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  • $1,395,000

    38856 N Cedar Crest Dr, Lake Villa, IL 60046

    4beds
    5,494sqft
    : 
    $9,747/mo
    Get pre-qualified
    Single Family Residence
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $254/sqft
    $6/mo HOA

    What's special

    Floor-to-ceiling fireplaceCustom-built lakefront homeLarge islandLevel lake accessTvs with surround soundStunning panoramic viewsAdditional three-season porch
    Welcome to this custom-built lakefront home, ideally located near the desirable Petite Lake Sandbar, offering stunning panoramic views and seamless indoor-outdoor living on a 0.433-acre lot. Rare opportunity to own a lakefront home featuring a walkout lower level with level, easy access to your private pier-no steep terrain a true standout among lakefront properties. Custom-designed to capture beautiful lake views while enhancing the comfort and ease of lakefront living. The stone-accented exterior features multiple patios, a lakeside deck, and enclosed porches-ideal for entertaining and relaxing. Inside, the two-story great room showcases a floor-to-ceiling fireplace and a wall of windows overlooking the lake. The open-concept kitchen includes a large island, abundant cabinetry, and flows into the dining and living areas. Main-level primary suite features dual walk-in closets, spa-like bath with whirlpool tub and Opulent spa shower with body jets, direct laundry access, and a private three-season porch. Upstairs offers two bedrooms, full bath, and loft. The walkout lower level includes a large recreation room with fireplace, an additional three-season porch, and a fourth bedroom-perfect for guests or extended stays. Recent updates include two Trane furnaces with humidifiers (2024). This opportunity includes pier, all appliances (including additional lower-level units), TVs with surround sound, outdoor and porch Lloyd Flanders furniture, pool table, basketball game and gas grill. Opportunities like this-combining level lake access, panoramic views, and a custom designed home-are rarely available on the Chain O'Lakes, let alone Petite Lake. Schedule your private showing today and experience lakefront living at its finest.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Fales 847-395-3000,

    Re/Max Advantage

    Source: MRED as distributed by MLS GRID,MLS#: 12680836MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Deck, Enclosed Porch, Enclosed Porch Heated, Foyer, Great Room, Loft, Pantry, Recreation Room, Heated Sun Room, Utility Room-Lower Level
      Primary bedroom
      • Features: Bathroom (Full, Double Sink, Whirlpool & Sep Shwr)
      • Level: Main
      • Area: 256 Square Feet
      • Dimensions: 16X16
      Bedroom 2
      • Level: Second
      • Area: 208 Square Feet
      • Dimensions: 16X13
      Bedroom 3
      • Level: Second
      • Area: 208 Square Feet
      • Dimensions: 16X13
      Bedroom 4
      • Level: Basement
      • Area: 240 Square Feet
      • Dimensions: 16X15
      Deck
      • Level: Main
      • Area: 400 Square Feet
      • Dimensions: 25X16
      Enclosed porch
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 16X12
      Other
      • Level: Basement
      • Area: 312 Square Feet
      • Dimensions: 24X13
      Foyer
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14X14
      Great room
      • Level: Main
      • Area: 460 Square Feet
      • Dimensions: 23X20
      Other
      • Level: Basement
      • Area: 135 Square Feet
      • Dimensions: 15X9
      Kitchen
      • Level: Main
      • Area: 345 Square Feet
      • Dimensions: 23X15
      Laundry
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 12X6
      Loft
      • Level: Second
      • Area: 336 Square Feet
      • Dimensions: 21X16
      Pantry
      • Level: Main
      • Area: 20 Square Feet
      • Dimensions: 5X4
      Recreation room
      • Level: Basement
      • Area: 1519 Square Feet
      • Dimensions: 49X31
      Other
      • Level: Basement
      • Area: 330 Square Feet
      • Dimensions: 22X15
      Heating
      • Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Humidifier, Multiple Water Heaters
      • Laundry: Main Level, Electric Dryer Hookup, Sink
      Features
      • Vaulted Ceiling(s), Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Bookcases, Granite Counters
      • Flooring: Hardwood
      • Windows: Screens
      • Basement: Finished,Unfinished,Exterior Entry,9 ft + pour,Rec/Family Area,Full,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Attached Fireplace Doors/Screen, Gas Log, Family Room, Living Room
      Interior area
      • Total structure area: 5,494
      • Total interior livable area: 5,494 sqft
      • Finished area below ground: 1,626

