518 Elder Ln, Winnetka, IL 60093
Property image
Property image
SOLD
DEC 17, 2025

$5,032,000

Trulia Estimate
  • 6 Beds
  • 7 Baths
  • 7,500 sqft (on 0.28 acres)

518 Elder Ln, Winnetka, IL 60093

Refinance Your Home
Currently Off Market - Sold Dec 17, 2025 for $4,200,000 (5% below list price)

Home Value

Trulia Estimate
$5.03M
Since last month
Decreased$87K (-1.7%)
Since last year
Increased$757K (+17.6%)
Since last sale
Increased$867K (+20.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +433% in the last 10 years
MonthEstimated value
2026
August 2026$5.07M
August 2026$5.03M
July 2026$5.15M
June 2026$5.24M
May 2026$5M
April 2026$4.33M
March 2026$4.33M
February 2026$4.32M
January 2026$4.23M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
566 Willow Rd, Winnetka, IL
0.24
Single-Family Home
$3,510,000
08/14/26
6
6.5
6,689
153 Bertling Ln, Winnetka, IL
0.21
Single-Family Home
$2,750,000
04/22/26
5
4.5
6,150
647 Garland Ave, Winnetka, IL
0.24
Single-Family Home
$3,070,000
01/06/26
5
6
5,174
358 Winnetka Ave, Winnetka, IL
0.41
Single-Family Home
$3,000,000
05/08/26
5
6
5,900
525 Ash St, Winnetka, IL
0.35
Single-Family Home
$4,995,000
04/27/26
5
7
4,450
334 Woodland Ave, Winnetka, IL
0.26
Single-Family Home
$3,005,000
04/23/26
5
4.5
3,748
321 Woodland Ave, Winnetka, IL
0.28
Single-Family Home
$2,600,000
09/18/25
6
5
4,698
603 Elm St, Winnetka, IL
0.63
Single-Family Home
$3,480,000
09/06/25
6
6.5
6,713
213 Linden St, Winnetka, IL
0.47
Single-Family Home
$3,100,000
02/17/26
6
6
5,338

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
534 Elder Ln, Winnetka, IL 60093
0.03
$2,217,500
5
4.5
4,162
Off Market
526 Sunset Rd, Winnetka, IL 60093
0.08
$3,055,300
7
5.5
6,000
Off Market
214 Poplar St, Winnetka, IL 60093
0.06
$1,000,400
3
2.5
-
Off Market
529 Elder Ln, Winnetka, IL 60093
0.05
$2,369,200
5
4.5
4,381
Off Market
228 Poplar St, Winnetka, IL 60093
0.06
$930,000
4
3
1,801
Recently Sold
471 Sunset Rd, Winnetka, IL 60093
0.09
$3,297,800
5
5.5
4,853
Off Market
478 Sunset Rd, Winnetka, IL 60093
0.11
$1,750,000
4
3.5
3,364
Recently Sold
553 Elder Ln, Winnetka, IL 60093
0.08
$1,594,800
5
4.5
3,047
Off Market
557 Elder Ln, Winnetka, IL 60093
0.08
$1,315,500
4
2.5
2,244
Off Market
484 Hawthorn Ln, Winnetka, IL 60093
0.10
$2,204,800
6
4.5
4,147
Off Market
Address Not Disclosed, Winnetka, IL 60093
0.14
$1,589,647
4
3
-
Recently Sold

Local Information

  • Map ViewExplore the area around 518 Elder Ln.
  • Schools2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2025
0.28 acre lot
7,500 sqft
$560/sqft
2 Car Garage

About this House

Stunning new construction transitional home with approximately 7,500 square feet of meticulously finished space, the home is located on one of the most picturesque streets in East Winnetka in an unbeatable location. The home is close to town, walking distance to the beach, schools and train. This home features 6 bedrooms, 7 full baths, a show room worthy kitchen with luxury appliances including Sub-Zero refrigerators and freezers, Wolf range, drawer style microwave, spacious walk-in pantry and custom cabinetry throughout. The finished lower level includes entertainment room with fireplace and TV, full size wet bar with an island, media room, Golf Simulator and Exercise room. Spacious finished third level is a great addition in the home that can be utilized for an Au Pair/nanny or make a phenomenal additional home office/guest room. The home is pre-wired for all your audio and visual needs in addition to security and smart home systems. This home is truly an entertainers dream! The Expansive backyard is the perfect size to create your personal oasis, plenty of space for a large pool and simply the space of your dreams. Agent has ownership interest, home is ready to be shown and is in the touch up/cleaning process. Some photos are of builders previous work.
518 Elder Ln, Winnetka, IL 60093 is a 6 bedroom, 7 bathroom, 7,500 sqft single-family home built in 2025. It last sold for $4,200,000 on Dec 17, 2025 (5% below the $4,399,995 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $5,032,000.
Last check for updates: about 14 hours ago
Listed by Matan Aharoni, (847) 446-4000
Coldwell Banker Realty
Bought with: David Chung, (312) 399-0630, Compass
Source: MRED as distributed by MLS GRID, MLS#12487218

Home Details for 518 Elder Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,FullNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 7Number of Bathrooms (full): 7
Dimensions and Layout
Living Area: 7500 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Range HoodDishwasherDisposalDryerLaundry: Multiple LocationsMicrowaveWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central Air,ZonedHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas Starter, Masonry, Family Room, BasementHas a Fireplace
Gas & Electric
Electric: Service - 400 Amp or Greater
Levels, Entrance, & Accessibility
Stories: 3Accessibility: No Disability Access
View
No View

Exterior Features

Exterior Home Features
Roof: SlateFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Asphalt,Brick Driveway,Yes,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer, Storm Sewer

Property Information

Year Built
Year Built: 2025
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: BrickIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 05213170170000

