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$180,000
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Property Description
Looking for lakeside living? Whether you've been considering a move year round or looking for that perfect 'get-away' spot, we've got you covered! We think you'll find the seclusion and tranquility you've been desiring on this 35.6 acre lake. This sprawling 3 BR/2 bath ranch with 2587 SF has it all, but the views are my personal favorite! Imagine waking up to all the change of seasons overlooking your own private dock/water front paradise. The house itself is full of natural light and with a LR, FR with a cozy fireplace for those snowy nights, AND a huge screened porch area, you'll be sure to find a quiet place to catch up with your favorite book or to host friends and family! In addition, the Shangri-La community gives you access to a private beach, pavilion and a stocked lake for fishing and boating. Roof was new in 2017, complete exterior was painted in 2024, all bedrooms have new flooring, new ceiling fans, new gutters with covers, new home intake water pump with a new water line that runs to the lake, new shower head and fashionable faucet in the kitchen. Reverse osmosis installed in 2020 for drinking water. Water softener is owned which is used for laundry and showers. A 1-car garage, a full size canoe with paddles, a new in 2024 state of the art water filtration system w/UV light filtration/multi 5 step mineral filtration/Culligan sanitization system, a hot tub, & a utility shed is also a part of this package deal with a nice garden area just over the hill with an additional utility shed. A brand new dishwasher in the box with a water line already ran is also included. This is truly a way to enjoy all the beauty nature has to offer without sacrificing amenities of everyday living. Call today for your private showing!
Full Property Details
Full Property Details for 16322 Shangri La Rd Lot 5
General
- Sold For: $180,000
- HOA FEE: $73/month
- HOA FEE FREQ.: Annually
- Taxes: $2,147 (2023)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12451094
- Added to Site: 239 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: Flood Zone
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 5
- Parking Features: Yes, Garage Owned, Detached, Owned, Garage
Location
- Area: Oakwood
- County: Vermilion
- Driving Directions: Batestown Road to Shangri La Rd. After going down the hill and curving to the right, it is the 3rd drive on the right. Turn right at the sign that says "Shangri La". Go up the hill and turn to the left. You will see signs.
School Information
- School District: 76
- Midd School District: 76
Community
- Assoc. Fees Include: Clubhouse, Lake Rights
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Water: Lake Water, Shared Well, Well
Structural Information
- Construction: Cedar
- Exterior Const.: Cedar
- Basement Desc.: Crawl Space
- Square Feet: 2,587
- Sq. Ft. Source: Landlord/Tenant/Seller
- Built Before 1978: Yes
Lot Features
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: .50 acre
Water Features
- Water Front: Yes
- Water Front View: Front of Property
Financial Considerations
- Association Fee: $875
- Assoc Fee Freq.: Annually
- Tax Amount: $2,147
- Tax Year: 2023
Disclosures and Reports
- Ownership: Leasehold
- Property ID: 22164000020000
Listed and Sold by Clingan,Jim Auction&Realty,Inc
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Schools
Schools serving 16322 Shangri La Rd Lot 5
School District:Oakwood Community Unit School District 76
| Name | Grades | Distance |
|---|---|---|
Oakwood Grade School PO Box 219, Oakwood, IL 61858 | PK-6 | 3.1 mi |
Oakwood Junior High School 21600 North 900 East Road, Danville, IL 61834 | 7-8 | 5.9 mi |
Oakwood High School 5870 U.S. 150, Fithian, IL 61844 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16322 Shangri La Rd Lot 5
Date
Details
Price
Change
Source
2/27/2026
Sold
$180,000
-2.7%
MLS
1/09/2026
Price Reduced
$185,000
-2.63%
MLS
10/27/2025
Price Reduced
$190,000
-5%
MLS
9/24/2025
Price Reduced
$199,999
-9.09%
MLS
9/06/2025
Price Reduced
$220,000
-4.35%
MLS
8/22/2025
Listed
$230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16322 Shangri La Lot 5 Road, Oakwood, IL 61858 (MLS# 12451094) is a Single Family property that was sold at $180,000 on February 27, 2026. Want to learn more about 16322 Shangri La Lot 5 Road? Do you have questions about finding other Single Family real estate for sale in Oakwood? You can browse all Oakwood real estate or contact a Coldwell Banker agent to request more information.
