499 W Old Mill Road Lake Forest, IL $ 4,995,000
499 W Old Mill Road
$ 4,995,000
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499 W Old Mill Road

Lake Forest, IL, 60045
$ 4,995,000
Bedrooms4 Baths5.2 Sq 5,576

Monthly Estimate*

$ 31,162

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Single Family Home for sale in Lake Forest, IL

for $4,995,000 with 4 bedrooms and 5 full baths, 2 half baths. This 5,576 square foot home was built in 1935 on a lot size of 9.62.

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.

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Single Family Active

Price

$ 4,995,000

Bedrooms

4

Full Bath

5

Half Bath

2

Property Type

Single Family

Taxes

$ 41,814

Style

Tudor

Lot Size

9.62

Year Built

1935

Town/City

Lake Forest

County/Region

Lake

MLS | Web ID

12219583

Features
General
Living Area 5576
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Roof Shake
Appliances Double Oven Range Microwave Dishwasher High End Refrigerator Bar Fridge Washer Dryer Disposal Wine Refrigerator Range Hood Water Purifier Owned Humidifier
Garage Spaces 4
Association Fee Includes None
Architectural Style Tudor
Construction Materials Stucco
Year Built 1935
Electric 200+ Amp Service
Township West Deerfield
Tax Year 2023
Ownership Fee Simple
Community Features Lake Street Paved
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Other Structures Dog Kennel Outdoor Kitchen Pergola Garage(s)
Total Rooms 12
Full Baths 5
Status Active
Directions Waukegan Road to Old Mill East to 499 Old Mill Road
High School Lake Forest High School
City Lake Forest
High School District 115
MLS Area Lake Forest
Elementary School Everett Elementary School
Tax Annual Amount 41814.89
Middle/Junior High School Deer Path Middle School
Standard Status Active
Middle/Junior School District 67
Elementary School District 67
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Interior
Interior Amenities Cathedral Ceiling(s) Wet Bar In-Law Floorplan Built-in Features Walk-In Closet(s) Bookcases Historic/Period Mlwk
Basement Unfinished Full
Flooring Hardwood
Total Fireplaces 3
Fireplace Features Gas Log Decorative
Half Baths 2
Laundry Features Upper Level Sink
Total Bedrooms 4
Room Type Atrium Library Exercise Room Loft Recreation Room Foyer Walk In Closet
Total Baths 7
Bedrooms Possible 4
Bathroom Separate Shower Double Sink
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Exterior
Exterior Amenities Hot Tub Dog Run Outdoor Grill Fire Pit
Parking Features Heated Garage On Site Garage Owned Attached Owned Garage
Water Source Lake Michigan
Total Parking 10
Lot Dimensions 1000 X 435
Lot Size Acres 9.62
Waterfront Y/N N
Other Equipment TV-Cable Security System Intercom CO Detectors Ceiling Fan(s) Sprinkler-Lawn
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* Excluded Features
List By
Jameson Sotheby's International Realty

Broker

Donna@Jamesonsir.com

Email

Affordability Calculator

$34,647
Per Month
90%
10%
0%
Monthly Principal & Interest
$31,162
Monthly Property Taxes
$3,485
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565992 Elementary School
567092 Middle School
Lake Forest High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2025$4,995,000 -3.94% Price Down
1/6/2025$5,200,000 Listed Price

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499 W Old Mill Road, Lake Forest, IL, 60045 is a Single Family Home for sale at $4,995,000 with 5,576 sqft and a lot size of 9.62. 499 W Old Mill Road has 4 bedrooms, 5.2 baths, and was built in 1935. The property's zip code is 60045 which is in Lake Forest, IL