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$1,850,000   Price Analysis
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1951 Merritt Ln
Lake Forest, IL 60045
6 bed 7 bath 5,895 SqFt ($313/SqFt)
1.25 acre lot. Built 1994
Listed 2024-05-02, Taxes $33,442
Ⓧ USDA Ineligible
due to price & location

near Lake Forest

Contemporary Price!

Nestled at the end of a quiet cul-de-sac, this majestic traditional brick residence stands as a testament to timeless elegance. Offering an expansive 5, 895 square feet of living space, this home boasts 6 bedrooms and 6.1 bathrooms, all set on an immaculate 1.25-acre pa rcel adorned with meticulously manicured landscaping and a welcoming circular driveway. As you step through the entrance, the foyer unfolds to reveal an exquisite curved staircase, complemented by gleaming hardwood floors, soaring ceilings and pleasing millwork. This property offers a host of distinctive features, including an enchanting living room with a charming fireplace and a sophisticated library with French doors. A formal dining room, complete with a butler's pantry, sets the stage for memorable gatherings. The heart of the home, the family room, is adorned with a distressed limestone fireplace and a convenient wet bar.

This space effortlessly flows into the kitchen, where recently painted cabinetry, granite countertops, a central island with a breakfast bar and top-tier stainless steel appliances come together to create a culinary haven. The laundry room has the added attraction of a dog wash station. For guests or multi-generational living, a private first-floor bedroom with a full bathroom is situated off the 3-car garage and back staircase. The second floor features 5 bedrooms and 4 full bathrooms, including the sizeable primary suite with sitting area, walkout Juliet balcony, luxurious bathroom and walk-in closets. The lower level offers an extra 1, 000 square fet of beautifully finished space, comprising a recreation room, an exercise room, a game room, second laundry room and an additional full bathroom, along with plenty of storage options. Outside, relish in the privacy and seclusion of this property, surrounded by mature trees, flourishing perennial gardens and even a putting green. This attractive home has been lovingly maintained and is in impeccable condition with an extensive list of improvements (see list under additional information), including a new roof and gutters (2021) and new mechanicals. Don't miss!


Presented by LISA AND SAMANTHA TRACE at
@properties Lake Forest.
Listing Agent Photo

Property MLS #12045357 from MRED

Bedrooms: 6
Bedrooms Possible: 6
Primary Bedroom Dimensions: 19 x 26
Bedroom 2 Dimensions: 19 x 16
Bedroom 3 Dimensions: 19 x 14
Bedroom 4 Dimensions: 17 x 22
Bedroom 5 Dimensions: 10 x 16
Bedroom 6 Dimensions: 33 x 19
Primary Bedroom Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Main
Bedroom 6 Level: Second

Total Rooms: 12
Bedroom 5, Bedroom 6, Exercise Room, Recreation Room, Mud Room, Storage, Other Room
Storage: 33 x 42
Storage Level: Basement
Other Room: 15 x 11
Other Room Level: Basement
Laundry: 11 x 9
Laundry Level: Main
Basement Features: Full
Exercise Room Dimensions: 12 x 17
Family Room Dimensions: 23 x 23
Game/Recreation Room Dimensions: 34 x 42
Living Room Dimensions: 23 x 27
Mud Room Dimensions: 7 x 12
Exercise Room Level: Basement
Family Room Level: Main
Game/Recreation Room Level: Basement
Living Room Level: Main
Mud Room Level: Main
Basement Description: Finished

Total Bathrooms: 7
Full Bathrooms: 6
1/2 Bathrooms: 1

Vaulted/Cathedral Ceilings
Hardwood Floors
First Floor Bedroom
First Floor Laundry
First Floor Full Bath
Walk-In Closet(s)
Ceiling - 9 Foot

Cooling Features: Central Air
Fireplace Features: Gas Log, Gas Starter
Heating Features: Natural Gas
Number of Fireplaces: 2

Dining Area Dimensions: 15 x 19
Dining Area Level: Main
Kitchen Dimensions: 22 x 15
Kitchen Level: Main

Patio

Driveway: Asphalt, Circular
Garage Spaces: 3
Garage Description: Attached
Garage Features: Garage Door Opener(s)
Parking Total: 3

Lot Size Acres: 1.25
Lot Size Square Feet: 54450

Elementary School: Everett Elementary School
High School: Lake Forest High School
High School District: 115

Everett Elementary School is a public elementary school located approximately 0.8 miles away.
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Deer Path Middle School West is a public middle school located approximately 3.3 miles away.
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Lake Forest High School is a public high school located approximately 4.5 miles away.
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Classroom Connection Day School is a private elementary, middle and high school located approximately 0.5 miles away.
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Annual Tax Amount: 30924.74
Source Listing Status: Active
County: Lake
Directions: Everett Rd then S on Telegraph Rd to Arbor, W to Merritt
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 16182010050000
Township: West Deerfield
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$415,434 + $158,336
$573,770
$33,442
2020$416,308 + $158,669
$574,977
$32,574
2019$415,601 + $158,400
$574,001
$31,496
2018$363,623 + $167,892
$531,515
$27,705
2017$362,463 + $167,356
$529,819
$27,180
2016$348,757 + $161,028
$509,785
$26,353
2015$327,687 + $151,299
$478,986
$26,004
2014$327,687 + $151,299
$478,986
$29,769
2013$386,250 + $152,381
$538,631
$28,913
2012$391,455 + $154,435
$545,890
$27,915
2011$410,761 + $162,051
$572,812
$26,773
2010$452,400 + $177,956
$630,356
$27,233
2009$479,339 + $188,553
$667,892
$26,396
2008$490,372 + $192,893
$683,265
$25,985
2007$617,251 + $187,656
$804,907
$29,908
2006$599,886 + $179,956
$779,842
$29,420

Listing removed 2024-05-03
$0
MRED
Listed 2024-05-02
$1,850,000
MRED
Price Changed 2024-04-25
$1,850,000
MRED
Listed 2024-01-13
$1,950,000
MRED
Listing removed 2023-12-11
$1,950,000
MRED
Listed 2023-10-20
$1,950,000
MRED
Listing removed 2023-10-01
$2,075,000
MRED
Listed 2023-09-06
$2,075,000
MRED
Listing removed 2023-09-06
$2,250,000
MRED
Listed 2023-08-09
$2,250,000
MRED
Sold 2000-02-02
$1,335,000
Public Record
Sold 1991-10-07
$325,000
Public Record

Total Square Feet Living: 5895
Year Built: 1994
Foundation Details: Concrete Perimeter
Property Age: 30
Roof: Shake
Levels or Stories: 2
Architectural Style: Traditional

Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Lake Michigan

Other Equipment: Ceiling Fan(s), Sump Pump, Backup Sump Pump;
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.