499 W Old Mill Road
Lake Forest, IL, 60045
$4,700,000
4 Beds
7 Baths
5,576 SqFt
9.62 Acres
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MLS #MRD12628867 image #0
This sprawling Tudor style estate is nestled on nearly 10 enchanting acres. Fully fenced, this amazing property borders a public prairie reserve that has been restored to and beyond the historic Jens Jensen design. The grounds are the design pallet that has created award winning gardens across the entire North-Shore and Wisconsin. Featuring a butterfly garden, an organic potager garden, orchard, vineyard, sprawling lawns, and a stocked fishing and water lily pond. The homes interior has been masterfully decorated and restored to its century old elegance. From the original unique ceiling moldings to the Walnut paneling and bookcases this home is beyond compare. The living room features 10 foot ceilings and is perfectly scaled for entertaining and gathering with family and special friends. The elegant dining room with fireplace and leaded glass windows make seasonal dining inside a very special occasion. Across the marble foyer from the dining room is a Southern facing Cypress paneled library that takes full advantage of the properties fabulous vistas and natural light. Altounian builders expertly crafted the chef’s kitchen outfitted with fabulous white shaker cabinets, top-of-the-line appliances and exceptional details and finishes. Adjoining the kitchen via the pool breezeway is the bright and airy family room with seamless access to the terrace, a sleek fireplace and a custom bar, as well as access to a pool bathroom. Above the four car garage is a vaulted ceiling three room in-law suite, with full bath, currently being used as an exercise room, yoga studio and craft space. On the 2nd level you will find four beautiful en-suite bedrooms and baths, including the spacious primary suite with luxurious bath and enormous closet. Venture outdoors and enjoy your own private oasis. The entertainment area revolves around a pool and spa, an outdoor fireplace, multiple gathering areas with seating for thirty, and a pergola dining terrace, featuring an all stainless steel kitchen that can easily accommodate twelve – all working in perfect harmony to create an unparalleled al fresco dining experience. Offering almost 6,000 square feet of living space and a one-of-a-kind outdoor haven this home has been crafted to meet your every need – indoors and out. Horses are allowed, and there is the possibility to also subdivide the property.

Property Details

Price:
$4,700,000
MLS #:
MRD12628867
Status:
Active
Beds:
4
Baths:
7
Type:
Single Family
Neighborhood:
lakeforest
Listed Date:
Apr 27, 2026
Finished Sq Ft:
5,576
Year Built:
1935
TudorPoolLake ForestLakeforestEverett Elementary SchoolDeer Path Middle SchoolLake Forest High School

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Schools

School District:
115
Elementary School:
Everett Elementary School
Middle School:
Deer Path Middle School
High School:
Lake Forest High School

Interior

Appliances
Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Water Purifier Owned, Humidifier
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air
Fireplaces Total
3
Flooring
Hardwood
Heating
Natural Gas
Interior Features
Cathedral Ceiling(s), Wet Bar, In-Law Floorplan, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk
Laundry Features
Upper Level, Sink

Exterior

Architectural Style
Tudor
Community Features
Lake, Street Paved
Construction Materials
Stucco
Exterior Features
Hot Tub, Dog Run, Outdoor Grill, Fire Pit
Fencing
Fenced
Garage Spaces
4
Other Structures
Dog Kennel, Outdoor Kitchen, Pergola, Garage(s)
Parking Features
Heated Garage, Yes, Garage Owned, Attached, Owned, Garage
Parking Spots
10
Parking Total
10
Patio And Porch Features
Patio, Porch
Roof
Shake

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$44,788

Map

Community

Market Summary

Current real estate data for Single Family in Lake Forest as of May 15, 2026
82
Single Family Listed
69
Avg DOM
457
Avg $ / SqFt
$2,338,912
Avg List Price

Property Summary

    499 W Old Mill Road Lake Forest IL is a Single Family for sale in Lake Forest, IL, 60045. It is listed for $4,700,000 and features 4 beds, 7 baths, and has approximately 5,576 square feet of living space, and was originally constructed in 1935. The current price per square foot is $843. The average price per square foot for Single Family listings in Lake Forest is $457. The average listing price for Single Family in Lake Forest is $2,338,912.

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