4 months on rocket

575 Lakeland Dr, Lake Bluff, IL, 60044

$5,395,000

5 Bedrooms
4 Full Baths, 1 Partial
5,751 SqFt
$938/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Garage3 spaces
Year Built1979
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front, Waterfront
MLS #12089798
Lot Size2.82 Acres
StatusActive

About 575 Lakeland Dr

A rare opportunity arises to own a singular architectural masterpiece designed and built in 1979 by noted architect, Roy Binkley for his own family. Sited on 2.8 privileged acres encompassing the historic Stanley Field estate garden and croquet field on Lake Michigan, this iconic property stands as an ode to modernism and featured in Architectural Digest. The home was inspired by the cubic simplicity of Mies van der Rohe, under whom Binkley studied. A dynamic interplay between hard lines and soft curves, openness and enclosure, and old and new unfolds throughout the circular floor plan. Unique architectural details from a floating staircase and limestone floors on the main level to double-dome skylights create visual interest. Soaring ceilings and expansive walls of glass blur the lines between interior and exterior, offering panoramic vistas of the lake from nearly every vantage point. Each level of the three-story home presents a separate stage and a different scene. Mature trees and meticulous landscaping further enhance the feeling of a secluded, private lakefront sanctuary. Having passed through only two sets of discerning owners, the home has been meticulously cared for since its inception. Recent updates include a thoughtful conversion of the exterior to stucco in 2018 and a complete roof replacement in 2020. Conscientious restoration and renovation have ensured every element reflects the spirit of contemporary living. The kitchen, primary suite, second-floor hall bath, and laundry have all been modernized with an astute eye for detail. On the third floor, the autonomous treetop suite, once the architect's studio, underwent a clever transformation into a spacious fourth bedroom suite complete with closet and en-suite bath. From here, enjoy panoramic views of Lake Michigan from wide curved picture window. Joan Binkley's former artist studio now offers a welcoming family room. Attached to the 3-car garage is a separate garden room with sink and full bath, which could be a fifth bedroom with ensuite bath perfect for guests, in-laws or office. Internationally renowned landscape architect Doug Hoerr further elevated the property in 2001 with a redesigned hardscape and garden, including a large limestone terrace mirroring the home's interior. Additional features include four independently controlled HVAC zones for comfort. An unfinished lower level provides ample storage, including a wine cellar and a cedar closet. Revetment work in the early 2000s and further stabilization efforts involving railroad ties and partial stairs in 2016 ensure continued peace of mind for the next owner. Additionally, a permanent easement exists on the property, shared with two neighboring homes, for access to the north side of the property. This exceptional offering presents an unparalleled opportunity to own a piece of architectural history in Lake Bluff. Roy Binkley's modernist masterpiece, nestled amidst the natural beauty of Lake Michigan, awaits a discerning owner who appreciates timeless design and breathtaking surroundings.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1979
  • Living Area: 5,751 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 234-8000
  • Listing Agent: Annie Royster Lenzke

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s), Wine Cooler, Cooktop, Range Hood
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Bookcases, Open Floorplan

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront
  • Exterior: Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Waterfront, Landscaped, Views, Trees, Garden
  • Lot Size: 2.82 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Forest High School, Public District Grades 9-12
  • Lake Bluff Middle School, Public District Grades 6-8
  • Lake Bluff Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Moffett Road south of Sheridan Place, east on Lakeland. *With a confirmed appointment only, enter the tree-lined private drive for 575 (nicknamed Hemlock Lane). 575 is to the right/south at the end of the private drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,395,000
  • Price Per SqFt: $938/SqFt
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Housing Market Comparison

See how this home compares to others in Lake Bluff, IL.

Med. Sold Price

$685K

Med. Price/SqFt

$295

Avg. Days On Market

26

# of Sold Homes

12

575 Lakeland Dr vs Lake Bluff

133 DAYS ON ROCKET

+107 Days

$5,395,000

+$4.7M More

$938/SqFt

+$643 More

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price and $643/SqFt more than other homes in Lake Bluff, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12089798

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 234-8000
  • Listing Agent: Annie Royster Lenzke

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:45:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 1998Home Sold
$1,625,000
Jul 01, 1998Home Sold
$1,625,000

History based on county public records data.

Payment Calculator

$26.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1913775
7
/10
  • Lake Bluff Elementary School

  • 350 W Washington Ave

  • 1.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1913776
8
/10
  • Lake Bluff Middle School

  • 31 E Sheridan Pl

  • 0.78 miles

  • Public District Grades 6-8

High School

school-card-donut-1913777
10
/10
  • Lake Forest High School

  • 1285 N Mckinley Rd

  • 0.77 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $237,370. The majority of Lake Bluff, IL residents have income $200k+ annually. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 575 Lakeland Dr

What is the listing price of this property?

The listing price of 575 Lakeland Dr property is $5,395,000.

What type of property is this?

The property 575 Lakeland Dr is a house located in Lake Bluff, Illinois, 60044.

Is this property for sale now?

Active Listing: 575 Lakeland Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 575 Lakeland Dr are:
Lake Bluff Elementary School: GreatSchools Rating 7/10
Lake Bluff Middle School: GreatSchools Rating 8/10
Lake Forest High School: GreatSchools Rating 10/10

When was this property sold last time and for how much?

The last sale was on July 1, 1998 for $1,625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 575 Lakeland Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 575 Lakeland Dr is 5,751 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 575 Lakeland Dr is 1979.
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Rocket Homes›Illinois›Lake County›Lake Bluff›60044›575 Lakeland Dr

This home is located at 575 Lakeland Dr in Lake Bluff, IL and zip code 60044. This 5,751 square foot home, which was built in 1979, sits on a 2.82 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $5,395,000.

In October 2024, from all listings sold in Lake Bluff, IL there were more than 3 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price. In October 2024 in Lake Bluff, IL there were 8.9% more homes for sale than in September 2024. Listings spent 26 days on the market in October 2024, and had a median list price of $685,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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