NOT LISTED FOR SALE

1955 Shore Acres Dr Lake Bluff, IL 60044

Estimated Value: $3,684,000 - $5,378,662

5 Beds
9.5 Baths
14,724 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $5,150,000 $350 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $30,616/month

153 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Indoor Pool
  • Lake Bluff Elementary School Rated A
  • Second Kitchen
  • Home Theater

About This Home

As of February 2024

Experience the epitome of private resort living in Shoreacres Golf Club, one of Lake Bluff's most exclusive areas. Awaiting you: a historic lakefront property poised on 4.8 magical acres with a private beach and a separate guest house. The main residence, a meticulously renovated colonial-style manse of over 14,700 square feet with attached garage space for 8+ cars, stands as a masterpiece of elegance and sophistication. The current owners breathed new life into the classic estate, which was built in 1941 for Hadley Richardson Hemingway, the first wife of Ernest Hemingway, and their son Jack. A grand circular drive and gardens usher you into the property's private wooded embrace with peekaboo views of the lake in the distance. Abundant light and lake views flood nearly every room of the residence, revealing the grandeur within. The floorplan, modernized for today's lifestyles, offers multiple spaces for entertaining several generations of friends and family at once - all with seamless flow to the majestic lakefront surroundings. Embodying the private resort spirit is a very large indoor pool and spa, a 2-story sports court, multiple outdoor entertaining areas and balconies with lake views plus a finished basement with theatre, bar, and full kitchen. A gracious office, a private guest bedroom or au pair suite (or second office) above the kitchen, a bonus room, three hotel-like guest bedroom suites, and an inspiring primary suite with a private deck overlooking the lake create endless flexibility. A thoughtful blend of custom built-ins, fine millwork, hardwood and porcelain flooring, and quality materials and finishes by Naperville-based Smithe Design Team lend an air of timelessness that can be traced back to the great lakefront estates of the past. Meanwhile, a wealth of contemporary features such as an elevator, first and second floor laundry rooms, motorized blinds, and a smart home automation system provide the 21-century comforts. No detail has been overlooked - not even outdoors. You'll be forever drawn to the beautifully manicured grounds and gardens, where an outdoor kitchen, outdoor shower, multiple patios, fenced areas, and a newly installed tram and stairs take you down to over 260 feet of private expansive sandy beachfront with a massive deck and built-in grill. Your exclusive retreat has arrived in this unparalleled Lake Bluff offering.

Last Agent to Sell the Property

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 08/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Dawn McKenna

Coldwell Banker Realty License #475122904 Listed on: 08/18/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,277

Year Built

  • Built in 1941 | Remodeled in 2022

Lot Details

  • 4.88 Acre Lot
  • Lake Front
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Mature Trees

Parking

  • 10 Car Attached Garage
  • Multiple Garages
  • Tandem Garage
  • Garage Door Opener
  • Parking Space is Owned

Interior Spaces

  • 14,724 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Dry Bar
  • Historic or Period Millwork
  • Beamed Ceilings
  • Coffered Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Heated Sun or Florida Room
  • Water Views
  • Home Security System

Kitchen

  • Second Kitchen
  • Range with Range Hood
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Beach Access
  • Access To Lake
  • Balcony
  • Rooftop Deck
  • Patio
  • Outdoor Grill

Schools

  • Lake Bluff Elementary School
  • Lake Bluff Middle School
  • Lake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Power Generator
  • Well
  • Multiple Water Heaters
  • Water Softener is Owned
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,277

Year Built

Built in 1941 | Remodeled in 2022

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1941
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Rebuilt Year: 2007
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full, Walk-Out Access
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bathrooms: 10
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 2934
  • Fireplaces: 4
  • Interior Amenities: Bar-Dry, Bar-Wet, Elevator, Hardwood Floors, In-Law Arrangement, First Floor Laundry, Second Floor Laundry, Pool Indoors, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Coffered Ceiling(s), Beamed Ceilings, Open Floorplan, Special Millwork, Granite Counters, Separate Dining Room
  • LivingArea: 14724
  • Other Equipment: Water-Softener Owned, Security System, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Generator, Multiple Water Heaters, Security Cameras
  • Room Type: Bedroom 5, Breakfast Room, Office, Theatre Room, Kitchen, Heated Sun Room, Foyer, Walk In Closet, Game Room
  • Estimated Total Finished Sq Ft: 17658
  • Assessed Sq Ft: 26948
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Storage Space
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 14724
  • Basement Sq Ft: 4216
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Dining Room
  • Total Sq Ft: 18940
  • Unfinished Basement Sq Ft: 1282
  • Main Level Sq Ft: 14724
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Roof Deck, In Ground Pool, Outdoor Grill
  • List Price: 5995000
  • Lot Features: Beach, Fenced Yard, Lake Front, Landscaped, Water View, Mature Trees, Lake Access, Waterfront
  • Patio And Porch Features: Deck, Patio
  • Waterfront: Yes
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 10
  • ParkingTotal: 10
  • Driveway: Concrete,Circular
  • Garage Details: Garage Door Opener(s),Tandem,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+
  • Laundry Features: Multiple Locations, Sink
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lake Bluff Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Lake Bluff Middle School
  • Middle/Junior School District: 65

