NOT LISTED FOR SALE

500 Arden Shore Rd Lake Bluff, IL 60044

25 Acres
-- Price per Acre
1,089,000 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $6,050,000

59 Days on Market

About This Lot

As of December 2020

In a time of "Social Distancing", this 25 acre vacant property on Lake Michigan redefines "Luxury". It's simply extraordinary: once it's gone, there will never be another like it. This 25+-? acre lakefront property -- with approximately 400' frontage on the shores of Lake Michigan and amazing skyline views of the City of Chicago -- offers the rare opportunity to create one or two spectacular lakefront homes, a family compound, or perhaps an equestrian estate on the lake. Wind thru towering trees, virgin forest and meadow to reach a spectacular clearing for your new homesite(s). A gentle, newly-restored bluff leads to the protected shoreline, with possibilities galore to create lakeside decks for entertaining and easy waterfront access. On a clear day, the view of the Chicago skyline is spectacular. Settle here, amidst the historic estates of prominent captains of industry. Property adjoins Shore Acres Country Club, with sweeping golf course views on the west & north. The current Country Estate Zoning, 4-1/2 acre minimum, allows for subdivision.

Last Agent to Sell the Property

Deborah Fischer

Berkshire Hathaway HomeServices Chicago License #475148419 Listed on: 06/15/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Alissa McNicholas

Compass License #475134192

Compass

Property Details

Property Type

  • Land

Lot Details

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Estate, Residential-Single Family
  • Potential Use: Estate, Planned Unit Development, Residential-Estate, Residential-Single Family
  • Total Listed Lots Avail: 3PIN
  • Utilities To Site: Electric Nearby, Gas Nearby
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Beach, Irregular, Pond/Lake
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 25.0-99.99 Acres
  • Waterfront: Yes
  • Acreage: 25
  • Frontage Access: Private Road
  • Front Footage: 851

Schools

  • School District: 115
  • Elementary School: Lake Bluff Elementary School
  • Middle School: Lake Bluff Middle School
  • High School: Lake Forest High School
  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 851X1898X207+400X1916
  • Parcel Identification Number: 12161010070000

Tax Info

  • Taxes: 70465.25

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $6,050,000 -10.9% --
08/13/2020 08/13/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $6,790,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10748300

Midwest Real Estate Data (MRED)