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17144 W Yearling Lane
Wadsworth, IL 60083
Lisa Wolf with Keller Williams North Shore West, original listing - (847) 383-6600
$1,399,900
Conventional
Property
Bedroom
7
Bathroom
Full: 7, ½: 2
Property Type
Conventional
Square ft
7283 Square Feet
Property Description
Your Dream Home Awaits in Hunt Club Farms! Prepare to fall in love with this spectacular 7-bedroom, 7.2-bathroom estate, nestled on over 8 meticulously manicured acres in the sought-after Hunt Club Farms neighborhood. This isn't just a house-it's an elevated lifestyle, offering luxury, comfort, and functionality. With more than 9,500 square feet of finished living space, including over 7,300 square feet above grade, this estate is the epitome of grandeur, ideal for both entertaining and everyday living. As you approach this stunning property, you are greeted by an impressive circular brick driveway that leads you to a 6-car heated garage, perfect for car enthusiasts and hobbyists alike. Step inside the grand two-story foyer, bathed in natural light, where you will immediately feel the warmth and elegance that defines the home. The formal living room, complete with a stately fireplace, creates a cozy yet refined atmosphere. Adjacent to the living room is a formal dining area featuring custom wainscoting, offering the ideal setting for memorable dinner parties. The spacious family room boasts a dramatic stone fireplace and expansive windows, providing breathtaking views of the backyard and offering a perfect gathering place for family and friends. At the heart of the home is the kitchen-a true chef's paradise! A massive center island, Sub-Zero fridge, double ovens, six-burner cooktop, and beautiful stone backsplash create the perfect culinary space for anyone who loves to cook. The main level also includes a luxurious private bedroom suite with an office, offering a peaceful retreat for guests or in-laws with direct access to your very own backyard oasis. The main floor features convenient amenities such as a spacious mudroom and a well-appointed laundry room. The 2nd level boasts 5 bedrooms. The primary suite is nothing short of spectacular. This spacious retreat features beautiful hardwood floors, a private balcony, and a cozy fireplace, creating the perfect sanctuary to unwind after a long day. The newly remodeled spa-like bathroom is a dream come true, complete with a soaking tub, Kohler fixtures, glass-enclosed shower, dual vanity and heated floors. Three additional suites, each with their own private updated baths with heated floors & Kohler fixtures, provide ample space for family or guests. A fifth bedroom or office with access to the lower level adds even more flexibility to this already impressive floor plan. Looking for even more space? Head to the third level where you will find another private suite, ideal for older children or guests, a huge open space to serve as a bedroom, a game room or family room including a wet bar full bath. The finished basement of this estate is a true showstopper. A dedicated theater room with a kitchen/wet bar provides the ultimate entertainment experience while the rec room area with custom built-ins & expansive workout area create the perfect family hangout. Plus, you'll love the amazing bathroom with a double bowl vanity, shower, and a truly exceptional sauna. if that wasn't enough, an additional storage room with a second set of washer & dryer ensures that you have everything you need at your fingertips. Step outside, and your personal resort awaits! Dive into the sparkling in-ground pool, unwind in the waterfall spa, or host an unforgettable outdoor gathering in the fully equipped outdoor kitchen. The screened porch and vast, lush grounds offer serene spaces for both relaxation and entertaining, providing endless possibilities to enjoy the outdoors. Recently built play house too! For those who love to tinker or need additional space, the property's 6-car heated garage provides ample room for vehicles, tools, and toys. Upper attic of 2nd garage just waiting to be finished! With this 8.4 acre Equestrian lot, you can build your barn, bring your horses and take advantage of the 12 miles of scenic bridle trails that meander through Hunt Club Farms! Newer roof, Newer windows & more!!!
Property Information
Lot Size
8 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1986
MLS Number
--
Location
Address
17144 W Yearling Lane
City
Wadsworth
State
IL
Zip Code
60083
County
LAKE (COUNTY NORTH)
Listing
Name
Phone
(847) 383-6600
Office Name
Office Phone
(847) 383-6600
Agent Name
Lisa Wolf
Agency Phone
(847) 383-6600

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.