Price & Status

Price
List Price: $4,399,995Price Per Sqft: $560/sqft
Status Change & Dates
Off Market Date: Sat Oct 18 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: Winnetka
School Information
Elementary School: Greeley Elementary SchoolElementary School District: 36Jr High / Middle School: Carleton W Washburne SchoolJr High / Middle School District: 36High School: New Trier Twp H.S. Northfield/WiHigh School District: 203

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12487218Attic: Finished

Additional Information

Source Internet Automated Valuation DisplaySource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Dec 17, 2025
Source: MRED as distributed by MLS GRID #12487218
Sold
$4,200,000
Oct 18, 2025
Source: MRED as distributed by MLS GRID #12487218
Pending
$4,399,995
Oct 3, 2025
Source: MRED as distributed by MLS GRID #12487218
Listed For Sale
$4,399,995
Oct 1, 2025
Source: MRED as distributed by MLS GRID #12335263
ListingRemoved
$4,495,000
Apr 11, 2025
Source: MRED as distributed by MLS GRID #12335263
Listed For Sale
$4,495,000

Market trends in Winnetka

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
30
4MoM

Around this home

What Locals Say about Winnetka

At least 78 Trulia users voted on each feature.

  • 94 % Say people would walk alone at night

  • 90 % Say it's dog friendly

  • 88 % Say kids play outside

  • 88 % Say there's holiday spirit

  • 87 % Say there are sidewalks

  • 82 % Say yards are well-kept

  • 81 % Say it's walkable to restaurants

  • 80 % Say parking is easy

  • 78 % Say there's wildlife

  • 76 % Say it's quiet

  • 74 % Say car is needed

  • 72 % Say there are community events

  • 72 % Say it's walkable to grocery stores

  • 71 % Say they plan to stay for at least 5 years

  • 70 % Say neighbors are friendly

  • 66 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • DRD
    "Great schools and public works. Incredible beaches. Great fire and police systems. Amazing playing fields for kids’ sports. "
    0
    Flag
  • allisonbowersbrown
    "Park district, block parties, parades, fireworks. Neighborhood get together, school and church events. "
    0
    Flag
  • Jillian D.
    "I take the metra and walk to work. It’s easy and about as fast in the train to Chicago as it is in a car. Going west without a car is not as doable though. "
    1
    Flag
  • Acparacchini
    "Great dog beach, easy walk to town with coffee shops, restaurants, etc and bring the dog! 4th of July parade and everyone brings their dogs "
    0
    Flag
  • Phil L. .
    "Great parks, families and restaurants. Easy walk to restaurants , train, and interesting stores. Lots of people out walking, running or on bikes. "
    0
    Flag
  • Jillian D.
    "I take the train and walk. There are usually window seats available on the Metra when I leave winnetka at 7:21. "
    1
    Flag
  • Jillian D.
    "There are lots of green parks for doggos to play at! There’s also lil fountains where you can get water for people and dogs in the summer. "
    2
    Flag
  • Sarahvaile687
    "Winnetka music festival, summer music in the park...there are plenty of events hosted by the community."
    1
    Flag
  • Winnetka mom
    "I’ve lived here for 14 years and Winnetka is the most warm, welcoming neighborhood I’ve ever lived in!"
    1
    Flag
  • Benjamin J. D.
    "They would like it. It’s a great community with tons of parks. Move here! You won’t regret it. It’s like living in a Rockwell painting."
    1
    Flag
  • Mklein
    "Lived here for 22 years. Raised our family here. Would do it again given the chance. Great mix of people from different backgrounds and heritage. Only downfall is politically backwards and cannot get anything done in the village that’s required to stay current with infrastructure or lifestyle. "
    5
    Flag
  • Sbardoni29
    "Wonderful place to live. Gorgeous homes and great apartment living above shops and restaurants. So close to the lake and Metra runs right through city to downtown. "
    0
    Flag
  • Coveyandclay
    "family friendly and perfect for children! parks are wonderful and schools are best in country. park district facilities are top notch"
    0
    Flag
  • Coveyandclay
    "great parks and lots of kids playing there all the time. very family friendly. many kids events put on by park district also."
    0
    Flag
  • Erin K. C.
    "Very dog friendly. There is a great private dog beach that is well maintained with a dog wash and passholder only gate. All dogs are required to be well behaved and up to date on all shots. "
    0
    Flag
  • Acparacchini
    "Lived in Winnetka essentially since I was 9! Great place to raise a family. Beautiful homes, great town, great beaches, excellent schools, easy transportation to the city! "
    2
    Flag
  • Gabriel
    "Safe, quiet and architecturally nice. A great place to live and raise a family. Great schools and close to the lake. "
    0
    Flag
  • mtoyama60
    "Wonderful neighborhood close to lake and town and highly rated schools. Family community. Quiet residential street. Great investment."
    0
    Flag
  • Patty E.
    "I want to move here ,whith my kids."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

Frequently asked questions about 518 Elder Ln

  • What is 518 Elder Ln estimated to be worth?
    Trulia's estimated value for 518 Elder Ln in Winnetka, IL is $5,032,000.
  • What is the price history for 518 Elder Ln?
    518 Elder Ln in Winnetka, IL last sold for $4,200,000 in December 2025.
  • Is Winnetka a buyer's or seller's market?
    Winnetka is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Winnetka?
    Residents describe Winnetka, IL as dog-friendly, pedestrian-friendly, and well-kept. See recently sold homes in Winnetka, IL.
  • Does 518 Elder Ln have air conditioning?
    Yes, 518 Elder Ln in Winnetka, IL has air conditioning.
  • Does 518 Elder Ln have laundry facilities?
    Yes, 518 Elder Ln in Winnetka, IL has in-unit laundry.

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