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320 Mainsail Drive

Third Lake, IL 60030

3 beds
2 baths
1,694 sqft
12,632 sqft lot
$236 per sqft
1989 build
– on site

This stunning Mariner's Cove Ranch Home offers an updated, open-concept layout with remarkable features inside and out. Upon entry, you're greeted by an expansive foyer that sets the tone for the rest of the home. Beautiful gleaming hardwood floors run throughout, adding elegance to each room. The inviting Great Room offers fantastic views of the pond, perfect for relaxing or entertaining. The updated kitchen is a chef's dream with plenty of cabinet space, high-end stainless steel appliances, double ovens, and abundant natural light streaming in from two windows and a slider leading to a private deck. Adjacent to the kitchen is a formal dining room, ideal for hosting dinner parties, which opens to a lovely Three Season Room. Whether you're enjoying a morning coffee, watching the sunset with a glass of wine, or curling up with a good book, this room offers the perfect space to unwind. The spacious Master Suite provides gorgeous views and a recently updated bath, while two other generously sized bedrooms share another updated bath. If you're in need of more space, the finished basement offers a recreation room, private den, hobby room, and ample storage. For outdoor enthusiasts, the property's prime location offers direct access to a sandy beach and lakefront for picnics, kayaking, boating, and more. Located directly across the street from the Neighborhood Beach and Pier. Nestled between Third Lake and Druce Lake, Mariner's Cove offers year-round recreational opportunities, including fishing, ice skating, and boating. The community is surrounded by the expansive Rollins Savanna Forest Preserve and is conveniently located near shopping, dining, Metra stations, the tollway, and the historic downtown area of Grayslake. This home is truly a unique gem in an exceptional location-don't miss your chance to see it before it's gone! Recent Updates include New HVAC 2017, Some newer Windows 2021, Newer Carpet, All New Appliances 2017.

Listing courtesy of MRED / Baird & Warner as distributed by MLS GRID

Last checked: Checking… • Last updated Mar 7, 2025 •

MLS# 12264026 —

The Building

Year Built:

1989
Rebuilt:

No
New Construction:

false
Architectural Style:

Ranch
Roof:

Asphalt
Basement:

Partial
Foundation Details:

Concrete Perimeter
Exterior Features:

Porch Screened
Patio And Porch Features:

Deck, Screened Porch
Disability Access:

No
Other Equipment:

Ceiling Fan(s), Sump Pump
Living Area Source:

Assessor

Interior

Room Type:

Eating Area, Screened Porch, Den, Exercise Room
Rooms Total:

10
Interior Features:

Cathedral Ceiling(s), Skylight(s), Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath

Room Dimensions

Living Area:

1694

Location

Directions:

WASHINGTON WEST OF ROUTE 45 TO MAINSAIL NORTH TO #320
Location:

2050
Location:

26926

The Property

Parcel Number:

06242030040000
Property Type:

Residential
Lot Features:

Lake Front, Pond(s), Water Rights, Water View
Lot Size Dimensions:

89X99X131X83
Lot Size Acres:

0.29
Waterfront:

true
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

8538

Beds

Bedrooms Total:

3
Bedrooms Possible:

3

Baths

Baths:

2
Full Baths:

2

The Listing

Virtual Tour Unbranded:

Virtual Tour
Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Forced Air
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Electric:

Circuit Breakers
Water Source:

Public

Appliances

Appliances:

Range, Dishwasher, Refrigerator, Washer, Dryer

Schools

Elementary School:

Avon Center School
Elementary School District:

46
Middle Or Junior School:

Grayslake Middle School
Middle Or Junior School District:

46
High School:

Grayslake North High School
High School District:

127

The Community

Subdivision Name:

Mariners Cove
Community Features:

Park, Lake, Water Rights, Curbs, Sidewalks, Street Lights
Association Fee:

200
Association Fee Includes:

Lake Rights
Association Fee Frequency:

Annually
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Garage Type:

Attached
Garage Spaces:

2
Garage Onsite:

Yes
Garage Ownership:

Owned

Monthly cost estimate

Asking price

$399,900

Expense	Monthly cost
Mortgage	$2,141
Taxes	$711
Insurance	$109
HOA fees	$17
Utilities	$158 See report
Total	$3,136/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/12/25 Feb 12, 2025	Sold Subject To Contingencies	MRED	$399,900
2/10/25 Feb 10, 2025	Listed / Active	MRED	$399,900	90.4% (5.8% / YR)
6/3/09 Jun 3, 2009		MRED	$210,000

36% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $56k over asking price.

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This house located in Mariner's Cove, Third Lake, IL 60030 is currently for sale for $399,900. 320 Mainsail Drive is a 1,694 square foot house with 3 beds and 2 baths that has been on Estately for 32 days. 320 Mainsail Drive is in the Mariner's Cove neighborhood of Third Lake and has a WalkScore® of 38, making it car-dependent. This house is in the attendance area of Frederick School, Grayslake Middle School, and Grayslake North High School.

Listing courtesy of MRED, Baird & Warner, and John Worklan as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Mar 7, 2025, 01:40 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.