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$850,000 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,433 Sq. Ft.
  • 2 Car Garage
  • Updated 6 days ago
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HIGHEST AND BEST DUE ON MONDAY AT 5PM, WITH DECISION ON TUESDAY! Rarely Available! Welcome to the largest ranch model in sought-after Thorngate. Situated on a premium corner lot, this exceptional home features soaring volume ceilings, dramatic floor-to-ceiling windows, rich hardwood flooring, and a bright, open floor plan designed for both comfortable living and elegant entertaining. The spacious living and dining rooms provide the perfect setting for gatherings, while the gourmet kitchen offers hardwood floors, a center island, stainless steel appliances, abundant white cabinetry, a built-in desk/workstation, and seamless access to the inviting family room. The family room features a dramatic 12-foot ceiling, fireplace, and sliding glass doors that open to the private backyard and patio. The oversized primary suite serves as a private retreat, complete with generous closet space and a luxurious bath designed for comfort and relaxation. The impressive finished basement greatly expands the living space and includes a large library, private office, exercise room, expansive recreation/family room, guest bedroom, and an adjoining full bath-ideal for overnight guests, extended family, or working from home. Additional highlights include a security system, underground sprinkler system, paver brick patio, and beautifully landscaped grounds. Enjoy one of Riverwoods' most desirable communities, conveniently located near shopping, dining, major interstate highways, and scenic forest preserves. A rare opportunity to own Thorngate's largest ranch model with exceptional living space both above and below grade.

Full Property Details for 715 Masters Ln

General

  • Price: $850,000
  • HOA FEE: $155/month
  • Taxes: $17,917 (2024)
  • Status: Contingent
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12686618

Interior

  • Basement: Finished, F
  • Interior Features: Vaulted Ceiling(s), Cathedral Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room
  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Humidifier

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms(Blw Grade): 1

Additional Information

  • Equipment: Carbon Monoxide Detectors, Sump Pump, Lawn Sprinkler, Water Heater-Gas
  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Attached, Garage

Location

  • Area: Deerfield, Bannockburn, Riverwoods
  • County: Lake
  • Township: Vernon
  • Driving Directions: SAUNDERS TO THORNGATE, WEST TO 1ST STOP, RIGHT TO MASTERS.

School Information

  • School District: 109
  • Elem School District: 109
  • Midd School District: 109
  • High School District: 109

Community

  • Assoc. Fees Include: None
  • Mgmt. Company: Foster Premier

Heating & Cooling

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

Utilities

  • Sewer: Overhead Sewers
  • Water: Lake Michigan

Structural Information

  • Model: WATERFORD
  • Construction: Cedar
  • Exterior Const.: Cedar
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Square Feet: 2,433
  • Sq. Ft. Source: Assessor
  • Year Built: 1995

Manufactured Home

  • Model: WATERFORD

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 74 x 175 x 81 x 141

Financial Considerations

  • Association Fee: $155
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1995
  • Tax Amount: $17,917
  • Tax Year: 2024
  • Pays Sewer: Overhead Sewers

Disclosures and Reports

  • Ownership: Fee Simple with Homeowners Association
  • Property ID: 15362060010000

Listed by RE/MAX 10 Lincoln Park

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— 715 Masters Ln —

  • RE/MAX 10 Lincoln Park

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Schools serving 715 Masters Ln

School Districts:Deerfield School District 109, Township High School District 113
NameGradesDistance
South Park Elementary School
1421 Hackberry Road, Deerfield, IL 60015
K-51.3 mi
Charles J Caruso Middle School
1801 Montgomery Road, Deerfield, IL 60015
6-80.8 mi
Deerfield High School, Deerfield, IL
1959 Waukegan Road, Deerfield, IL 60015
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 715 Masters Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,917
4%
$246,890
6%
2024
$17,264
12%
$232,740
6%
2023
$15,446
4%
$219,607
13%
2022
$14,832
4%
$193,587
1%
2021
$14,256
5%
$191,500
—
2020
$13,641
—
$192,153
—
2019
$13,641
5%
$191,444
2%
2018
$12,994
4%
$187,470
-20%
2017
$12,554
-20%
$233,878
4%
2016
$15,691
2%
$223,956
7%
2015
$15,362
10%
$209,442
—
2014
$13,997
1%
$209,442
14%
2013
$13,867
2%
$183,817
-9%
2012
$13,585
—
$201,038
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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715 Masters Lane, Riverwoods, IL 60015 (MLS# 12686618) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 715 Masters Lane is currently listed for $850,000 and was received on June 24, 2026. Want to learn more about 715 Masters Lane? Do you have questions about finding other Single Family real estate for sale in Riverwoods? You can browse all Riverwoods real estate or contact a Coldwell Banker agent to request more information.

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