Welcome to this charming Cape Cod-style home nestled along the Nippersink Channel, offering beautiful views and direct access to the Chain of Lakes. Fully rehabbed in 2016, this home features 3 bedrooms, 2 full baths, and over 1,600 square feet of comfortable living space. Inside, you'll find an open-concept main floor with wood laminate flooring, stainless steel appliances, and convenient main-level laundry. Large windows frame picturesque water views, filling the home with natural light. Step outside to enjoy the spacious deck-perfect for relaxing or entertaining-as well as a private fenced yard, fire pit, and your own dock for lakeside enjoyment and boat slip. Boat included! The detached 1.5-car garage and asphalt driveway offer ample parking and storage. Whether you're looking for a full-time residence or a weekend escape, this beautifully updated waterfront home delivers charm, comfort, and unbeatable scenery in a serene, established neighborhood.
Single-familyProperty Type
1935Year Built
0.27 acresLot Size
$242Est. Price/Sq.Ft.
1 car garageParking
Listed by Margaret Gancer• Compass
Bought with Vanessa Preston• @properties Christie's International Real Estate
Nicely maintained rustic house with detached garage. Home borders channel that leads to lake chain. Open design on main level. All 3 bedrooms upstairs. Backyard leads to boat dock.
7 years ago• May not reflect the current state of the home
Michael Miller
Redfin Associate agent
Sale history for 37456 N Terrace Ln
Date
Event
Price
MRED as Distributed by MLS Grid #12387523
Jul 25, 2025
Sold (MLS) (Closed)
$351,000
$212/sq ft
Jun 27, 2025
Contingent (Contingent - Continue to Show)
—
Jun 11, 2025
Listed (Active)
$375,000
$226/sq ft
Public Records
Aug 18, 2022
Sold
$302,500
$183/sq ft
MRED as Distributed by MLS Grid #11425087
Jul 7, 2022
Sold (MLS) (Closed)
$302,500
$183/sq ft
Jun 7, 2022
Contingent (Contingent - Continue to Show)
—
Jun 2, 2022
Listed (Active)
$290,000
$175/sq ft
COME GET AWAY FROM IT ALL AT THIS ADORABLE CABIN STYLE CHAIN O'LAKES WATERFRONT HOME ON NIPPERSINK CREEK OFFERS TONS OF CHARACTER. THIS THREE-BEDROOM, TWO FULL BATH HOME HAS EASY ACCESS TO PISTAKEE LAKE AND BOASTS PANORAMIC WATER VIEWS. NICE NEWER PERMANENT PIER WAS INSTALLED IN 2018 AND OFFERS COMPOSITE DECKING, SUN DECK, BOAT SLIP, SPACE FOR WAVE RUNNERS AND GUEST MOORING. LARGE DECK WITH NAUTICAL ROPE RAILING OVERLOOKS THE WATER AND YARD WITH STONE WALKWAY AND FIRE PIT. DECORATIVE GLASS DOOR OPENS TO THE LIVING ROOM COMPLEMENTED BY KNOTTY PINE WALLS WITH LOG AND STONE ACCENTS, LARGE WINDOWS WITH AMAZING WATER VIEWS TO WATCH THE BOATS GO BY. DINING ROOM FEATURES LOG AND STONE WALLS. KITCHEN BOASTS MANY OAK CABINETS, RUSTIC BACKSPLASH, NEW SINK AND ALL STAINLESS-STEEL APPLIANCES. FAMILY ROOM FEATURES KNOTTY PINE PLANK WALLS, RECESSED LIGHTING AND TWO PANEL ARCH TOP KNOTTY PINE INTERIOR DOORS TO FULL BATH, LAUNDRY ROOM AND UTILITY ROOM. MAIN BATH OFFERS TWO OAK VANITIES, ONE WITH SINK, NEW TOILET AND NEW ONE-PIECE SHOWER. UPPER-LEVEL PRIMARY BEDROOM FACES THE WATER AND OFFERS FANTASTIC VIEWS PLUS TWO CLOSETS. SECOND AND THIRD BEDROOMS EACH HAVE A CLOSET AND FEATURE NEW KNOTTY PINE PANELING. UPPER-LEVEL FULL BATH HAS BEEN GUTTED AND COMPLETELY REMODELED WITH