1951 Merritt Lane
Lake Forest, IL, 60045 $ 1,850,000
Bedrooms6 Baths6.1 Sq 5,895 Monthly Estimate*
$ 12,296
for $1,850,000 with 6 bedrooms and 6 full baths, 1 half bath. This 5,895 square foot home was built in 1994 on a lot size of 1.25.
New Price! Nestled at the end of a quiet cul-de-sac, this majestic traditional brick residence stands as a testament to timeless elegance. Offering an expansive 5,895 square feet of living space, this home boasts 6 bedrooms and 6.1 bathrooms, all set on an immaculate 1.25-acre parcel adorned with meticulously manicured landscaping and a welcoming circular driveway. As you step through the entrance, the foyer unfolds to reveal an exquisite curved staircase, complemented by gleaming hardwood floors, soaring ceilings, and beautiful millwork. This property offers a host of distinctive features, including an enchanting living room with a charming fireplace and a sophisticated library with French doors. A formal dining room, complete with a butler's pantry, sets the stage for memorable gatherings. The heart of the home, the family room, is adorned with a distressed limestone fireplace and a convenient wet bar. This space effortlessly flows into the kitchen, where recently painted cabinetry, granite countertops, a central island with a breakfast bar, and top-tier stainless steel appliances come together to create a culinary haven. The laundry room has the added attraction of a dog wash station. For guests or multi-generational living, a private first-floor bedroom with a full bathroom is situated just off the 3-car garage and back staircase. The second floor features 5 bedrooms and 4 full bathrooms, including the spacious primary suite with sitting area, walkout Juliet balcony, luxurious bathroom, and walk-in closets. The lower level offers an extra 1,000 square feet of beautifully finished space, comprising a recreation room, an exercise room, a game room, second laundry room and an additional full bathroom, along with plenty of storage options. Outside, relish in the privacy and seclusion of this property, surrounded by mature trees, flourishing perennial gardens, and even a putting green. This beautiful home has been lovingly maintained and is in impeccable condition with an extensive list of improvements (see list under additional information), including a new roof & gutters (2021) and new mechanicals! Don't miss!
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FeaturesGeneralInterior Features Vaulted/Cathedral Ceilings Hardwood Floors First Floor Bedroom First Floor Laundry First Floor Full Bath Walk-In Closet(s) Ceiling - 9 Foot
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Shake
Exterior Features Patio
Garage Spaces 3
Association Fee Includes None
Architectural Style Traditional
Year Built 1994
Electric Circuit Breakers
Township West Deerfield
Tax Year 2023
Percent Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 12
Status Active
Directions Everett Rd then S on Telegraph Rd to Arbor W to Merritt
High School Lake Forest High School
City Lake Forest
High School District 115
MLS Area Lake Forest
Waterfront Y/N N
Street Name Merritt
Elementary School Everett Elementary School
Tax Annual Amount 30924.74
Middle/Junior High School Deer Path Middle School
Additional Parcels Y/N N
Days on Market 13
Standard Status Active
Middle/Junior School District 67
Elementary School District 67
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InteriorBasement Full Finished
Total Fireplaces 2
Fireplace Features Gas Log Gas Starter
Full Baths 6
Half Baths 1
Street Suffix Lane
Total Bedrooms 6
Room Type Bedroom 5 Bedroom 6 Exercise Room Recreation Room Mud Room Storage Other Room
Total Baths 7
Bedrooms Possible 6
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ExteriorWater Source Lake Michigan
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 54450
Lot Size Acres 1.25
Other Equipment Ceiling Fan(s) Sump Pump Backup Sump Pump;
Garage Onsite Yes
Garage Type Attached
Garage Ownership Owned
Exterior Brick
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
lisatrace@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,296
- Monthly Property Taxes
- $2,577
- 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.
Learn more about how to save NearbySingle family listings in Lake Forest, IL
Average List Price $1,982,722
Percent of Sale Price 7%
About Lake Forest, IL 19,888 Population
-2% Since 2002
$ 164,533 Median Income
46.48 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
565992 Elementary School
567092 Middle School
Lake Forest High School High School
Pricing HistoryDate | Price | Price Change | Description |
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5/2/2024 | $1,850,000 | | Listed Price |