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  • $7,750,000

    1421 Lake Rd, Lake Forest, IL 60045

    7beds
    7,566sqft
    Single Family Residence
    Built in 1928
    2.68 Acres Lot
    $6,842,300 Zestimate®
    $1,024/sqft
    $8,706 Estimated rent

    Home value

    $6,842,300

    $5.68M - $8.21M

    $8,706/mo

    Zestimate® history
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    What's special

    Designed in 1928 by David Adler, the current owners have brought it into the 21st century, lovingly maintaining historical integrity while crafting an elegant home of enduring quality. Adler was renowned for his skill in placing homes in a way that they maximize natural light & provide an optimal living experience, & there is no better example of this than 1421 Lake. Situated beautifully on almost 3 acres, the home & private setting meld w/breathtaking lake views from almost every room. Portico entry w/barreled ceiling & bluestone walkway welcomes visitors with views of south gardens. Foyer features stunning original herringbone tile in glaze color chosen by Adler's sister, designer Frances Elkins, to reflect the color of the lake. Adler's trademark bent wood staircase graces entry. Large living room with 10' ceiling has pegged wooden floors refinished in 2022 & original, floor-to-ceiling built-ins. Relax by the fireplace with stunning mantel & original backplate. Wall of windows overlooks patio, lawn & lake. Exquisite sunroom has windows & 12' doors on 3 sides for all-season enjoyment of garden & lake, and lovely fireplace. Dining room has original Dutch Delft tiles surrounding fireplace & baseboard & beautiful barrel ceiling. Brand-new kitchen, butler's pantry, mudrooms, & family room designed by Morgante-Wilson Architects in 2022. The spectacular result: state-of-the-art chef's kitchen & open living plan seamlessly extending Adler's vision while crafting elegant home for intimate events & large celebrations. Kitchen has rift & quarter-sawn white oak hardwood floors, 2 islands w/Cambria quartz counters, large farm sink & prep sink, custom cabinetry, 2 sets of SubZero refrigerator drawers, Scotsman gourmet ice machine, & side-by-side SubZero refrigerator & freezer. The 60" Wolf stove w/double ovens nestles underneath reclaimed barn wood detail, matching Adler's exposed timber on east side of home. Large windows on 3 sides of kitchen fill room w/natural light for spectacular sunrises & sunsets. Gorgeous hardwood floors continue through family room w/custom shelving, built-in banquette, wet bar w/Brazilian Marinace stone counter, additional SubZero drawers & Scotsman nugget ice machine. West mudroom features herringbone fire-glazed tile, a 45" Kohler farm sink, white oak lockers, & custom stone counter. Going up the bent wood staircase reveals charming library w/wall-to-wall bookshelves & window seat looking over lawn & lake. Step into the primary suite w/gas log fireplace & full-sized dressing room & closet. The suite has 2 full baths, each w/Carrara marble heated flooring. 4 additional bedrooms on the 2nd floor all have built-ins, original sconces & arched doorways. 2nd floor has a wonderful sleeping porch. Updated 3rd floor is marvelous, w/2 bedrooms, 1 currently being enjoyed as a fabulous bunk room. Full bath & cedar closet complete 3rd floor. Outside, a complete & professional restoration of grounds enables four-season enjoyment of property. Newer 3 car garage includes 240V electric for car charging & storage attic. Composite stairs & boardwalk to sandy beach built in 2022, including a platform with bench storage providing panoramic views of lake. An all-property irrigation system was installed, including fully irrigated, raised planters in vegetable & flower gardens. LED landscape lighting highlights home, pathways, & beach steps. Wood-burning fire circle has stunning views of lake & home, & large gas fire feature anchors east patio. Spacious outdoor kitchen with 42" Lynx gas grill, Lynx beverage refrigerator & Marvel freezer has stunning lake views. Unique property enjoys 288' of protected sandy beach w/south & east exposures. Storage for beach equipment added in 2022. Energy-efficient upgrades: cedar shake roof 2023, NTI boilers & water heater, Mitsubishi HVAC, & exterior air conditioning condensers, 2022. Generac generator, advanced Keyth security system w/integrated smoke and alarm system. Wired for perimeter camera.

