ClosedPrice Reduced

$1,949,000

$2,199,000
511 Cambridge Lane, Lake Bluff, IL 60044
4 Beds4 Baths0 sqft105 days
511 Cambridge Lane·Lake Bluff, IL 60044
4Bedrooms
4Bathrooms
0Sq Ft
1966Year Built
About This Home

Here's an incredible opportunity to be in Lake Bluff, east of Moffett on over 1.5 acres of private landscaped grounds with lots of room to spread out both inside and out. This all-brick updated Colonial with 4 bedrooms and 4 baths, plus a first-floor office (or a 5th bedroom option) includes almost 5,400 square feet of above-grade living space. One of the best features of all is the brand new detached 2 1/2 car secondary garage that offers an incredible opportunity as a multi-functional space. Featuring vaulted ceilings, radiant heat floors, LED lighting, and commercial-grade epoxy floor coating, this space is perfect for the car enthusiast or for use as a workshop, studio, or amazing kid's play space/game room. Inside the main house, highlights include brand-new herringbone pattern hardwood flooring in the foyer, large living and dining rooms, impressive custom millwork, and updated lighting fixtures. The large kitchen features custom Christopher Peacock white cabinetry with beaded inset doors, new quartzite countertops, new tile backsplash, and Viking appliances. A sunny breakfast room provides access to a bluestone patio. Chic lounge room with high-end designer Farrow and Ball wallpaper, gas fireplace, plus a wet bar with custom cabinetry and under-counter wine refrigeration. Large family room with gas fireplace. Upstairs is a spacious primary suite with a fireplace and vaulted ceiling, a separate dressing room, and a primary bath with double vanity, a large shower, and a soaking tub. Three additional bedrooms, one en suite, and a hall bathroom complete the second floor. An attached three-car garage brings the total garaging on the property to 5 1/2 spaces. Other wonderful features include an elevator servicing the 1st and 2nd floors, bluestone patios, landscape irrigation, a generator, 2 HVAC systems, a new fire pit, a koi pond, and fenced-in "pet turf" dog play area. Many recent updates by the current owner plus newer windows, roof, generator, HVAC systems, and sump pumps by the previous owner make this an incredible opportunity to own this special property.

MLS# 11657595Listed October 24, 2022ResidentialColonial
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Full Baths4
Half Baths0
Total Rooms13

Size & Structure

Living Area0 sqft
Garage Spaces5
Fireplaces4
Year Built1966
Lot Size1.523 acres

Location

CountyLake
TownshipShields
Zip Code60044

Financial

List Price$1,949,000
Original Price$2,199,000
Annual Taxes (2021)$40,749
Monthly Tax Est.$3,396
Parcel #12214020490000
Interior Features

Appliances

Humidifier

Flooring

Hardwood

Heating

Natural GasForced AirSep Heating Systems - 2+

Cooling

Central Air

Basement

FinishedCrawl SpacePartial

Laundry

Main LevelLaundry Chute

Fireplace

Gas LogGas Starter
Exterior & Lot

Construction

Brick

Roof

Shake

Foundation

Concrete Perimeter

Patio & Porch

Patio

Lot Features

Cul-De-SacLandscapedMature TreesBacks to Public GRND
Utilities & Parking

Sewer

Storm Sewer

Water Source

Lake Michigan

Parking

AsphaltBrick DrivewayGarage Door OpenerHeated GarageGarageOn SiteGarage OwnedAttached
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

ParkPoolTennis Court(s)LakeCurbs
Schools
Elementary
Lake Bluff Elementary School
District: 65
Middle School
Lake Bluff Middle School
District: 65
High School
Lake Forest High School
District: 115
Tax & Financial
Annual Taxes
$40,749
Tax Year 2021
Monthly Tax Est.
$3,396
per month
Price Reduced by $250,000
Original list price: $2,199,000
Property Location

511 Cambridge Lane, Lake Bluff, IL 60044Lake County

$1,949,000
511 Cambridge Lane
4 bd4 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
105 days on market
5-car garage
4 fireplaces
1.523 acres
$40,749/yr taxes
$0 HOA (not applicable)
Price reduced $250,000
$13,639
estimated monthly payment
Principal & Interest
$10,243/mo
Property Tax
$3,396/mo
$1,949,000
20% — $389,800
3%50%
6.875%
3%12%
Loan Amount
$1,559,200
Down Payment
$389,800

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

Listed by
Compass
Agent: Alissa McNicholas
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