550 Stable Ln, Lake Forest, IL 60045
Property image
Property image
OFF MARKET

550 Stable Ln
Lake Forest, IL 60045

  • 4 Beds
  • 3.5 Baths
  • 5,437 sqft (on 2.17 acres)

$2,525,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $18,487/mo*

$2,525,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $18,487/mo*
4 Beds
3.5 Baths
5,437 sqft
(on 2.17 acres)

Home Value

Trulia Estimate
$2.52M
Since last month
Decreased$4K (-0.2%)
Since last year
Increased$137K (+5.7%)
Since last sale
Increased$971K (+62.6%)
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 +63% in the last 10 years
MonthEstimated value
2026
August 2026$2.52M
July 2026$2.52M
June 2026$2.54M
May 2026$2.56M
April 2026$2.54M
March 2026$2.51M
February 2026$2.47M
January 2026$2.38M
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
0.28
Single-Family Home
$1,920,000
07/09/26
5
5.5
5,695
0.12
Single-Family Home
$2,640,000
08/29/25
6
6.5
7,747
0.22
Single-Family Home
$2,700,000
01/26/26
6
6.5
5,849
0.41
Single-Family Home
$1,625,000
06/11/26
5
5.5
7,325
0.31
Single-Family Home
$3,080,000
09/22/25
6
5
5,734
0.57
Single-Family Home
$1,620,000
06/15/26
4
4.5
4,244
0.46
Single-Family Home
$2,045,243
08/26/25
5
6
5,635
0.60
Single-Family Home
$2,056,000
08/21/25
4
5.5
5,800
0.42
Single-Family Home
$2,552,813
04/16/26
4
2.5
3,730
0.39
Single-Family Home
$1,155,000
10/06/25
5
3.5
4,038

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
0.07
$3,350,000
6
7
6,984
For Sale
0.12
$2,799,200
6
6.5
7,747
Off Market
0.15
$3,191,900
5
6
6,881
Off Market
0.15
$1,509,500
3
1.5
-
Off Market
0.16
$3,668,400
5
8
10,048
Off Market
0.19
$4,715,700
5
7
7,787
Off Market
0.22
$2,700,000
6
6.5
5,849
Recently Sold
0.20
$2,650,000
5
5
4,300
For Sale
0.20
-
-
-
-
Off Market
0.27
$2,595,000
6
5.5
7,683
For Sale
0.23
$1,395,000
-
-
-
For Sale
0.24
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 550 Stable Ln.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1991
Lot Size
2.17 acres
Living Area
5,437 sqft
Price/Sqft
$464
Parking
Garage

About this House

This unique Nantucket style home is located on a very special 2+ acres of naturalized landscape surrounded by acres of Open Lands Preservation area. The distinctive architecture and design combined with this lush private setting creates dramatic results and wonderful vistas in every room. Stunning living room, fabulous kitchen opens to 1 of 2 family rooms, master bedroom wing, 4 car heated garages w/epoxy flr. A 10!
550 Stable Ln, Lake Forest, IL 60045 is a 4 bedroom, 4 bathroom, 5,437 sqft single-family home built in 1991. It last sold for $1,550,000 on Aug 24, 2016. It is currently off market. The Trulia Estimate is $2,525,100, with a rent estimate of $7,472/month.

Home Details for 550 Stable Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
Dishwasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: StonePatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1991Year Updated: 1991
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 2.17 acres

Price and Tax history

DateEventPrice
Aug 24, 2016
Source: MRED as distributed by MLS GRID #08934567
Sold
$1,550,000
Jul 23, 2016
Source: Agent Provided
Pending
$1,699,000
Apr 7, 2016
Source: Agent Provided
PriceChange
$1,699,000
Price decreased by 8%
Nov 5, 2015
Source: Agent Provided
PriceChange
$1,851,500
Price decreased by 5%
May 27, 2015
Source: Agent Provided
Listed For Sale
$1,949,000

Market trends in Lake Forest

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
85
18
MoM

What Locals Say about Lake Forest

At least 107 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 91 % Say parking is easy

