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  • $4,600,000

    575 Lakeland Dr, Lake Bluff, IL 60044

    5beds
    5,751sqft
    Single Family Residence
    Built in 1979
    2.82 Acres Lot
    $4,853,600 Zestimate®
    $800/sqft
    $6,963 Estimated rent

    Home value

    $4,853,600

    $4.37M - $5.39M

    $6,963/mo

    Zestimate® history
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    What's special

    Meticulous landscapingSoaring ceilingsMature treesComplete roof replacementLarge limestone terraceWine cellarAmple storage
    A rare opportunity arises to own a singular architectural masterpiece designed and built in 1979 by noted architect, Roy Binkley for his own family. Sited on 2.8 privileged acres encompassing the historic Stanley Field estate garden and croquet field on Lake Michigan, this iconic property stands as an ode to modernism and featured in Architectural Digest. The home was inspired by the cubic simplicity of Mies van der Rohe, under whom Binkley studied. A dynamic interplay between hard lines and soft curves, openness and enclosure, and old and new unfolds throughout the circular floor plan. Unique architectural details from a floating staircase and limestone floors on the main level to double-dome skylights create visual interest. Soaring ceilings and expansive walls of glass blur the lines between interior and exterior, offering panoramic vistas of the lake from nearly every vantage point. Each level of the three-story home presents a separate stage and a different scene. Mature trees and meticulous landscaping further enhance the feeling of a secluded, private lakefront sanctuary. Having passed through only two sets of discerning owners, the home has been meticulously cared for since its inception. Recent updates include a thoughtful conversion of the exterior to stucco in 2018 and a complete roof replacement in 2020. Conscientious restoration and renovation have ensured every element reflects the spirit of contemporary living. The kitchen, primary suite, second-floor hall bath, and laundry have all been modernized with an astute eye for detail. On the third floor, the autonomous treetop suite, once the architect's studio, underwent a clever transformation into a spacious fourth bedroom suite complete with closet and en-suite bath. From here, enjoy panoramic views of Lake Michigan from wide curved picture window. Joan Binkley's former artist studio now offers a welcoming family room. Attached to the 3-car garage is a separate garden room with sink and full bath, which could be a fifth bedroom with ensuite bath perfect for guests, in-laws or office. Internationally renowned landscape architect Doug Hoerr further elevated the property in 2001 with a redesigned hardscape and garden, including a large limestone terrace mirroring the home's interior. Additional features include four independently controlled HVAC zones for comfort. An unfinished lower level provides ample storage, including a wine cellar and a cedar closet. Revetment work in the early 2000s and further stabilization efforts involving railroad ties and partial stairs in 2016 ensure continued peace of mind for the next owner. Additionally, a permanent easement exists on the property, shared with two neighboring homes, for access to the north side of the property. This exceptional offering presents an unparalleled opportunity to own a piece of architectural history in Lake Bluff. Roy Binkley's modernist masterpiece, nestled amidst the natural beauty of Lake Michigan, awaits a discerning owner who appreciates timeless design and breathtaking surroundings.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn McKenna 847-234-8000,

    Coldwell Banker Realty

    Bought with:

