320 Mainsail Dr Third Lake, IL 60030
Third Lake Neighborhood
3
Beds
2
Baths
1,694
Sq Ft
0.29
Acres
Highlights
- Lake Front
- Community Lake
- Property is near a park
- Grayslake North High School Rated A
- Deck
- Pond
About This Home
As of March 2025This stunning Mariner's Cove Ranch Home offers an updated, open-concept layout with remarkable features inside and out. Upon entry, you're greeted by an expansive foyer that sets the tone for the rest of the home. Beautiful gleaming hardwood floors run throughout, adding elegance to each room. The inviting Great Room offers fantastic views of the pond, perfect for relaxing or entertaining. The updated kitchen is a chef's dream with plenty of cabinet space, high-end stainless steel appliances, double ovens, and abundant natural light streaming in from two windows and a slider leading to a private deck. Adjacent to the kitchen is a formal dining room, ideal for hosting dinner parties, which opens to a lovely Three Season Room. Whether you're enjoying a morning coffee, watching the sunset with a glass of wine, or curling up with a good book, this room offers the perfect space to unwind. The spacious Master Suite provides gorgeous views and a recently updated bath, while two other generously sized bedrooms share another updated bath. If you're in need of more space, the finished basement offers a recreation room, private den, hobby room, and ample storage. For outdoor enthusiasts, the property's prime location offers direct access to a sandy beach and lakefront for picnics, kayaking, boating, and more. Located directly across the street from the Neighborhood Beach and Pier. Nestled between Third Lake and Druce Lake, Mariner's Cove offers year-round recreational opportunities, including fishing, ice skating, and boating. The community is surrounded by the expansive Rollins Savanna Forest Preserve and is conveniently located near shopping, dining, Metra stations, the tollway, and the historic downtown area of Grayslake. This home is truly a unique gem in an exceptional location-don't miss your chance to see it before it's gone! Recent Updates include New HVAC 2017, Some newer Windows 2021, Newer Carpet, All New Appliances 2017.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,538
Year Built
- Built in 1989
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 89x99x131x83
- Lake Front
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 1,694 Sq Ft Home
- Ceiling Fan
- Skylights
- Family Room
- Living Room
- L-Shaped Dining Room
- Den
- Screened Porch
- Home Gym
- Water Views
- Unfinished Attic
Kitchen
- Breakfast Bar
- Range
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Sump Pump
Outdoor Features
- Tideland Water Rights
- Pond
- Deck
Location
- Property is near a park
Schools
- Avon Center Elementary School
- Grayslake Middle School
- Grayslake North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Association fees include lake rights
- Mariners Cove Subdivision
- Community Lake
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $461,000 | +15.3% | $272 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $399,900 | +90.4% | $236 / Sq Ft |
| 05/13/2016 05/13/16 | Sold | $210,000 | -4.5% | $125 / Sq Ft |
| 04/07/2016 04/07/16 | Pending | -- | -- | -- |
| 03/29/2016 03/29/16 | Price Changed | $220,000 | -2.2% | $131 / Sq Ft |
| 02/10/2016 02/10/16 | For Sale | $225,000 | -- | $134 / 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 |
|---|---|---|---|---|
| 2023 | $8,303 | $84,201 | $23,358 | $60,843 |
| 2022 | $8,538 | $82,850 | $13,791 | $69,059 |
| 2021 | $8,451 | $79,632 | $13,255 | $66,377 |
| 2020 | $8,472 | $75,768 | $12,612 | $63,156 |
| 2019 | $8,179 | $72,693 | $12,100 | $60,593 |
| 2018 | $8,354 | $74,410 | $18,748 | $55,662 |
| 2017 | $8,313 | $69,993 | $17,635 | $52,358 |
| 2016 | $9,992 | $73,554 | $16,279 | $57,275 |
| 2015 | $9,810 | $67,197 | $14,872 | $52,325 |
| 2014 | $8,389 | $63,340 | $11,398 | $51,942 |
| 2012 | $8,254 | $66,151 | $11,904 | $54,247 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $261,000 | New Conventional | |
| Previous Owner | $25,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $148,125 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $157,500 | Purchase Money Mortgage |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $461,000 | None Listed On Document | |
| Warranty Deed | $210,000 | Affinity Title Services Llc | |
| Warranty Deed | $210,000 | Greater Illinois Title Co |
Source: Public Records
Similar Home in Third Lake, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12264026
APN: 06-24-203-004
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