GLISTENING WHITE TILE IN TUB & SHOWER AREA, NEW WHITE BATHROOM FIXTURES, LVP FLOOR AND NEW HEATER IN 2021. HALLWAY HAS VINTAGE BUILT-IN CABINET, SMALL STORAGE ROOM AND ATTIC ACCESS. MAIN LEVEL LAUNDRY ROOM HAS BI-FOLD DOORS FOR EASY ACCESS TO WASHER, DRYER AND STORAGE AREA. UTILITY ROOM HAS BOILER, RHEEM WATER HEATER, WATER SOFTENER AND WELL PRESSURE TANK. UPDATED LIGHT FIXTURES & CEILING FANS. UPDATED EXTERIOR DOORS & WINDOWS, NEWER ROOF & SIDING IN 2015. BACK DECK AT MAIN ENTRY. LARGE YARD FEATURES NEWLY INSTALLED FENCE WITH DOUBLE GATES IN 2021 AND 82 FEET OF WATER FRONTAGE WITH STEEL SEAWALL. DETACHED GARAGE WITH DRIVEWAY PARKING. COME HAVE FUN IN THE SUN AND ON THE WATER AT THIS CHAIN OF LAKES WATER FRONT HOME JUST MINUTES TO FOX LAKE METRA TRAIN STATION.
Public Records
Mar 8, 2022
Sold
$240,000
$145/sq ft
MRED as Distributed by MLS Grid #11239067
Nov 8, 2021
Sold (MLS) (Closed)
$240,000
$145/sq ft
Oct 8, 2021
Pending (Active Under Contract (Do Not Show))
—
Oct 6, 2021
Listed (Active)
$240,000
$145/sq ft
+24
This beautiful waterfront home is ready for a new owner!!. Property sits on a deep channel that goes out to Pistakee Lake. Property consists of 3 bedrooms and 2 FULL bathrooms. Updated kitchen with all stainless steel appliances. Open concept living room with a dining room and great views of the water. All 3 bedrooms are up stairs, which includes a large master bedroom with views of the water. Enjoy nights and weekend out by the firepit just steps from the water. Newer year round pier system is 3 years old. There is a 1.5 car detached garage with plenty of room for all your toys. Weather you make it a weekend home or year round home, this property has it all. Close to shopping, Metra, and Wilmot Mountain. Come see what lake living is all about!!!
Public Records
Oct 15, 2019
Sold
$210,000
$127/sq ft
MRED as Distributed by MLS Grid #10443272
Sep 9, 2019
Sold (MLS) (Closed Sale)
$210,000
$127/sq ft
Jul 31, 2019
Pending
—
Jul 8, 2019
Listed (New)
$239,000
$144/sq ft
MRED as Distributed by MLS Grid #10275339
Jul 8, 2019
Listing Removed
—
Jun 25, 2019
Price Changed
*
May 4, 2019
Price Changed
*
Apr 15, 2019
Price Changed
*
Feb 18, 2019
Listed (New)
*
MRED as Distributed by MLS Grid #10015937
Dec 12, 2018
Listing Removed
—
Sep 22, 2018
Price Changed
*
Aug 2, 2018
Price Changed
*
Jul 12, 2018
Listed (New)
*
MRED as Distributed by MLS Grid #09363977
Nov 17, 2016
Sold (MLS) (Closed Sale)
$182,500
$110/sq ft
Oct 15, 2016
Contingent
—
Oct 11, 2016
Listed (New)
$190,000
$115/sq ft
MRED as Distributed by MLS Grid #09115010
Aug 10, 2016
Listing Removed
—
Jul 10, 2016
Price Changed
*
Jan 12, 2016
Price Changed
*
Jan 12, 2016
Listed (New)
*
MRED as Distributed by MLS Grid #09006718
Jan 4, 2016
Listing Removed
—
Aug 9, 2015
Listed (New)
*
Public Records
Apr 9, 2015
Sold
$11,000
$7/sq ft
Public Records
Nov 20, 2008
Sold
$165,000
$100/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,132 (+11.2%)
$17,451 + $70,837
$88,288
2024
$5,514 (−1.1%)
$17,451 + $70,837
$88,288
2023
$5,577 (−1.0%)
$16,161 + $57,795
$73,956
2022
$5,631 (+12.1%)
$15,225 + $54,447
$69,672
2021
$5,023 (+19.1%)
$12,296 + $55,617
$67,913
2020
$4,217 (+8.2%)
$11,590 + $47,228
$58,818
2019
$3,899 (+6.5%)
$10,955 + $34,114
$45,069
2018
