** Multiple offers received. Highest & Best offers due by Friday, March 4th at 5pm Central ** This fabulous 1973 contemporary / modern home by architect J. Michael DeLapp has been completely and beautifully remodeled by its current owners in a style that perfectly suits the home. Set on a shy acre with beautiful, year-round pond views, you'll enter in through a see-through foyer to find a wonderful, open plan with fantastic flow and tons of natural light. The spacious kitchen has a huge waterfall-style island, and will delight with its double ovens, high-end refrigerator and six-burner cooktop. The kitchen is open to the family room that features beamed ceilings, a brick wood-burning fireplace and many built-ins. At the far end of the family room you'll find the screened porch with pond views and sliders into the dining room as well. The dining room shares its 2-sided fireplace with the large living room around the corner, and both spaces enjoy an abundance of natural light and volume wood-clad, beamed ceilings along the outside walls thanks to the home's clever design. A remodeled powder room, laundry room with large window & utility sink, and a three-car garage round out the main level. Follow the modern, open-riser stairs to the second level, where you'll arrive at the loft leading to the office: An incredible space with sliders to a private balcony overlooking the pond, as well as clerestory windows that make this an amazing space to spend time and work. There are also four bedrooms on the 2nd level, including a generously-sized Primary Bedroom with vaulted, wood-clad, beamed ceilings and an open dressing room concept behind a partition wall, and a private en-suite bath featuring a walk-in shower, and a huge walk-in closet. Bedroom 2 features south-facing windows for tremendous natural light, and is currently being used as an office. Bedrooms 3 and 4 both feature vaulted, wood-clad, beamed ceilings, and bedroom 3 has a lovely built-in desk and storage area. The 2nd full bath on this level has been beautifully remodeled with a floating vanity and dimensional tile in the tub / shower surround. Throughout the house, beautiful details will appeal to your sense of design, such as the built-ins, vast windows, skylights, wonderful modern geometry, and the beauty of the redwood beams and ceiling / wall planking. Full basement offers an amazing amount of storage. Sellers hate to leave the gorgeous home they've created for themselves, but corporate relocation has them moving out of state.
Single-familyProperty Type
1973Year Built
0.98 acresLot Size
$297Est. Price/Sq.Ft.
3 car garageParking
Listed by Lou Zucaro• Baird & Warner
Bought with Orest Zubrycky• Coldwell Banker Realty
This contemporary home features sunlight galore and is nestled on a wooded acre with water view. Enter to find beamed cathedral ceilings, 2 fireplaces, large living rm, formal dr, family rm w/fpl, study, den, open kitchen w/brfst bar and more. 3+ car garage, lg laundry rm, screened porch, full bsmt and lots of storage too! Pella windows/sliders. This home needs a little help to make it shine. Bring your imagination!
Public Records
Nov 6, 2003
Sold
$507,500
$164/sq ft
Public Records
Oct 27, 1997
Sold
$395,000
$128/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,464 (+0.7%)
$49,655 + $143,020
$192,675
2024
$12,371 (−0.3%)
$49,655 + $143,020
$192,675
2023
$12,409 (+6.9%)
$47,558 + $136,979
$184,537
2022
$11,610 (+3.3%)
$46,281 + $133,300
$179,581
2021
$11,236 (+2.0%)
$44,960 + $120,826
$165,786
2020
$11,019 (+1.6%)
$43,808 + $117,730
$161,538
2019
$10,844 (−4.8%)
$43,426 + $116,703
$160,129
2018
$11,393 (+2.5%)
$46,713 + $122,507
$169,220
2017
$11,121 (+0.5%)
$46,713 + $122,507
$169,220
2016
$11,069 (+2.6%)
$46,150 + $121,030
$167,180
2015
$10,792 (+3.1%)
$44,689 + $117,198
$161,887
2013
$10,471 (+4.3%)
$41,870 + $103,466
$145,336
2012
$10,039 (+4.2%)
$42,254 + $104,415
$146,669
2011
$9,638 (−14.8%)
$43,660 + $111,446
$155,106
2010
$11,315 (+4.0%)
$43,063 + $148,592
$191,655
2008
$10,877 (+9.2%)
$44,857 + $154,783
$199,640
2007
$9,964
$43,638 + $143,555
$187,193
Tax history for 21877 N Rainbow Rd
