$1,590,000
$160K PRICE DROP

43 E Point Dr Galena, IL 61036

Estimated payment $11,517/month

Total Views 11,447
6 Beds
7 Baths
8,662 Sq Ft
$184 Price per Sq Ft

Highlights

  • Equestrian Center
  • Lake View
  • Covered Deck
  • Spa
  • Waterfront
  • Wooded Lot

About This Home

REDUCED! Welcome Home to Raven Oaks on Lake Galena! This magnificent 6-bedroom 7 bath lakefront home located at The Galena Territory in picturesque Jo Daviess Count offers a private 8600 sq. feet of opulent splendor situated on 1.4 acres and is bounded on two sides by green space. This income generating family home boasts 25-foot vaulted wood ceilings with timber peg post construction. The sunken great room features a four-sided open gas fireplace, private wet bar with refrigerator and icemaker, and 4 sets of patio doors leading to the tremendous secluded deck with breathtaking panoramic views. The gourmet kitchen has granite countertops, a spacious island that seats 6, gas stovetop, double wall oven, 2 pantries, and an abundance of custom cabinetry. The formal dining room has an elegant custom built-in buffet/coffee and breakfast bar. There is an adjacent breakfast nook that seats 8 which leads to the beautiful screened-in porch with stone pillar accents and completed with a wet-bar. The primary suite has 2 private decks, sitting area with gas fireplace, built-in book shelves and coffee bar. The grand en-suite features a whirlpool tub, his & her walk-in closets, and a double sink vanity. The main floor also includes a fantastic guest room suite with its own private deck and bath, 2 powder rooms, and main floor laundry. The walk-out lower level includes a variety of 4 bedrooms, of which two are suites and two share a spacious bath. King beds, queen beds, a baby bed, and a queen Murphy bed fill these rooms with walk-in closets and patio doors to access both private decks and the beautiful stone patio. A separate media/theatre room that seats 12, has an Alexa capable 130” projector screen, a billiard room with patio doors to the stone patio, gaming room with TV and play station, kiddos room with pinball machines and various games, and last but not least, a hot tub room with a private shower complete this fantastic floor. The mechanicals include 3 furnaces, 3 gas water heaters, Culligan water conditioning system, a lower-level laundry area, and 400-amp electrical service. While staying at this exceptionally unique home, enjoy all the amenities The Galena Territory has to offer. Fishing, golfing at 4 championship courses, walking trails, and an owner’s club that features indoor and outdoor pools, exercise facilities, and magnificent views from every window. This property is currently listed as a vacation rental property, and has been approved and licensed by the Jo Daviess County Guest Accommodations.

Listing Agent

Stephen Henry Clay

JIM SULLIVAN REALTY License #475134749

Co-Listing Agent

KAREN CLAY

JIM SULLIVAN REALTY License #475156072

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,683

Year Built

  • Built in 1994

Lot Details

  • 1.4 Acre Lot
  • Waterfront
  • Dog Run
  • Fenced Yard
  • Wooded Lot

HOA Fees

  • $227 Monthly HOA Fees

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Ranch Style House
  • Shingle Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Built-in Bookshelves
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Screened Porch
  • Home Security System

Kitchen

  • Built-In Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Covered Deck
  • Patio
  • Fire Pit

Schools

  • Scales Mound Elementary And Middle School
  • Scales Mound High School

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Water Filtration System
  • Gas Water Heater
  • Water Softener
  • Fuel Tank

Community Details

Overview

  • Association fees include sewer, pool access, clubhouse, garbage
  • The community has rules related to covenants

