$298,687Average Value$191Average Price per Sq Ft2Homes For Sale
A quiet lakeside community with its own private beach
Situated along the quiet shores of Wonder Lake, Lookout Point is full of peaceful winding streets. “This used to be summer homes for Chicago firemen and policemen years and years ago,” says Sue O’Brien, the treasurer for Lookout Point’s homeowners association. “They would have a little cabin. A lot of those cottages have been turned into nice homes.” Custom-built homes sit along the lake with piers jutting out over the water. Even those living farther from the shoreline can walk through the neighborhood to the private neighborhood park.
Waterskiing and tubing on Wonder Lake
Lookout Point Park and Boat Launch is just off the cul-de-sac on Lake Shore Drive. “You can only get into the park if you’re a resident and you’ve paid your dues,” O’Brien says. The beach is small, just a little patch of sand along the shoreline, with a pier next to it where people can park their boats or fish. The park is mainly open green space with a slide and swing set. On the lake, people can fish or pull kids on tubes in the wake of their boats. “A lot of people have mostly pontoons,” O’Brien says. “Pontoons are great party boats. If your relatives want to come, and they always want to come, we can all sit on the boat.” Wonder Lake also has a nationally recognized water-skiing team, where members can learn water tricks and different formations with the team.
Lookout Point Park features a small beach and boat launch in Wonder Lake.
The Lookout Point neighborhood offers scenic views of Wonder Lake.
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Cottages and custom builds along the lakefront
Trees hang close to the curving streets in Lookout Point, shading properties and offering privacy. Homes along the lake are large custom builds, often with large windows and decks where owners can enjoy the views of the water. “But if you’re not on the lake, then the homes are smaller,” O’Brien says. Cottages and ranch-style homes sit on smaller lots, typically selling between $175,000 and $275,000. Custom builds are slower to come on the market, but recent 2024 sales have options that sold for $485,000 and $825,000.
Cottage homes are a common sight in the Lookout Point neighborhood.
More expensive homes in Lookout Point sit on Wonder Lake's waterfront.
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Free summer waterski shows on Wonder Lake
Every Friday in the summer, the Wonder Lake Water Ski Show Team offers free shows on the water, showing off their skills and coordination. On Wednesday evenings from May to October, the Wonder Lake Farmers and Makers Market brings fresh produce and artisan goods from local producers to the town.
Old-fashioned diners and pubs with live music
A bit north of Lookout Point, Busy Bee is an old-fashioned diner with green walls and windows framed by hanging plants accented with warm wood ceilings. Visitors can stop in for pancakes and omelets in the morning and sandwiches for lunch and dinner. Alibi Pub and Grill is south of the neighborhood, serving up burgers and live music in the evenings. Creekside Country Store is just over a mile away for quick snack runs. Over in Johnsburg to the east, Walmart, Meijer and Aldi are all about 5.5 miles away.
Lookout Point dining options include the welcoming Busy Bee in Wonder Lake.
Lookout Point residents can shop at big box stores like Walmart in Johnsburg.
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Science opportunities at McHenry Community High School
Kindergarten through eighth-grade students in Lookout Point can attend Harrison Elementary School, which holds a C-minus ranking from Niche. McHenry Community High School earns a B-plus. Students are currently split across two campuses, one for the freshmen and the other for the rest. The Upper Campus in 2021 added the Center for Science, Technology and Industry, offering 70,000 square feet of science and engineering labs and a greenhouse.
McHenry Community High is a highly-rated public school in McHenry, IL.
Wonder Lake's Harrison Elementary has about 402 students in grades PK, K-8.
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Driving to nearby amenities from Lookout Point
When not spending their days along the water, residents can use Wonder Lake Road to head north or south throughout Wonder Lake. The closest emergency room is over 8.5 miles away at Northwestern Medicine McHenry Hospital. Downtown Chicago is about 61 miles away, and the closest airport is Chicago O’Hare International Airport, about 47 miles away.
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On average, homes in Lookout Point, Wonder Lake sell after 91 days on the market compared to the national average of 52 days. The median sale price for homes in Lookout Point, Wonder Lake over the last 12 months is $199,900, down 26% from the median home sale price over the previous 12 months.
Nice-sized Ranch home perfectly situated on a spacious double lot just minutes from the lake! Step inside and you'll find an open floor plan with a comfortable family room and dining area right off the kitchen-ideal for everyday living and entertaining. Originally designed as a 3-bedroom home, the owner thoughtfully reimagined the layout by converting two bedrooms into a spacious Primary bedroom.
Welcome to your dream lakefront home with a master bedroom suite, 2 car garage, boat house and great sunset lake views. Perfect for a large family or entertaining overnight guests with 4 bedrooms, 3.5 baths and around 3,000 sq ft. Enjoy the main level's open floor plan that includes living, family, dining, breakfast, laundry rooms, kitchen, office and deck. The living room has custom woodwork and
2 Lots totaling about 9500 square feet. High and dry, preliminary soils look good. Great location. Do your due diligence regarding buildability. Lots 4 & 5
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