1 of 26

Want to see this home?

518 Elder Lane

Winnetka, IL 60093

5 beds
7 baths
7,500 sqft
12,210 sqft lot
$599 per sqft
2025 build
– on site

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. Builder's expectation is to have the home ready prior to the new school year. Agent has ownership interest, included are some photos of builder's recent work with photos for this property to be updated once applicable.

Listing courtesy of MRED / Coldwell Banker Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Apr 11, 2025 •

MLS# 12335263 —

The Building

Year Built:

2025
Rebuilt:

No
New Construction:

true
Construction Materials:

Brick
Basement:

Finished, Full
Disability Access:

No
Living Area Source:

Builder

Interior

Room Type:

Bedroom 5, Bedroom 6, Office
Rooms Total:

11
Fireplaces Total:

2
Fireplace Features:

Gas Starter, Masonry
Fireplace Location:

Family Room,Basement
Laundry Features:

Multiple Locations

Room Dimensions

Living Area:

7500

Location

Directions:

From Sheridan road turn west onto Elder Lane, home will be on the northside of the street
Location:

3930

The Property

Parcel Number:

05213170170000
Property Type:

Residential
Lot Size Dimensions:

74X165
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

18554

Beds

Bedrooms Total:

5
Bedrooms Possible:

6

Baths

Baths:

7
Full Baths:

7

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas
Cooling:

Central Air, Zoned

Utilities

Sewer:

Public Sewer, Storm Sewer
Electric:

Service - 400 Amp or Greater
Water Source:

Lake Michigan, Public

Appliances

Appliances:

Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Range Hood

Schools

Elementary School:

Greeley Elementary School
Elementary School District:

36
Middle Or Junior School:

Carleton W Washburne School
Middle Or Junior School District:

36
High School:

New Trier Twp H.S. Northfield/Wi
High School District:

203

The Community

Association Fee Includes:

None
Association Fee Frequency:

Not Applicable
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Parking Features:

On Site, Attached, Garage
Garage Spaces:

2

Monthly cost estimate

Asking price

$4,495,000

Expense	Monthly cost
Mortgage	$24,069
Taxes	$1,546
Insurance	$1,236
Utilities	$221 See report
Total	$27,072/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
4/11/25 Apr 11, 2025	Listed / Active	MRED	$4,495,000
2/28/25 Feb 28, 2025	Listed / Active	MRED

Want a closer look?

Go see 518 Elder Lane

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Winnetka, IL

Similar sold homes

This house located in North Shore, Winnetka, IL 60093 is currently for sale for $4,495,000. 518 Elder Lane is a 7,500 square foot house with 5 beds and 7 baths that has been on Estately for 4 days. 518 Elder Lane is in the North Shore neighborhood of Winnetka and has a WalkScore® of 54, making it somewhat walkable. This house is in the attendance area of New Trier Township High School Northfield Campus, New Trier Township High School Winnetka Campus, Greeley Elementary School, Carleton Washburne School, and The Skokie School.

Listing courtesy of MRED, Coldwell Banker Realty, and Matan Aharoni 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 Apr 11, 2025, 08:15 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.