Building Area: 9,640
  • Gross Building Area: 9,640
  • Building Area: 5,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEE R.LA ROCHELLE SUB.
  • Land Acres: 0000000703
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LEE R.LA ROCHELLE SUB. LOT 2

Neighborhood

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

Geography

  • Assessors Map Reference: 2650-B2
  • District: SHIELDS
  • Parcel: 12-27-305-006
  • Lot: 2
  • Municipality: TWP OF SHIELDS
  • Latitude: 42.2565
  • Longitude: -87.8243

    Address

  • Full Address: 950 Lake Rd
  • Address - House Number: 950
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lake Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 2223
  • Zip Code: 60045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,081,536
  • Tax Rate Code Area: 10014

    Appraisal Valuation

  • Standard Deviation: 0.4584
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 1,840,483
  • High Value: 2,684,313
  • Low Value: 996,652

    Market Valuation

  • Market Total Value: $2,566,385
  • Market Land Value: $548,731
  • Market Improvement Value: $2,017,654

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $855,376
  • Assessed Land Value: $182,892
  • Assessed Improvements Value: $672,484

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 24, 1996
  • Current Sale Recording Date: Oct 29, 1996
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3893756
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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
Unit for rent at 692 Cherry Avenue, Lake Forest, IL, 60045

$2,250 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
692 Cherry Avenue #B, Lake Forest, IL, 60045 Listing by Kimberly Shortsle
Unit for rent at 333 Scott Street, Lake Forest, IL, 60045

$3,790 /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 950 Lake Road built and last sold?
The property at 950 Lake Road was built in 2009 and last sold on Oct 24, 1996 for $935,000.
How much is this home worth?
The estimated value of the home located at 950 Lake Road is $0.
What are some comparable homes to 950 Lake Road?
There are currently no comparable homes to 950 Lake Road.