This new construction home features an abundant in charm, character, and modern touches. Discover unparalleled craftsmanship and sophistication in this meticulous new build, nestled in one of Savoy's most sought-after neighborhoods. This property combines charm with modern finishes and top-notch quality- no detail or room has been overlooked! Walk into a spacious entryway with an office to your right. Cathedral ceiling, custom trim and an abundance of light give this moody office/flex room a sophisticated feel. The spacious living room is flooded with light, has a cozy gas fireplace, 13 feet tall ceilings and beautiful high-end lighting. The gourmet kitchen is an entertainer's dream and features custom hand-crafted Amish cabinetry with tons of charm, Visual Comfort pendants, stainless steal appliances package with a stunning custom cut quartz backsplash and countertop, as well as a farmhouse sink, and full pantry. The main floor primary bedroom features ceiling details, a gorgeous full bath with garden tub, zero entry shower, double headed shower, and an oversized walk-in closet with built-ins. The power room has hand-picked Aldora wallpaper by Thibaut. The upstairs is a treat. Upstairs you will find three spacious bedrooms and a beautiful full bath with designer tile and finishes. The main floor laundry has an abundance of cabinetry while the mudroom has a spacious design plan with a beautiful custom locker system/cabinetry for your everyday belongings to be disguised. The basement houses an additional bedroom as well as another beautifully designed bath, family room and tons of storage. A full service wet bar is right off the basement family room perfect for entertaining. Move in ready *Broker Interest
Closed
$691,275
502 Lake Falls Blvd, Savoy, IL 61874
5beds
4,013sqft
Single Family Residence
Built in 2024
0.28 Acres Lot
$730,400 Zestimate®
$172/sqft
$4,271 Estimated rent
Home value
$730,400
$694,000 - $767,000
$4,271/mo
Zestimate® history
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List your homeWhat's special
Farmhouse sinkSpacious design planDesigner tileCustom trimSpacious entrywayFull service wet barOversized walk-in closet
Zillow last checked:
Listing updated:
Listed by:
Tabitha Berg-Stephens 217-417-8310,
RE/MAX Rising
Bought with:
Jennifer Snodsmith
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 11977716
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom 5, Family Room, Foyer, Mud Room, Storage, Pantry
Primary bedroom
- Features: Flooring (Hardwood), Bathroom (Full)
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14X16
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 288 Square Feet
- Dimensions: 24X12
Bedroom 5
- Features: Flooring (Carpet)
- Level: Basement
- Area: 169 Square Feet
- Dimensions: 13X13
Bar entertainment
- Level: Basement
- Area: 187 Square Feet
- Dimensions: 11X17
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 352 Square Feet
- Dimensions: 22X16
Other
- Level: Basement
- Area: 576 Square Feet
- Dimensions: 36X16
Foyer
- Features: Flooring (Hardwood)
- Level: Main
- Area: 252 Square Feet
- Dimensions: 28X9
Kitchen
- Features: Kitchen (Eating Area-Table Space, Island, Pantry-Walk-in), Flooring (Hardwood)
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Laundry
- Level: Main
- Area: 56 Square Feet
- Dimensions: 7X8
Mud room
- Level: Main
- Area: 45 Square Feet
- Dimensions: 9X5
Pantry
- Features: Flooring (Hardwood)
- Level: Main
- Area: 60 Square Feet
- Dimensions: 5X12
Storage
- Level: Basement
- Area: 144 Square Feet
- Dimensions: 16X9
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Main Level
Features
- Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Pantry
- Flooring: Hardwood, Carpet
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Great Room
Interior area
- Total structure area: 4,638
- Total interior livable area: 4,013 sqft
- Finished area below ground: 1,242
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1.5
- Patio & porch: Patio
Lot
- Size: 0.28 Acres
- Dimensions: 122X96
- Features: Landscaped
Details
- Parcel number: 292601478003
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Stone
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lake Falls
HOA
- Has HOA: Yes
- Services included: Other
- HOA fee: $375 annually
Location
- Region: Savoy
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $609,330
- Annual tax amount: $8
- Date on market: 2/13/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2024 | Sold | $691,275-0.5%$172/sqft |
Source:  MRED as distributed by MLS GRID #11977716 Report a problem | ||
| 3/22/2024 | Contingent | $695,000$173/sqft |
Source: MRED as distributed by MLS GRID #11977716 Report a problem | ||
| 2/13/2024 | Listed for sale | $695,000+852.1%$173/sqft |
Source: MRED as distributed by MLS GRID #11977716 Report a problem | ||
| 11/6/2023 | Sold | $73,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,514 +163549.4% | $203,110 +169158.3% |
| 2023 | $9 +6.5% | $120 +9.1% |
| 2022 | $9 +10.4% | $110 +10% |
| 2021 | $8 -0.5% | $100 |
| 2020 | $8 | $100 |
| 2019 | -- | $100 |
Find assessor info on the county website
Neighborhood: 61874
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Nearby schools
GreatSchools rating
- 8/10Carrie Busey Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 4.7 mi
- 4/10Central High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- High: Central High School
- District: 4
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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- Illinois
- Champaign County
- Savoy
- 61874
- 502 Lake Falls Blvd
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