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$310,000
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Property Description
Lakefront! Summer is just around the corner and this adorable cottage sits high on a half an acre with over 100 feet of lake frontage! The home is on a larger waterfront lot and includes an extra vacant lot, that is likely buildable. Updated interior and bathroom. Open floor plan with a beautiful kitchen featuring granite countertops, stainless steel appliances and nice white cabinets with soft closing doors and drawers, plus one bedroom with the addition of the porch that is framed and insulated with a wood burning stove, all overlooking the large deck with phenomenal lake views! Great storage underneath in the large basement. Amazing location in a quiet bay keeps the waves and noise out until you want it, then just hop on the boat and enjoy all the fun watersports and lake living has to offer, including two piers. This private 840 acre lake has great fishing, swimming, water skiing, kayaking, canoeing, and is also home to the championship Wonder Lake Water Ski Show Team. Enjoy free shows most Friday evenings in the summer. Just a 15 minute drive gets you to the commuter train to the suburbs and downtown. Enjoy the vacation like atmosphere, yet close to shopping, entertainment and work opportunities. Such a relaxing place to unwind and recharge! Come take a look!!
Full Property Details
Full Property Details for 7920 Island Ln
General
- Sold For: $310,000
- HOA FEE: $20/month
- HOA FEE FREQ.: Annually
- Taxes: $6,472 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12592029
- Added to Site: 49 day(s) ago
Interior
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service
Exterior
- Exterior Features: Boat Slip
Parking
- Total Spaces: 12
- Parking Features: Dirt Driveway, Gravel, Circular Driveway, Driveway, Yes, Owned
Location
- Area: Wonder Lake
- County: McHenry
- Subdivision: White Oaks Bay
- Driving Directions: Wonder Lake Rd to White Oaks Rd to Wonder Lake Dr right to Island Lane.
School Information
- School District: 200
- Midd School District: 200
- Elementary School: Greenwood Elementary School
- Middle School: Northwood Middle School
- High School: Woodstock North High School
- Private School: Woodstock North High School
Community
- Assoc. Fees Include: Other
- Mgmt. Company: White Oaks Bay Association Inc
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Well
Structural Information
- Architectural Style: Cottage
- Construction: Cedar
- Exterior Const.: Cedar
- Basement Desc.: Unfinished, Partial
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 672
- Sq. Ft. Source: Estimated
- Year Built: 1942
- Built Before 1978: Yes
- Remodeled/Updated: 2017
Additional Structures
- Other Structures: Boat Dock
Lot Features
- Lot Size (Acres): 0.475
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 177.8 x 120.19 x 182.67 x 227.5
- Lot Features: Water Rights
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Front
- Water Front View: Back of Property
- Lake Front: Yes
Financial Considerations
- Association Fee: $240
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 1942
- Tax Amount: $6,472.93
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 907107033
Listed by Keller Williams Success Realty
Sold by Negotiable Realty Services, In
Get Pre-Approved Today
Schools
Schools serving 7920 Island Ln
School District:Woodstock Community Unit School District 200
| Name | Grades | Distance |
|---|---|---|
Greenwood Elementary School, Woodstock, IL 4618 Greenwood Road, Woodstock, IL 60098 | 1-5 | 1.7 mi |
Verda Dierzen Early Learning Center 2045 North Seminary Avenue, Woodstock, IL 60098 | PK-K | 6.1 mi |
Clay Academy 112 Grove Street, Woodstock, IL 60098 | K-12 | 7.1 mi |
Woodstock North High School 3000 Raffel Road, Woodstock, IL 60098 | 9-12 | 4.9 mi |
Northwood Middle School 2121 North Seminary Avenue, Woodstock, IL 60098 | 6-8 | 6.1 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 7920 Island Ln
Date
Details
Price
Change
Source
4/10/2026
Sold
$310,000
-13.86%
MLS
3/11/2026
Listed
$359,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7920 Island Lane, Wonder Lake, IL 60097 (MLS# 12592029) is a Single Family property that was sold at $310,000 on April 10, 2026. Want to learn more about 7920 Island Lane? Do you have questions about finding other Single Family real estate for sale in Wonder Lake? You can browse all Wonder Lake real estate or contact a Coldwell Banker agent to request more information.