Year
Property tax
Land + Additions
Assessment*
2025
$12,464 (+0.7%)
$49,655 + $143,020
$192,675
2024
$12,371 (−0.3%)
$49,655 + $143,020
$192,675
2023
$12,409 (+6.9%)
$47,558 + $136,979
$184,537
2022
$11,610 (+3.3%)
$46,281 + $133,300
$179,581
2021
$11,236 (+2.0%)
$44,960 + $120,826
$165,786
2020
$11,019 (+1.6%)
$43,808 + $117,730
$161,538
2019
$10,844 (−4.8%)
$43,426 + $116,703
$160,129
2018
$11,393 (+2.5%)
$46,713 + $122,507
$169,220
2017
$11,121 (+0.5%)
$46,713 + $122,507
$169,220
2016
$11,069 (+2.6%)
$46,150 + $121,030
$167,180
2015
$10,792 (+3.1%)
$44,689 + $117,198
$161,887
2013
$10,471 (+4.3%)
$41,870 + $103,466
$145,336
2012
$10,039 (+4.2%)
$42,254 + $104,415
$146,669
2011
$9,638 (−14.8%)
$43,660 + $111,446
$155,106
2010
$11,315 (+4.0%)
$43,063 + $148,592
$191,655
2008
$10,877 (+9.2%)
$44,857 + $154,783
$199,640
2007
$9,964
$43,638 + $143,555
$187,193
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.98 Acres
Year renovated
1973
Sq. Ft.
3,092
Year built
1973
Style
Single Family Residential
County
Lake County
APN
14-30-101-003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Property details
Parking
Parking Information
# Of Cars: 3
# of Garage Spaces: 3
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)
Interior Features: Vaulted/Cathedral Ceilings, Skylight(s), Built-in Features, Walk-In Closet(s), Beamed Ceilings, Open Floorplan, Some Carpeting, Some Wall-To-Wall Cp
# of Rooms: 11
Equipment
Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Water Softener, Gas Cooktop, Wall Oven
Humidifier, Water-Softener Owned, TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
Fireplace Information
# of Fireplaces: 2
Fireplace Location: Family Room,Living Room,Dining Room
Fireplace Features: Double Sided, Wood Burning, Gas Log, More than one
Exterior
Exterior Features
Exterior Features: Balcony, Deck, Porch Screened
Building Information
Living Area Source: Assessor
Exterior Building Type: Other
Age: 41-50 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter
Aprox. Total Finished Sq Ft: 3,092
Property Information
Property Type: Detached Single
Property Type: 2 Stories
Main Sq Ft: 1855
Model: CUSTOM CONTEMPORARY
Ownership: Fee Simple
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2014
Total Finished/Unfinshed Sq Ft: 4,947
Total Sq Ft: 3,092
Unfinished Basement Sq Ft: 1855
Upper Sq Ft: 1237
General Information: School Bus Service,Commuter Train
Parcel Number: 14301010030000
Lot Information
Dimensions: 262 X 165
Lot Size: .50-.99 Acre
Lot Features: Water View, Wooded, Mature Trees
WaterfrontYN: Yes
Zero Lot Line: No
Financial
Tax Information
Tax Annual Amount: $11,019.34
Tax Year: 2020
Tax Exemptions: Homeowner
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Private Well
Sewer: Septic-Private
Electric: 200+ Amp Service
Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air, Zoned
Location
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 95
Elementary School: Isaac Fox Elementary School
Middle Or Junior School District: 95
Middle Or Junior School: Lake Zurich Middle - S Campus
High School District: 95
High School: Lake Zurich High School
Location Information
Subdivision Name: Mossley Hill Farm
Township: Ela
Corporate Limits: Deer Park
Directions: Cuba Road, north onto Rainbow Road to house on right side.
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 3,092
Stories: 2.0
Lot Size: 0.98 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: 1973
County: Lake County
APN: 14-30-101-003
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Around this home
Schools
Isaac Fox Elementary School
Public K-5 • Assigned • 1.6mi
9/10
Lake Zurich Middle - S Campus
Public 6-8 • Assigned • 1.5mi
9/10
Lake Zurich High School
Public 9-12 • Assigned • 2.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 13 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Deer Park, IL • 60010
Average low and high temperatures (°F)
28
14
37
21
53
33
61
42
68
48
80
62
85
67
80
63
77
57
66
48
49
36
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$874,000 – $1.06M
Reach more buyers when you sell with Redfin. Save up to $9,198 in fees.3 minutes to get started.