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About this home
Move right into this exceptional brick Georgian, where timeless architecture meets extensive updates, an outstanding floor plan, and gracious living in a coveted neighborhood. Featuring a new Brava roof (2025) and a beautifully updated gourmet kitchen (2026), this home combines classic elegance with modern amenities, versatile living spaces, and exceptional privacy. A gorgeous landscaped front entrance by Chalet (2025), accented by a bluestone walkway, welcomes you to the grand foyer with its elegant bridal staircase. The gracious living room features a new fireplace surround, while the inviting library/lounge offers a private retreat for work or relaxation. The dining room is ideal for intimate family dinners and larger gatherings, with a butler's pantry providing additional cabinetry and convenient access to the stunning kitchen. Designed for everyday living and effortless entertaining, the newly renovated kitchen features top-of-the-line appliances, quartzite countertops and backsplash, an oversized island with breakfast bar, and a walk-in pantry. The adjoining breakfast area and planning desk provide both convenience and functionality, while French doors open to the expansive, beautifully landscaped backyard set on over 1.3 acres and large bluestone patio. The exceptional private grounds feature a tranquil water feature and charming pergola, creating a serene outdoor retreat. The kitchen flows seamlessly into the spectacular vaulted-ceiling family room, complete with a stylish wet bar (2021) and expansive windows overlooking the private, fenced backyard. A first-floor bedroom and full bath offers flexibility as a guest retreat or private office. A spacious laundry room and mudroom complete the first floor. The second floor features four generously sized bedrooms and well-appointed baths, including a luxurious primary suite. This peaceful retreat offers a generous walk-in closet, spa-inspired bath with tub, separate shower and private water closet, and a private balcony overlooking the beautifully landscaped grounds. The back staircase leads to an expansive recreation or bonus room with endless possibilities, complemented by a separate office/craft room or homework area. The finished lower level further expands the living space with a large recreation room, exercise room, full bathroom, tons of storage, and private office or optional sixth bedroom. Additional highlights include beautiful hardwood floors throughout, with the second-floor flooring and staircase refinished (2021), a four-car garage with epoxy flooring, generator, and lawn irrigation system. Enjoy a peaceful setting just moments from shopping, schools, Open Lands walking paths, and everyday amenities. A truly extraordinary home in an outstanding neighborhood!
Single-familyProperty Type
1996Year Built
1.36 acresLot Size
$435Price/Sq.Ft.
$27/moHOA Dues
4 car garageParking
Listed by Susan Amory Weninger• @properties Christie's International Real Estate
North Shore, located between Evanston and Lake Forest, is a residential and lakeside Chicago neighborhood with leafy ravines and a shoreline park system. The neighborhood’s character concentrates around the Metra stations and village centers along Green Bay Road, where independent cafes, bookstores, and small galleries line walkable blocks. Writers Theatre and the North Shore Center for the Performing Arts anchor the cultural calendar, while the Chicago Botanic Garden sets a seasonal rhythm just beyond the lakefront. Streets of brick Colonials, Tudors, and mid-century homes sit behind mature trees and stone walls. Lake Michigan beaches and the Green Bay Trail shape daily routines with long, linear outdoor corridors. Commuter rail and lakefront drives connect the area to downtown without changing its quiet, curated pace.
