This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$769,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Rarely available luxury duplex ranch in coveted Lighthouse Pointe Estates and sought after Lincoln-Way school district. This stunning all brick, newer construction home offers 2800 sf above grade plus an incredible fully finished lower level, delivering exceptional space, quality and style. Set on an upgraded, beautifully landscaped lot with a private, secluded setting. This impressive home features an open concept floor plan ,9' ceilings, vaulted living room, elegant tray ceilings, beautiful hardwood flooring, custom millwork, designer window treatments, custom beams, built ins, California Closets, a striking fireplace, whole house generator and security system. The expansive kitchen is truly the heart of the home, featuring premium Monogram appliances, Blanco sink, separate ovens, warming drawer, 6 burner cooktop, oversized refrigerator and large center island with seating and abundant cabinetry. The kitchen opens up seamlessly to the family room and extends outdoors to a beautiful patio overlooking the professionally landscaped yard. The main level primary suite offers his and hers closets and a luxurious bath with dual vanity's. A soundproofed laundry room connects conveniently to the heated 2 car garage. The dedicated main floor office is beautifully appointed with custom built ins and exceptional millwork. The versatile great room features custom beams and a dramatic fireplace creating an ideal space for relaxing or entertaining. The full finished lower level is an entertainers dream with 8ft ceilings- a high-top bar with refrigerator and sink, spacious recreation room with distinctive brick accent walls, dedicated work-out room, multipurpose room, 3/4 bath and plenty of storage space. From the exceptional craftmanship- upscale finishes- to the private outdoor setting and impressive entertainment spaces this home offers the perfect blend of LUXURY- comfort and functionality. Fantastic location with shopping and everyday conveniences just 5-minute walk away. This is the complete Frankfort package.!!
Full Property Details
Full Property Details for 20742 Grays Reef Ct
General
- Price: $769,900
- HOA FEE: $230/month
- Taxes: $17,703 (2024)
- Status: Active
- Type: Townhouse
- Source: MRED
- MLS ID: 12745629
- Updated: 9/10/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights
Interior
- Basement: Finished, E
- Interior Features: Cathedral Ceiling(s), Wet Bar, 1st-Floor Bedroom, 1st-Floor Bath, Storage, Walk-In Closet(s), Bookcases, High Ceilings, Beamed Ceilings, Open Floorplan, Special Millwork, Granite Counters, Pantry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Great Room, Wood-Burning, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Water Purifier, Water Softener Owned, Gas Oven, Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
- Bathroom Features: Separate Shower
Bedrooms
- Total Bedrooms: 3
- Bedrooms(Blw Grade): 1
Additional Information
- Equipment: Water Softener (Owned), Security System, Ceiling Fan(s), Sump Pump, Lawn Sprinkler, Generator, Security Cameras
- Other Features: School Bus Service, Commuter Train, Interstate Access
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Heated Garage, Yes, Attached, Garage
Location
- Area: Frankfort
- County: Will
- Township: Frankfort
- Driving Directions: Lagrange Road To Colorado east to Grays reef Ct.
School Information
- School District: 161
- Elem School District: 161
- Midd School District: 161
- High School District: 210
- High School: Lincoln-Way East High School
- Private School: Lincoln-Way East High School
Community
- Assoc. Fees Include: Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: will get info
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Townhouse (Ranch), Ground Level Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Egress Window, Concrete, Rec/Family Area, Sleeping Area, Storage Space, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Common Walls: End Unit
- Windows: Screens, Drapes, Blinds, Insulated Windows, Window Treatments
- Doors: French Doors, Panel Door(s), Sliding Glass Door(s)
- Sub-Flooring: Hardwood
- Entry Floor Number: 1
- Stories/Levels: 1
- Square Feet: 2,797
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 2018
Unit Information
- Units in Building: 2
Lot Features
- Lot Dimensions: 90 x 50
- Lot Features: Cul-De-Sac, Landscaped, Backs to Trees/Woods
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $230
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2018
- Tax Amount: $17,703
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 1909222100290000
Listed by Fischer Real Estate
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 20742 Grays Reef Ct
| Name | Grades | Distance |
|---|---|---|
Indian Trail Elementary School, Frankfort, IL 20912 South Frankfort Square Road, Frankfort, IL 60423 | 1-4 | 1.7 mi |
Summit Hill Junior High School 7260 West North Avenue, Frankfort, IL 60423 | 7-8 | 2.3 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 0.8 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 20742 Grays Reef Ct
Date
Details
Price
Change
Source
9/10/2026
Listed
$769,900
67.83%
MLS
5/07/2018
Sold
$458,725
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20742 Grays Reef Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,879
—
$194,198
-11%
2025
$14,879
-16%
$218,725
12%
2023
$17,815
10%
$195,342
10%
2022
$16,258
—
$177,923
7%
2022
$16,258
8%
$166,454
3%
2020
$15,050
3%
$161,763
3%
2019
$14,561
43%
$157,434
47%
2018
$10,212
698%
$106,839
701%
2017
$1,280
3%
$13,337
4%
2016
$1,243
2%
$12,880
4%
2015
$1,219
1%
$12,426
1%
2014
$1,202
3%
$12,340
-1%
2013
$1,168
-26%
$12,500
-30%
2012
$1,569
—
$17,893
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20742 Grays Reef Ct
20742 Grays Reef Court, Frankfort, IL 60423 (MLS# 12745629) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 20742 Grays Reef Court is currently listed for $769,900 and was received on September 10, 2026. Want to learn more about 20742 Grays Reef Court? 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.

