A six-bedroom, 12,692-square-foot mansion on Lake Michigan in Winnetka was listed on Tuesday for $11.75 million.
Built in 2021 and designed by the Morgante Wilson architectural firm, the mansion has three floors for living including a walkout lower level. It also has six full bathrooms, two half bathrooms, a fireplace in the family room, and steps down to the private beach, all on a 0.75-acre property.
“The beauty of (this house) is that it’s built for today’s living,” listing agent Jena Radnay of @properties Christie’s International Real Estate told Elite Street. “It’s pristine and like-new, so it’s a one-stop shop without having to design and build a house on the lake — it’s all done for you. It’s efficient and it makes great sense for someone that wants to snap their fingers and be in the most beautiful spot on the lake.”
Radnay said the mansion’s first-floor primary bedroom suite is one of the mansion’s most attractive features. The primary suite “is really ideal for people who are designing houses today.” She also noted that because the mansion is situated toward the back of the lot and thus close to the lake, “it feels like the water is beneath you all the time.”
Public records show that the mansion’s owner is a limited liability company whose owners include a retired airline executive. Records show that that limited liability company paid $4 million in 2018 for the property and then set about building the mansion.
The mansion had a $188,787 property tax bill in the 2022 tax year.
Radnay declined to comment on why the mansion’s owner has listed the mansion. If it sells for anywhere near its asking price, it would be the Chicago area’s highest-priced residential sale of the year. Thus far, the area’s highest-priced sale in 2024 is a $9.3 million sale of a condominium on Goethe Street on the Gold Coast
Numerous homes along the lake in Winnetka have changed hands for more than $10 million in recent years, and billionaire Justin Ishbia has assembled a 3.7-acre homesite a short distance to the north along the lake at a cost of $33.7 million. He currently is building a mansion on that homesite, and the total price tag for the construction and the land is $77.7 million.
Lakefront property rights in Winnetka have been in focus recently, as 25 homeowners on Lake Michigan in Winnetka sued the village in early May, contending that a village-approved ordinance aimed at protecting the bluffs along the lake will prevent them from using the portions of their land that are closest to the lake. The owner of the mansion that just listed for $11.75 million is one of the plaintiffs in that lawsuit.
Goldsborough is a freelance reporter.