$5,000,000
SOLD DEC 17, 2024

663 Circle Ln Lake Forest, IL 60045

7 Beds
10 Baths
10,616 Sq Ft
2.43 Acres

Recently Sold

$471 Per Sq Ft

17% Below List Price

20 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • 2.43 Acre Lot
  • Cherokee Elementary School Rated A
  • Sauna
  • Landscaped Professionally

About This Home

As of December 2024

Nestled on a sprawling 2.48-acre lakefront property within the historic McCormick/Rockefeller Villa Sul Lago estate, this remarkable residence offers timeless elegance and unparalleled amenities. The meticulously landscaped grounds feature the original, restored tea house, affectionately known as the "Sound of Music" Gazebo, along with a charming pool house that feels like a private retreat, complete with a studio-style great room, renovated kitchen, pool, and Jacuzzi. The main home is a grand, custom-built brick Georgian masterpiece with 7 bedrooms and 7.3 bathrooms. Upon entry, guests are greeted by a breathtaking double bridal staircase and an arched entrance leading into a grand great room, anchored by an elegant paneled office and a newly expanded chef's kitchen and breakfast area-all with stunning eastern views of the estate and lake. Flanking the foyer are formal living and dining rooms connected by a spectacular arched gallery hallway. The second floor boasts an exquisite master suite with a newly remodeled spa-like bathroom, walk-in closet, sauna, expansive glass shower, and a Jacuzzi. Five additional bedroom suites, a convenient laundry room, and a cozy family room complete the upper level. The newly finished walkout English basement is designed for relaxation and entertainment, featuring a spacious family/recreation/exercise room, a card room with a bar and wine cooler, and ample storage. With two double garages (four indoor spaces total), a first-floor guest suite, and breathtaking lake views, this exceptional estate is ready to become your haven for spectacular sunrise views each morning.

Last Agent to Sell the Property

Marlene Rubenstein

Baird & Warner License #471011890 Listed on: 12/03/2024

Baird & Warner

Co-Listed By

Laura Kerstein

Baird & Warner License #475164559

Last Buyer's Agent

Bane Simic

Pivot Properties Inc License #471016569

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,001

Year Built

  • Built in 1983

Lot Details

  • 2.43 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Georgian Architecture
  • Shake Roof
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 10,616 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 7 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Sauna
  • Water Views
  • Unfinished Attic

Kitchen

  • Double Oven
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tideland Water Rights
  • Balcony
  • Brick Porch or Patio
  • Shed

Schools

  • Cherokee Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 400 Amp
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Villa Turicum Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,001

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Villa Turicum
  • Year Built: 1983
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Trash Compactor, Wine Refrigerator
  • Basement: Partial, Walkout
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bathrooms: 10
  • Total Bedrooms: 7
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 7
  • Interior Amenities: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Hardwood Floors, First Floor Bedroom, First Floor Laundry, Second Floor Laundry
  • LivingArea: 10616
  • Other Equipment: Humidifier, TV-Cable, Sump Pump
  • Room Type: Den, Bedroom 5, Bedroom 6, Bedroom 7, Breakfast Room, Library, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Other
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Hot Tub, Brick Paver Patio, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Fenced Yard, Lake Front, Landscaped, Water Rights, Water View
  • OtherStructures: Shed(s)
  • Roof: Tile, Shake
  • Waterfront: Yes
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Driveway: Brick,Circular
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 400 Amp or Greater
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.4324
  • Lot Dimensions: 105955
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 83001
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Dec 17, 2024
Sold by
Robert J Bobb Revocable Trust and Darlene Bobb Revocable Trust
Bought by
Trust Number 17038 and Parkway Bank And Trust
Seller's Agent
Marlene Rubenstein
Baird & Warner
Buyer's Agent
Bane Simic
Pivot Properties Inc
List Price
$5,999,999
Sold Price
$5,000,000
Premium/Discount to List
-$999,999
-16.67%
Views
18
Current Estimated Value
$5,600,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,291
Avg. Annual Appreciation
14.09%

Purchase Details

Listed on
Jun 10, 2020
Closed on
Oct 19, 2020
Sold by
Losacco Eva
Bought by
Bobb Robert J and Bobb Darlene
Seller's Agent
Marlene Rubenstein
Baird & Warner
Buyer's Agent
Marlene Rubenstein
Baird & Warner
List Price
$3,699,000
Sold Price
$3,699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$2,589,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2018
Sold by
Losacco Eva and Losacco Eva T
Bought by
Losacco Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2014
Sold by
Losacco Michael
Bought by
Michael L Losacco Irrevocable Family Tr

Purchase Details

Closed on
Dec 2, 2002
Sold by
Bhutani Neelem
Bought by
Losacco Michael and Losacco Eva

Purchase Details

Closed on
Nov 26, 2002
Sold by
Bhutani Baldev Raj and Bhutani Neelem
Bought by
Losacco Michael and Losacco Eva
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 Type Sale Price Title Company
Quit Claim Deed $5,000,000 None Listed On Document
Quit Claim Deed $5,000,000 None Listed On Document
Warranty Deed $3,699,000 Chicago Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $5,500,000 Ct
Legal Action Court Order -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,589,300 New Conventional
Previous Owner $1,435,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2024 12/17/24 Sold $5,000,000 -16.7% $471 / Sq Ft
11/21/2024 11/21/24 For Sale $5,999,999 +62.2% $565 / Sq Ft
10/22/2020 10/22/20 Sold $3,699,000 +1749.5% $348 / Sq Ft View Prior Sale
08/29/2020 08/29/20 Pending -- -- --
07/01/2020 07/01/20 Rented $200,000 -94.6% --
06/16/2020 06/16/20 Under Contract -- -- --
06/10/2020 06/10/20 For Sale $3,699,000 0.0% $348 / Sq Ft
06/09/2020 06/09/20 For Rent $15,000 -- --
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 $122,749 $2,181,210 $1,187,698 $993,512
2023 $83,001 $1,966,117 $1,070,577 $895,540
2022 $83,001 $1,385,331 $1,176,088 $209,243
2021 $78,741 $1,339,131 $1,136,866 $202,265
2020 $76,552 $1,339,131 $1,136,866 $202,265
2019 $73,774 $1,332,867 $1,131,548 $201,319
2018 $78,686 $1,510,393 $715,857 $794,536
2017 $77,803 $1,501,683 $711,729 $789,954
2016 $74,681 $1,429,630 $677,579 $752,051
2015 $72,942 $1,328,282 $629,545 $698,737
2014 $88,189 $1,612,772 $918,074 $694,698
2012 $84,997 $1,622,181 $923,430 $698,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12203665

Midwest Real Estate Data (MRED)

APN: 16-03-402-014