$1,255,623 - $1,286,000
RENTED AUG 19, 2025

58 Watergate Dr South Barrington, IL 60010

4 Beds
4 Baths
4,533 Sq Ft
$280 Price per Sq Ft

Last Sold August 11, 2025

Last sale price $1,230,000 $271 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,639/month

Highlights

  • Lake Front
  • Fireplace in Primary Bedroom
  • Recreation Room
  • Barbara B. Rose Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of August 2025

Rare rental opportunity! Magnificent 1.3+ acre waterfront property in The Coves of South Barrington. Situated adjacent to a peninsula, enjoy your own private beachfront to accommodate your boats and water sports equipment. Resort style living with boating, swimming and fishing from your back yard. Relax and dine, taking in the water views, from your huge deck or patio from the walk-out lower level. Spectacular views from the amazing, uniquely designed approx. 4500 sq. ft. home with 4 bedrooms, and 4 full bathrooms. The gourmet kitchen with high end appliances and ample storage space. The beautiful, spacious, full walk-out basement with wet bar is ideal for entertaining! The main floor has a bedroom, with that gorgeous view, adjacent to a full bath. Hardwood, terra cotta and parquet floors, stunning stone and soaring beamed ceiling features, and unique circular traffic patterns. The second floor master suite not only has a full bath and walk-in closet, but also an adjacent sitting room with jacuzzi and water views. Access to acclaimed District 220 Barrington schools, close proximity to shopping, restaurants, entertainment, Metra train and expressways are there for you when you choose to leave your private waterfront oasis. CREDIT AND BACKGROUND CHECKS REQUIRED. SEE BROKER'S NOTES FOR DETAILS. TENANT RESPONSIBLE FOR UTILITY EXPENSES.

Last Agent to Rent the Property

Dean Tubekis

Coldwell Banker Realty License #475137834 Listed on: 08/14/2025

Coldwell Banker Realty

Co-Listed By

Peter Perisin

Coldwell Banker Realty License #471005957

Last Renter's Agent

Inactive Inactive

Baird & Warner Fox Valley - Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,328

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 137.4x287.8x75.2x198.6x41.5x245.9x58.3
  • Lake Front

Parking

  • 3 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,533 Sq Ft Home
  • Bar
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor

Flooring

  • Wood
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Barbara B Rose Elementary School
  • Barrington Middle School - Stati
  • Barrington High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • The Coves Subdivision

Listing and Financial Details

  • Security Deposit $4,995
  • Property Available on 8/13/25

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,328

Year Built

Built in 1975

Lot Details

0

Parking

3

Rental Info

  • Available Date: 2025-08-13
  • Board Approval: No
  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Rental Price: 4995
  • Security Deposit: 4995
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report
  • Max Pet Weight: 99

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Attached: No
  • Subdivision Name: The Coves
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Trash Compactor, Wine Refrigerator, Range Hood
  • Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1316
  • Fireplaces: 3
  • Flooring: Hardwood
  • Furnished: No
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Separate Dining Room
  • LivingArea: 4533
  • Room Type: Breakfast Room, Sitting Room, Recreation Room, Storage, Walk In Closet, Foyer
  • Estimated Total Finished Sq Ft: 4533
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3217
  • Basement Sq Ft: 1316
  • Fireplace Location: Family Room,Master Bedroom,Basement
  • Total Sq Ft: 4533
  • Upper Level Sq Ft: 1516
  • Main Level Sq Ft: 1701
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Cedar
  • ExteriorFeatures: Balcony, Other
  • Foundation Details: Concrete Perimeter
  • List Price: 4995
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, Garage Door Opener, Heated Garage, Garage, On Site, Attached
  • ParkingTotal: 3

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Natural Gas, Baseboard
  • Laundry Features: In Unit, Sink
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Rent Includes: None
  • Management: Self-Management

Schools

  • Elementary School: Barbara B Rose Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School - Stati
  • Middle/Junior School District: 220

Lot Info

  • Lot Dimensions: 137.4X287.8X75.2X198.6X41.5X245.9X58.3
  • Rural (Y/N): N

Multi Family

  • Units in Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2025
Closed on
Jul 22, 2025
Sold by
Burton Karen A
Bought by
Lotus Estate Revocable Trust
Seller's Agent
Dean Tubekis
Coldwell Banker Realty
Buyer's Agent
Inactive Inactive
Baird & Warner Fox Valley - Geneva
Sold Price
$4,995
Views
19
Current Estimated Value
$1,267,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,262,661
Avg. Annual Appreciation
39.80%

Purchase Details

Closed on
Jul 29, 2020
Sold by
Luby Kathleen A
Bought by
Luby Kathleen A and Declaration Of Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lotus Estate Revocable Trust $1,230,000 None Listed On Document
Luby Kathleen A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luby Thomas M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Rented $4,995 0.0% --
08/14/2025 08/14/25 For Rent $4,995 0.0% --
08/11/2025 08/11/25 Sold $1,230,000 -5.3% $271 / Sq Ft
06/19/2025 06/19/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $1,299,000 -- $287 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $11,328 $55,951 $17,595 $38,356
2023 $10,971 $55,951 $17,595 $38,356
2022 $10,971 $55,951 $17,595 $38,356
2021 $11,649 $52,819 $11,729 $41,090
2020 $11,377 $52,819 $11,729 $41,090
2019 $11,113 $58,688 $11,729 $46,959
2018 $12,999 $66,562 $10,263 $56,299
2017 $12,818 $66,562 $10,263 $56,299
2016 $13,298 $66,562 $10,263 $56,299
2015 $11,974 $55,431 $8,797 $46,634
2014 $10,960 $55,431 $8,797 $46,634
2013 $10,448 $55,431 $8,797 $46,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12445604

Midwest Real Estate Data (MRED)

APN: 01-27-203-011-0000