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$495,000
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Property Description
Experience the rare lifestyle that makes Lake Park Subdivision one of Champaign's most beloved hidden gems, where nature, water views, and community come together in an unforgettable setting. Residents enjoy scenic walking trails, wooded natural areas, community gardens, and approximately seven acres of restored prairie surrounding a stunning six-acre lake with sandy beach access for swimming, fishing, relaxing by the water, and non-motorized boating. It's a peaceful retreat that feels miles away from the everyday while remaining conveniently close to Champaign's shopping, dining, medical facilities, and the University of Illinois. Perfectly positioned to capture sweeping lake views, this beautifully maintained three-bedroom, two-and-a-half-bath one-and-a-half-story home offers warmth, character, and flexible living spaces throughout. The spacious first-floor primary suite features hardwood flooring, custom interior shutters, a full wall of closets plus a walk-in closet, and a private en suite bath with dual vanities, a step-in shower, and a jacuzzi tub. Convenient access to the laundry room is just off the suite. Filled with natural light, the dramatic living room showcases expansive windows overlooking the lake and a cozy fireplace that anchors the space. A separate family room provides a second fireplace, extensive wall-to-wall built-ins, and additional walk-in storage. The kitchen offers abundant cabinet and countertop space, built-in cabinetry, and a charming breakfast nook ideal for morning coffee with peaceful views. Adjacent to the kitchen is a versatile bonus space perfect for a pantry extension, home office, or everyday drop zone. One of the home's most unique features is the bright studio retreat just off the breakfast nook, complete with its own split-unit heating and cooling system for year-round comfort. Originally designed as an art studio, this inspiring space would also make an ideal home office, fitness room, creative studio, or sunroom. Upstairs are two additional bedrooms and a full bathroom. One bedroom includes a walk-in closet, while the other provides direct access to an expansive unfinished attic offering incredible storage potential. Life in Lake Park is about more than just the home itself; it's about morning walks along wooded trails, afternoons spent by the lake, evenings watching sunsets shimmer across the water, and the rare sense of peace and connection this special neighborhood provides. Combined with low county taxes, this is an exceptional opportunity to enjoy one of Champaign's most distinctive lake-centered communities.
Full Property Details
Full Property Details for 3 Lake Park Rd
General
- Sold For: $495,000
- HOA FEE: $56/month
- HOA FEE FREQ.: Annually
- Taxes: $7,302 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12530079
- Added to Site: 245 day(s) ago
Interior
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Built-in Features, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room, Living Room, Gas Log
- Appliances: Refrigerator, Washer, Dryer, Electric Cooktop, Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Bathroom Features: Whirlpool, Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Champaign, Savoy
- County: Champaign
- Subdivision: Lake Park
- Driving Directions: Take South 1st street to Lake Park Road
School Information
- School District: 4
- Midd School District: 4
- Elementary School: Unit 4 Of Choice
- Middle School: Champaign/Middle Call Unit 4 351
- High School: Central High School
- Private School: Central High School
Community
- Assoc. Fees Include: Lake Rights, Other
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Steam, Baseboard
Utilities
- Water: Public
Structural Information
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement Desc.: Crawl Space
- Foundation: Block
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 2,926
- Sq. Ft. Source: Other
- Year Built: 1959
- Built Before 1978: Yes
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.49
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 112 x 206.9 x 130 x 152.4
- Lot Features: Mature Trees
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Front, Lake Privileges
- Water Front View: Back of Property
- Lake Front: Yes
Financial Considerations
- Association Fee: $670
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 1959
- Tax Amount: $7,302
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 32036276006
Listed by Keller Williams-Trec
Sold by Coldwell Banker R.E. Group
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Schools
Schools serving 3 Lake Park Rd
School District:Champaign Community Unit School District 4
| Name | Grades | Distance |
|---|---|---|
Carrie Busey Elementary School 304 Prairie Rose Lane, Savoy, IL 61874 | K-5 | 0.5 mi |
Bottenfield Elementary School 1801 South Prospect Avenue, Champaign, IL 61820 | K-5 | 2.2 mi |
Vernon L Barkstall Elementary School 2201 Hallbeck Drive, Champaign, IL 61822 | K-5 | 2.4 mi |
Edison Middle School, Champaign, IL 306 West Green Street, Champaign, IL 61820 | 6-8 | 3.2 mi |
Jefferson Middle School, Champaign, IL 1115 Crescent Drive, Champaign, IL 61821 | 6-8 | 3.4 mi |
Franklin Middle School, Champaign, IL 817 North Harris Avenue, Champaign, IL 61820 | 6-8 | 4.2 mi |
Central High School, Champaign, IL 610 West University Avenue, Champaign, IL 61820 | 9-12 | 3.6 mi |
South Side Elementary School 715 South New Street, Champaign, IL 61820 | K-5 | 3.1 mi |
Robeson Elementary School 2501 Southmoor Drive, Champaign, IL 61821 | K-5 | 3.1 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 3 Lake Park Rd
Date
Details
Price
Change
Source
7/07/2026
Sold
$495,000
—
MLS
4/08/2026
Price Reduced
$495,000
-13.91%
MLS
3/13/2026
Price Reduced
$575,000
-4.15%
MLS
2/16/2026
Price Reduced
$599,900
-4.02%
MLS
12/09/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3 Lake Park Road, Champaign, IL 61822 (MLS# 12530079) is a Single Family property that was sold at $495,000 on July 07, 2026. Want to learn more about 3 Lake Park Road? Do you have questions about finding other Single Family real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.
