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Detached Single · Lake Villa, IL
$1,450,000
4 beds · 3.5 baths · 5,494 sqft
38856 N Cedar Crest Drive, Lake Villa, IL, 60046
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air2.5-car garageIn-unit laundry
Welcome to this custom-built lakefront home on Petite Lake, offering stunning panoramic views and seamless indoor-outdoor living on a 0.433-acre lot. Rare opportunity to own a lakefront home featuring a walkout lower level with level,easy access to your private pier-no step terrain or exterior stairs, a true standout among lakefront properties. Custom-designed to capture beautiful lake views while enhancing the comfort and ease of lakefront living. The stone-accented exterior features multiple patios, a lakeside deck, and enclosed porches-ideal for entertaining and relaxing. Inside, the two-story great room showcases a floor-to-ceiling fireplace and a wall of windows overlooking the lake. The open-concept kitchen includes a large island, abundant cabinetry, and flows into the dining and living areas. Main-level primary suite features dual walk-in closets, spa-like bath with whirlpool tub and Opulent spa shower with body jets, direct laundry access, and a private three-season porch. Upstairs offers two bedrooms, full bath, and loft. The walkout lower level includes a large recreation room with fireplace, an additional three-season porch, and a fourth bedroom-perfect for guests or extended stays. Recent updates include two Trane furnaces with humidifiers (2024). This turnkey opportunity includes pier, all appliances (including additional lower-level units), TVs with surround sound, outdoor and porch furniture (Lloyd Flanders), pool table, basketball game and gas grill. Opportunities like this-combining level lake access, panoramic views, and a custom designed home-are rarely available on the Chain O'Lakes, let alone Petite Lake. Schedule your private showing today and experience lakefront living at its finest.
— the listing agent’s description

The home

4 beds
3.5 baths
5,494 sqft
Built in 2001
Lot 60 X 297 X 50 X 288
2.5-car garage
Detached Single

What it’ll cost

$264 / sqft
$27,452 taxes / yr
$75/mo HOA
New today

Estimated monthly payment

$10,496/mo
Principal & interest$7,710
Property taxes$2,288
Homeowners insurance$423
HOA dues$75
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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New today
Price history
Listed for sale
Jun 17, 2026
$1,450,000
Earlier records
Listed
May 13, 2026
$1,450,000
Listed
Mar 27, 2026
$1,450,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$27,452/yr
From county records — verify with the assessor.

Features

Central AirZonedNatural GasForced AirSep Heating Systems - 2+CedarStonePublic SewerConcrete
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Larry Fales · Re/Max Advantage
Listing last updated Jun 17, 2026 · data refreshed from the MLS Jun 17, 2026, 6:36 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:36 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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