Rare opportunity for the last remaining vacant lot in Meadowood Park Subdivision, comprising 10 exclusive properties. On a tranquil tree-lined drive, truly shining in the summer months, feeling very much like your own private & serene nature conservancy on a picturesque pond (idyllic at sunset). 1.1 acres (46,580 sq ft) of premium land to build your custom home, including city easements (conservation forest, pond detention basin, drainage, public utilities). Located within short distance to beautiful Meadowood Park...Lake Forest Open Lands' Mellody Farm Nature Preserve (LFOLA's Cattails & Cocktails Spring celebration!)...Lake Forest Open Lands' Middlefork Farm Nature Preserve, featuring a spectacular Oak/Hickory Savanna (LFOLA's Bagpipes & Bonfire Fall celebration!)...Elawa Farm Foundation (Fri/Sat Garden Market in Spring/Summer/Fall!)...Wildlife Discovery Center...Lake County's Middlefork Savanna* Forest Preserve, featuring a 4-mile trail & greenway (perfect for a contemplative or challenging run winding along the North Branch Chicago River!). For the cycling enthusiast, the property links directly to the North Shore & Skokie Valley bike paths. *a rare 100-acre tallgrass savanna featuring a mix of oak savanna and woodlands, wet and mesic prairies, sedge meadows and marshes Keen to exit a 21yr investment to a motivated buyer; perhaps, a growing family currently in the city looking to build their dream home & life in Lake Forest, a local architect/builder imagining a signature portfolio project, or a current Meadowood Park Subdivision neighbor. Offer price ($17/sq ft) based on recent comparable^ Lake Forest vacant lot sales and current market pricing: 1205 Acorn Trail ($16/sq ft), 1131 Turicum Road ($14/sq ft), 1101 Jensen Drive ($20/sq ft), 1615 W Broadland Lane ($18/sq ft). ^similarly valued neighboring homes as 9 residences in Meadowood Park Subdivision Parcel purchased in April 2000 for $585k~. Since purchase, $170k~ taxes paid as land carrying cost investment in Lake Forest's special community. As a 22yr resident of Lake Forest (Meadowood Park Subdivision & Conway Farms), will be excited to connect about the opportunity!
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For more information about 1241 Ash Lawn, Lake Forest, IL 60045 contact Corcoran Urban Real Estate.
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Listing provided by Herve F. Barbera
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