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$730,000

  • Sold
  • Closed
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 4,122 Sq. Ft.
  • 2 Car Garage
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Water Front Property on Lake Terramere * Walk-out Lower Level too * Welcome to your dream home on Lake Terramere! If you're searching for space and an unbeatable location in Arlington Heights, this is it. Nestled in the sought-after Lake Terramere community and just across from lively Terramere Park, this spacious 5 bedroom (the 5th bedroom in the basement is being used as an office) 3.1-bath home offers stunning lake views and a thoughtful layout perfect for everyday living and entertaining. Step into a bright and flowing floor plan featuring a chef-inspired eat-in kitchen with abundant prep space and storage. The cozy family room, anchored by a classic brick fireplace, overlooks a private yard with a shaded pergola and tiered patio-ideal for summer gatherings or a morning cup of coffee. The walk-out lower level includes an office and opens directly to the lake, blending work-from-home convenience with scenic tranquility. Upstairs, the enormous primary suite includes a luxury bathroom and a deluxe walk-in closet, while all bathrooms have been tastefully updated. With a full bath and bedroom on the lower level - plus the option to convert the current theater room back into a bedroom as it was originally - this home offers excellent potential for multigenerational living or flexible guest space. Enjoy nearby walking trails, top-rated schools, tennis and pickleball courts, the Buffalo Creek Preserve, and even a 9-hole golf course. Plus, take part in the optional new Terramere Neighborhood Association-hosting seasonal events, social gatherings, and food trucks right in your neighborhood. With easy access to the Metra and major highways, and just minutes from downtown Arlington Heights and Deer Park shopping and dining-this is lakeside suburban living at its best. UPDATES: 2023 Microwave * 2022 Furnace and Roof * 2019 Washer and Dryer * 2018 Basement * 2018 Appliances. Note: Real Estate Taxes show no exemptions but the seller has filed for Homestead Exemption.

Full Property Details for 4116 N Terramere Ave

General

  • Sold For: $730,000
  • Taxes: $19,430 (2023)
  • Status: Closed
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12455555
  • Added to Site: 144 day(s) ago

Interior

  • Interior Features: Sauna, Dry Bar, In-Law Floorplan
  • Fireplace: Yes
  • Fireplace(s): Family Room, Wood-Burning, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Baths: Yes
  • Bathroom Features: Whirlpool, Separate Shower

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Equipment: Cable TV, Carbon Monoxide Detectors, Sump Pump
  • Other Features: School Bus Service, Commuter Train, Interstate Access

Exterior

  • Exterior Features: Outdoor Grill

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • Parking On-Site: Yes

Location

  • Area: Arlington Heights
  • County: Cook
  • Subdivision: Terramere
  • Driving Directions: Arl. Hts. RD to S of Lake Cook to Nichols W 3 blocks to Kennicott N to Terramere

School Information

  • School District: 21
  • Midd School District: 21
  • Elementary School: Henry W Longfellow Elementary Sc
  • Middle School: Cooper Middle School
  • High School: Buffalo Grove High School
  • Private School: Buffalo Grove High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Lake Michigan

Structural Information

  • Architectural Style: Colonial
  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement Desc.: Finished, Exterior Entry, Full, Daylight
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens
  • Sub-Flooring: Hardwood
  • Square Feet: 4,122
  • Sq. Ft. Source: Plans
  • Year Built: 1980

Manufactured Home

  • Model: CUSTOM

Lot Features

  • Lot Size (Acres): 0.275
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 110 x 129 x 74 x 120
  • Lot Features: Landscaped, Water Rights

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake Front
  • Water Front View: Back of Property
  • Lake Front: Yes

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1980
  • Tax Amount: $19,430.13
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 3062070110000

Listed by Baird & Warner
Sold by Keller Williams Thrive

Listing agent

— 4116 N Terramere Ave —

  • Baird & Warner

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4116 N Terramere Ave

School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
NameGradesDistance
Henry W Longfellow Elementary School
501 South Arlington Heights Road, Buffalo Grove, IL 60089
PK-50.6 mi
Cooper Middle School
1050 Plum Grove Circle, Buffalo Grove, IL 60089
6-80.5 mi
Buffalo Grove High School
1100 West Dundee Road, Buffalo Grove, IL 60089
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4116 N Terramere Ave

Date
Details
Price
Change
Source
10/22/2025
Sold
$730,000
-2.67%
MLS
8/26/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Baird & Warner
Sold by Keller Williams Thrive

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4116 N Terramere Avenue, Arlington Heights, IL 60004 (MLS# 12455555) is a Single Family property that was sold at $730,000 on October 22, 2025. Want to learn more about 4116 N Terramere Avenue? Do you have questions about finding other Single Family real estate for sale in Arlington Heights? You can browse all Arlington Heights real estate or contact a Coldwell Banker agent to request more information.