Why Live in Lake Summerset
Lake Summerset in Durand offers a secluded waterfront lifestyle within a private, gated community surrounding a 275-acre reservoir. Residents enjoy a variety of outdoor activities, including fishing, boating, kayaking, and swimming, with two public docks and marinas available seasonally. The neighborhood restricts large boats, maintaining a quiet and laid-back atmosphere. In colder months, ice fishing and snowmobiling are popular. Additional amenities include tennis courts, a dog park, and a playground. Homes in Lake Summerset, developed since 1969, range from colonials and ranch homes to cabins, many of which have been updated with new patios, roofing, and private docks. Properties typically feature spacious yards and two-car garages due to the car-dependent nature of the area. Nearby, residents can visit Lakeside Inn, a diner and bowling alley, or head to Durand, less than 5 miles away, for dining and errands. Local favorites include Cimino’s for pizza and pasta and The Fire Barn for comfort food. Durand Community Unit School District No. 322 serves the neighborhood, with highly rated Durand Elementary School and Durand High School. State Routes 70 and 75 provide access to surrounding cities, with Freeport, Monroe, and Rockford about 30 minutes away. Many residents are weekend visitors from Chicago, which is nearly 100 miles via Interstate 90.
Home Trends in Lake Summerset, IL
On average, homes in Lake Summerset, Durand sell after 35 days on the market compared to the national average of 51 days. The median sale price for homes in Lake Summerset, Durand over the last 12 months is $260,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$260,000
Median Single Family Sale Price
$284,900
Average Price Per Sq Ft
$137
Number of Homes for Sale
12
Last 12 months Home Sales
33
Median List Price
$295,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%