  • 86 % Say car is needed

  • 84 % Say it's quiet

  • 83 % Say there's holiday spirit

  • 82 % Say people would walk alone at night

  • 81 % Say yards are well-kept

  • 79 % Say there are sidewalks

  • 78 % Say there's wildlife

  • 72 % Say kids play outside

  • 65 % Say they plan to stay for at least 5 years

  • 64 % Say neighbors are friendly

  • 57 % Say streets are well-lit

  • 54 % Say there are community events

  • 50 % Say it's walkable to restaurants

  • 50 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Clay Cannady
    "It is a wonderfully beautiful and safe place to raise kids. The schools are outstanding, the sense of community extraordinary and the access to nature and open specials unique."
  • Maribelgarcia1115
    "This neighborhood is absolutely beautiful. My neighbors are responsible for picking up after they walk their dogs. They are very conscious about it."
  • Cathtob
    "Lots of other dog owners and free poop bags provided in the parks. Plus, Openlands allows dogs off leash "
  • Clay Cannady
    "Dog owners are in the majority, they are generally respectful and the dogs are most welcome. There are few if any incidents, owners take responsibility, and outdoor access plays an important part."
  • Trulia User
    "Lots of dogs live here and everyone picks up after their animals and it’s very well kept. Great place!"
  • Pamgem62
    "Dog walkers are frequently on Green Bay but people without dogs are wary. Not everyone says “Hello” but feel safe on road. "
  • Ekmillerlaw
    "I’ve been in Lake Forest for over 30 years. Wonderful community, my kids got great educations, safe and beautifully cared for."
  • Bbalais
    "I’ve lived in this neighborhood for a year and it’s been great. Close to the Metra so it’s easy to get downtown. The people are friendly and it’s a cute little town. I love the beach, the parks and the bike trail."
  • Jimmy
    "Its a really clean neighborhood. It’s a nice safe neighborhood to walk around but it’s so expensive to live there."
  • Jk
    "My neighborhood in Lake Forest is very friendly, very quiet, lots of trees and grass and other green spaces."
  • Steve M. .
    "I’ve list in the neighborhood 26 years and walked the dogs every day, met many friendly people . The trees and landscaping in the area are beautiful "
  • Catherinemary924
    "Lake Forest is a dream town to live in. The schools and activities are excellent. The only downside is that one must have a lot of money to buy a home here, and children can be overly indulged. The town is beautiful and safe, but it does not have much diversity. Education and sports are top priorities."
  • Catherinemary924
    "Tree lighting in Market Square, Lake Forest Day, parade, flags line street for every holiday, music in the square, Bonfire and Bagpipes, many others."
  • Lydia C.
    "Lake Forest has open access to nature including the beach at Lake Michigan and Open Lands as well as Maureen trees."
  • Lakeforestmama
    "4th of July celebration, annual Christmas tree / downtown holiday lighting, beautiful lake front, quaint downtown and independent shops"
  • Steve M.
    "Everyone talks to the dog walkers. This help create a real neighborhood. Plus it’s good exercise for both the dog and the owner "
  • Steve M.
    "This is the most dog friendly neighborhood in our town. Neighbors stop and talk to us whenever we walk our dog "
  • Steve M.
    "20 makes minute drive to the small town where I have a store, a pleasant drive with winding streets , forests of trees and historic architecture "
  • Zma453
    "Not too many from outside the neighborhood come into the town. Retail surrounds the area keeping traffic out. "
  • Sogilmore
    "Lake front park, large lots, old growth tree lines streets , clean bucolic neighborhood, great schools "
  • Lydia C.
    "The abundance of beautiful trees and the close proximity to Lake Michigan make Lake Forest a special place to call home."

LGBTQ Local Legal Protections

Frequently asked questions about 550 Stable Ln

  • What is 550 Stable Ln estimated to be worth?
    Trulia's estimated value for 550 Stable Ln in Lake Forest, IL is $2,525,100.
  • What is the price history for 550 Stable Ln?
    550 Stable Ln in Lake Forest, IL last sold for $1,550,000 in August 2016.
  • Is Lake Forest a buyer's or seller's market?
    Lake Forest is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Lake Forest?
    Residents describe Lake Forest, IL as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Lake Forest, IL.
  • Does 550 Stable Ln have air conditioning?
    Yes, 550 Stable Ln in Lake Forest, IL has air conditioning.
  • How big is the lot at 550 Stable Ln?
    The lot at 550 Stable Ln in Lake Forest, IL is about 2.2 acres.

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