1042 Terre Drive
Libertyville, IL, 60048 $ 880,000
Bedrooms5 Baths3.1 Sq 2,784 Monthly Estimate*
$ 6,078
for $880,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,784 square foot home was built in 1977 on a lot size of 0.901.
Welcome to 1042 Terre Drive, located in the highly sought-after Terre Fair neighborhood. Situated on a desirable interior one-acre lot surrounded by mature trees, this exceptional residence seamlessly blends timeless charm, incredible living space, and an impressive suite of recent high-value updates. From the moment you arrive, the newly installed driveway (2025) sets the tone for a home that has been well maintained and updated. At the heart of the main level, the gourmet kitchen boasts stylish custom cabinetry, granite countertops, a brand-new refrigerator (2025), and professional-grade stainless steel appliances-including a high-performance Wolf range and Wolf hood. The breakfast area opens effortlessly into a cozy family room complete with a wood-burning fireplace and custom built-in cabinetry, while French doors connect to the formal living room. A separate dining room, a convenient powder room, and a main-floor laundry/mudroom with laundry chute finish off this main level layout. Designed for both relaxation and effortless entertaining, the home features a beautiful, spacious cedar three-seasons room that overlooks a lush, private backyard retreat. Step outside onto the beautiful patio to take in views of the expansive green lawn, or make use of the convenient outdoor shed. Upstairs, you will find generous accommodations, including a tranquil primary suite featuring a walk-in closet and an updated bath with separate shower/toilet room, and luxurious heated floors. The home now boast 5 total bedrooms, with four upstairs and a versatile 5th bedroom located in the fully finished basement-a lower level that also houses a spacious recreation room, a full third bathroom, and ample storage space. Beyond its expansive interior, this residence offers unmatched peace of mind with major structural and system investments already taken care of. Recent mechanical and capital upgrades include a new furnace (2025), majority of windows replaced (2023/2024), a new washer and dryer (2022), a new sump pump (2022), new water heater (2023), new driveway and new garage door (2025)and a complete roof replacement installed in October 2020. Living in Libertyville offers an exceptional suburban lifestyle filled with community charm and modern convenience. Residents enjoy quick access to a vibrant, historic downtown filled with award-winning local restaurants, boutique shopping, seasonal farmers markets, and community events, as well as easy access to I-294 for effortless commuting and nearby trails at Independence Grove Forest Preserve. Adding even greater value to this premier property is its location within prestigious public school districts, enrolling students in the top-rated Oak Grove Elementary/Middle School and the nationally recognized Libertyville High School. Come check out this stunning home before it's gone!
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FeaturesGeneralLiving Area 2784
Sewer Public Sewer
Heating Gas Forced Air Radiant Floor
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s) Range Hood Gas Oven
HOA Fee 180
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick Wood Siding
Year Built 1977
Electric Circuit Breakers
Township Libertyville
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Annually
County Lake
New Construction N
Property Type Residential Detached Single
Other Structures Other
Total Rooms 9
Full Baths 3
Status New
Directions St Mary's road west on Terre drive to property
City Libertyville
High School District 70
MLS Area Green Oaks / Libertyville
Elementary School Oak Grove Elementary School
Tax Annual Amount 18278
Middle/Junior High School Oak Grove Elementary School
Standard Status Active
Middle/Junior School District 68
Elementary School District 68
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InteriorInterior Amenities Built-in Features Walk-In Closet(s) Bookcases Granite Counters Separate Dining Room Pantry
Basement Finished Full
Flooring Hardwood Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Half Baths 1
Laundry Features Main Level Gas Dryer Hookup Laundry Chute Sink
Total Bedrooms 4
Below Grade Finished Area 1392
Room Type Bedroom 5 Sun Room
Total Baths 4
Bedrooms Possible 5
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ExteriorParking Features Asphalt Garage Door Opener Yes Garage Owned Attached Garage
Lot Features Mature Trees
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 138x289x138x290
Lot Size Acres 0.901
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Sump Pump Backup Sump Pump; Water Heater-Gas
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* Excluded FeaturesList ByKeller Williams North Shore WestBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,078
- Monthly Property Taxes
- $1,523
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Libertyville, IL
Average List Price $1,006,557
Percent of Sale Price 14%
About Libertyville, IL 20,768 Population
0% Since 2002
$ 119,753 Median Income
45.67 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
5592232 Elementary School
5592232 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/24/2026 | $880,000 | | Listed Price |