$4,700,000

499 W Old Mill Road, Lake Forest, IL 60045

Active
4 beds 5.5 baths 5,576 sqft (assessor) Built 1935 Residential MLS #MRD12628867 37 days on market
Listing courtesy of Jameson Sotheby's International Realty · 312-751-0300 · MLS #MRD12628867 · Status: Active
This sprawling Tudor style estate is nestled on nearly 10 enchanting acres. Fully fenced, this amazing property borders a public prairie reserve that has been restored to and beyond the historic Jens Jensen design. The grounds are the design pallet that has created award winning gardens across the entire North-Shore and Wisconsin. Featuring a butterfly garden, an organic potager garden, orchard, vineyard, sprawling lawns, and a stocked fishing and water lily pond. The homes interior has been masterfully decorated and restored to its century old elegance. From the original unique ceiling moldings to the Walnut paneling and bookcases this home is beyond compare. The living room features 10 foot ceilings and is perfectly scaled for entertaining and gathering with family and special friends. The elegant dining room with fireplace and leaded glass windows make seasonal dining inside a very special occasion. Across the marble foyer from the dining room is a Southern facing Cypress paneled library that takes full advantage of the properties fabulous vistas and natural light. Altounian builders expertly crafted the chef's kitchen outfitted with fabulous white shaker cabinets, top-of-the-line appliances and exceptional details and finishes. Adjoining the kitchen via the pool breezeway is the bright and airy family room with seamless access to the terrace, a sleek fireplace and a custom bar, as well as access to a pool bathroom. Above the four car garage is a vaulted ceiling three room in-law suite, with full bath, currently being used as an exercise room, yoga studio and craft space. On the 2nd level you will find four beautiful en-suite bedrooms and baths, including the spacious primary suite with luxurious bath and enormous closet. Venture outdoors and enjoy your own private oasis. The entertainment area revolves around a pool and spa, an outdoor fireplace, multiple gathering areas with seating for thirty, and a pergola dining terrace, featuring an all stainless steel kitchen that can easily accommodate twelve - all working in perfect harmony to create an unparalleled al fresco dining experience. Offering almost 6,000 square feet of living space and a one-of-a-kind outdoor haven this home has been crafted to meet your every need - indoors and out. Horses are allowed, and there is the possibility to also subdivide the property.

Property details

Interior

Appliances
Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Water Purifier Owned, Humidifier
Interior features
Cathedral Ceiling(s), Wet Bar, In-Law Floorplan, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk
Flooring
Hardwood
Fireplaces
3
Fireplace details
Gas Log, Decorative
Basement
Unfinished, Full
Laundry
Upper Level, Sink
Additional rooms
Atrium, Library, Exercise Room, Loft, Recreation Room, Foyer, Walk In Closet
Total rooms
12

Building & exterior

Style
Tudor
Age
91-100 Years
Exterior
Stucco
Exterior features
Hot Tub, Dog Run, Outdoor Grill, Fire Pit
Roof
Shake
Patio & porch
Patio, Porch
Other structures
Dog Kennel, Outdoor Kitchen, Pergola, Garage(s)
Exposure
South

Parking

Garage spaces
4
Total spaces
10
Parking details
Heated Garage, Yes, Garage Owned, Attached, Owned, Garage

Lot & location

Lot dimensions
1000 X 435
Township
West Deerfield
County
Lake

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Lake Michigan
Sewer
Public Sewer
Electricity
200+ Amp Service
Equipment
TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sprinkler-Lawn

HOA & community

Assessment includes
None
Community features
Lake, Street Paved

Schools

Elementary
Everett Elementary School (67)
Junior high
Deer Path Middle School (67)
High school
Lake Forest High School (115)

Taxes & terms

Annual taxes
$44,788 (2024)
Parcel number (PIN)
16171000060000
PIN
16171000060000
Ownership
Fee Simple
Possession
Closing
Special conditions
List Broker Must Accompany
Listed
4/27/2026

Rooms

RoomSizeLevelFlooring
Atrium12X5MainStone
Library17X15MainHardwood
Exercise Room19X18SecondHardwood
Loft13X11SecondHardwood
Recreation Room23X19SecondHardwood
Foyer21X7MainMarble
Walk In Closet18X14SecondHardwood
Bedroom 217X15SecondHardwood
Bedroom 317X15SecondHardwood
Bedroom 412X10SecondHardwood
Dining Room21X20MainHardwood
Family Room23X18MainStone
Kitchen24X21MainHardwood
Laundry12X10SecondHardwood
Living Room35X21MainHardwood
Master Bedroom21X14SecondHardwood

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

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Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

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