Incredible OPPORTUNITY to own this spectacular lakefront property on Diamond Lake in Mundelein. Experience total relaxation from your master suite walk out balcony with a home that blends luxury, elegance, and a sleek design with the wonders of nature. This house is a perfectly situated hillside home with 180 degree lake views from each level and has over 3,000 sq. ft. of beautifully refinished space across multiple levels of living. Tons of natural light allows you to enjoy gorgeous views and the natural tranquility that Diamond Lake has to offer. The extensive bluff development of the recently updated home with its gorgeous refinished hardwood flooring, new roof late 2021 with solar panels, brand new wrap around wooden patio with ample entertainment space is truly extraordinary! Inside the home boasts 4 bedrooms, 3 bathrooms, a stunning new gourmet kitchen with top of the line finishes and a breakfast bar, high-end appliances, lots of cooking space and cabinet storage, large custom windows that provide breath-taking views of Diamond Lake, and a spacious dining room for lasting memories. In the basement you'll find a huge family room with a natural stone wood burning fireplace and full amenity wet bar. Also in the same area is a recreational room that offers plenty of space for all your media entertainment needs as well as a separate laundry area. The TWO 1.5-car garages and driveway space provides parking for 5+ vehicles as well. Property is adjacent to the neighborhood park, just minutes to Diamond Lake Park District with beach and park/playground, restaurants, shopping, Metra and boat/kayak launch. 527 S. Prairie is a bluff-top oasis which has gone through a miraculous makeover from inside out - completely updated to blend into its surroundings while providing comfort, luxury, thoughtful functionality, and the best lake views in the suburbs! Absolute perfection. Move right in and enjoy all that this magnificent home has to offer! Property is also available for rent; schedule your private showing today!