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Off market
  • $7,298,600

    700 Arbor Dr, Lake Bluff, IL 60044

    7beds
    29,745sqft
    SingleFamily
    Built in 1931
    5 Acres Lot
    $7,298,600 Zestimate®
    $245/sqft
    $-- Estimated rent

    Home value

    $7,298,600

    $5.62M - $9.56M

    Not available

    Zestimate® history
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    What's special

    This magnificent estate designed by David Adler, is set on five acres along Lake Michigan. Offering over 400' of lakefront, this home was originally built for Lester and Leola Armour in 1931 as their country estate. Known for his grace and refinement, Adler's classical design has been beautifully maintained and updated for today's buyer. Exquisite mouldings, floor to ceiling windows, 19 fireplaces, warm wood paneling and a fabulous gourmet kitchen open to the family room are a few of the rarely seen details. Sweeping large open rooms can be found on all four floors, including the third floor with exercise room and basement with bar. Unbelievable views are evident from almost every room and the attached studio with kitchen, family room and two bedrooms can be adapted to suit your needs. The backyard, with brick patios, fire pit and breathtaking views of the property and lakefront, offers the utmost in privacy.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 14
    • Full bathrooms: 8
    • 1/2 bathrooms: 6
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Finished
    • Attic: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 29,745 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    • On waterfront: Yes
    Lot
    • Size: 5 Acres
    Details
    • Parcel number: 1216202002

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1931

    Utilities & green energy

    • Sewer: Septic-Private

    Community & HOA

    Location
    • Region: Lake Bluff

    Financial & listing details

    • Price per square foot: $245/sqft
    • Tax assessed value: $4,962,745
    • Annual tax amount: $113,289

    Price history

    DateEventPrice
    3/9/2020Sold$4,200,000-40%$141/sqft
    Source: MRED as distributed by MLS GRID #10085907 Report a problem
    11/12/2019Pending sale$6,995,000$235/sqft
    Source: @properties #10085907 Report a problem
    2/11/2019Price change$6,995,000-22.2%$235/sqft
    Source: @properties #10085907 Report a problem
    9/17/2018Listed for sale$8,995,000-16.2%$302/sqft
    Source: @properties #10085907 Report a problem
    3/30/2018Listing removed$10,735,000$361/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff #09572505 Report a problem
    6/9/2017Price change$10,735,000-5%$361/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09572505 Report a problem
    3/22/2017Listed for sale$11,300,000-5.8%$380/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff #09572505 Report a problem
    10/27/2016Listing removed$11,990,000$403/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09223594 Report a problem
    10/19/2016Price change$11,990,000-14.3%$403/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09223594 Report a problem
    5/12/2016Listed for sale$13,990,000-12.6%$470/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #09223594 Report a problem
    1/4/2016Listing removed$16,000,000$538/sqft
    Source: @properties #08789273 Report a problem
    9/16/2015Price change$16,000,000-11.1%$538/sqft
    Source: @properties #08789273 Report a problem
    11/20/2014Listed for sale$18,000,000+474.2%$605/sqft
    Source: @properties #08789273 Report a problem
    8/12/1997Sold$3,135,000$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$113,289 +2.5%$1,716,773 +3.8%
    2023$110,524 +11.1%$1,654,083 +8.5%
    2022$99,465 +3.6%$1,524,782 +8%
    2021$96,021 -24.6%$1,412,039 -25.7%
    2020$127,397 +3.7%$1,901,383 +1.9%
    2019$122,848 -24%$1,866,480 -26.6%
    2018$161,717 $2,542,118 +1.7%
    2017$161,717 +2.1%$2,499,624 +2.8%
    2016$158,333 +13.4%$2,430,712 +6.2%
    2015$139,600 +841.6%$2,288,806 +16.6%
    2014$14,826 -86.2%$1,962,284 +17.3%
    2012$107,551 -6.2%$1,672,385 -9.4%
    2011$114,659 +19.3%$1,846,742 +9.2%
    2010$96,120 +46.7%$1,691,700 +32.8%
    2009$65,514 +57.4%$1,273,595 +53.5%
    2008$41,615 +0.3%$829,967
    2006$41,498 -1.8%$829,967
    2005$42,261 -1.5%--
    2004$42,909 +0.2%--
    2003$42,810 -2.5%--
    2002$43,910 +1.2%--
    2001$43,389 -50.9%$829,967 -49.1%
    2000$88,368 $1,631,985
    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

    Source: The MLS. 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
    $7,298,600
    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
    $7,298,600