ClosedPrice Reduced

$1,450,000

$1,575,000
40561 North Newport Drive, Antioch, IL 60002
4 Beds3 Baths4,906 sqft111 days
40561 North Newport Drive·Antioch, IL 60002
4Bedrooms
3Bathrooms
4,906Sq Ft
2023Year Built
About This Home

Built to impress-this stunning 4-bedroom, 3-bath coastal-style masterpiece in Newport Cove on Bluff Lake offers over 4,900 square feet of beautifully finished living space, completed in December 2023. From the moment you walk in, the 23-foot cathedral ceilings create an incredible sense of space and light. The kitchen is both stylish and functional, featuring a Silestone waterfall island, custom cabinetry with beverage area and an induction range with a double oven-perfect for everyday living or entertaining. The living area is anchored by a Venetian plaster fireplace that adds warmth and character. The primary suite feels like a private retreat, complete with a spa-inspired bathroom featuring a Toto toilet, Kohler fixtures, a body spray shower, and an oversized EverClean Evolution combo air bath and whirlpool tub. Downstairs, the walkout basement includes a sleek wet bar with LED-lit areas, making it an ideal space for hosting. Outside, you'll find two covered decks with glass railings and heat-mitigating Trex decking, perfect for relaxing or enjoying the water view. Additional features include multi-zone HVAC, radiant heat in the basement, a high-capacity 30 GPM tankless water heater, and whole-home Eero Wi-Fi for seamless connectivity. Newport Cove offers an exceptional lifestyle with 15 acres of open space, 1,800 feet of lakefront, an 8-acre waterfront park, and a private marina with 100 steel and concrete piers equipped with water and electricity. With direct access to the Chain O' Lakes, this home is ideal as a full-time residence or a weekend getaway. Seller financing at 5% interest available!

MLS# 12611173Listed April 7, 2026ResidentialContemporarySubdivision: Newport Cove
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Full Baths3
Half Baths0
Total Rooms9

Size & Structure

Living Area4,906 sqft
Garage Spaces2
Fireplaces1
Year Built2023
Lot Size80x156079x138

Location

CountyLake
TownshipAntioch
SubdivisionNewport Cove
Zip Code60002

Financial

List Price$1,450,000
Original Price$1,575,000
Price / Sq Ft$296
Annual Taxes (2024)$28,735
Monthly Tax Est.$2,395
Parcel #01241130160000
Interior Features

Appliances

MicrowaveRefrigeratorWasherDryerDisposalWine RefrigeratorHumidifier

Heating

Natural GasRadiant Floor

Cooling

Central AirZoned

Basement

FinishedExterior EntryFullWalk-Out Access

Laundry

Main LevelGas Dryer HookupSink

Fireplace

Electric
Exterior & Lot

Construction

Fiber Cement

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

BalconyDock

Lot Features

Common GroundsLandscapedWater RightsBacks to Open GrndViews
Utilities & Parking

Sewer

Community SewerSeptic Tank

Water Source

Well

Electric

200+ Amp Service

Parking

AsphaltBrick DrivewayGarage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$600
Quarterly

HOA Includes

InsuranceOther

Community Features

ParkDockWater RightsCurbsStreet Paved
Schools
Elementary
Grass Lake Elementary School
District: 36
Middle School
Grass Lake Elementary School
District: 36
Tax & Financial
Annual Taxes
$28,735
Tax Year 2024
Monthly Tax Est.
$2,395
per month
Price per Sq Ft
$296
per square foot
Price Reduced by $125,000
Original list price: $1,575,000
Property Location

40561 North Newport Drive, Antioch, IL 60002 — Lake County

$1,450,000
$296 / sqft
40561 North Newport Drive
4 bd3 ba4,906 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
111 days on market
2-car garage
1 fireplace
80x156079x138
$28,735/yr taxes
$600 HOA (quarterly)
Price reduced $125,000
$10,215
estimated monthly payment
Principal & Interest
$7,620/mo
Property Tax
$2,395/mo
HOA
$200/mo
$1,450,000
20% — $290,000
3%50%
6.875%
3%12%
Loan Amount
$1,160,000
Down Payment
$290,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Lakes Realty Group
Agent: Michelle Goldstein
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