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$1,300,000

701 Stonegate Rd Libertyville, IL 60048

4 beds
3 full, 1 partial
3,142 sqft
0.6 acres
$414 / sqft
House

Property details

About 701 Stonegate Rd

A ranch, expanded and updated. A location across from Butler Lake and within a short walk to downtown Libertyville, Metra, Butterfield Elementary, and Libertyville High School. Luxury features - not a shortcut in sight. The entire package is brilliantly more than the sum of its parts and is ready for you to enjoy! Plan highlights include a sun room, a huge and palatial finished basement, exercise room, dog washing station & a bluestone patio. Architecturally, it reads modern, open, bright, and new - courtesy of extensive renovations that gave flowing, vaulted living spaces to the original ranch. You'll find luxury finishes, hardwood, and skylights all about the house. The original owners would be awed, and you will be too! The kitchen is a standout for cooking & entertaining. A leathered quartz countertop elegantly anchors an island studded with Miele chilling drawers and a prep sink. There are also dual Miele dishwashers, a Miele in-wall espresso machine and a HUGE Wolf range with six burners and a griddle. The cabinetry and fixturing is also gorgeous and there's a dry bar around the counter with dual wine refrigerators. Entertain! There are four bedrooms on the main level and a 5th in the finished basement. The (really big) primary bedroom suite features a tray ceiling, an expansive walk-in closet, and a lovely bath with heated floors and a huge shower. Downstairs is a land unto itself, with an office, a rec room, a top-notch exercise room, and the afore-mentioned 5th bedroom. There's a 7.2 surround setup as well, so movie night is a cinch to be here. Other features include epoxy flooring in the garage, large mud room with cubbies and storage, a gorgeous bluestone patio with pergola and (very cool) teppanyaki grill, and in-wall speakers in most upstairs rooms and on the patio. See this one if you've been looking for a ranch. It's a gem!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Zoned, Radiant Floor
StatusActive
(New)
CoolingCentral Air, Zoned
Size3,142 sqft
BasementYes
Lot size0.581 Acres
Year built1978
ParkingAsphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
MLS #12407717
Garage2 spaces
FireplaceGas Log, Gas Starter

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Cooler, Range Hood
  • Basement: Yes
  • Interior: Cathedral Ceiling(s), Dry Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Beamed Ceilings, Open Floorplan, Granite Counters, Quartz Counters
  • Fireplace: Gas Log, Gas Starter
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Parking: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • Exterior: Outdoor Grill
  • Architectural Style: Ranch
  • Heating: Natural Gas, Zoned, Radiant Floor
  • Cooling: Central Air, Zoned
  • List Price: $1,300,000
  • Price/SqFt: $413
  • Annual Tax Amount: $21,027
  • Tax Year: 2023
  • Lot: Corner Lot, Trees
  • Directions: Milwaukee Ave & Lake Street North on Stonegate to house
  • Year Built: 1978
  • Living Area: 3,142 SqFt
  • Lot Size: 0.581 Acres
  • MLS Number: 12407717
  • MLS Name: MRED
  • Office Name: Baird & Warner
  • Office Phone: (847) 367-1855
  • Office Email: libertyville@bairdwarner.com
  • Listing Agent: Daniel Timm

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Price information

Property sales

DateEventPrice
Sep 27, 2021
Home Sold
$990,000
Aug 30, 2013
Home Sold
$829,000
Jul 14, 2006
Home Sold
$622,000
Jun 28, 2005
Home Sold
$545,000

Tax history

YearAssessmentProperty Tax
2023$296,227$21,027
2022$270,536$20,251
2021$264,712$19,494
2020$258,710$19,008
2019$256,250$19,008
2018$256,038$16,247
2017$247,954$16,247

History based on county public records data.

Nearby schools

10

Butterfield Elementary School

Public District KG-5

0.7 mi

1441 Lake St

7

Rockland Elementary School

Public District KG-5

1.1 mi

160 W Rockland Rd

5

Adler Park Elementary School

Public District KG-5

1.1 mi

1740 N Milwaukee 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 $139,908. Most Libertyville, IL residents have annual incomes between $100k-200k. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

4%
<35k
22%
35k-100k
49%
100k-200k
25%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

23%
Single, No Kids
5%
Single, with Kids
35%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
13%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 701 Stonegate Rd

The listing price of 701 Stonegate Rd property is $1,300,000.

The property 701 Stonegate Rd is a house located in Libertyville, Illinois, 60048.

Active Listing: 701 Stonegate Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 701 Stonegate Rd are: Butterfield Elementary School (GreatSchools Rating 10/10), Rockland Elementary School (GreatSchools Rating 7/10), Adler Park Elementary School (GreatSchools Rating 5/10), Highland Middle School (GreatSchools Rating 7/10), Carl Sandburg Middle School (GreatSchools Rating 4/10), Oak Grove Elementary School (GreatSchools Rating 9/10), Libertyville High School (GreatSchools Rating 10/10), Mundelein Consolidated High School (GreatSchools Rating 5/10), Vernon Hills High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $21,027 (source: MLS/based on county public records data).

The last sale was on September 27, 2021 for $990,000 (source: MLS/tax record).

The property at 701 Stonegate Rd has 4 bedrooms and 3 full and 1 half bathrooms.

The property 701 Stonegate Rd is 3,142 SqFt (source: MLS/tax record).

The year of construction for 701 Stonegate Rd is 1978.

This home is located at 701 Stonegate Rd in Libertyville, IL and zip code 60048 in the Stonegate neighborhood. This 3,142 square foot home, which was built in 1978, sits on a 0.58 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $1,300,000.

In June 2025, from all listings sold in Libertyville, IL there were more than 32 sold above asking price, over 16 sold below and more than 6 were sold right at the asked price. In June 2025 in Libertyville, IL there were 7.1% less homes for sale than in May. In June 2025, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $570,000.

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

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