A Rare Opportunity awaits in one of Lake Forest’s most coveted historic subdivisions. With all the hard work already completed – architectural drawings, drainage and grading plans, and permits secured at the Village – this exceptional 1.1-acre parcel is truly ready for construction. Nestled within the exclusive Meadowood Park Subdivision, this distinguished 10-lot community is anchored by the iconic “Rookwoods” estate, masterfully designed by the renowned 19th-century architectural firm Pond and Pond. Conveniently located with easy access to every amenity Lake Forest has to offer, this parcel presents an extraordinary canvas for your custom luxury home. A tranquil aerated pond graces the front of the lot, offering a serene and picturesque setting. The property is suited for construction with a conservation easement, preserving the sweeping views of the surrounding tallgrass savanna for generations to come. Nature lovers will appreciate the direct proximity to Lake Forest Open Land’s Mellody and Middlefork Farm Nature Preserves – a true sanctuary just steps away. This is more than a lot — it is a legacy opportunity in one of the North Shore’s most treasured communities. Architectural plans and 3-D renderings are @ Shaped Architecture. All Rights Reserved. Unauthorized use prohibited.
Property Details
Price:
$750,000
MLS #:
MRD12645009
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Meadowood
Neighborhood:
lakeforest
Listed Date:
May 13, 2026
See this Listing
Schools
School District:
115
High School:
Lake Forest High School
Interior
Exterior
Financial
Tax Year
2024
Taxes
$8,295
Map
Community
- Address1241 Ash Lawn Drive Lake Forest IL
- SubdivisionMeadowood
- CityLake Forest
- CountyLake
- Zip Code60045
Market Summary
Current real estate data for Land in Lake Forest as of Jun 19, 2026
17
Land Listed
164
Avg DOM
$1,141,053
Avg List Price
Property Summary
- Located in the Meadowood subdivision, 1241 Ash Lawn Drive Lake Forest IL is a Land for sale in Lake Forest, IL, 60045. It is listed for $750,000 and features 1 acres.
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Copyright 2026. All rights reserved.
1241 Ash Lawn Drive
Lake Forest, IL


