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$550,000
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Property Description
Welcome to this luxury townhome in highly sought-after Prairie Creek Townhomes, offering the perfect blend of elegance, comfort, and space. Situated on a prime lot with a scenic pond edged with reeds, this home provides breathtaking views from almost every room and a private, tranquil setting to enjoy outdoors from the kitchen deck or walk-out basement. Stunning 3 bedroom, 3.5 bath layout features a highly desired main level master suite with serene views, dual custom closets, and a spa-like bath with whirlpool tub, separate shower, and dual sinks. Dramatic two-story great room with hardwood floors, custom fireplace, and floor-to-ceiling windows that flood the space with natural light. Gourmet kitchen boasts newer stainless steel appliances, granite counters, and backsplash, flowing into the elegant dining room with built-in custom buffet with quartz top and glass soft-close doors that complements the dining room table that owners are willing to leave with the home. Finished walk-out basement is an entertainer's dream-complete with a gorgeous dry bar, granite counters, recreation room, newer carpet, full bath, and direct access to the 3 season screened porch overlooking the pond, the perfect spot to relax, unwind, and sip your morning coffee or read book. Upper level features a bright loft ideal for office space plus two spacious bedrooms with an updated Jack & Jill bath. Additional highlights: main level powder room with updated vanity, main level laundry, updated granite vanities, water boiler (2024), roof (2023), driveway (2025), HVAC (2010), and no special assessments! Property backs directly to the pond with fishing, trails, and natural beauty. Extras include washer/dryer (2023), reverse osmosis system, alarm, smart soft-close garage door with backup battery, beverage fridge, sump pump, and sprinkler system. Excellent proximity to walking trails, Frankfort schools, great shopping and restaurants, I-80 Expressway, and all the AWESOME events and nightlife that Downtown Frankfort offers year-round!
Full Property Details
Full Property Details for 20408 Fallingwater Cir
General
- Sold For: $550,000
- HOA FEE: $295/month
- Taxes: $12,573 (2024)
- Status: Closed
- Type: Townhouse
- Source: MRED
- MLS ID: 12460617
- Added to Site: 136 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Dry Bar, 1st-Floor Bedroom, 1st-Floor Bath, Storage, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Family Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned, Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Basement Baths: Yes
- Bathroom Features: Whirlpool, Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Water Softener (Owned), Ceiling Fan(s), Sump Pump
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Frankfort
- County: Will
- Subdivision: Prairie Creek Townhomes
- Driving Directions: Lagrange South of I-80 to St. Francis East to Fallingwater Circle South to property.
School Information
- School District: 161
- Midd School District: 161
Community
- Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Scavenger
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 25lbs.
- Mgmt. Company: Cornerstone Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Structure Type: Townhouse (2-Story)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Exterior Entry, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 3,498
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 2006
Unit Information
- Units in Building: 3
Lot Features
- Lot Dimensions: 34 x 80
- Lot Features: Common Grounds, Cul-De-Sac, Wooded, Rear of Lot
Water Features
- Water Front: Yes
- Water Front Desc.: Pond
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $295
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2006
- Tax Amount: $12,573
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 1909143050410000
Listed and Sold by Exit Realty Redefined
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Schools
Schools serving 20408 Fallingwater Cir
| Name | Grades | Distance |
|---|---|---|
Indian Trail Elementary School, Frankfort, IL 20912 South Frankfort Square Road, Frankfort, IL 60423 | 1-4 | 1.5 mi |
Summit Hill Junior High School 7260 West North Avenue, Frankfort, IL 60423 | 7-8 | 1.9 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 1.2 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 20408 Fallingwater Cir
Date
Details
Price
Change
Source
12/05/2025
Sold
$550,000
—
MLS
10/02/2025
Price Reduced
$550,000
-2.65%
MLS
9/15/2025
Price Reduced
$565,000
-1.74%
MLS
9/02/2025
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20408 Fallingwater Circle, Frankfort, IL 60423 (MLS# 12460617) is a Townhouse property that was sold at $550,000 on December 05, 2025. Want to learn more about 20408 Fallingwater Circle? Do you have questions about finding other Townhouse real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.

