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  • $133,000

    4909 N Watergate Rd, Olney, IL 62450

    3beds
    1,824sqft
    Townhouse, Single Family Residence
    Built in 1976
    0.46 Acres Lot
    $146,900 Zestimate®
    $73/sqft
    $1,565 Estimated rent

    Home value

    $146,900

    $135,000 - $157,000

    $1,565/mo

    Zestimate® history
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    $731/mo

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    What's special

    Affordable Rustic Lake Home or Luxurious Weekend Getaway. You can see with location, beauty, and affordability this home in the Watergate subdivision has it all. Nestled back in the trees overlooking East Fork Lake you will love the location of this stunning log home. The yard is spacious with a fenced-in backyard with tall trees providing lots of shade yet letting in the natural sunlight. Beauty, this home has it all, great curb appeal, lovely porches, and a balcony off the master overlooking East Fork Lake. Inside you will love the rustic feel and massive beams that make you feel you are in a multi-million dollar home in the mountains. The stone-front fireplace in the huge Great Room will be perfect for those cool winter days. The kitchen is a nice size and has a great layout and a gorgeous view. Upstairs is the Master with French doors to a walk-out Balcony plus the 3rd bedroom and 2nd bathroom. The deck off the back of the home has a pergola over the bar area plus all the room you need for entertaining. The large 2-car garage has a nice workshop in the back and easy-to-climb stairs to the full loft perfect for storage. Everywhere you look at this home you will see the beauty. Homes in this location simply do not come on the market, and the current owner has priced this home for a fast sale so don't think about waiting to call our office to set up your personal showing.

    Zillow last checked: 8 hours ago

    Listing updated: February 04, 2026 at 12:09pm

    Listing courtesy of:

    Phil Wiley 618-676-7445,

    WILEY REALTY GROUP

    Bought with:

    Phil Wiley

    WILEY REALTY GROUP

    Source: MRED as distributed by MLS GRID,MLS#: EB451298MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Flooring (Laminate)
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Bedroom 2
    • Features: Flooring (Laminate)
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Bedroom 3
    • Features: Flooring (Other)
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 9x15
    Great room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 672 Square Feet
    • Dimensions: 24x28
    Kitchen
    • Features: Flooring (Vinyl)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Electric Water Heater
    Features
    • Windows: Skylight(s), Window Treatments, Blinds
    • Basement: Egress Window
    • Has fireplace: Yes
    • Fireplace features: Insert
    Interior area
    • Total interior livable area: 1,824 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, Detached, Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Water view: Water
    Lot
    • Size: 0.46 Acres
    • Dimensions: 135' x 150'
    • Features: Level, Wooded
    Details
    • Parcel number: 0625300117

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Log
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Sewer: Aerobic Septic
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Olney
    • Subdivision: Watergate

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    1/18/2024Sold$133,000-4.7%$73/sqft
    Source: MRED as distributed by MLS GRID #EB451298 Report a problem
    12/21/2023Contingent$139,500$76/sqft
    Source: RMLS Alliance #EB451298 Report a problem
    12/18/2023Price change$139,500-6.9%$76/sqft
    Source: RMLS Alliance #EB451298 Report a problem
    12/12/2023Listed for sale$149,900$82/sqft
    Source: RMLS Alliance #EB451298 Report a problem
    11/15/2023Pending sale$149,900$82/sqft
    Source: RMLS Alliance #EB451298 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,281 -9%$44,332 -6.3%
    2023$2,506 +6.6%$47,320 +8%
    2022$2,351 +1.7%$43,815 +5%

    Find assessor info on the county website

    Neighborhood: 62450

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Richland
    • Middle: Richland County
    • High: Richland

    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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