North Shore Views
This year’s top ten highest priced North Shore home sales ranged in price from $3,800,000 to $7,500,000. If you are looking for a luxury home, you may be able to find a (relative) bargain right now. The median selling price of $4,540,000 represented a 25% discount from the median price of $6,020,000 for the top ten homes sold back in 2006.
While Lake Forest had the highest number of upper bracket sales in 2011, Glencoe was the winner in 2012, with four top ten homes. Two of the top ten were in Winnetka, two were in Lake Forest and one each was in Highland Park and Evanston. Last year four of the top ten upper bracket sales were lakefront properties. This year eight of the homes were on the lake.
Looking for luxury property for sale? You can search currently listed upper bracket homes here.
#10. 581 Ingleside Park, Evanston - $3,800,000
This lakefront property has beautiful gardens, courtyard and terrace plus 180 feet of lake frontage. There are two master suites and three other family bedrooms. A one bedroom, one bath guest suite is above the garage. Orginally listed for $4,400,000, it sold
for 86% of list price.
#9. 955 Lake Rd., Lake Forest – $4,100,000
The architecturally significant Italian Villa on the Lake was designed by David Adler and situated on 2.8 acres of beachfront .The gardens are spectacular. The Interior is simple & concise, reflecting Adler’s symmetry.
#8. 17 Indian Hill Rd., Winnetka – $4,400,000
Built in 1928, this thirteen room home on two acres overlooking the Indian Hill golf course has been expanded and renovated. It has six bedrooms, five full and four half baths, grand formal rooms, nine fireplaces, an indoor basketball court and a coach house. Ooriginally listed for $4,995,000 it sold for 88% of list price.
#7. 515 Longwood Rd., Glencoe – $4,500,000
This property was purchased for the land, and the house will be torn down and replaced by new construction. It is situated on over an acre of beautiful lakefront property with a large beach. It sold for full asking price in under a month, reflecting the scarcity of buidable lots on the lakefront.
#6. 65 Vine, Highland Park – $4,500,000
This fourteen room contemporary home sits on two and a half acres of lakefront property with beautiful views of Lake Michigan, as well as a private beach and pool. Originally listed for $5,395,000, it sold for 83% of list price.
#5. 77 Wentworth Ave., Glencoe – $4,585,000
Over 100 years old, this historic Georgian mansion has been restored for today’s lifestyle. Situated on 1.5 acres it has nine bedrooms, pool and tiered decks overlooking the lake. An electric lift takes you down to 240 feet of beachfront and a boathouse.
#4. 521 Longwood Rd., Glencoe – $4,700,000
This lakefront property has expansive table land and a beautiful beach. Like the property at 515 Longwood, this house will be torn down and replaced by new construction. It sold in one day for 99% of list price.
#3. 780 Lake Rd., Lake Forest – $4,850,000
While this is not a waterfront property, it does have views of Lake Michigan. Built in 1963, the home is over 7000 square feet situated on an acre and a half of beautifully landscaped property.
#2. 619 Sheridan Ave., Winnetka – $4,900,000
My personal favorite, this Nantucket style home was designed to take full advantage of Lake Michigan views.
#1. 70 Harbor, Glencoe – $7,500,000
This 8500 square foot home on a 1.1 acre lot was built in 2007 with all the bells and whistles: gated entry, lavish landscaping, elevator to private beach, lap pool, two kitchens and extensive security system. Originally listed for $7,875,000 it ultimately sold for 95% of list price.
If you’d like to see what upper bracket homes are currently available on the North Shore, you can search here. Or give us a call at 847-881-6657 and let us know what you’re looking for. Often we know of homes for sale that are not listed on the MLS. If it’s out there we’ll find it for you!
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