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  • $2,500,000

    351 Wallace Rd, Lake Forest, IL 60045

    5beds
    5,752sqft
    : 
    $18,137/mo
    Get pre-qualified
    Single Family Residence
    Built in 1996
    1.36 Acres Lot
    $-- Zestimate®
    $435/sqft
    $27/mo HOA

    What's special

    New fireplace surroundStylish wet barBrick georgianFour generously sized bedroomsLandscaped front entranceLawn irrigation systemLuxurious primary suite
    Move right into this exceptional brick Georgian, where timeless architecture meets extensive updates, an outstanding floor plan, and gracious living in a coveted neighborhood. Featuring a new Brava roof (2025) and a beautifully updated gourmet kitchen (2026), this home combines classic elegance with modern amenities, versatile living spaces, and exceptional privacy. A gorgeous landscaped front entrance by Chalet (2025), accented by a bluestone walkway, welcomes you to the grand foyer with its elegant bridal staircase. The gracious living room features a new fireplace surround, while the inviting library/lounge offers a private retreat for work or relaxation. The dining room is ideal for intimate family dinners and larger gatherings, with a butler's pantry providing additional cabinetry and convenient access to the stunning kitchen. Designed for everyday living and effortless entertaining, the newly renovated kitchen features top-of-the-line appliances, quartzite countertops and backsplash, an oversized island with breakfast bar, and a walk-in pantry. The adjoining breakfast area and planning desk provide both convenience and functionality, while French doors open to the expansive, beautifully landscaped backyard set on over 1.3 acres and large bluestone patio. The exceptional private grounds feature a tranquil water feature and charming pergola, creating a serene outdoor retreat. The kitchen flows seamlessly into the spectacular vaulted-ceiling family room, complete with a stylish wet bar (2021) and expansive windows overlooking the private, fenced backyard. A first-floor bedroom and full bath offers flexibility as a guest retreat or private office. A spacious laundry room and mudroom complete the first floor. The second floor features four generously sized bedrooms and well-appointed baths, including a luxurious primary suite. This peaceful retreat offers a generous walk-in closet, spa-inspired bath with tub, separate shower and private water closet, and a private balcony overlooking the beautifully landscaped grounds. The back staircase leads to an expansive recreation or bonus room with endless possibilities, complemented by a separate office/craft room or homework area. The finished lower level further expands the living space with a large recreation room, exercise room, full bathroom, tons of storage, and private office or optional sixth bedroom. Additional highlights include beautiful hardwood floors throughout, with the second-floor flooring and staircase refinished (2021), a four-car garage with epoxy flooring, generator, and lawn irrigation system. Enjoy a peaceful setting just moments from shopping, schools, Open Lands walking paths, and everyday amenities. A truly extraordinary home in an outstanding neighborhood!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Amory Weninger 847-295-0700,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12784757MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom 5, Foyer, Breakfast Room, Library, Bonus Room, Office, Workshop, Recreation Room, Game Room, Exercise Room
      Primary bedroom
      • Features: Flooring (Hardwood), Bathroom (Full)
      • Level: Second
      • Area: 345 Square Feet
      • Dimensions: 15X23
      Bedroom 2
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 240 Square Feet
      • Dimensions: 15X16
      Bedroom 3
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 196 Square Feet
      • Dimensions: 14X14
      Bedroom 4
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 196 Square Feet
      • Dimensions: 14X14
      Bedroom 5
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13X14
      Bonus room
      • Features: Flooring (Carpet)
      • Level: Second
      • Area: 513 Square Feet
      • Dimensions: 19X27
      Breakfast room
      • Level: Main
      • Area: 240 Square Feet
      • Dimensions: 12X20
      Dining room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 270 Square Feet
      • Dimensions: 15X18
      Exercise room
      • Features: Flooring (Luxury Vinyl)
      • Level: Basement
      • Area: 725 Square Feet
      • Dimensions: 25X29
      Family room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 486 Square Feet
      • Dimensions: 18X27
      Foyer
      • Level: Main
      • Area: 225 Square Feet
      • Dimensions: 15X15
      Game room
      • Features: Flooring (Luxury Vinyl)
      • Level: Basement
      • Area: 725 Square Feet
      • Dimensions: 25X29
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in), Flooring (Hardwood)
      • Level: Main
      • Area: 210 Square Feet
      • Dimensions: 15X14
      Laundry
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 13X15
      Library
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 240 Square Feet
      • Dimensions: 15X16
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 360 Square Feet
      • Dimensions: 15X24
      Office
      • Features: Flooring (Hardwood)
      • Level: Second
      • Area: 192 Square Feet
      • Dimensions: 12X16
      Recreation room
      • Features: Flooring (Luxury Vinyl)
      • Level: Basement
      • Area: 806 Square Feet
      • Dimensions: 26X31
      Other
      • Level: Basement
      • Area: 196 Square Feet
      • Dimensions: 14X14
      Heating
      • Natural Gas, Forced Air, Radiant Floor
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Cooktop, Humidifier, Multiple Water Heaters
      • Laundry: Main Level, Laundry Chute, Sink
      Features
      • Cathedral Ceiling(s), Dry Bar, Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
      • Flooring: Hardwood
      • Windows: Screens
      • Basement: Finished,Rec/Family Area,Full
      • Number of fireplaces: 2
      • Fireplace features: Gas Starter, Family Room, Living Room
      Interior area
      • Total structure area: 2,828
      • Total interior livable area: 5,752 sqft
      • Finished area below ground: 2,121
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Brick Driveway, Circular Driveway, Garage Door Opener, Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 2
      • Patio & porch: Deck, Patio
      • Fencing: Fenced
      • Has view: Yes
      Lot
      • Size: 1.36 Acres
      • Dimensions: 192.8 X 407 X 84.7 X 392.9
      • Features: Nature Preserve Adjacent, Landscaped, Wooded, Mature Trees, Views
      Details
      • Additional structures: Pergola
      • Parcel number: 16062030120000
      • Special conditions: List Broker Must Accompany
      • Other equipment: TV-Cable, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Georgian
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1996
      Details
      • Builder model: GEORGIAN

