1951 Merritt Ln, Lake Forest, IL 60045
FOR SALE1.25 ACRES

1951 Merritt Ln
Lake Forest, IL 60045

  • 6 Beds
  • 7 Baths
  • 5,895 sqft (on 1.25 acres)
  • 6 Beds
  • 7 Baths
  • 5,895 sqft (on 1.25 acres)

$1,850,000

Original price: $1,950,000
Est. Mortgage $13,880/mo*

Local Information

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Commute Destination

Description

Nestled at the end of a quiet cul-de-sac, this majestic traditional brick residence stands as a testament to timeless elegance. Offering an expansive 5,895 square feet of living space, this home boasts 6 bedrooms and 6.1 bathrooms, all set on an immaculate 1.25-acre parcel adorned with meticulously manicured landscaping and a welcoming circular driveway. As you step through the entrance, the foyer unfolds to reveal an exquisite curved staircase, complemented by gleaming hardwood floors, soaring ceilings, and beautiful millwork. This property offers a host of distinctive features, including an enchanting living room with a charming fireplace and a sophisticated library with French doors. A formal dining room, complete with a butler's pantry, sets the stage for memorable gatherings. The heart of the home, the family room, is adorned with a distressed limestone fireplace and a convenient wet bar. This space effortlessly flows into the kitchen, where recently painted cabinetry, granite countertops, a central island with a breakfast bar, and top-tier stainless steel appliances come together to create a culinary haven. The laundry room has the added attraction of a dog wash station. For guests or multi-generational living, a private first-floor bedroom with a full bathroom is situated just off the 3-car garage and back staircase. The second floor features 5 bedrooms and 4 full bathrooms, including the spacious primary suite with sitting area, walkout Juliet balcony, luxurious bathroom, and walk-in closets. The lower level offers an extra 1,000 square feet of beautifully finished space, comprising a recreation room, an exercise room, a game room, second laundry room and an additional full bathroom, along with plenty of storage options. Outside, relish in the privacy and seclusion of this property, surrounded by mature trees, flourishing perennial gardens, and even a putting green. This beautiful home has been lovingly maintained and is in impeccable condition with an extensive list of improvements (see list under additional information), including a new roof & gutters (2021) and new mechanicals! Don't miss!

Home Highlights

Parking
3 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$314
Listed
106 days ago

Home Details for 1951 Merritt Ln

Active Status

MLS Status: Price Change

Interior Features

Interior Details
Basement: FullNumber of Rooms: 12Types of Rooms: Bedroom 3, Bedroom 6, Recreation Room, Storage, Other Room, Bedroom 5, Family Room, Laundry, Bedroom 2, Bedroom 4, Exercise Room, Mud Room, Dining Room, Kitchen, Living Room, Master Bedroom
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 7Number of Bathrooms (full): 6Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 5895 Square Feet
Appliances & Utilities
Laundry: First Floor Laundry
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas Log, Gas Starter, Family Room, Living RoomHas a FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability AccessFloors: Hardwood

Exterior Features

Exterior Home Features
Roof: ShakePatio / Porch: PatioFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Driveway (Asphalt, Circular)Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Garage Attached, Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 106

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 16182010050000

Price & Status

Price
List Price: $1,850,000Price Per Sqft: $314
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Lake Forest
School Information
Elementary School: Everett Elementary SchoolElementary School District: 67Jr High / Middle School: Deer Path Middle SchoolJr High / Middle School District: 67High School: Lake Forest High SchoolHigh School District: 115

Agent Information

Listing Agent
Listing ID: 11945222

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 1.25 Acres

Listing Info

Special Conditions: None

Compensation

Buyer Agency Commission: 2.25% 1ST MILLION; 1.75% BALANCE - $495Buyer Agency Commission Type: See Remarks:
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11945222

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: 44 minutes ago
Listing courtesy of: Lisa Trace, (708) 710-4104
@properties Christie's International Real Estate
Samantha Trace
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID, MLS#11945222

Price History for 1951 Merritt Ln

DatePriceEventSource
04/25/2024$1,850,000PriceChange
MRED as distributed by MLS GRID #11945222
01/13/2024$1,950,000Listed For SaleMRED as distributed by MLS GRID #11945222
12/11/2023ListingRemovedMRED as distributed by MLS GRID #11909871
10/20/2023$1,950,000Listed For SaleMRED as distributed by MLS GRID #11909871
10/01/2023ListingRemovedMRED as distributed by MLS GRID #11877970
09/06/2023$2,075,000Listed For SaleMRED as distributed by MLS GRID #11877970
09/06/2023ListingRemovedMRED as distributed by MLS GRID #11852241
08/09/2023$2,250,000Listed For SaleMRED as distributed by MLS GRID #11852241
02/02/2000$1,335,000Sold
N/A

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Property Taxes and Assessment

Year2021
Tax$33,442
Assessment$1,721,483
Home facts updated by county records

Comparable Sales for 1951 Merritt Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$1,475,000
06/20/23
6
6
5,318
0.16
Single-Family Home
$2,050,000
05/05/23
5
8
7,325
0.31
Single-Family Home
$2,005,000
08/14/23
4
6
5,350
0.13
Single-Family Home
$1,245,000
09/28/23
4
4
4,039
0.14
Single-Family Home
$420,000
10/20/23
5
6
7,200
0.35
Single-Family Home
$1,185,000
11/08/23
5
4
4,039
0.43
Single-Family Home
$2,550,000
09/08/23
6
8
7,354
0.72
Single-Family Home
$1,390,000
05/15/23
6
6
5,608
0.20
Single-Family Home
$1,725,000
05/05/23
4
5
4,411
0.26
Single-Family Home
$1,440,950
02/28/24
5
5
3,836

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LGBTQ Local Legal Protections

Lisa Trace, @properties Christie's International Real Estate
Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1951 Merritt Ln, Lake Forest, IL 60045 is a 6 bedroom, 7 bathroom, 5,895 sqft single-family home built in 1994. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Jan 13, 2024. The MLS # for this home is MLS# 11945222.