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$4,200,000
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Property Description
Smart Home
Stunning new construction transitional home with approximately 7,500 square feet of meticulously finished space, the home is located on one of the most picturesque streets in East Winnetka in an unbeatable location. The home is close to town, walking distance to the beach, schools and train. This home features 6 bedrooms, 7 full baths, a show room worthy kitchen with luxury appliances including Sub-Zero refrigerators and freezers, Wolf range, drawer style microwave, spacious walk-in pantry and custom cabinetry throughout. The finished lower level includes entertainment room with fireplace and TV, full size wet bar with an island, media room, Golf Simulator and Exercise room. Spacious finished third level is a great addition in the home that can be utilized for an Au Pair/nanny or make a phenomenal additional home office/guest room. The home is pre-wired for all your audio and visual needs in addition to security and smart home systems. This home is truly an entertainers dream! The Expansive backyard is the perfect size to create your personal oasis, plenty of space for a large pool and simply the space of your dreams. Agent has ownership interest, home is ready to be shown and is in the touch up/cleaning process. Some photos are of builders previous work.
Full Property Details
Full Property Details for 518 Elder Ln
General
- Sold For: $4,200,000
- Taxes: $18,554 (2023)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12487218
- Added to Site: 104 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Family Room, Basement, Gas Starter, Masonry
- Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Range Hood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 6
- Bedrooms(Blw Grade): 1
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Brick Driveway, Yes, Attached, Garage
Location
- Area: Winnetka
- County: Cook
- Driving Directions: From Sheridan road turn west onto Elder Lane, home will be on the northside of the street
School Information
- School District: 36
- Midd School District: 36
- Elementary School: Greeley Elementary School
- Middle School: Carleton W Washburne School
- High School: New Trier Twp H.S. Northfield/Wi
- Private School: New Trier Twp H.S. Northfield/Wi
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Slate
- Square Feet: 7,500
- Sq. Ft. Source: Builder
- Year Built: 2025
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 74 x 165
Financial Considerations
- Parking Included: Yes
- Assessment Year: 2025
- Tax Amount: $18,554
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 5213170170000
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Schools
Schools serving 518 Elder Ln
School Districts:Winnetka School District 36, New Trier Township High School District 203
| Name | Grades | Distance |
|---|---|---|
Greeley Elementary School, Winnetka, IL 275 Fairview Avenue, Winnetka, IL 60093 | K-4 | 0.2 mi |
The Skokie School 520 Glendale Avenue, Winnetka, IL 60093 | 5-6 | 1.3 mi |
Carleton W Washburne School 515 Hibbard Road, Winnetka, IL 60093 | 7-8 | 1.5 mi |
New Trier Township H S Northfield 7 North Happ Road, Northfield, IL 60093 | 9- | 2.2 mi |
New Trier Township H S Winnetka 385 Winnetka Avenue, Winnetka, IL 60093 | 10-12 | 0.3 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 518 Elder Ln
Date
Details
Price
Change
Source
12/17/2025
Sold
$4,200,000
-4.55%
MLS
10/03/2025
Listed
$4,399,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
518 Elder Lane, Winnetka, IL 60093 (MLS# 12487218) is a Single Family property that was sold at $4,200,000 on December 17, 2025. This property was listed by Matan Aharoni from our North Shore Illinois Office.Want to learn more about 518 Elder Lane? Do you have questions about finding other Single Family real estate for sale in Winnetka? You can browse all Winnetka real estate or contact a Coldwell Banker agent to request more information.