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Lake Michigan, Public

      Community & HOA

      Community
      • Features: Sidewalks, Street Lights, Street Paved
      • Security: Security System, Carbon Monoxide Detector(s)
      • Subdivision: North Carrol Meadows
      HOA
      • Has HOA: Yes
      • Services included: None
      • HOA fee: $325 annually
      Location
      • Region: Lake Forest

      Financial & listing details

      • Price per square foot: $435/sqft
      • Tax assessed value: $1,590,198
      • Annual tax amount: $33,684
      • Date on market: 10/17/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/14/2021Sold$1,470,000-13.5%$256/sqft
        Source: MRED as distributed by MLS GRID #11021768 Report a problem
        1/19/2021Listing removed--
        Source: MRED as distributed by MLS GRID Report a problem
        9/14/2020Price change$1,699,500-8.1%$295/sqft
        Source: Coldwell Banker Realty #10769224 Report a problem
        7/3/2020Listed for sale$1,850,000+29.7%$322/sqft
        Source: Coldwell Banker Realty #10769224 Report a problem
        3/31/1997Sold$1,426,000+231.6%$248/sqft
        Source: Public Record Report a problem
        9/14/1995Sold$430,000$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$31,048 -0.9%$594,563 +12.2%
        2023$31,327 +7.7%$530,013 +4.2%
        2022$29,099 +6.9%$508,650 +3.7%
        2021$27,219 +2.6%$490,630 +3.5%
        2020$26,518 +3.4%$474,030 +0.2%
        2019$25,644 +0.1%$473,225 -6.5%
        2018$25,618 $506,231 +0.3%
        2017$25,618 -4.9%$504,616 -5.5%
        2016$26,944 +2.1%$533,994 +6.4%
        2015$26,384 +1.8%$501,732 +3.7%
        2014$25,912 +0.4%$483,636 -2.2%
        2012$25,820 +4.3%$494,535 -6.8%
        2011$24,763 -10.1%$530,599 -16.8%
        2010$27,561 +3.2%$637,851 -5.6%
        2009$26,713 +1.6%$675,833 -2.2%
        2008$26,297 +7%$691,389 +2.8%
        2006$24,577 +7.6%$672,623
        2005$22,843 +3.4%--
        2004$22,099 +102%--
        2003$10,942 -52.9%--
        2002$23,236 +111.1%--
        2001$11,008 -48.8%$481,192 +6.4%
        2000$21,509 $452,281
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 60045

        Getting around

        6 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Everett Elementary School
        • Middle: Deer Path Middle School
        • High: Lake Forest High School
        • District: 67

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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