$3,661 (+9.2%)
$17,045 + $23,913
$40,958
2017
$3,353 (−5.8%)
$17,045 + $23,913
$40,958
2016
$3,558 (+3.0%)
$15,755 + $22,103
$37,858
2015
$3,453 (−20.9%)
$14,409 + $20,215
$34,624
2013
$4,368 (+3.7%)
$13,332 + $25,234
$38,566
2012
$4,211 (+5.8%)
$12,989 + $34,275
$47,264
2011
$3,978 (+3.5%)
$13,809 + $36,440
$50,249
2010
$3,845 (+8.3%)
$13,813 + $40,349
$54,162
2008
$3,550 (+18.6%)
$14,204 + $41,490
$55,694
2007
$2,995
$13,783 + $40,260
$54,043
Tax history for 37456 N Terrace Ln
Year
Property tax
Land + Additions
Assessment*
2025
$6,132 (+11.2%)
$17,451 + $70,837
$88,288
2024
$5,514 (−1.1%)
$17,451 + $70,837
$88,288
2023
$5,577 (−1.0%)
$16,161 + $57,795
$73,956
2022
$5,631 (+12.1%)
$15,225 + $54,447
$69,672
2021
$5,023 (+19.1%)
$12,296 + $55,617
$67,913
2020
$4,217 (+8.2%)
$11,590 + $47,228
$58,818
2019
$3,899 (+6.5%)
$10,955 + $34,114
$45,069
2018
$3,661 (+9.2%)
$17,045 + $23,913
$40,958
2017
$3,353 (−5.8%)
$17,045 + $23,913
$40,958
2016
$3,558 (+3.0%)
$15,755 + $22,103
$37,858
2015
$3,453 (−20.9%)
$14,409 + $20,215
$34,624
2013
$4,368 (+3.7%)
$13,332 + $25,234
$38,566
2012
$4,211 (+5.8%)
$12,989 + $34,275
$47,264
2011
$3,978 (+3.5%)
$13,809 + $36,440
$50,249
2010
$3,845 (+8.3%)
$13,813 + $40,349
$54,162
2008
$3,550 (+18.6%)
$14,204 + $41,490
$55,694
2007
$2,995
$13,783 + $40,260
$54,043
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
8,093 Sq. Ft.
Year renovated
1935
Sq. Ft.
1,521
Year built
1935
Style
Single Family Residential
County
Lake County
APN
05-04-302-006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R-1
Residential District
The R-1 Districts are intended to accommodate low-density, large-lot residential development and to ensure the protection of areas that develop in such a manner. These districts are a higher density version of the very-low density RE District. Like the RE District, the E and R-1 Districts are expected to accommodate only a very small amount of the county’s overall housing needs. These districts primarily serve those households who desire to live in low-density estate areas and are willing to assume the costs of doing so. Because of the relatively sparse population in E-zoned and R-1-zoned areas, the county will not give high priority to the provision of public services in the areas. Instead, public service provision by the county will be concentrated in areas where more intense future development is called for by the Regional Framework Plan. The low densities permitted in the E and R-1 Districts generally permit in accordance with applicable Lake County Health Department rules; see Chapter 171 on-site, individual sewage disposal systems and wells, thereby reducing the need for inefficient public expenditures. The R-1 Districts are intended to implement and correspond to the Regional Framework Plan’s Residential-Medium Lot future land use designation.
Permitted uses
Include but are not limited to:
Equestrian facility
Religious facility
Housing-Single unit
Public service
Educational/school
Golf related
Communications tower
Agriculture-Cropland
Park & open space
Water related-Wetland
Property details
Parking
Parking Information
# of Garage Spaces: 1.5
# of Parking (Total): 1.5
Parking Features: Asphalt, On Site, Garage Owned, Detached, Owned, Garage