This sprawling Tudor style estate is nestled on nearly 10 enchanting acres. Fully fenced, this amazing property borders a public prairie reserve that has been restored to and beyond the historic Jens Jensen design. The grounds are the design pallet that has created award winning gardens across the entire North-Shore and Wisconsin. Featuring a butterfly garden, an organic potager garden, orchard, vineyard, sprawling lawns, and a stocked fishing and water lily pond. The homes interior has been masterfully decorated and restored to its century old elegance. From the original unique ceiling moldings to the Walnut paneling and bookcases this home is beyond compare. The living room features 10 foot ceilings and is perfectly scaled for entertaining and gathering with family and special friends. The elegant dining room with fireplace and leaded glass windows make seasonal dining inside a very special occasion. Across the marble foyer from the dining room is a Southern facing Cypress paneled library that takes full advantage of the properties fabulous vistas and natural light. Altounian builders expertly crafted the chef's kitchen outfitted with fabulous white shaker cabinets, top-of-the-line appliances and exceptional details and finishes. Adjoining the kitchen via the pool breezeway is the bright and airy family room with seamless access to the terrace, a sleek fireplace and a custom bar, as well as access to a pool bathroom. Above the four car garage is a vaulted ceiling three room in-law suite, with full bath, currently being used as an exercise room, yoga studio and craft space. On the 2nd level you will find four beautiful en-suite bedrooms and baths, including the spacious primary suite with luxurious bath and enormous closet. Venture outdoors and enjoy your own private oasis. The entertainment area revolves around a pool and spa, an outdoor fireplace, multiple gathering areas with seating for thirty, and a pergola dining terrace, featuring an all stainless steel kitchen that can easily accommodate twelve - all working in perfect harmony to create an unparalleled al fresco dining experience. Offering almost 6,000 square feet of living space and a one-of-a-kind outdoor haven this home has been crafted to meet your every need - indoors and out. Horses are allowed, and there is the possibility to also subdivide the property.
New
$4,700,000
499 W Old Mill Rd, Lake Forest, IL 60045
4beds
5,576sqft
Est.:
Single Family Residence
Built in 1935
9.62 Acres Lot
$4,638,600 Zestimate®
$843/sqft
$-- HOA
What's special
Outdoor fireplaceSleek fireplaceExceptional details and finishesSprawling lawnsOrganic potager gardenButterfly gardenOriginal unique ceiling moldings
- 4 days |
- 1,057 |
- 50 |
Zillow last checked:
Listing updated:
Listing courtesy of:
Donna Mancuso (847)347-8245,
Jameson Sotheby's International Realty,
Jean Anderson,
Jameson Sotheby's International Realty
Source: MRED as distributed by MLS GRID,MLS#: 12628867
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Rooms
- Room types: Atrium, Library, Exercise Room, Loft, Recreation Room, Foyer, Walk In Closet
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full)
- Level: Second
- Area: 294 Square Feet
- Dimensions: 21X14
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Second
- Area: 255 Square Feet
- Dimensions: 17X15
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Second
- Area: 255 Square Feet
- Dimensions: 17X15
Bedroom 4
- Features: Flooring (Hardwood)
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Other
- Features: Flooring (Stone)
- Level: Main
- Area: 60 Square Feet
- Dimensions: 12X5
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 420 Square Feet
- Dimensions: 21X20
Exercise room
- Features: Flooring (Hardwood)
- Level: Second
- Area: 342 Square Feet
- Dimensions: 19X18
Family room
- Features: Flooring (Stone)
- Level: Main
- Area: 414 Square Feet
- Dimensions: 23X18
Foyer
- Features: Flooring (Marble)
- Level: Main
- Area: 147 Square Feet
- Dimensions: 21X7
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Island), Flooring (Hardwood)
- Level: Main
- Area: 504 Square Feet
- Dimensions: 24X21
Laundry
- Features: Flooring (Hardwood)
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Library
- Features: Flooring (Hardwood)
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17X15
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 735 Square Feet
- Dimensions: 35X21
Loft
- Features: Flooring (Hardwood)
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13X11
