Estimated payment $5,064/month
Highlights
- Community Boat Dock
- Boat Slip
- River Front
- Cary-Grove High School Rated A
- Second Kitchen
- Second Garage
About This Home
Rare opportunity to own a beautifully updated historic waterfront home on a rare double lot along the lower river. Originally built in the early 1940s, 705 Spring Beach Way is one of the first homes on the street and has been thoughtfully elevated and extensively renovated between 2022-2024 to offer the perfect blend of character and modern convenience. The home features nearly 100 feet of river frontage on a generous double lot and a completely reimagined interior filled with natural light. Expansive new windows throughout flood the home with sunlight, creating a bright, airy feel and showcasing stunning river views from multiple vantage points. The open-concept kitchen is the centerpiece, featuring a full gut renovation with Thor appliances and an impressive 16-foot island-ideal for both everyday living and entertaining. Additional highlights include three fully updated bathrooms, 9-foot ceilings, wood flooring, and elevated design finishes throughout. Major mechanical and system updates provide peace of mind, including a new roof, HVAC system, A/C unit, water heater, well pump, radon mitigation system, reverse osmosis system with annual maintenance, and a chlorine filtration system. The attic has also been insulated for improved efficiency. Outdoor living is equally impressive with a new deck, covered porch, refreshed pier decking, and a powered boat lift, offering added convenience for enjoying the river. Additional features include a 4-car garage, custom closet installations, invisible fence, and recent interior painting. TONS of major UPDATES. Enjoy scenic river views, nearby parks, and convenient access to Downtown Cary, Metra, shopping, dining, and highly regarded schools. Take in front-row views of Fourth of July fireworks and enjoy close proximity to the Norge Ski Club, adding to the unique lifestyle this exceptional waterfront property offers.
Listing Agent
@properties Christies International Real Estate License #475165206 Listed on: 03/25/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,524
Year Built
- Built in 1943 | Remodeled in 2023
Lot Details
- 36,656 Sq Ft Lot
- Lot Dimensions are 116x278x101x278
- River Front
- Paved or Partially Paved Lot
- Mature Trees
HOA Fees
- $29 Monthly HOA Fees
Parking
- 4 Car Detached Garage
- Second Garage
- Parking Available
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Roof
- Aluminum Siding
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,465 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Entrance Foyer
- Family Room Downstairs
- Living Room with Fireplace
- Sitting Room
- Formal Dining Room
- Recreation Room
- Heated Sun or Florida Room
- Screened Porch
- Wood Flooring
- Water Views
- Unfinished Attic
- Second Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
- Separate Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Recreation or Family Area in Basement
- Finished Basement Bathroom
Outdoor Features
- Tideland Water Rights
- Boat Slip
- Docks
- Deck
- Fire Pit
Location
- Property is near park
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Septic Tank
Community Details
Overview
- Association fees include lake rights
Recreation
- Community Boat Dock
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,524 | $165,750 | $54,595 | $111,155 |
| 2023 | $10,611 | $139,637 | $48,828 | $90,809 |
| 2022 | $11,317 | $138,320 | $77,303 | $61,017 |
| 2021 | $13,852 | $164,694 | $72,017 | $92,677 |
| 2020 | $4,449 | $158,864 | $69,468 | $89,396 |
| 2019 | $12,119 | $152,052 | $66,489 | $85,563 |
| 2018 | $11,570 | $140,464 | $61,422 | $79,042 |
| 2017 | $5,095 | $132,326 | $57,863 | $74,463 |
| 2016 | $5,431 | $124,110 | $54,270 | $69,840 |
| 2013 | -- | $95,337 | $50,626 | $44,711 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | Price Changed | $774,000 | -3.2% | $314 / Sq Ft | |
| 03/25/2026 03/25/26 | For Sale | $799,900 | +9.6% | $325 / Sq Ft | |
| 04/26/2024 04/26/24 | Sold | $730,000 | -2.7% | $296 / Sq Ft | View Prior Sale |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- | |
| 03/20/2024 03/20/24 | For Sale | $750,000 | +80.7% | $304 / Sq Ft | |
| 04/22/2022 04/22/22 | Sold | $415,000 | -17.0% | $168 / Sq Ft | View Prior Sale |
| 03/26/2022 03/26/22 | For Sale | $499,900 | 0.0% | $203 / Sq Ft | |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- | |
| 01/26/2022 01/26/22 | For Sale | $499,900 | -- | $203 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $730,000 | First American Title | |
| Deed | $415,000 | Wagner James C | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | New Conventional | |
| Previous Owner | $373,500 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12599951
APN: 20-17-177-038
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Ask me questions while you tour the home.