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$590,000 Just Listed
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Property Description
Experience the best of waterfront living in this spacious, beautifully maintained home with direct access to Pistakee Lake and the renowned Chain O'Lakes. Surrounded by peaceful water views, this exceptional property offers 5 generously sized bedrooms, 4 full bathrooms, and plenty of space for entertaining, relaxing, and making lasting memories. The main living area features beautiful hardwood floors and an open, inviting layout. The spacious kitchen is equipped with stainless steel appliances, abundant cabinetry, and extensive countertop space, making it ideal for everyday living and hosting family and friends. The oversized bedrooms provide comfort for everyone, while the luxurious primary suite boasts a massive walk-in closet and a spa-inspired open-concept bath. The full English basement expands your living space with a cozy stone fireplace living area and a fifth bedroom. Step outside to the expansive deck overlooking the water, the perfect place to enjoy morning coffee or evening sunsets. This home has been thoughtfully updated with a new HVAC system, epoxy flooring in the two-car garage, and most furniture and beds are available and may be included or purchased separately, making this an excellent opportunity for a turnkey vacation home or full-time waterfront residence. Don't miss this rare opportunity to own a spacious waterfront retreat with modern updates, exceptional living space, and easy access to one of Northern Illinois' premier boating and recreation destinations.
Full Property Details
Full Property Details for 717 Monterrey Terrace
General
- Price: $590,000
- Taxes: $12,776 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12721960
Interior
- Basement: Partially
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Basement, Wood-Burning
- Appliances: Dishwasher, Refrigerator, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Basement Baths: Yes
- Bathroom Features: Whirlpool, Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 5
- Bedrooms(Blw Grade): 1
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Holiday Hills / Johnsburg / McHenry / Lakemoor / McCullom Lake / Sunnyside / Ringwood
- County: McHenry
- Township: McHenry
- Driving Directions: Route 12 to Fox Lake Road South to Broadway East to Monterrey Terrace South to Sign
School Information
- School District: 114
- Elem School District: 114
- Midd School District: 114
- High School District: 124
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partially Finished, Full, Daylight
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 2,587
- Sq. Ft. Source: Estimated
- Year Built: 1973
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.2063
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 60 x 120
- Lot Features: Channel Front, Water Rights
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- Assessment Year: 1973
- Tax Amount: $12,776
- Tax Year: 2025
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 5043010030
Listed by Executive Realty Group LLC
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Schools
Schools serving 717 Monterrey Terrace
School Districts:Fox Lake Grade School District 114, Grant Community High School District 124
| Name | Grades | Distance |
|---|---|---|
Lotus School 29067 W Grass Lake Rd, Spring Grove, IL 60081 | PK-4 | 1.6 mi |
Stanton School 101 Hawthorne Lane, Fox Lake, IL 60020 | 5-8 | 2.2 mi |
Grant Community High School 285 East Grand Avenue, Fox Lake, IL 60020 | 9-12 | 2.2 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 717 Monterrey Terrace
Date
Details
Price
Change
Source
8/01/2026
Listed
$590,000
145.83%
MLS
9/23/2020
Sold
$240,000
—
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 717 Monterrey Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,704
12%
$167,702
8%
2024
$11,325
7%
$155,308
20%
2023
$10,605
3%
$129,051
11%
2022
$10,292
11%
$116,562
6%
2021
$9,268
5%
$109,871
1%
2020
$8,824
—
$108,301
4%
2019
$8,824
-20%
$103,856
-12%
2018
$10,993
5%
$118,238
8%
2017
$10,470
—
$109,288
9%
2016
$10,513
5%
$99,953
7%
2015
$9,981
12%
$93,274
—
2014
$8,893
1%
$93,274
11%
2013
$8,806
-3%
$83,879
-16%
2012
$9,075
—
$99,560
—
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 717 Monterrey Terrace
717 Monterrey Terrace, McHenry, IL 60051 (MLS# 12721960) is a Single Family property with 5 bedrooms and 4 full bathrooms. 717 Monterrey Terrace is currently listed for $590,000 and was received on August 01, 2026. Want to learn more about 717 Monterrey Terrace? Do you have questions about finding other Single Family real estate for sale in McHenry? You can browse all McHenry real estate or contact a Coldwell Banker agent to request more information.

