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$535,900
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Property Description
First time offered since its original new-construction debut! This exceptional residence stands out with its stately full red-brick elevation, elegant architectural lines, and a welcoming covered front porch that sets a sophisticated tone from the moment you arrive. Boasting 2,454 sq ft on the main level and an expansive full finished basement, this home offers nearly 4,800 sq ft of beautifully designed living space, including 5 bedrooms and 3 full bathrooms. Step inside to a bright, open layout enhanced by soaring ceilings, sun-filled rooms, and thoughtfully crafted details. The formal living and dining areas feature tray ceilings, architectural pillars, and a striking 12-foot volume ceiling, creating an atmosphere of timeless elegance and effortless flow. At the heart of the home, the gourmet-style kitchen offers a perfect blend of function and style, complete with a center island, breakfast bar, and a charming eat-in area bathed in natural light. Just off the kitchen, a versatile bonus room serves beautifully as a home office, study, or playroom, offering endless flexibility. Retreat to the serene primary suite, featuring a massive walk-in closet, a luxurious soaking whirlpool tub, and a separate walk-in shower-a true spa-inspired escape. The full finished basement is an extraordinary extension of the home, offering an abundance of additional living space ideal for entertaining, guests, extended family, fitness, media, or recreation. Complete with additional bedrooms and a third full bathroom, this level transforms the home into a truly expansive retreat. Located within the highly sought-after Cambridge Lakes community, residents enjoy exceptional amenities including parks, clubhouse, fitness facilities, scenic pathways, and beautifully maintained common areas. A rare opportunity to own one of the community's premier ranch residences-offered for the first time and ready to impress even the most discerning buyer.
Full Property Details
Full Property Details for 1255 Waterfront Ln
General
- Price: $535,900
- HOA FEE: $78/month
- Taxes: $11,588 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12631527
- Updated: 5/26/2026
- Added to Site: 49 day(s) ago
Rental Information
- Complex Features: Clubhouse, Park, Lake, Curbs, Sidewalks, Street Lights
Interior
- Basement: Finished, F
- Interior Features: Cathedral Ceiling(s), 1st-Floor Bedroom, 1st-Floor Bath, Walk-In Closet(s), Open Floorplan
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
- Bathroom Features: Whirlpool, Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 5
- Bedrooms(Blw Grade): 2
Additional Information
- Equipment: Sump Pump
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: Hampshire / Pingree Grove
- County: Kane
- Township: Rutland
- Subdivision: Cambridge Lakes
- Driving Directions: Waterfront lane all the way to 1255
School Information
- School District: 300
- Elem School District: 300
- Midd School District: 300
- High School District: 300
Community
- Assoc. Fees Include: Other
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Model: DARTMOUTH
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Square Feet: 2,454
- Sq. Ft. Source: Assessor
- Year Built: 2008
Manufactured Home
- Model: DARTMOUTH
Lot Features
- Lot Size (Acres): 0.0264
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 18 x 64 x 145 x 75 x 131
- Lot Features: Cul-De-Sac
Financial Considerations
- Association Fee: $78
- Assoc Fee Freq.: Monthly
- Assessment Year: 2008
- Tax Amount: $11,588
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 228450008
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Schools
Schools serving 1255 Waterfront Ln
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Big Timber Elementary School 1400 Ridgecrest Drive, Hampshire, IL 60140 | K-5 | 4 mi |
Hampshire Middle School 560 South State Street, Hampshire, IL 60140 | 6-8 | 6 mi |
Hampshire High School 1600 Big Timber Road, Hampshire, IL 60140 | 9-12 | 4.9 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 1255 Waterfront Ln
Date
Details
Price
Change
Source
5/20/2026
Price Reduced
$535,900
-2.56%
MLS
4/28/2026
Listed
$550,000
26.58%
MLS
3/31/2008
Sold
$434,500
—
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 1255 Waterfront Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,588
-4%
$155,043
2%
2023
$12,111
4%
$152,695
8%
2022
$11,649
3%
$140,785
6%
2021
$11,360
—
$132,417
-2%
2021
$11,360
—
$135,001
4%
2019
$11,373
5%
$129,572
12%
2017
$10,867
-2%
$115,804
-5%
2018
$11,074
2%
$121,606
10%
2016
$10,843
-1%
$110,248
6%
2015
$10,902
17%
$104,125
—
2014
$9,336
4%
$104,464
-2%
2012
$8,986
—
$106,379
—
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 1255 Waterfront Ln
1255 Waterfront Lane, Pingree Grove, IL 60140 (MLS# 12631527) is a Single Family property with 5 bedrooms and 3 full bathrooms. 1255 Waterfront Lane is currently listed for $535,900 and was received on April 28, 2026. Want to learn more about 1255 Waterfront Lane? Do you have questions about finding other Single Family real estate for sale in Pingree Grove? You can browse all Pingree Grove real estate or contact a Coldwell Banker agent to request more information.

