38856 N Cedar Crest Drive, Lake Villa, IL 60046

• 4 beds |
• 4 baths |
• 5,494 sqft

Property Description

Welcome to this custom-built lakefront home on Petite Lake, offering stunning panoramic views and seamless indoor-outdoor living on a 0.433-acre lot. Rare opportunity to own a lakefront home featuring a walkout lower level with level,easy access to your private pier-no step terrain or exterior stairs, a true standout among lakefront properties. Custom-designed to capture beautiful lake views while enhancing the comfort and ease of lakefront living. The stone-accented exterior features multiple patios, a lakeside deck, and enclosed porches-ideal for entertaining and relaxing. Inside, the two-story great room showcases a floor-to-ceiling fireplace and a wall of windows overlooking the lake. The open-concept kitchen includes a large island, abundant cabinetry, and flows into the dining and living areas. Main-level primary suite features dual walk-in closets, spa-like bath with whirlpool tub and Opulent spa shower with body jets, direct laundry access, and a private three-season porch. Upstairs offers two bedrooms, full bath, and loft. The walkout lower level includes a large recreation room with fireplace, an additional three-season porch, and a fourth bedroom-perfect for guests or extended stays. Recent updates include two Trane furnaces with humidifiers (2024). This turnkey opportunity includes pier, all appliances (including additional lower-level units), TVs with surround sound, outdoor and porch furniture (Lloyd Flanders), pool table, basketball game and gas grill. Opportunities like this-combining level lake access, panoramic views, and a custom designed home-are rarely available on the Chain O'Lakes, let alone Petite Lake. Schedule your private showing today and experience lakefront living at its finest.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 4:18PM

Listing Office:

Re/Max Advantage : 847-812-9500

Listing Agent:

Larry Fales : 847-812-9500

MLS ID:

12647703

Interior

• General: Vaulted Ceiling(s)Cathedral Ceiling(s)1st Floor Bedroom1st Floor Full BathWalk-In Closet(s)BookcasesGranite Counters
• Rooms: DeckEnclosed PorchEnclosed Porch HeatedFoyerGreat RoomLoftPantryRecreation RoomHeated Sun RoomUtility Room-Lower Level
• Appliances: RangeMicrowaveDishwasherRefrigeratorBar FridgeFreezerWasherDryerDisposalHumidifier
• Laundry: Main LevelElectric Dryer HookupSink
• Basement: FinishedUnfinishedExterior Entry9 ft + pourRec/Family AreaFullWalk-Out Access
• Flooring: Hardwood
• A/C: Central AirZoned
• Heating: Natural GasForced AirSep Heating Systems - 2+Zoned
• Fireplace: Attached Fireplace Doors/ScreenGas LogFireplaces: 2
• Disability Feature: None

Exterior

• General: BalconyBoat SlipOutdoor Grill
• Parking: ConcreteGarage Door OpenerHeated GarageGarageYesGarage OwnedAttachedParking spaces: 2

Construction

• Roofing: Asphalt
• Windows: Screens
• General: 2 StoriesConcrete Perimeter

Location

• HOA Amenities: ParkTennis Court(s)LakeWater RightsStreet LightsStreet PavedLake Rights75.0Annually
• Originating MLS: mred
• School District: 41
• County: Lake

Lot

• Zoning: 01362010120000

Utilities

• Utilities: Circuit Breakers200+ Amp Service
• Water: Well
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple