#12398202, Jeremy Brandow, Listing office: Coldwell Banker R.E. Group
$745,000 List price
709 Lake Falls Blvd Savoy, IL 61874
4 beds
4 full, 1 partial
2,822 sqft
0.3 acres
$264 / sqft
House
Property details
About 709 Lake Falls Blvd
Welcome to this stunning lakefront residence, where comfort meets elegance in every detail. Move through a grand two-story foyer, flanked by a formal dining room, and into a breathtaking great room featuring a gas log fireplace and soaring cathedral ceiling. The heart of the home is a beautifully appointed eat-in kitchen with granite countertops, stainless steel appliances, rich cherry cabinetry, and a spacious walk-in pantry-perfectly situated to connect indoor gatherings with outdoor entertaining. Outside you will find an expansive deck with a brand-new pergola, overlooking a fully fenced, landscaped, and irrigated backyard. Adjacent to the kitchen is a stylish study with a coffered ceiling-ideal for working from home. The first-floor owner's suite is a true sanctuary, boasting 10-foot ceilings, a cozy sitting area, generous walk-in closet, and a luxurious en-suite bath with heated travertine tile, dual vanities, a garden tub, and separate shower. Upstairs, you'll find three oversized bedrooms, each with walk-in closets; one with a private full bath and the others sharing a second full bath. The fully finished basement expands your living space with a daylight family room, a large wet bar featuring a full-size refrigerator and wine fridge, a raised-floor theater room, a fifth bedroom with full bath and walk-in closet, plus additional storage.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air
Size2,822 sqft
BasementYes
Lot size0.2645 Acres
Year built2008
ParkingOn Site, Garage Owned, Attached, Garage
MLS #12400733
Garage3 spaces
FireplaceGas Log
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Basement: Yes
- Interior: 1st Floor Bedroom, Cathedral Ceiling(s), Wet Bar
- Fireplace: Gas Log
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Parking: On Site, Garage Owned, Attached, Garage
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $745,000
- Price/SqFt: $264
- HOA Amount: $400 Annually
- Annual Tax Amount: $18,736
- Tax Year: 2023
- Directions: South 1st street to Lake Falls Drive, first home on the south side of street
- Year Built: 2008
- Living Area: 2,822 SqFt
- Lot Size: 0.2645 Acres
- MLS Number: 12400733
- MLS Name: MRED
- Office Name: KELLER WILLIAMS-TREC
- Office Phone: (217) 356-6100
- Listing Agent: Scott Bechtel
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 18, 2020 | Home Sold | $562,000 |
| Apr 19, 2017 | Home Sold | $589,000 |
| Oct 12, 2011 | Home Sold | $560,000 |
| Jun 30, 2008 | Home Sold | $103,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $243,150 | $18,736 |
| 2022 | $225,970 | $17,786 |
| 2021 | $214,390 | $16,794 |
| 2020 | $209,570 | $16,468 |
| 2019 | $206,680 | $15,978 |
| 2018 | $206,680 | $15,940 |
| 2017 | $197,780 | $15,301 |
History based on county public records data.
Nearby schools
8
Carrie Busey Elementary School
Public District KG-5
1.2 mi
•304 Prairie Rose Ln
6
Vernon L Barkstall Elementary School
Public District KG-5
3.2 mi
•2201 Hallbeck Dr
4
Bottenfield Elementary School
Public District KG-5
3.8 mi
•1801 S Prospect Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,914. The most common annual income of people living in Savoy, IL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
53%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
38%
18-34 yrs old
33%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Wal-Mart
Dillards
Where do the neighbors go to eat?
Texas Roadhouse
Hardee's
Cracker Barrel
What do the neighbors drive?
Subaru
Ram
Cadillac
What do the neighbors listen to?
New Country
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 709 Lake Falls Blvd
The listing price of 709 Lake Falls Blvd property is $745,000.
The property 709 Lake Falls Blvd is a house located in Savoy, Illinois, 61874.
Accepting Backup Offers: 709 Lake Falls Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 709 Lake Falls Blvd are: Carrie Busey Elementary School (GreatSchools Rating 8/10), Vernon L Barkstall Elementary School (GreatSchools Rating 6/10), Bottenfield Elementary School (GreatSchools Rating 4/10), Unity Junior High School (GreatSchools Rating 4/10), Urbana Middle School (GreatSchools Rating 2/10), Edison Middle School (GreatSchools Rating 4/10), Unity High School (GreatSchools Rating 6/10), Urbana High School (GreatSchools Rating 3/10), University of Illinois High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $18,736 (source: MLS/based on county public records data).
The last sale was on February 18, 2020 for $562,000 (source: MLS/tax record).
The property at 709 Lake Falls Blvd has 4 bedrooms and 4 full and 1 half bathrooms.
The property 709 Lake Falls Blvd is 2,822 SqFt (source: MLS/tax record).
The year of construction for 709 Lake Falls Blvd is 2008.
This home is located at 709 Lake Falls Blvd in Savoy, IL and zip code 61874. This 2,822 square foot home, which was built in 2008, sits on a 0.26 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $745,000.
Savoy, IL housing market in June 2025 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The number of listings in Savoy, IL decreased by 12.2% between May and June 2025. While the average time on the market in June 2025 was 32 days, the median list price was $365,500.
From Rocket Homes Real Estate and based on county public records data.