$1,100,000

28951 Forest Lake Lane, Libertyville, IL 60048

Active
5 beds 4.5 baths 3,508 sqft (estimated) Built 1997 Residential MLS #MRD12737902 13 days on market
Listing courtesy of RE/MAX City · 773-775-0600 · MLS #MRD12737902 · Status: Active
This remarkable architectural gem offers a rare balance of sophistication, comfort, and tranquility. Lakefront Luxury Estate with Resort-Style Amenities: an extraordinary custom-built lakefront home where luxury, privacy, and resort-style living come together in perfect harmony. For your peace of mind, the seller made several major improvements to the property last month, including a BRAND-NEW CEDAR ROOF, some new windows, a new retention wall, updated lighting throughout the house, a new kitchen backsplash, a new refrigerator, freshly painted, etc. This exceptional 4-bedroom + 2 in the basement and 4.1 baths residence offers breathtaking water views, elegant architecture, and thoughtfully designed spaces for both grand entertaining and everyday comfort. The timeless oyster-white brick exterior opens to beautifully landscaped grounds that feel like a private retreat. Enjoy unforgettable outdoor living with a sparkling heated in-ground swimming pool, expansive entertainment patio, and a charming lakeside gazebo-perfect for relaxing while overlooking tranquil water views. The property also features a private dock with paddle boats and a mini-golf area, creating a one-of-a-kind backyard experience. Inside, natural light fills the spacious open floor plan, highlighting refined finishes and warm, inviting living spaces. The gourmet kitchen with custom cabinetry is designed for both everyday living and entertaining, while two elegant gas fireplaces add comfort and ambiance throughout the home. The fully finished lower level offers exceptional additional living space, including two bedrooms, a full bathroom, and a large game and recreation room-ideal for guests, extended family, or private entertainment. Modern upgrades ensure convenience and peace of mind, including a tankless water heater (installed in 2020), a whole-home water filtration system, upgraded 220-amp electrical service, and dual sump pumps. From morning coffee overlooking the lake to evenings spent poolside or entertaining by the water, this remarkable residence offers a lifestyle rarely found. More than a home-this is a private lakefront sanctuary designed for luxury living.

Property details

Interior

Appliances
Microwave, Range, Dishwasher, Refrigerator
Interior features
Vaulted Ceiling(s)
Flooring
Hardwood
Fireplaces
2
Fireplace details
Gas Log, Gas Starter
Basement
Finished, Full, Daylight
Laundry
Gas Dryer Hookup, Electric Dryer Hookup, Common Area
Additional rooms
Foyer, Office, Family Room, Game Room, Exercise Room, Utility Room-1st Floor, Bedroom 5
Total rooms
13

Building & exterior

Age
26-30 Years
Exterior
Brick, Cedar
Exterior features
Lighting
Roof
Shake
Foundation
Brick/Mortar, Concrete Perimeter
Patio & porch
Deck, Patio
Other structures
Gazebo
Exposure
West

Parking

Garage spaces
3
Total spaces
8
Parking details
Asphalt, Garage Door Opener, Carport, Yes, Garage Owned, Attached, Driveway, Garage

Lot & location

Lot dimensions
162x85x183x83
Lot description
Landscaped
Township
Libertyville
County
Lake
Waterfront
Yes

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Lake Michigan, Public
Sewer
Public Sewer
Electricity
Circuit Breakers, 200+ Amp Service
Equipment
Ceiling Fan(s)

HOA & community

Assessment
$60 / monthly
Assessment includes
Lake Rights, Other
Community features
Pool, Lake, Dock, Water Rights, Street Paved, Sidewalks

Schools

Elementary
Rondout Elementary School (72)
Junior high
Rondout Elementary School (72)
High school
Libertyville High School (128)

Taxes & terms

Annual taxes
$19,288 (2025)
Parcel number (PIN)
11231020200000
PIN
11231020200000
Ownership
Fee Simple
Possession
Closing, Immediate
Special conditions
List Broker Must Accompany
Listed
8/20/2026

Rooms

RoomSizeLevelFlooring
Foyer14X12Main
Office12X14Main
Family Room - Down12X12Lower
Game Room22X22Lower
Exercise Room10X12Main
Utility Room-1st Floor4X6Main
Bedroom 514X14LowerTile
Bedroom 212X12Second
Bedroom 313X14Second
Bedroom 413X14Second
Dining Room12X15MainCeramic Tile
Family Room20X10BasementCeramic Tile
Kitchen15X28Main
Laundry6X12MainCeramic Tile
Living Room13X23MainCeramic Tile
Master Bedroom15X25Second

What would this home cost per month?

Using this listing's actual tax bill (2025) and actual HOA assessment — 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.

Recently sold nearby

AddressBeds / BathsSoldPrice
14436 Greenfield Court 5 bd / 3.5 ba Sep 2025 $1,040,000
14355 Spring Meadow Court 4 bd / 3.5 ba Jan 2026 $702,500
14335 Spring Meadow Court 4 bd / 2.5 ba Aug 2026 $760,000
14942 W Rockland Road 4 bd / 2.5 ba Jun 2026 $750,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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