$735,000
SOLD OCT 7, 2025

301 Mainsail Dr Third Lake, IL 60030

3 Beds
2.5 Baths
2,343 Sq Ft
1988 Built

Recently Sold

$314 Per Sq Ft

1% Below List Price

Highlights

  • Lake Front
  • Community Boat Dock
  • Spa
  • Grayslake North High School Rated A
  • Boat Slip
  • Landscaped Professionally

About This Home

As of October 2025

If looking for a home that is full of FUN & FUNCTIONALITY, then this is THE ONE for you. A special waterfront home in a desirable neighborhood. Situated on lovely Druce Lake, along with water rights to Third Lake also. First floor primary bedroom. Garage bonus of large enough to store your boat, or camper along with your cars. Quiet location. It's a must see , and can be done while seller is getting ready for the move!

Last Agent to Sell the Property

Nano Engdahl

Baird & Warner License #475130315 Listed on: 08/15/2025

Baird & Warner

Last Buyer's Agent

Theresa Bloede

Compass License #475120299

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,230

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 65x18x203x70x197
  • Lake Front
  • Fenced
  • Landscaped Professionally

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cedar

Interior Spaces

  • 2,343 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Water Views
  • Dormer Attic
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Boat Slip
  • Deck
  • Patio

Location

  • Property is near park

Schools

  • Avon Center Elementary School
  • Frederick Middle School
  • Grayslake North High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lake rights
  • Mariners Cove Subdivision, Custom Floorplan
  • Community Lake

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,230

Year Built

Built in 1988

Lot Details

0 Sq Ft Lot

HOA Fees

$21 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Mariners Cove
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Humidifier
  • Basement: Partially Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Hot Tub
  • LivingArea: 2343
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Sun Room, Recreation Room, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Dormer
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Cedar
  • ExteriorFeatures: Hot Tub, Boat Slip
  • Fencing: Fenced
  • Lot Features: Landscaped
  • Patio And Porch Features: Deck, Patio
  • View: Water
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Dock, Water Rights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Elementary School: Avon Center School
  • High School: Grayslake North High School
  • Middle/Junior School: Frederick School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 65X18X203X70X197
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 17230.16
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2025
Closed on
Sep 23, 2025
Sold by
Larry W Herzog Revocable Trust and Herzog Larry W
Bought by
Kohn Kathryn
Seller's Agent
Nano Engdahl
Baird & Warner
Buyer's Agent
Theresa Bloede
Compass
List Price
$745,000
Sold Price
$735,000
Premium/Discount to List
-$10,000
-1.34%
Views
5
Current Estimated Value
$750,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,764
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Sep 4, 2007
Sold by
Herzog Larry W
Bought by
Herzog Larry W and Larry W Herzog Trust

Purchase Details

Closed on
Jun 15, 2007
Sold by
Fraser Deane M and Fraser Lynn V
Bought by
Herzog Larry W and Herzog Josephine A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $735,000 Baird & Warner Title
Interfamily Deed Transfer -- None Available
Warranty Deed $475,000 Fort Dearborn Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Sold $735,000 -1.3% $314 / Sq Ft
08/19/2025 08/19/25 For Sale $745,000 -- $318 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $16,407 $181,503 $35,010 $146,493
2023 $15,542 $166,578 $32,131 $134,447
2022 $15,542 $150,899 $43,489 $107,410
2021 $15,384 $145,039 $41,800 $103,239
2020 $14,881 $138,001 $39,772 $98,229
2019 $14,373 $132,401 $38,158 $94,243
2018 $16,673 $151,766 $43,991 $107,775
2017 $16,594 $138,745 $41,380 $97,365
2016 $15,904 $128,076 $38,198 $89,878
2015 $15,476 $117,007 $34,897 $82,110
2014 $14,383 $104,486 $31,438 $73,048
2012 $14,098 $109,123 $32,833 $76,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12433214

Midwest Real Estate Data (MRED)

APN: 06-24-204-066

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