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,683

Year Built

Built in 1994

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Interior Amenities: Audio/Video, Bar-Wet, Book Cases Built In, Ceiling Fans/Remotes, Countertop-Granite, Hot Tub Indoor, Security System, Walk-In Closet, Water Filteration System, Whirlpool Tub, Window Treatments
  • Road Frontage: City/Town
  • Type: Water Front Lot, Water View Lot, Wooded, Country View, Covenants, Equestrian, Lake View, Panorama, Restrictions
  • Electric: Circuit Breaker
  • Additional Room 10: BKF Nook, Dimensions: 20'x9'5, On Level: Main
  • Additional Room 5: Bedroom 5, Dimensions: 21'11x13'2, On Level: Lower
  • Additional Room 6: Bedroom 6, Dimensions: 21'9x13'9, On Level: Lower
  • Additional Room 7: Laundry, Dimensions: 8'4x8'1, On Level: Main
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Wall Oven, Washer, Water Softener, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 4768
  • Estimated Below Grade Finished Sq Ft: 3894
  • Fee Includes: Sewer, Pool Access, Clubhouse, Garbage
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, Great Room, Hot Tub or Sauna, Laundry 1st Floor, L.L. Finished Space, Main Floor Primary, Patio, Security System, Skylight(s), Deck-Covered, Dog-Run/Invisible Fence, Fire-Pit/Fireplace, Laundry Basement, Patio-Brick Paver, Porch 3 Season, Porch Covered, Porch Enclosed, Porch Screened, Fenced Yard
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: THE GALENA TERRITORY EAGLE RIDGE UNIT 32 LOTS 3 & 4
  • Lot Acreage: 1.4
  • Lvt Date: 12/06/2024
  • Number of Lower Level Full Bathrooms: 3
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 2
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_9245
  • Egress: Yes
  • Elementary School: Scales Mound
  • Estimated Total Finished Sq Ft: 8662
  • Garage Type Driveway: Asphalt, Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: No
  • Licensed Unit Number: 892
  • Pertinent Facts: REDUCED! Welcome Home to Raven Oaks on Lake Galena! This magnificent 6-bedroom 7 bath lakefront home located at The Galena Territory in picturesque Jo Daviess Count offers a private 8600 sq. feet of opulent splendor situated on 1.4 acres and is bounded on two sides by green space. This income generating family home boasts 25-foot vaulted wood ceilings with timber peg post construction. The sunken great room features a four-sided open gas fireplace, private wet bar with refrigerator and icemaker, and 4 sets of patio doors leading to the tremendous secluded deck with breathtaking panoramic views. The gourmet kitchen has granite countertops, a spacious island that seats 6, gas stovetop, double wall oven, 2 pantries, and an abundance of custom cabinetry. The formal dining room has an elegant custom built-in buffet/coffee and breakfast bar. There is an adjacent breakfast nook that seats 8 which leads to the beautiful screened-in porch with stone pillar accents and completed with a wet-bar. The primary suite has 2 private decks, sitting area with gas fireplace, built-in book shelves and coffee bar. The grand en-suite features a whirlpool tub, his & her walk-in closets, and a double sink vanity. The main floor also includes a fantastic guest room suite with its own private deck and bath, 2 powder rooms, and main floor laundry. The walk-out lower level includes a variety of 4 bedrooms, of which two are suites and two share a spacious bath. King beds, queen beds, a baby bed, and a queen Murphy bed fill these rooms with walk-in closets and patio doors to access both private decks and the beautiful stone patio. A separate media/theatre room that seats 12, has an Alexa capable 130” projector screen, a billiard room with patio doors to the stone patio, gaming room with TV and play station, kiddos room with pinball machines and various games, and last but not least, a hot tub room with a private shower complete this fantastic floor. The mechanicals include 3 furnaces, 3 gas water heaters, Culligan water conditioning system, a lower-level laundry area, and 400-amp electrical service. While staying at this exceptionally unique home, enjoy all the amenities The Galena Territory has to offer. Fishing, golfing at 4 championship courses, walking trails, and an owner’s club that features indoor and outdoor pools, exercise facilities, and magnificent views from every window. This property is currently listed as a vacation rental property, and has been approved and licensed by the Jo Daviess County Guest Accommodations.
  • Rental License: Yes
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 4768
  • L O1 Brokerage Number: 478012972
  • L O2 Brokerage Number: 478012972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Basement Type: Full
  • Master Bedroom: Dimensions: 32'8x20'3, On Level: Main
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Full Exposure, Finished
  • Bedroom 2: Dimensions: 29'5x13'7, On Level: Main
  • Bedroom 3: Dimensions: 18'7x13'7, On Level: Lower
  • Bedroom 4: Dimensions: 14'7x25'9, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 22'10x15'8
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Kitchen: Dimensions: 25'6x15'7, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 35'11x25'6
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 183.56
  • Recreation Room: Yes, On Level: Lower, Dimensions: 22'11x10'4
  • Total Bathrooms: 5.5
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 3.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Zoned, Propane
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 2720

Schools

  • School District: Scales Mound
  • Elementary School: Scales Mound
  • Middle School: Scales Mound
  • High School: Scales Mound

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2023
  • Taxes: 29683

MLS Schools

  • HighSchool: Scales Mound
  • School District: Scales Mound
  • Middle School: Scales Mound

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 $29,462 $583,628 $110,222 $473,406
2023 $29,462 $510,075 $96,331 $413,744
2022 $29,462 $380,653 $71,889 $308,764
2021 $24,170 $353,012 $66,669 $286,343
2020 $23,928 $353,110 $66,989 $286,121
2019 $23,461 $347,207 $65,869 $281,338
2018 $23,306 $351,460 $66,676 $284,784
2017 $23,144 $351,460 $66,676 $284,784
2016 $22,827 $351,651 $66,719 $284,932
2015 $21,949 $342,557 $66,719 $275,838
2014 $22,469 $365,299 $71,148 $294,151
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Price Changed $1,590,000 -9.1% $184 / Sq Ft
12/05/2024 12/05/24 For Sale $1,750,000 +84.2% $202 / Sq Ft
10/15/2020 10/15/20 Sold $950,000 -13.6% $115 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
07/24/2019 07/24/19 For Sale $1,099,000 -- $133 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Deed History

Date Type Sale Price Title Company
Grant Deed $427,500 Security First Title
Source: Public Records

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