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38856 N Cedar Crest Drive Lake Villa, IL 60046 Residential - Single Family Active

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Description

Welcome to this custom-built lakefront home on Petite Lake, offering stunning panoramic views and seamless indoor-outdoor living on a 0.433-acre lot. Rare opportunity to own a lakefront home featuring a walkout lower level with level,easy access to your private pier-no step terrain or exterior stairs, a true standout among lakefront properties. Custom-designed to capture beautiful lake views while enhancing the comfort and ease of lakefront living. The stone-accented exterior features multiple patios, a lakeside deck, and enclosed porches-ideal for entertaining and relaxing. Inside, the two-story great room showcases a floor-to-ceiling fireplace and a wall of windows overlooking the lake. The open-concept kitchen includes a large island, abundant cabinetry, and flows into the dining and living areas. Main-level primary suite features dual walk-in closets, spa-like bath with whirlpool tub and Opulent spa shower with body jets, direct laundry access, and a private three-season porch. Upstairs offers two bedrooms, full bath, and loft. The walkout lower level includes a large recreation room with fireplace, an additional three-season porch, and a fourth bedroom-perfect for guests or extended stays. Recent updates include two Trane furnaces with humidifiers (2024). This turnkey opportunity includes pier, all appliances (including additional lower-level units), TVs with surround sound, outdoor and porch furniture (Lloyd Flanders), pool table, basketball game and gas grill. Opportunities like this-combining level lake access, panoramic views, and a custom designed home-are rarely available on the Chain O'Lakes, let alone Petite Lake. Schedule your private showing today and experience lakefront living at its finest.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 5,494
Walkout Basement
Garage Size: 3
Attached Garage
Heated Garage
Built in 2001
School District: District 117
Security System
River Front
Stone Exterior
Two Fireplaces

General Information

Bedrooms: 4
Bathrooms: 4
Sqft: 5,494
County: Lake
Listed By:
Re/Max Advantage 847-395-3000
MRED MLS

Room Information

Great Room: 23X20
Loft: 21X16
Enclosed Porch Heated: 24X13
Foyer: 14X14
Pantry: 5X4
Deck: 25X16
Enclosed Porch: 16X12
Heated Sun Room: 15X9
Recreation Room: 49X31
Bedroom 2: 16X13
Bedroom 3: 16X13
Bedroom 4: 16X15
Kitchen: 23X15
Laundry: 12X6
Primary Bedroom: 16X16
$1,450,000
Est. $9,489/mo
4beds
4baths
5,494sqft
3cars
Active
BEDS4 BATHS3 full 1 partial SQUARE FEET5,494 MLS#12600770
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 117

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38856 N Cedar Crest Drive, Lake Villa, IL 60046.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,450,000$1,450,000$1,450,000
Down Payment $50,750$0$290,000
Monthly Mortgage Amount $8,651$9,000$7,048
Taxes $2018$2018$2018
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $870$0$0
Monthly Estimated Total $11,962$11,441$9,489

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