# 38856 N Cedar Crest Drive, Lake Villa, IL 60046

> **TL;DR:** 4bd/4ba single family, $1,450,000 ($264/sqft), built 2001, 5,494 sqft.
> Fireplace, Waterfront, Hardwood, A/C. Est. $6,358/mo. Listed 19 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,450,000 |
| Price/sqft | $264 |
| Bedrooms | 4 |
| Bathrooms | 3 full, 1 half |
| Square Feet | 5,494 |
| Year Built | 2001 |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 19 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,283 |
| HOA | $75 |
| **Total** | **$6,358** |

## Key Amenities

- Fireplace
- Waterfront
- Hardwood
- A/C

## Property Highlights

- Built in 2001
- 2 stories
- 3 parking spaces
- Fireplace
- Waterfront

## Description

### Agent Description
Welcome to this custom-built lakefront home on Petite Lake, offering stunning panoramic views and seamless indoor-outdoor living on a 0.433-acre lot. Rare opportunity to own a lakefront home featuring a walkout lower level with level,easy access to your private pier-no step terrain or exterior stairs, a true standout among lakefront properties. Custom-designed to capture beautiful lake views while enhancing the comfort and ease of lakefront living. The stone-accented exterior features multiple patios, a lakeside deck, and enclosed porches-ideal for entertaining and relaxing. Inside, the two-story great room showcases a floor-to-ceiling fireplace and a wall of windows overlooking the lake. The open-concept kitchen includes a large island, abundant cabinetry, and flows into the dining and living areas. Main-level primary suite features dual walk-in closets, spa-like bath with whirlpool tub and Opulent spa shower with body jets, direct laundry access, and a private three-season porch. Upstairs offers two bedrooms, full bath, and loft. The walkout lower level includes a large recreation room with fireplace, an additional three-season porch, and a fourth bedroom-perfect for guests or extended stays. Recent updates include two Trane furnaces with humidifiers (2024). This turnkey opportunity includes pier, all appliances (including additional lower-level units), TVs with surround sound, outdoor and porch furniture (Lloyd Flanders), pool table, basketball game and gas grill. Opportunities like this-combining level lake access, panoramic views, and a custom designed home-are rarely available on the Chain O'Lakes, let alone Petite Lake. Schedule your private showing today and experience lakefront living at its finest.

## Location

- **Address:** 38856 N Cedar Crest Drive, Lake Villa, IL 60046
- **County:** Lake
- **Coordinates:** 42.428079, -88.127638
- **Google Maps:** https://www.google.com/maps?q=42.428079,-88.127638

## Listing Agent

- **Name:** Larry Fales
- **Brokerage:** Re/Max Advantage
- **Phone:** (847) 293-6453
- **Email:** call@larryfales.com

## Primary Photo

![38856 N Cedar Crest Drive - Primary Photo](http://lh.rdcpix.com/b9250099e41c5982ff9dca4ca5d52fc2l-f929060563r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/38856-n-cedar-crest-drive-lake-villa-il-60046-12647703)*

---

**MLS#:** 12647703 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/38856-n-cedar-crest-drive-lake-villa-il-60046-12647703)

---

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