$539,999

316 Cedar Ridge Drive, Lake Villa, IL 60046

Active

5 beds 2.5 baths 3,312 sqft (assessor) Built 2003 Residential MLS #MRD12762134 2 days on market

Listing courtesy of Coldwell Banker Realty · 847-362-7300 · MLS #MRD12762134 · Status: Active

Stunning 5-bedroom, 2.5-bathroom, 2-story home is located in the Cedar Ridge Estates neighborhood.This spacious, thoroughly updated, w/ ample natural light offers an "HGTV vibe" throughout the entire living space. Grand 2-Story foyer greets you with a inviting open floorplan- sitting room and living room w/ cozy electric fireplace and hardwood floors. Oversized kitchen with ample cabinets and counter space featuring double oven, new cooktop and refrigerator opens to soaring 2-story family room with floor to ceiling stone fireplace is perfect for relaxing during the cold winter months. Dinning room with wall of windows and nature views as the perfect backdrop for your gatherings. The second floor features 4 bedrooms and two full baths, including a spacious primary suite w/ gorgeous accent wall, a large walk-in closet and updated bathroom. The first-floor laundry room and spacious 3 car garage.The partially finished basement with a 5th bedroom allows for additional flex space to expand in the future. Enjoy your own private oasis professionally landscaped yard w/ a fenced-in oversized brick paver patio and views of the pond. This home is a must-see! Sold "As Is".

Property details

Interior

Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
Interior features: Cathedral Ceiling(s), Walk-In Closet(s)
Flooring: Hardwood
Fireplaces: 1
Fireplace details: Attached Fireplace Doors/Screen, Electric, Gas Log, Gas Starter
Basement: Partially Finished, Full
Laundry: Main Level, Gas Dryer Hookup, In Unit
Additional rooms: Sitting Room, Bedroom 5, Foyer, Pantry, Walk In Closet
Total rooms: 10

Building & exterior

Style: Traditional
Age: 21-25 Years
Exterior: Vinyl Siding, Stone
Roof: Asphalt
Foundation: Concrete Perimeter
Windows: Screens
Patio & porch: Patio
Exposure: West

Parking

Garage spaces: 3
Total spaces: 3
Parking details: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions: 123X92X125X61
Lot description: Landscaped
Township: Lake Villa
County: Lake

Utilities

Heating: Natural Gas, Forced Air, Zoned
Cooling: Central Air, Zoned
Water: Lake Michigan
Sewer: Public Sewer
Electricity: Circuit Breakers

HOA & community

Assessment: $45 / monthly
Assessment includes: None
Community features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

Elementary: Olive C Martin School (41)
Junior high: Peter J Palombi School (41)
High school: Grant Community High School (124)

Taxes & terms

Annual taxes: $12,338 (2025)
Parcel number (PIN): 06084160090000
PIN: 06084160090000
Ownership: Fee Simple
Possession: Closing
Special conditions: None
Listed: 9/17/2026

Rooms

Room	Size	Level	Flooring
Sitting Room	12X11	Main
Bedroom 5	12X14	Main	Laminate
Foyer	16X7	Basement	Ceramic Tile
Pantry	6X4	Main
Walk In Closet	9X8	Second
Bedroom 2	16X12	Second	Carpet
Bedroom 3	12X12	Second	Carpet
Bedroom 4	12X12	Second	Carpet
Dining Room	13X12	Main	Hardwood
Family Room	18X16	Main	Carpet
Kitchen	26X12	Main	Ceramic Tile
Laundry	10X5	Main
Living Room	16X12	Main	Hardwood
Master Bedroom	19X14	Second	Carpet

What would this home cost per month?

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

Price

Down payment %

Rate %

Term (years)

Taxes ($/yr)

Insurance ($/mo)

HOA ($/mo)

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

Estimated monthly payment

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.

🏠 This home is in Cedar Ridge Estates — see the community's listings, sold prices, and market stats.

Location

Flip to Satellite to see exactly what the home backs up to — and drag the Street View figure onto the road to walk the block.

Recently sold nearby

Address	Beds / Baths	Sold	Price
308 Cedar Ridge Drive	4 bd / 3.5 ba	Jul 2026	$525,000
325 CEDAR RIDGE Drive	4 bd / 2.5 ba	Mar 2026	$508,000
330 Greenview Lane	4 bd / 2.5 ba	Nov 2025	$438,000
1122 Waverly Drive	4 bd / 2.5 ba	Feb 2026	$435,000

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

Similar homes nearby

$574,750

5 bd · 2.5 ba · 3,846 sqft

1223 Beverly Drive, Lake Villa, IL 60046

$434,750

3 bd · 2 ba · 1,950 sqft

306 Greenview Lane, Lake Villa, IL 60046

$540,000

4 bd · 3.5 ba · 2,671 sqft

1133 Wilshire Lane, Lake Villa, IL 60046

Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

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

Based on information submitted to the MLS GRID as of 2026-09-18 13:58:04. 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. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.