    Dawn McKenna

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12089798MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom 5, Breakfast Room, Foyer, Storage, Walk In Closet, Other Room
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full, Double Sink, Tub & Separate Shwr)
    • Level: Second
    • Area: 525 Square Feet
    • Dimensions: 25X21
    Bedroom 2
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 360 Square Feet
    • Dimensions: 20X18
    Bedroom 3
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 192 Square Feet
    • Dimensions: 16X12
    Bedroom 4
    • Features: Flooring (Hardwood)
    • Level: Third
    • Area: 440 Square Feet
    • Dimensions: 20X22
    Bedroom 5
    • Features: Flooring (Other)
    • Level: Main
    • Area: 552 Square Feet
    • Dimensions: 23X24
    Breakfast room
    • Features: Flooring (Stone)
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 12X6
    Dining room
    • Features: Flooring (Stone)
    • Level: Main
    • Area: 368 Square Feet
    • Dimensions: 23X16
    Family room
    • Features: Flooring (Stone)
    • Level: Main
    • Area: 420 Square Feet
    • Dimensions: 20X21
    Foyer
    • Features: Flooring (Stone)
    • Level: Main
    • Area: 119 Square Feet
    • Dimensions: 17X7
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space), Flooring (Stone)
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18X13
    Laundry
    • Features: Flooring (Ceramic Tile)
    • Level: Second
    • Area: 60 Square Feet
    • Dimensions: 6X10
    Living room
    • Features: Flooring (Stone)
    • Level: Main
    • Area: 437 Square Feet
    • Dimensions: 23X19
    Other
    • Level: Basement
    • Area: 88 Square Feet
    • Dimensions: 11X8
    Storage
    • Level: Basement
    • Area: 448 Square Feet
    • Dimensions: 16X28
    Walk in closet
    • Level: Basement
    • Area: 56 Square Feet
    • Dimensions: 7X8
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Range Hood
    • Laundry: Upper Level, Sink
    Features
    • Cathedral Ceiling(s), Built-in Features, Walk-In Closet(s), Bookcases, Open Floorplan
    • Flooring: Hardwood
    • Windows: Skylight(s)
    • Basement: Unfinished,Full
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Living Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 5,751 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Gravel, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 3
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 3
    • Patio & porch: Patio
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake Front
    Lot
    • Size: 2.82 Acres
    • Features: Landscaped, Mature Trees, Garden
    Details
    • Additional structures: Gazebo, Greenhouse
    • Additional parcels included: 12214020640000
    • Parcel number: 12214020650000
    • Special conditions: List Broker Must Accompany
    • Other equipment: Sprinkler-Lawn, Air Purifier

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Lake Bluff

    Financial & listing details

    • Price per square foot: $800/sqft
    • Tax assessed value: $2,693,615
    • Annual tax amount: $63,469
    • Date on market: 6/24/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/11/2025Sold$4,600,000-7.9%$800/sqft
    Source: MRED as distributed by MLS GRID #12089798 Report a problem
    7/16/2025Pending sale$4,995,000$869/sqft
    Source: MRED as distributed by MLS GRID #12089798 Report a problem
    5/21/2025Contingent$4,995,000$869/sqft
    Source: MRED as distributed by MLS GRID #12089798 Report a problem
    2/4/2025Price change$4,995,000-7.4%$869/sqft
    Source: MRED as distributed by MLS GRID #12089798 Report a problem
    8/14/2024Price change$5,395,000-8.6%$938/sqft
    Source: MRED as distributed by MLS GRID #12089798 Report a problem
    6/24/2024Listed for sale$5,900,000$1,026/sqft
    Source: MRED as distributed by MLS GRID #12089798 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$60,692 +2.6%$959,762 +6.9%
    2023$59,137 +3.3%$897,782 +8.5%
    2022$57,234 +3.6%$827,602 +0.9%
    2021$55,239 +2.5%$820,057 +0.3%
    2020$53,902 +3.7%$817,480 +1.9%
    2019$51,973 -0.7%$802,474 +3.2%
    2018$52,347 $777,843 -5.4%
    2017$52,347 +3.5%$822,126 +5.1%
    2016$50,558 +10.3%$782,530 +6.2%
    2015$45,833 +2.7%$736,845 +13.3%
    2014$44,622 +6.7%$650,251 -0.9%
    2012$41,815 -6.3%$655,891 -9.4%
    2011$44,605 -18.9%$724,271 -25.6%
    2010$55,014 +1.1%$974,127 -8.4%
    2009$54,414 +0.5%$1,063,806 -2%
    2008$54,130 +47.3%$1,085,073 +2.8%
    2006$36,747 +4.2%$1,055,930
    2005$35,264 +10.2%--
    2004$32,008 +2.4%--
    2003$31,273 -8%--
    2002$33,975 +10%--
    2001$30,876 +2.9%$583,442 +5.6%
    2000$30,003 $552,510
    Find assessor info on the county website

    Neighborhood: 60044

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Bluff Elementary School
    • Middle: Lake Bluff Middle School
    • High: Lake Forest High School
    • District: 65

    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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    Estimated market value
    $4,853,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,853,600