Seller's Agent in 2025
Matan Aharoni
Coldwell Banker Realty
(847) 668-8576
4 in this area
22 Total Sales
518 Elder Ln Winnetka, IL 60093
6
Beds
7
Baths
7,500
Sq Ft
2025
Built
Highlights
- New Construction
- Wolf Appliances
- Wood Flooring
- Greeley Elementary School Rated A
- Family Room with Fireplace
- Finished Attic
About This Home
As of December 2025Stunning new construction transitional home with approximately 7,500 square feet of meticulously finished space, the home is located on one of the most picturesque streets in East Winnetka in an unbeatable location. The home is close to town, walking distance to the beach, schools and train. This home features 6 bedrooms, 7 full baths, a show room worthy kitchen with luxury appliances including Sub-Zero refrigerators and freezers, Wolf range, drawer style microwave, spacious walk-in pantry and custom cabinetry throughout. The finished lower level includes entertainment room with fireplace and TV, full size wet bar with an island, media room, Golf Simulator and Exercise room. Spacious finished third level is a great addition in the home that can be utilized for an Au Pair/nanny or make a phenomenal additional home office/guest room. The home is pre-wired for all your audio and visual needs in addition to security and smart home systems. This home is truly an entertainers dream! The Expansive backyard is the perfect size to create your personal oasis, plenty of space for a large pool and simply the space of your dreams. Agent has ownership interest, home is ready to be shown and is in the touch up/cleaning process. Some photos are of builders previous work.
Last Agent to Sell the Property
Coldwell Banker Realty License #471021151 Listed on: 10/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,554
Year Built
- Built in 2025 | New Construction
Lot Details
- Lot Dimensions are 74x165
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,500 Sq Ft Home
- 3-Story Property
- Bar Fridge
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Formal Dining Room
- Home Office
- Wood Flooring
- Finished Attic
Kitchen
- Walk-In Pantry
- Range with Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wolf Appliances
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 7 Full Bathrooms
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Finished Basement Bathroom
Schools
- Greeley Elementary School
- Carleton W Washburne Middle School
- New Trier Twp High School Northfield/Wi
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- 400 Amp
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2025
Closed on
Dec 15, 2025
Sold by
518 Elder Lane Llc
Bought by
Michael Langdon Declaration Of Trust and Langdon
Seller's Agent
Matan Aharoni
Coldwell Banker Realty
Buyer's Agent
David Chung
Compass
List Price
$4,399,995
Sold Price
$4,200,000
Premium/Discount to List
-$199,995
-4.55%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.74%
Original Mortgage
$3,150,000
Outstanding Balance
$3,150,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$976,517
Purchase Details
Closed on
Dec 23, 2023
Sold by
Grant Douglas W and Grant Deborah T
Bought by
518 Elder Lane Llc
Purchase Details
Closed on
Jun 22, 2000
Sold by
Fritts Thomas L and Fritts Dianna S
Bought by
Grant Douglas W and Grant Deborah T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.62%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,200,000 | First American Title | |
| Warranty Deed | $1,100,000 | None Listed On Document | |
| Warranty Deed | $725,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,150,000 | New Conventional | |
| Previous Owner | $250,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | Sold | $4,200,000 | -4.5% | $560 / Sq Ft |
| 10/18/2025 10/18/25 | Pending | -- | -- | -- |
| 10/03/2025 10/03/25 | For Sale | $4,399,995 | -- | $587 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $18,554 | $32,967 | $32,967 | -- |
| 2024 | $18,554 | $86,000 | $40,293 | $45,707 |
| 2023 | $17,426 | $86,000 | $40,293 | $45,707 |
| 2022 | $17,426 | $86,000 | $40,293 | $45,707 |
| 2021 | $18,268 | $76,387 | $27,472 | $48,915 |
| 2020 | $18,716 | $76,387 | $27,472 | $48,915 |
| 2019 | $20,106 | $89,650 | $27,472 | $62,178 |
| 2018 | $15,052 | $66,187 | $23,809 | $42,378 |
| 2017 | $16,731 | $75,350 | $23,809 | $51,541 |
| 2016 | $19,044 | $88,514 | $23,809 | $64,705 |
| 2015 | $17,606 | $74,183 | $19,841 | $54,342 |
| 2014 | $18,759 | $80,487 | $19,841 | $60,646 |
| 2013 | $18,842 | $84,684 | $19,841 | $64,843 |
Source: Public Records
Agents Affiliated with this Home
-
Matan Aharoni
-
David Chung
Buyer's Agent in 2025
David Chung
Compass
(312) 399-0630
19 in this area
193 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12487218
APN: 05-21-317-017-0000
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