Recreation room
- Features: Flooring (Hardwood)
- Level: Second
- Area: 437 Square Feet
- Dimensions: 23X19
Walk in closet
- Features: Flooring (Hardwood)
- Level: Second
- Area: 252 Square Feet
- Dimensions: 18X14
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Water Purifier Owned, Humidifier
- Laundry: Upper Level, Sink
Features
- Cathedral Ceiling(s), Wet Bar, In-Law Floorplan, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk
- Flooring: Hardwood
- Basement: Unfinished,Full
- Attic: Interior Stair
- Number of fireplaces: 3
- Fireplace features: Gas Log, Decorative, Family Room, Living Room, Dining Room
Interior area
- Total structure area: 0
- Total interior livable area: 5,576 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Heated Garage, Yes, Garage Owned, Attached, Owned, Garage
- Attached garage spaces: 4
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Dog Run, Outdoor Grill, Fire Pit
- Pool features: In Ground
- Has spa: Yes
- Spa features: Outdoor Hot Tub
- Fencing: Fenced
Lot
- Size: 9.62 Acres
- Dimensions: 1000 X 435
Details
- Additional structures: Kennel/Dog Run, Outdoor Kitchen, Pergola, Garage(s)
- Parcel number: 16171000060000
- Special conditions: List Broker Must Accompany
- Other equipment: TV-Cable, Intercom, Ceiling Fan(s), Sprinkler-Lawn
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tudor
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Shake
Condition
- New construction: No
- Year built: 1935
- Major remodel year: 2000
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Lake, Street Paved
- Security: Security System, Carbon Monoxide Detector(s)
HOA
- Services included: None
Location
- Region: Lake Forest
Financial & listing details
- Price per square foot: $843/sqft
- Tax assessed value: $1,985,565
- Annual tax amount: $44,788
- Date on market: 4/27/2026
- Ownership: Fee Simple
Estimated market value
$4,638,600
$4.41M - $4.87M
$18,578/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $4,700,000-5.9%$843/sqft |
Source:  MRED as distributed by MLS GRID #12628867 Report a problem | ||
| 1/3/2026 | Listing removed | $4,995,000$896/sqft |
Source: MRED as distributed by MLS GRID #12219583 Report a problem | ||
| 7/30/2025 | Price change | $4,995,000-3.9%$896/sqft |
Source: MRED as distributed by MLS GRID #12219583 Report a problem | ||
| 1/6/2025 | Listed for sale | $5,200,000$933/sqft |
Source: MRED as distributed by MLS GRID #12219583 Report a problem | ||
| 10/7/2024 | Listing removed | $5,200,000$933/sqft |
Source: MRED as distributed by MLS GRID #12174010 Report a problem | ||
| 10/1/2024 | Listed for sale | $5,200,000-5.5%$933/sqft |
Source: MRED as distributed by MLS GRID #12174010 Report a problem | ||
| 12/17/2020 | Listing removed | $5,500,000$986/sqft |
Source: Berkshire Hathaway HomeServices Chicago #10851165 Report a problem | ||
| 9/9/2020 | Listed for sale | $5,500,000$986/sqft |
Source: Berkshire Hathaway HomeServices Chicago #10851165 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $41,494 +8.6% | $751,647 +13.6% |
| 2022 | $38,194 +5.6% | $661,789 +3.3% |
| 2021 | $36,156 +2.8% | $640,629 +3.5% |
| 2020 | $35,187 +3.1% | $618,953 +0.2% |
| 2019 | $34,120 -1% | $617,903 -7.6% |
| 2018 | $34,466 | $668,539 +0.3% |
| 2017 | $34,466 +5.2% | $666,407 +3.9% |
| 2016 | $32,750 -12.9% | $641,208 +6.4% |
| 2015 | $37,609 +2.9% | $602,469 -11.4% |
| 2014 | $36,551 +3.6% | $679,719 +0.9% |
| 2012 | $35,285 +4.3% | $673,723 -6.8% |
| 2011 | $33,836 +2% | $722,852 -5.7% |
| 2010 | $33,176 +3.2% | $766,605 -5.6% |
| 2009 | $32,153 +1.6% | $812,254 -2.3% |
| 2008 | $31,648 +3.2% | $830,951 +2.8% |
| 2006 | $30,668 +7.2% | $808,397 |
| 2005 | $28,606 +11.4% | -- |
| 2004 | $25,685 +1% | -- |
| 2003 | $25,428 +1.4% | -- |
| 2002 | $25,082 +110.7% | -- |
| 2001 | $11,907 -48.8% | $513,998 +6.4% |
| 2000 | $23,276 | $483,116 |
Find assessor info on the county website
Monthly payment
Est. payment
$33,641/mo
Principal & interest
$23458
Property taxes
$10183
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Climate risks
Neighborhood: 60045
Nearby schools
GreatSchools rating
- 10/10Everett Elementary SchoolGrades: K-4Distance: 0.9 mi
- 10/10Deer Path Middle School WestGrades: 7-8Distance: 2.7 mi
- 9/10Lake Forest High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Everett 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Lake County
- Lake Forest
- 60045
- 499 W Old Mill Rd
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