$5,200,000

499 W Old Mill Rd Lake Forest, IL 60045

4 beds
5 full, 2 partial
5,576 sqft
9.6 acres
$933 / sqft
House

Property details

About 499 W Old Mill Rd

This sprawling Tudor style estate is nestled on nearly 10 enchanting acres. Fully fenced, this amazing property borders a public prairie reserve that has been restored to and beyond the historic Jens Jensen design. The grounds are the design pallet that has created award winning gardens across the entire North-Shore and Wisconsin. Featuring a butterfly garden, an organic potager garden, orchard, vineyard, sprawling lawns, and a stocked fishing and water lily pond. The homes interior has been masterfully decorated and restored to its century old elegance. From the original unique ceiling moldings to the Walnut paneling and bookcases this home is beyond compare. The living room features 10 foot ceilings and is perfectly scaled for entertaining and gathering with family and special friends. The elegant dining room with fireplace and leaded glass windows make seasonal dining inside a very special occasion. Across the marble foyer from the dining room is a Southern facing Cypress paneled library that takes full advantage of the properties fabulous vistas and natural light. Altounian builders expertly crafted the chef's kitchen outfitted with fabulous white shaker cabinets, top-of-the-line appliances and exceptional details and finishes. Adjoining the kitchen via the pool breezeway is the bright and airy family room with seamless access to the terrace, a sleek fireplace and a custom bar, as well as access to a pool bathroom. Above the four car garage is a vaulted ceiling three room in-law suite, with full bath, currently being used as an exercise room, yoga studio and craft space. On the 2nd level you will find four beautiful en-suite bedrooms and baths, including the spacious primary suite with luxurious bath and enormous closet. Venture outdoors and enjoy your own private oasis. The entertainment area revolves around a pool and spa, an outdoor fireplace, multiple gathering areas with seating for thirty, and a pergola dining terrace, featuring an all stainless steel kitchen that can easily accommodate twelve - all working in perfect harmony to create an unparalleled al fresco dining experience. Offering almost 6,000 square feet of living space and a one-of-a-kind outdoor haven this home has been crafted to meet your every need - indoors and out.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size5,576 sqft
BasementYes
Lot size9.62 Acres
Year built1935
MLS #12219583
Attached garage4 spaces
WaterfrontFencing
FireplaceGas Log, Decorative

Summary

  • MLS Number: 12219583
  • MLS Name: MRED
  • Office Name: Jameson Sotheby's International Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Donna Mancuso

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$5,200,000

499 W Old Mill Rd

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$661,789$38,082
2022$640,629$36,044
2021$617,653$35,074
2020$618,953$33,894
2019$617,903$34,120
2018$668,539$34,465
2017$666,407$34,465

History based on county public records data.

Nearby schools

9

Everett Elementary School

Public District KG-4

0.8 mi

1111 Everett School Rd

8

Cherokee Elementary School

Public District KG-4

1.7 mi

475 Cherokee Rd

10

Wayne Thomas Elementary School

Public District KG-5

1.9 mi

2939 Summit Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $197,965. Typical income of Lake Forest, IL residents is $200k+ annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

1%
<35k
23%
35k-100k
26%
100k-200k
50%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

18%
Single, No Kids
5%
Single, with Kids
45%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
13%
12-17 yrs old
9%
18-34 yrs old
49%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 499 W Old Mill Rd

This home is located at 499 W Old Mill Rd in Lake Forest, IL and zip code 60045. This 5,576 square foot home, which was built in 1935, sits on a 9.62 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $5,200,000.

In February 2025 more than 1 listings in Lake Forest, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Lake Forest, IL between January and February 2025 increased by 11.7%. In February 2025 median list price was $1,048,166 and the average listing age was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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