    Zillow last checked: 8 hours ago

    Listing updated: November 15, 2023 at 01:33pm

    Listing courtesy of:

    Katie Hauser 847-212-5214,

    Compass,

    Meg McGuinness 847-863-5599,

    Compass

    Bought with:

    Joanne Hudson

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 11847724MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full)
    • Level: Second
    • Area: 340 Square Feet
    • Dimensions: 20X17
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 240 Square Feet
    • Dimensions: 16X15
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Bedroom 4
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 208 Square Feet
    • Dimensions: 13X16
    Bedroom 5
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 272 Square Feet
    • Dimensions: 17X16
    Bedroom 6
    • Level: Third
    • Area: 345 Square Feet
    • Dimensions: 23X15
    Other
    • Level: Third
    • Area: 408 Square Feet
    • Dimensions: 24X17
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 440 Square Feet
    • Dimensions: 20X22
    Enclosed porch
    • Level: Second
    • Area: 162 Square Feet
    • Dimensions: 18X9
    Family room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 640 Square Feet
    • Dimensions: 20X32
    Foyer
    • Level: Main
    • Area: 399 Square Feet
    • Dimensions: 21X19
    Other
    • Level: Main
    • Area: 638 Square Feet
    • Dimensions: 29X22
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Island, Pantry-Butler, Pantry-Closet, Custom Cabinetry, Updated Kitchen), Flooring (Hardwood)
    • Level: Main
    • Area: 812 Square Feet
    • Dimensions: 29X28
    Laundry
    • Level: Basement
    • Area: 384 Square Feet
    • Dimensions: 24X16
    Library
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 220 Square Feet
    • Dimensions: 22X10
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 630 Square Feet
    • Dimensions: 30X21
    Mud room
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Sitting room
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 340 Square Feet
    • Dimensions: 20X17
    Walk in closet
    • Level: Second
    • Area: 176 Square Feet
    • Dimensions: 16X11
    Heating
    • Natural Gas, Forced Air, Radiator(s), Zoned, Radiant Floor
    Cooling
    • Central Air, Small Duct High Velocity, Zoned
    Appliances
    • Included: Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Water Purifier, Humidifier, Multiple Water Heaters
    Features
    • Dry Bar, Wet Bar, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk, Beamed Ceilings, Pantry
    • Flooring: Hardwood
    • Windows: Screens
    • Basement: Unfinished,Full
    • Number of fireplaces: 4
    • Fireplace features: Wood Burning, Gas Log, Gas Starter, Family Room, Living Room, Master Bedroom, Bedroom
    Interior area
    • Total structure area: 0
    • Total interior livable area: 7,566 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 3
    • Patio & porch: Patio, Screened
    • Exterior features: Outdoor Grill, Fire Pit
    • Has view: Yes
    • View description: Water
    • Water view: Water
    • Waterfront features: Beach Access, Lake Front
    Lot
    • Size: 2.68 Acres
    • Dimensions: 200X409X160X125X22X183X34
    • Features: Wooded
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 12282020270000
    • Special conditions: None
    • Other equipment: Sump Pump, Sprinkler-Lawn, Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Shake
    Condition
    • New construction: No
    • Year built: 1928
    • Major remodel year: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Security
    • Security features: Security System, Closed Circuit Camera(s)
    Community
    • Community features: Lake, Curbs, Street Lights
    Location
    • Region: Lake Forest

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/15/2023Sold$7,750,000-1.9%$1,024/sqft
    Source: MRED as distributed by MLS GRID #11847724 Report a problem
    10/3/2023Pending sale$7,900,000$1,044/sqft
    Source: MRED as distributed by MLS GRID #11847724 Report a problem
    9/19/2023Contingent$7,900,000$1,044/sqft
    Source: MRED as distributed by MLS GRID #11847724 Report a problem
    9/12/2023Listed for sale$7,900,000+143.1%$1,044/sqft
    Source: MRED as distributed by MLS GRID #11847724 Report a problem
    1/9/2020Sold$3,250,000-16.1%$430/sqft
    Source: MRED as distributed by MLS GRID #09492932 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$67,295 -1%$1,214,752 +12.8%
    2022$68,005 +7.2%$1,077,267 -4.9%
    2021$63,438 +2.3%$1,132,260 +4.5%

    Find assessor info on the county website

    Neighborhood: 60045

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sheridan Elementary School
    • Middle: Deer Path Middle School
    • High: Lake Forest High School
    • District: 67

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $6,842,300
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    $6,979,146