Lake Bluff Real Estate

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Lake Bluff Real Estate & Homes for Sale in Illinois

Lovely Lake County is home to more than 640,000 residents. While many areas within the county have been transformed into highly developed urban centers, others remain beautiful rural communities. Lake Bluff, Green Oaks, Mettawa and Highwood are perfect examples. Lake Bluff is an enchanting lakefront community located just 35 miles north of downtown Chicago. Home to approximately 6,000 residents, this village encompasses a mere four square miles. The community is perfectly positioned along the tranquil shores of Lake Michigan. Residents have plenty of opportunities for swimming, sailing, biking, playing volleyball or relaxing on the sand. Green Oaks is a charming village located immediately west of Lake Bluff. Home to nearly 3,600 residents, Green Oaks features family-friendly local attractions such as Lambs Farm and the Saddle Hill/Forest Glen Nature Trail. Mettawa is an enchanting equestrian community located just south of Green Oaks. This rural neighborhood is home to a mere 400 residents and is composed primarily of large acreages complemented by spectacular horse properties and reasonably priced country estates. Mettawa offers access to the Lake County Forest Preserve, the Des Plaines River, miles of riding trails and a number of lakes. Highwood is a quiet bedroom community located east of Mettawa and six miles south of Lake Bluff. A short half-mile from Lake Michigan, Highwood offers a peaceful village atmosphere to its 4,000 residents. All four communities have diverse real estate markets, offering homes in a variety of styles, sizes and prices.

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Lake Bluff Real Estate Info - Price Range of Lake Bluff Homes for Sale

Lake County’s real estate market is diverse. Condominiums and townhouses in Lake Bluff start in the mid-$100,000s for two-bedroom units with garages, storage facilities and fireplaces. Prices range up to $400,000 and more for larger units including multi-car garages, basements and patios. Condominiums in Highwood and Green Oaks start in the mid-$200,000s. Prices range up to $600,000 and more for larger three- or four-bedroom units with additional amenities. Single-family detached homes in Lake Bluff, Green Oaks and Highwood start in the mid-$200,000s for three-bedroom colonial and ranch-style properties on smaller lots. These homes include amenities such as fireplaces, basements and landscaped yards. Prices range into the millions for French Provincial, Queen Anne and traditional estate-style homes on large lots. These magnificent multi-level properties boast private entryways, mature gardens, landscaped yards, fireplaces, swimming pools, multi-car garages, patios and balconies. Homes in Mettawa are situated on wooded lots of at least five acres. Prices for large country estates and horse properties start around $400,000 and can range up into the millions. Land is available for custom building.

View Current Rates
-- Aug 27th, 2014 --
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 30 yr. fixed rate: 4.23%
 15 yr. fixed rate: 3.23%
 30 yr. jumbo rate: 4.50%
 15 yr. jumbo rate: 3.69%
Average Prices of 3 Bed Homes
-- Aug 27th, 2014 --
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ERROR -- 2012-09-17 not found --
 2 Years Ago  $502,000
 1 Year Ago  $356,000
 6 Months Ago   $393,000
 1 Month Ago  $585,000
 Today  $585,000



Lake Bluff Real Estate Stats and Trends for the week of August 25th, 2014: homes priced around $584,874 compared to $584,874 the previous week, to remain steady with no change in listing price.  For Wednesday, August 27th, the current national mortgage rate for a 30 year fixed mortgage is 4.24%; the 15 year fixed rate is at 3.23%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.53%, while the 15 year jumbo rate currently is at 3.70%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Lake Bluff IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Lake Bluff to help you find the best home!

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