40 Oak Terrace Lake Bluff, IL $ 1,950,000
40 Oak Terrace
$ 1,950,000
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40 Oak Terrace

Lake Bluff, IL, 60044
$ 1,950,000
Bedrooms4 Baths3.1 Sq 4,146

Monthly Estimate*

$ 12,960

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Single Family Home for sale in Lake Bluff, IL

for $1,950,000 with 4 bedrooms and 3 full baths, 1 half bath. This 4,146 square foot home was built in 1955 on a lot size of 0.45.

This stunning renovation and reimagined in-town East Lake Bluff home is straight from the pages of a design magazine! With a white farmhouse exterior, the inside is totally unexpected and such a surprise. Meticulously renovated from top to bottom by Landmark Luxury Group and designed by Soledad Zitzewitz Interiors, with the utmost attention to detail, this exquisite home boasts a perfect balance between style and functionality. Delivering an unparalleled living experience, the home features lacquer finishes, designer window treatments, a three-story rotunda, custom cabinetry and so much more. Walk through the front door to the living room where you will find a brick fireplace, rustic mantle, and lacquered ceiling. Adjacent to the living room sits a stunning powder room complete with a floor-to-ceiling wall of flowered marble tile. Enjoy a meal in the dining room with its vaulted ceiling and designer wallpaper. A breathtaking, one-of-a-kind lacquer rotunda serves as the heart of the home, enclosing a curved staircase which showcases a beautiful art gallery. The chef's kitchen contains every detail imaginable including high end appliances such as a 60" Wolf range, Sub-Zero refrigerator in addition to a large, double-sided island topped with custom quartzite countertops. There is also a large walk-in pantry. Entertain in the family room, featuring a vaulted ceiling, brick fireplace, custom bar with a beverage refrigerator, and two-toned wood built-ins. There is ample room for seating in this picturesque area, surrounded by windows and sliding glass doors offering incredible views of the lush backyard. At days' end, retreat to the first floor Primary Suite with its heated floors, dressing room and spa-like bath. The second floor meanwhile features a loft, three bedrooms and a full bath with double sinks. Head up to the third floor and relax in the bonus room, complete with a wet bar area, full bath and storage room. The fully fenced grounds are beautifully manicured and the west-facing backyard features a gorgeous brick patio, built-in fire pit and professional landscaping. Multiple flower beds encircle the home for year round floral color and greenery. This one-of-a-kind backyard experience is a true retreat only blocks from Lake Michigan and downtown Lake Bluff. Virtually everything in this home is new including the roof, windows, siding, two HVAC systems, cabinetry, appliances, trim, hardware and more. This labor of love is truly a masterpiece that is not to be missed!

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Single Family Contingent

Price

$ 1,950,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 20,146

Style

Lot Size

0.45

Year Built

1955

Town/City

Lake Bluff

County/Region

Lake

MLS | Web ID

12048796

Features
General
Interior Features Vaulted/Cathedral Ceilings Hardwood Floors Heated Floors First Floor Bedroom First Floor Full Bath Built-in Features Walk-In Closet(s)
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air Zoned
Possession Closing
Roof Asphalt
Appliances Double Oven Microwave Dishwasher High End Refrigerator Washer Dryer Disposal Wine Refrigerator Range Hood
Exterior Features Patio Fire Pit
Garage Spaces 2
Association Fee Includes None
Year Built 1955
Electric 200+ Amp Service
Township Shields
Tax Year 2022
Percent Ownership Fee Simple
Community Features Park Lake Water Rights Curbs Sidewalks Street Paved
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Contingency Attorney/Inspection
Other Structures Shed(s)
Total Rooms 10
Status Contingent
Directions East Sheridan Rd North to Oak Terrace
High School Lake Forest High School
City Lake Bluff
High School District 115
MLS Area Lake Bluff
Waterfront Y/N N
Street Name Oak
Elementary School Lake Bluff Elementary School
Tax Annual Amount 20146.72
Middle/Junior High School Lake Bluff Middle School
Virtual Tour https://player.vimeo.com/video/929606724
Days on Market 17
Standard Status Active Under Contract
Middle/Junior School District 65
Elementary School District 65
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Interior
Basement None None
Total Fireplaces 2
Fireplace Features Gas Log Gas Starter
Full Baths 3
Half Baths 1
Street Suffix Terrace
Laundry Features In Unit Sink
Total Bedrooms 4
Room Type Foyer Breakfast Room Pantry Storage Bonus Room
Total Baths 4
Bedrooms Possible 4
Bathrooom Double Sink
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Exterior
Lot Features Landscaped Wooded Rear of Lot Mature Trees
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 49.7 X 50.6 X 199.4 X 194.1 X 100.8
Lot Size Acres 0.45
Other Equipment Sprinkler-Lawn
Garage Onsite Yes
Garage Type Attached
Garage Ownership Owned
Exterior Other Fiber Cement Combination
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

andra@atproperties.com

Email

Affordability Calculator

$14,639
Per Month
89%
11%
0%
Monthly Principal & Interest
$12,960
Monthly Property Taxes
$1,679
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564860 Elementary School
565262 Middle School
Lake Forest High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$1,950,000 Listed Price

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40 Oak Terrace, Lake Bluff, IL, 60044 is a Single Family Home for sale at $1,950,000 with 4,146 sqft and a lot size of 0.45. 40 Oak Terrace has 4 bedrooms, 3.1 baths, and was built in 1955. The property's zip code is 60044 which is in Lake Bluff, IL