Provided by Walk Score and Local Logic
Offer insights
351 Wallace Rd · $2,500,000
$2.57M and above
75% chance or better to win
Why $2.57M+ is a strong offer
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
LIST PRICE
$2,500,000
Median list price in this area is $469,382. (81% lower than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in features
Walk-in closets
Screens
Two fireplaces, in the living room and family room, with gas starters
Bedrooms
5 bedrooms: one on the main level and four on the second level
Bathrooms
5 full bathrooms and 1 half bathroom
Whirlpool tub, separate shower, and double sinks
Full bathroom in the basement
Kitchen
Breakfast bar
Table space
Island
Butler's pantry
Walk-in pantry
Double oven, microwave, dishwasher, refrigerator, freezer, disposal, and cooktop
Laundry & utility
Main-level laundry
Laundry chute and sink
Washer and dryer
Multiple water heaters
Humidifier
Flooring
Hardwood flooring
Carpet
Luxury vinyl flooring
Heating & cooling
Natural gas forced-air and radiant-floor heating
Central air conditioning
Zoned heating and cooling
Exterior features
Deck and patio
Fenced
Landscaped grounds with mature trees and wooded views
Adjacent to a nature preserve
Home design
Detached, two-story Georgian design
Parking
Attached garage with 4 spaces
Brick circular driveway
Garage door opener
Security
Security system
Carbon monoxide detectors
Construction
Brick construction
Concrete perimeter foundation
26–30 years old
Utilities
Lake Michigan and public water
Public sewer
Circuit-breaker electrical service
Lawn sprinkler system
Generator
HOA & community
Annual association fee of $325
Community features include sidewalks, street lights, and paved streets
Electricity and solar
View estimated energy costs and solar savings for this home
Stately elegance eminates in this beautiful Georgian . Enter this gated property to be welcome to a large marble foyer with bridal staircase. There is a library/office privately set, off the Living room. Other office in the finished lower level. Perfect for working at home. The formal dining room could host large parties and family dinners, opening to the butler pantry adjacent to the kitchen with extra glass cabinets . The large living room has French windows and a fireplace. Huge vaulted ceiling family room with spectacular views of the privately fenced in yard, while the large gourmet kitchen is wonderful for family gathering together, preparing the best dinners; the island features a breakfast bar, top of the line appliances, a planning desk and a walk-in pantry. The breakfast area opens up with French doors to the expansive yard and the large stone patio. The bedroom suite on the 1st floor is close to the kitchen and the back staircase. The second floor is a host to 4 bedrooms including the master suite. This luxurious master suite has large walk-in closet, a spa-like bathroom, whirlpool, separate shower, separate water closet and a balcony for an end of the day quiet moments overlooking the special backyard with a fountain, lily pond, perennials and a pergola. The finished lower level features large recreation room, sitting room, bar area, an office, full bathroom & a finished storage space. For the car lovers, the 4 car garage with epoxy floor is wonderful space for that extra car . Other Features: Cherry wood floors, newer furnaces & A/C. There is a generator, sump pump back up system, leaf filter added this year to the gutters/lawn sprinkler system. This gated property offers serene setting and privacy. Easy access to shopping, schools, highways & tollways. Walking distance to the market, restaurants & coffee shop. Close to Open Lands. Enjoy short & long walks in this great location.
MRED as Distributed by MLS Grid #10769224
Mar 15, 2021
Listing Removed
—
Year
Property tax
Land + Additions
Assessment*
2025
$33,701 (+8.5%)
$198,303 + $396,260
$594,563
2024
$31,048 (−0.9%)
$198,303 + $396,260
$594,563
2023
$31,327 (+7.7%)
$176,774 + $353,239
$530,013
2022
$29,099 (+6.9%)
$169,649 + $339,001
$508,650
2021
$27,219 (+2.6%)
$178,678 + $311,952
$490,630
2020
$26,518 (+3.4%)
$172,270 + $300,764
$473,034
2019
$25,644 (−1.8%)
$172,340 + $300,885
$473,225
2018
$26,111 (+1.9%)
$182,667 + $323,564
$506,231
2017
$25,618 (−6.4%)
$182,667 + $323,564
$506,231
2016
$27,360 (+1.4%)
$182,084 + $372,896
$554,980
2015
$26,981 (+4.0%)
$175,199 + $358,795
$533,994
2013
$25,931 (+0.4%)
$165,790 + $317,846
$483,636
2012
$25,839 (+4.3%)
$168,024 + $337,636
$505,660
2011
$24,782 (−10.1%)
$176,311 + $354,288
$530,599
2010
$27,561 (+3.2%)
$193,615 + $444,236
$637,851
2008
$26,713 (+7.0%)
$205,144 + $470,689
$675,833
2007
$24,962
$204,170 + $468,453
$672,623
Public record
Public record
Permits
Beds
4
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
1.36 Acres
Year renovated
1996
Finished Sq. Ft.
7,873
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,873
Year built
1996
Style
Single Family Residential
County
Lake County
APN
16-06-203-012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
May 10, 2021 • Final
Home sewer inspection
Plumbing
Mar 20, 2020 • Final
Building
Perform fire damage repairs on the building.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Lake Forest, IL • 60045
Average low and high temperatures (°F)
29
14
37
21
52
32
60
41
66
47
79
61
84
67
80
64
76
58
66
48
49
37
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Lake Forest. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 351 Wallace Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,350,000 and $2,300,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.4M to $2.3M.