NOT LISTED FOR SALE

720 Ardsley Rd Winnetka, IL 60093

Estimated Value: $3,983,000 - $8,521,902

6 Beds
6 Baths
17,197 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $6,760,000 $393 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $37,918/month

60 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • 1.5 Acre Lot
  • Hubbard Woods Elementary School Rated A
  • Gated Community
  • Landscaped Professionally

About This Home

As of August 2022

Welcome to 720 Ardsley Road. A rare opportunity to own an architecturally and historically significant Winnetka estate. This Stately English Tudor was built in 1937 by Arthur Nielsen, creator of the Nielsen ratings. Designed by the renowned architect Benjamin Marshall (Drake Hotel, Edgewater Beach Hotel, creation of East lake Shore Drive, South Shore Country Club (now Cultural Center), Blackstone Hotel and Theater). This majestic home is situated on 1.5 acres of beautiful rolling landscaped grounds that surround the home in a secluded enclave located on one of Winnetka's few exclusive private roads. Meticulously and lovingly restored, this manor was recently renovated with the finest materials available. Featured in Traditional Home Magazine, the home's entry is classic with moldings that follow the sweep of the grand staircase and stately scaled rooms decorated by the late interior designer Nora Marra. The living room, with an elegant fireplace and floor to ceiling windows connects to the new addition built in 2011 at the south end of the house replacing a 3 season porch with an incredible library/office space, featuring a Rumford fireplace and beams hailing from the rich wood of the 150 year old farm in Wisconsin. A formal dining room connects to the kitchen - butler's pantry, breakfast room and gallery renovated in 2019. A large family / media room with a new wet bar, great for entertaining. A newly installed house-wide sound and media based iPad system (Elan). Second floor has a gorgeous master suite with a marvelous master bath.. Five additional bedrooms and remodeled bathrooms. Third floor offers a living space, bedroom and full bath - wonderful for guests, in-law or nanny suite. Basement remodeled with rebuilt fireplace and large wine cellar. The spectacular grounds feature: a stunning pool, spa, tennis court (also pickleball outfitted), putting green, perfect space for a garden. Also, features two spacious bluestone patios for entertaining outdoors. Circular driveway with 4 car attached garage with sport court & viewing room. Centrally located in the heart of Winnetka, close to schools, trains and both the main Village and Hubbard Woods. This magnificent home is truly an opportunity, with so much architectural integrity and historical significance. Exquisite beyond compare.

Last Agent to Sell the Property

Sarah Lyons

@properties Christie's International Real Estate License #475124188 Listed on: 04/04/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Dawn McKenna

Coldwell Banker Realty License #475122904

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,226

Year Built

  • Built in 1938

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 256 x 255
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking Included in Price

Home Design

  • English Architecture
  • Brick or Stone Mason
  • Tile Roof

Interior Spaces

  • 17,197 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Dry Bar
  • Historic or Period Millwork
  • Fireplace Features Masonry
  • Center Hall Plan
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • In-Law or Guest Suite
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Patio

Location

  • Property is near a park

Schools

  • Hubbard Woods Elementary School
  • Carleton W Washburne Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Gated Community

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,226

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Gas Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Masonry, More than one
  • Fireplaces: 4
  • Interior Amenities: Bar-Dry, Bar-Wet, Hardwood Floors, In-Law Arrangement, Second Floor Laundry, Built-in Features, Bookcases, Center Hall Plan, Historic/Period Mlwk, Special Millwork, Separate Dining Room
  • LivingArea: 17197
  • Room Type: Bedroom 5, Sitting Room, Eating Area, Bedroom 6, Office, Breakfast Room, Library, Great Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement,Other,Den/Library
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Patio, Hot Tub, In Ground Pool
  • List Price: 6999999
  • Lot Features: Landscaped
  • OtherStructures: Tennis Court(s)
  • Roof: Tile
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Circular
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Gated, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hubbard Woods Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Carleton W Washburne School
  • Middle/Junior School District: 36

Lot Info

  • Lot Size Acres: 1.503
  • Lot Dimensions: 256 X 255
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 60226
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jul 28, 2022
Sold by
David Sinclair Declaration Of Trust
Bought by
Stewart M Mather 2015 Insurance Trust and Mather
Seller's Agent
Sarah Lyons
@properties Christie's International Real Estate
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$6,999,999
Sold Price
$6,760,000
Premium/Discount to List
-$239,999
-3.43%
Current Estimated Value
$5,998,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$761,033
Avg. Annual Appreciation
-3.76%
Original Mortgage
$4,394,000
Outstanding Balance
$3,740,624
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$2,258,343

Purchase Details

Closed on
Dec 7, 2012
Sold by
Sinclair David and Sinclair Whitney
Bought by
Sinclair David and David Sinclair Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
2.48%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2008
Sold by
Jannotta Edgar D and Pearsall Erika
Bought by
Sinclair David and Sinclair Whitney

Purchase Details

Closed on
Sep 22, 1998
Sold by
Nielsen Arthur C and Nielsen Phillip R
Bought by
Jannotta Edgar D and Pearsall Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.62%
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
Stewart M Mather 2015 Insurance Trust $6,760,000 Boyer Randall
Sinclair David -- None Available
Sinclair David $5,000,000 Fatic
Jannotta Edgar D $1,750,000 Chicago Title Insurance Co
Janotta Edgar D $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart M Mather 2015 Insurance Trust $4,394,000
Previous Owner Jannotta Edgar D $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $6,760,000 -3.4% $393 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $6,999,999 0.0% $407 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $6,999,999 -- $407 / 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 $74,838 $322,811 $91,659 $231,152
2023 $69,708 $322,811 $91,659 $231,152
2022 $69,708 $322,811 $91,659 $231,152
2021 $61,142 $238,922 $111,300 $127,622
2020 $60,226 $238,922 $111,300 $127,622
2019 $60,425 $262,552 $111,300 $151,252
2018 $70,133 $295,831 $91,659 $204,172
2017 $67,982 $295,831 $91,659 $204,172
2016 $71,306 $324,569 $91,659 $232,910
2015 $77,419 $317,288 $75,291 $241,997
2014 $81,282 $340,185 $75,291 $264,894
2013 $79,381 $348,318 $75,291 $273,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11286526

Midwest Real Estate Data (MRED)

APN: 05-17-312-010-0000