      Property

      Parking
      • Total spaces: 2.5
      • Parking features: Concrete, Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached
      • Attached garage spaces: 2.5
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 2
      • Patio & porch: Deck, Porch, Screened, Patio
      • Exterior features: Balcony, Boat Slip, Outdoor Grill
      • Has view: Yes
      • View description: Back of Property, Side(s) of Property
      • Has water view: Yes
      • Water view: Back of Property,Side(s) of Property
      • Waterfront features: Lake Front
      Lot
      • Dimensions: 60 X 297 X 50 X 288
      • Features: Landscaped
      Details
      • Parcel number: 01362010120000
      • Special conditions: None
      • Other equipment: Water-Softener Owned, Ceiling Fan(s), Fan-Whole House, Sump Pump, Sprinkler-Lawn, Electronic Air Filters

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Cedar, Stone
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2001
      Details
      • Builder model: Custom

      Utilities & green energy

      • Electric: Circuit Breakers, 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Well

      Community & HOA

      Community
      • Features: Park, Tennis Court(s), Lake, Water Rights, Street Lights, Street Paved
      • Security: Security System, Carbon Monoxide Detector(s), Closed Circuit Camera(s)
      HOA
      • Has HOA: Yes
      • Services included: Lake Rights
      • HOA fee: $75 annually
      Location
      • Region: Lake Villa

      Financial & listing details

      • Price per square foot: $254/sqft
      • Tax assessed value: $951,545
      • Annual tax amount: $27,452
      • Date on market: 6/17/2026
      • Ownership: Fee Simple
      • Has irrigation water rights: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Listing removed$1,450,000$264/sqft
        Source: MRED as distributed by MLS GRID #12647703 Report a problem
        5/13/2026Listed for sale$1,450,000$264/sqft
        Source: MRED as distributed by MLS GRID #12647703 Report a problem
        5/13/2026Listing removed$1,450,000$264/sqft
        Source: MRED as distributed by MLS GRID #12600770 Report a problem
        3/27/2026Listed for sale$1,450,000+4.7%$264/sqft
        Source: MRED as distributed by MLS GRID #12600770 Report a problem
        11/1/2025Listing removed$1,385,000$252/sqft
        Source: MRED as distributed by MLS GRID #12466621 Report a problem
        9/11/2025Listed for sale$1,385,000+15.9%$252/sqft
        Source: MRED as distributed by MLS GRID #12466621 Report a problem
        9/29/2015Listing removed$1,195,000$218/sqft
        Source: RE/MAX Advantage Realty #08947161 Report a problem
        6/9/2015Listed for sale$1,195,000$218/sqft
        Source: RE/MAX Advantage Realty #08947161 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$27,452 +4.3%$340,207 +7.3%
        2023$26,332 -3.2%$317,150 +13.2%
        2022$27,192 +5.1%$280,218 -1%
        2021$25,876 +2%$283,007 +11.2%
        2020$25,367 -8.6%$254,472 +4.1%
        2019$27,756 +2.6%$244,567 -6.3%
        2018$27,057 $260,897 +2.7%
        2017$27,057 +0.9%$253,939 +4.2%
        2016$26,828 +1.6%$243,657 +7.1%
        2015$26,416 +4.3%$227,568 +0.4%
        2014$25,337 +8.2%$226,574 -0.5%
        2012$23,413 +5.4%$227,667 -5.5%
        2011$22,208 +6.8%$241,031 -3.4%
        2010$20,790 +4.2%$249,592 -5%
        2009$19,952 +11.4%$262,591 -16.8%
        2008$17,911 +40.9%$315,619 +72.3%
        2006$12,716 +6.6%$183,197
        2005$11,930 +5%--
        2004$11,362 +21.7%--
        2003$9,337 -42.5%--
        2002$16,225 +777.1%--
        2001$1,850 -0.8%$25,173 +0.8%
        2000$1,864 $24,973
        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: 60046

        Getting around

        0 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 41

        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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