$649,000
PENDING $36K PRICE DROP

Estimated payment $4,486/month

Total Views 4,837
3 Beds
3 Baths
3,872 Sq Ft
$168 Price per Sq Ft

Highlights

  • Docks
  • Gated Community
  • Waterfront
  • Durand Elementary School Rated A-
  • Lake View
  • Deck

About This Home

Lake Summerset Waterfront – New England Post & Beam Construction This one-of-a-kind home was designed by EF Bufton of Princeton/Lancaster, MA, and built in 1983. It features traditional New England post and beam construction with no nails or metal fasteners, similar to the framing used in our local barns. The result is a structure with strong visual character and timeless appeal. The property includes 60 feet of landscaped shoreline with a cantilever pier and a lakefront patio and firepit area. A recently added lakeside sunroom brings the outdoors in and shifts the focus of the home from design alone to full engagement with the lake setting. Inside, the home offers three wood-burning fireplaces/stoves and three bedrooms—one on each level. Two bedrooms have en-suite baths, providing privacy and flexibility for family or guests. The grand main living room features 17-foot vaulted ceilings and a floor-to-ceiling stone fireplace. The lower-level walkout includes a family room, workshop, utility area, bedroom number three and a second laundry. The main floor bedroom suite also has its own stacked washer and dryer, along with a newly updated open tiled shower. The entry foyer leads to an indoor greenhouse/sitting area with excellent natural light. The kitchen is equipped with stainless appliances, Corian countertops, and a clear view of the lake from the sink. Without question the post and beam framing that continues into the garage makes that space a point of envy for all garage enthusiasts. This is a rare opportunity to own a distinct and thoughtfully built home on Lake Summerset.

Listing Agent

Don Morgan

Morgan Realty, Inc. License #471013558 Listed on: 07/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,601

Year Built

  • Built in 1983

Lot Details

  • 0.53 Acre Lot
  • Waterfront
  • Wooded Lot

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Wood Siding
  • Active Radon Mitigation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Lake Views

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Fire Pit

Schools

  • Durand Elementary School
  • Durand Jr High Middle School
  • Durand High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener

Community Details

Overview

  • Association fees include pool access, water access, clubhouse

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,601

Year Built

Built in 1983

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Ceiling-Wood Decorative, Countertop-Solid Surface, Radon Mitigation Active, Walk-In Closet, Window Treatments
  • Road Frontage: City/Town
  • Type: Gated Community, Water Front Lot, Wooded, Lake View
  • Electric: Circuit Breaker
  • Additional Room 5: Shop/Stor, Dimensions: 20.5x15.5, On Level: Walk Out
  • Additional Room 6: Sit Room, Dimensions: 12.7x13.6, On Level: Main
  • Additional Room 7: Grnhse RM, Dimensions: 21.5x5.4, On Level: Main
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1723
  • Estimated Below Grade Finished Sq Ft: 670
  • Exemptions: Owner, Senior
  • Fee Includes: Pool Access, Water Access, Clubhouse
  • General Features: Basement Entrance, Central Vac., County Taxes, Deck, Full Exposure, Laundry 1st Floor, L.L. Finished Space, Main Floor Primary, Patio, Skylight(s), Boat Dock, Fire-Pit/Fireplace
  • Grid: 11
  • Hoa Fee Frequency: Yearly
  • Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-BAINBRIDGE SEC 8 LOT 1926
  • Lot Acreage: 0.53
  • Lvt Date: 07/18/2025
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Stove Range Fuel: Electric
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 8498
  • Egress: Yes
  • Elementary School: Durand Elementary
  • Estimated Total Finished Sq Ft: 3872
  • Estimated Upper Sq Ft: 809
  • Garage Type Driveway: Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Lake Summerset Waterfront – New England Post & Beam Construction This one-of-a-kind home was designed by EF Bufton of Princeton/Lancaster, MA, and built in 1983. It features traditional New England post and beam construction with no nails or metal fasteners, similar to the framing used in our local barns. The result is a structure with strong visual character and timeless appeal. The property includes 60 feet of landscaped shoreline with a cantilever pier and a lakefront patio and firepit area. A recently added lakeside sunroom brings the outdoors in and shifts the focus of the home from design alone to full engagement with the lake setting. Inside, the home offers three wood-burning fireplaces/stoves and three bedrooms—one on each level. Two bedrooms have en-suite baths, providing privacy and flexibility for family or guests. The grand main living room features 17-foot vaulted ceilings and a floor-to-ceiling stone fireplace. The lower-level walkout includes a family room, workshop, utility area, bedroom number three and a second laundry. The main floor bedroom suite also has its own stacked washer and dryer, along with a newly updated open tiled shower. The entry foyer leads to an indoor greenhouse/sitting area with excellent natural light. The kitchen is equipped with stainless appliances, Corian countertops, and a clear view of the lake from the sink. Without question the post and beam framing that continues into the garage makes that space a point of envy for all garage enthusiasts. This is a rare opportunity to own a distinct and thoughtfully built home on Lake Summerset.
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 3202
  • L O1 Brokerage Number: 478025436
  • L O2 Brokerage Number: 478025436
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 28x14, On Level: Upper
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished, Partial Exposure
  • Bedroom 2: Dimensions: 16x14, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 22x12
  • Family Room: Yes, On Level: Main, Dimensions: 18x13
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20x18
  • Number Of Fireplaces: 3
  • Price Per Sq Ft: 167.61
  • Recreation Room: Yes, On Level: Walk Out, Dimensions: 20.5x20.5
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Wood, Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Zoned, Natural Gas, Heat Pump
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 1099

Schools

  • School District: Durand 322
  • Elementary School: Durand Elementary
  • Middle School: Durand Jr High
  • High School: Durand High

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2024
  • Taxes: 11601

MLS Schools

  • HighSchool: Durand High
  • School District: Durand 322
  • Middle School: Durand Jr High

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,601 $175,017 $33,042 $141,975
2023 $10,439 $149,972 $28,314 $121,658
2022 $9,332 $132,481 $25,265 $107,216
2021 $9,606 $115,517 $23,264 $92,253
2020 $9,536 $111,149 $22,384 $88,765
2019 $9,817 $101,790 $21,817 $79,973
2018 $9,286 $97,716 $20,944 $76,772
2017 $10,030 $95,800 $20,533 $75,267
2016 $8,473 $87,091 $20,533 $66,558
2015 $8,481 $87,091 $20,533 $66,558
2014 $8,447 $87,091 $20,533 $66,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Pending -- -- --
08/06/2025 08/06/25 Price Changed $649,000 -5.3% $168 / Sq Ft
07/18/2025 07/18/25 For Sale $685,000 +104.5% $177 / Sq Ft
07/11/2019 07/11/19 Sold $335,000 -4.3% $155 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $349,900 +17.1% $162 / Sq Ft
08/23/2016 08/23/16 Sold $298,900 -5.1% $138 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/31/2015 07/31/15 For Sale $315,000 -- $146 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- Huber Paul J
Warranty Deed $335,000 Security First Title
Grant Deed $298,900 Security First Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,000 New Conventional
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202504209

NorthWest Illinois Alliance of REALTORS®

APN: 05-06-376-012