$1,350,000

1200 S Patrick Lane, Palatine, IL 60067

Active
3 beds 3.5 baths 4,000 sqft (builder) Residential MLS #MRD12659344 27 days on market
Listing courtesy of HomeSmart Connect LLC · 847-495-5000 · MLS #MRD12659344 · Status: Active
Proposed new construction in prestigious Peregrine Lake Estates on one of Palatine's most exceptional lots. This rare wooded homesite backs to peaceful Peregrine Lake and offers a stunning lake-view walkout setting, creating a beautiful private backdrop for your dream home. The proposed plan offers approximately 4,000 square feet with 3 bedrooms, 2 studies, 3.5 baths, a brick front elevation, and a gorgeous walkout basement designed to take full advantage of the lake views. The thoughtfully designed floor plan features 10-foot ceilings on the first and second floors, a first-floor den, spacious living areas, a gourmet kitchen, generous bedroom suites, walk-in closets throughout, and decks off both the first floor and primary bedroom. Additional features include a four-floor shaft/closet layout sized for a future or optional elevator, 10-foot ceilings in the unfinished walkout basement, and stairs to unfinished attic storage with the option to finish approximately 600 square feet of additional living space. Builder can modify the plan to suit your needs, giving you the flexibility to personalize the home, layout, and finishes. Located within the Fremd High School district and close to Harper College, Deer Grove Forest Preserve, Deer Park shopping and dining, downtown Palatine restaurants, and convenient access to I-90 and Route 53. A rare opportunity to create a custom new-construction home on a wooded lake-view walkout lot in one of Palatine's most desirable communities.

Property details

Interior

Basement
Unfinished, Full, Walk-Out Access
Additional rooms
Office, Library, Loft, Sitting Room, Foyer
Total rooms
10

Building & exterior

Age
NEW Proposed Constru
Exterior
Vinyl Siding, Brick
Roof
Asphalt
Foundation
Concrete Perimeter
New construction
Yes
Exposure
East

Parking

Garage spaces
3
Total spaces
3
Parking details
Asphalt, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
137 x 54 x 102 x 93 x 96
Lot description
Water Rights, Wooded, Rear of Lot
Township
Palatine
County
Cook
Waterfront
Yes
Water body
PEREGRINE LAKE

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Lake Michigan, Public
Sewer
Public Sewer

HOA & community

Assessment includes
None
Community features
Lake, Street Paved

Schools

Elementary
Hunting Ridge Elementary School (15)
Junior high
Plum Grove Middle School (15)
High school
Wm Fremd High School (211)

Taxes & terms

Annual taxes
$2,118 (2023)
Parcel number (PIN)
02284040110000
PIN
02284040110000
Ownership
Fee Simple
Possession
Closing
Special conditions
Standard
Listed
5/28/2026

Rooms

RoomSizeLevelFlooring
Office8X13SecondCarpet
Library13X16MainHardwood
Loft10X12SecondCarpet
Sitting Room13X8SecondCarpet
Foyer9X18MainHardwood
Bedroom 212X15SecondCarpet
Bedroom 312X15SecondCarpet
Bedroom 4N/A
Dining Room12X13MainHardwood
Family Room16X25MainHardwood
Kitchen15X15MainHardwood
Laundry8X11MainCeramic Tile
Living RoomN/A
Master Bedroom13X17SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2023) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

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

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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