Lot Info

  • Lot Size Acres: 4.8769
  • Lot Dimensions: 212438
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 44277.18
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Feb 13, 2024
Sold by
Claude J Marbach J and Claude Nichole N
Bought by
Trust Agreement 80023937529
Seller's Agent
Dawn McKenna
Coldwell Banker Realty
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$6,750,000
Sold Price
$5,150,000
Premium/Discount to List
-$1,600,000
-23.7%
Views
645
Current Estimated Value
$4,807,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$342,779
Avg. Annual Appreciation
-9.35%

Purchase Details

Listed on
Aug 17, 2021
Closed on
Dec 29, 2021
Sold by
Louis Goldberg Andrew and Louis Diana
Bought by
Marbach Claude J and Marbach Nichole R
Seller's Agent
Dominick Clarizio
@properties Christie's International Real Estate
Buyer's Agent
LaRae Mudd
Charles Rutenberg Realty of IL
List Price
$4,500,000
Sold Price
$4,023,500
Premium/Discount to List
-$476,500
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Listed on
Jul 29, 2020
Closed on
Dec 11, 2020
Sold by
Citimortgage Inc
Bought by
Goldberg Andrew Louis and Goldberg Diana
Seller's Agent
Christopher Hoelz
RE/MAX Plaza
Buyer's Agent
Dominick Clarizio
@properties Christie's International Real Estate
List Price
$2,499,900
Sold Price
$1,610,000
Premium/Discount to List
-$889,900
-35.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.28%
Original Mortgage
$1,127,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2014
Sold by
Michael Susan
Bought by
1955 Fcb Corp

Purchase Details

Closed on
Aug 24, 2012
Sold by
The Armenian Church
Bought by
Michael Susan

Purchase Details

Closed on
Mar 22, 2007
Sold by
Michael Susan
Bought by
Armenian Church Of Lake Bluff

Purchase Details

Closed on
Dec 31, 2003
Sold by
Grinter Donald W and Grinter Lori I
Bought by
Michael Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
5.96%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 15, 1994
Sold by
Gedge Charles H and Gedge Jone R
Bought by
Grinter Donald W and Grinter Lori I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trust Agreement 80023937529 $5,150,000 None Listed On Document
Marbach Claude J $4,023,500 Proper Title
Goldberg Andrew Louis $1,610,000 Attorneys Ttl Guaranty Fund
1955 Fcb Corp -- None Available
Michael Susan -- None Available
Armenian Church Of Lake Bluff -- None Available
Michael Susan $3,000,000 --
Grinter Donald W $858,333 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldberg Andrew Louis $1,127,000
Previous Owner Michael Susan $2,000,000
Previous Owner Michael Susan $1,500,000
Previous Owner Michael Susan $4,000,000
Previous Owner Michael Susan $3,000,000
Previous Owner Michael Susan $500,000
Previous Owner Michael Susan $3,750,000
Previous Owner Grinter Donald W $475,000
Previous Owner Grinter Donald W $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $5,150,000 -14.1% $350 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $5,995,000 -5.2% $407 / Sq Ft
09/26/2023 09/26/23 Price Changed $6,325,000 -6.3% $430 / Sq Ft
08/18/2023 08/18/23 For Sale $6,750,000 +67.8% $458 / Sq Ft
12/29/2021 12/29/21 Sold $4,023,500 -10.6% $228 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $4,500,000 +179.5% $255 / Sq Ft
12/07/2020 12/07/20 Sold $1,610,000 -28.4% $127 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
08/25/2020 08/25/20 Price Changed $2,250,000 -10.0% $178 / Sq Ft
07/29/2020 07/29/20 For Sale $2,499,900 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $53,064 $783,596 $642,458 $141,138
2023 $44,277 $722,341 $592,236 $130,105
2022 $44,277 $617,031 $505,894 $111,137
2021 $37,856 $536,613 $501,531 $35,082
2020 $98,838 $916,575 $504,305 $412,270
2019 $98,833 $1,452,082 $495,048 $957,034
2018 $110,215 $1,608,259 $553,472 $1,054,787
2017 $112,139 $1,635,797 $598,642 $1,037,155
2016 $107,667 $1,557,013 $569,810 $987,203
2015 $104,335 $1,466,114 $536,544 $929,570
2014 $96,501 $1,326,444 $367,371 $959,073
2012 $89,847 $1,337,951 $370,558 $967,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11853353

Midwest Real Estate Data (MRED)

APN: 12-09-401-002