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Listed by Ryan Cherneyof Circle One Realty

$344,000

Est. payment - /mo

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4 Beds

2 Baths

2,112 SqFt

Active Under Contract

24903 W Oak AVE Lake Villa, IL 60046

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Kimberly Lorvig

kimberly@therootedhomecompany.com +1(630) 534-2473

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $162

Subdivision Petite Lake Highwoods

MLS Listing ID 12692028

Style Bi-Level

Bedrooms 4

Full Baths 2

HOA Fees $220/ann

Year Built 2002

Annual Tax Amount $8,272

Tax Year 2025

Lot Dimensions 72x123x51x134

Property Sub-Type Detached Single

Property Description

Unlock the ultimate Chain O' Lakes lifestyle without the exorbitant waterfront tax burden! Located in the highly sought-after Petite Lake Highwoods community, this expansive 4-bedroom, 2-bathroom raised ranch represents a rare opportunity to secure premium recreational living and top-tier academics. Zoned for the acclaimed Community High School District 117 (Lakes Community High School), this property places your family in one of Lake County's premier educational corridors. The true value of this location lies in its exclusive Boating Advantage. For a nominal $220 annual HOA fee, residents gain coveted lake rights, access to three neighborhood parks, a private community beach, and a private boat launch. Bypass costly private marinas by utilizing the community's annual boat slip rentals. Inside, the home maximizes its footprint across two intelligently designed levels. The main floor features soaring vaulted ceilings, abundant natural light, and a kitchen modernized with elegant granite countertops. The standout architectural feature is the fully finished, walk-out lower level. Serving as a massive secondary living space, this lower tier boasts a sprawling 18x15 recreation room anchored by a cozy gas log fireplace and a built-in bar. Complete with two additional egress-compliant bedrooms, a full bathroom, and a mudroom with direct walk-up exterior access, this level offers unparalleled flexibility for multi-generational living or a premier entertainment zone. Step outside to discover a deep, fully fenced-in yard complete with a private paver patio and mature landscaping. Aggressively priced at its recent certified appraisal value of $354,000, this home provides a rare opportunity to add your own personal touches and make it your own. Schedule your private showing today before it's gone!

Location

State IL

County Lake

Community Park, Lake, Dock, Water Rights, Curbs, Street Lights

Rooms

Basement Finished, Exterior Entry, Full, Walk-Out Access

Interior

Interior Features Vaulted Ceiling(s), Dry Bar, 1st Floor Bedroom, 1st Floor Full Bath

Heating Natural Gas, Electric, Forced Air, Steam

Cooling Central Air

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Gas Log

Fireplace Y

Appliance Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Asphalt

Building

Story Raised Ranch

Foundation Concrete Perimeter

Sewer Public Sewer

Water Well

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Olive C Martin School

Middle Schools Peter J Palombi School

High Schools Lakes Community High School

School District 41, 41, 117

Others

HOA Fee Include Lake Rights,Other

Ownership Fee Simple w/ HO Assn.

Special Listing Condition None

Kimberly Lorvig

Agent License ID: 475.208464

+1(630) 534-2473 | kimberly@therootedhomecompany.com

24903 W Oak AVE Lake Villa, IL 60046

Kimberly Lorvig

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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24903 W Oak AVE