This home's estimate is 23% higher than the average sale price ($634K) of 6 comparable homes.
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81 Island Bay Ln, Springfield, IL 62712
About this home
You will love this spacious, sprawling Ranch on a 1.77-acre lot in a prime location on LAKE SPRINGFIELD. This unique location allows views of LAKE SPRINGFIELD from all rooms of the house. 4 bedrooms 3 full baths, including a walk out bsmt that is setup for in-laws/guest quarters with BR/BA/kitchenette/family rm. The main kitchen is set up for the gourmet cook for entertaining & family gatherings. Large island, eating area views of the LAKE. Spacious family room, sunroom, & main flr laundry room. The master suite is impressive in size and has all that you want & need. If you are looking for an opportunity to have a LAKE HOME that meets the needs of a growing, extended family or weekend family retreat, put this on your must-see list. Large wooded lot, gentle slope to quiet bay with main body view, slow boat traffic perfect for dockside lake activities. 2 slip covered boat dock. Roof 3 yrs. APPROX. LAKE LEASE IN ATTACHMENTS.

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Market trends in 62712, IL
Last updated October 2026
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Provided by Redfin
Sale history for 81 Island Bay Ln
$154/sq ft
$142/sq ft
$106/sq ft
Tax history for 81 Island Bay Ln
*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
R-1
Single-Family Residence District
This district is designed to provide a suitable open character for single-family detached dwellings at low densities. The districts also include community facilities and public open space uses which serve the residents of these districts or which an open residential environment benefits.Include but are not limited to:
- Community / recreation center
- Religious facility
- Housing-Single unit
- Educational/school
- Golf related
- Sports arena / stadium
- Agriculture-Cropland
- Park & open space
Property details
Parking
- Parking Information
- Has Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached
Interior
- Bedroom Information
- Bedrooms (Total): 4
- Bathroom Information
- Bathrooms (Full): 3
- Bathrooms (Half): 0
- Room 1 Information
- Room 1 Full Bathrooms: 2
- Room 1 Half Bathrooms: 0
- Room 1 Area: 3560
- Room 1 Area Units: Feet.Inches
- Room 1 Type: Main Level
- Room 2 Information
- Room 2 Full Bathrooms: 0
- Room 2 Half Bathrooms: 0
- Room 2 Type: Upper Level
- Room 3 Information
- Room 3 Full Bathrooms: 0
- Room 3 Half Bathrooms: 0
- Room 3 Area Units: Feet.Inches
- Room 3 Type: Lower Level
- Room 4 Information
- Room 4 Full Bathrooms: 1
- Room 4 Half Bathrooms: 0
- Room 4 Area: 1007
- Room 4 Area Units: Feet.Inches
- Room 4 Type: Basement
- Room 5 Information
- Room 5 Full Bathrooms: 0
- Room 5 Half Bathrooms: 0
- Room 5 Area Units: Feet.Inches
- Room 5 Type: Additional Level
- Room 6 Information
- Room 6 Egress Window: Yes
- Room 6 Flooring: Carpet
- Room 6 Length: 39
- Room 6 Level: Main
- Room 6 Type: Bedroom 1
- Room 6 Width: 31
- Room 7 Information
- Room 7 Egress Window: Yes
- Room 7 Flooring: Carpet
- Room 7 Length: 11.1
- Room 7 Level: Main
- Room 7 Type: Bedroom 2
- Room 7 Width: 14
- Room 8 Information
- Room 8 Egress Window: Yes
- Room 8 Flooring: Carpet
- Room 8 Length: 12.7
- Room 8 Level: Main
- Room 8 Type: Bedroom 3
- Room 8 Width: 11.4
- Room 9 Information
- Room 9 Egress Window: Yes
- Room 9 Flooring: Carpet
- Room 9 Length: 13.1
- Room 9 Level: Basement
- Room 9 Type: Bedroom 4
- Room 9 Width: 10.07
- Room 10 Information
- Room 10 Flooring: Carpet
- Room 10 Length: 15
- Room 10 Level: Main
- Room 10 Type: Living Room
- Room 10 Width: 22.9
- Room 11 Information
- Room 11 Flooring: Carpet
- Room 11 Length: 20
- Room 11 Level: Main
- Room 11 Type: Family Room
- Room 11 Width: 17
- Room 12 Information
- Room 12Flooring: Tile
- Room 12 Length: 21
- Room 12 Level: Main
- Room 12 Type: Dining Room
- Room 12 Width: 10
- Room 13 Information
- Room 13 Flooring: Tile
- Room 13 Length: 15.6
- Room 13 Level: Main
- Room 13 Type: Kitchen
- Room 13 Width: 22.7
- Room 14 Information
- Room 14 Flooring: Tile
- Room 14 Length: 21.01
- Room 14 Level: Basement
- Room 14 Type: Recreation Room
- Room 14 Width: 17.04
- Room 15 Information
- Room 15 Flooring: Tile
- Room 15 Length: 7.8
- Room 15 Level: Main
- Room 15 Type: Laundry
- Room 15 Width: 17.5
- Room 16 Information
- Room 16 Flooring: Other
- Room 16 Description: Sunroom
- Room 16 Length: 19.6
- Room 16 Level: Main
- Room 16 Type: Additional Room
- Room 16 Width: 11.9
- Room 17 Information
- Room 17 Flooring: Other
- Room 17 Description: 2nd Laundry/Utility
- Room 17 Length: 22.04
- Room 17 Level: Basement
- Room 17 Type: Additional Room 2
- Room 17 Width: 14.07
- Room 18 Information
- Room 18 Full Bathrooms: 0
- Room 18 Half Bathrooms: 0
- Room 18 Type: Third Floor
- Heating & Cooling
- Heating: Electronic Air Filter, Forced Air
- Room Information
- Has Basement
- Basement: Crawl Space, Partial, Partially Finished, Walk-Out Access
- Interior Features
- Cable Available,In-Law Floorplan,Ceiling Fan(s)
- Appliances: Dishwasher, Disposal, Microwave, Other, Refrigerator
- Fireplace Features: Gas Log, Living Room, Other
- Fireplaces Total: 3
Exterior
- Property Type
- Property Sub Type: Single Family Residence
- Exterior Features
- Dock, Boat Lift, Shed(s)
- Roof: Shingle
- Property Information
- Other Structures: Outbuilding
- Property Sub Type: Single Family Residence
- Lot Information
- Lot Features: Lake View, Sea Wall, Sloped, Wooded
- Lot Size Acres: 1.77
- Lot Size Dimensions: Irregular
- Building Information
- Is New Construction: No
- Building Area Total: 3560
Financial
- Tax Information
- Tax Year: 2024
- Tax Annual Amount: 12566.18
- Tax Legal Description: Maple Grove Tr C-1 Sec 35
Utilities
- Utility Information
- Water Source: Public Sewer, Public
Location
- School Information
- High School: Chatham District #5
- Location Information
- Directions: Toronto Road E to W Lake Shore Dr to Island Bay to house on Rt.
- Subdivision Name: None
- MLS Area Minor: Lake Springfield
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 1.78 acres
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Sangamon County
- APN: 22350401007
Other
- Listing Information
- MLS Area Minor: Lake Springfield
- Standard Status: Closed
- Home Information
- Living Area: 4567
- Building Area Total: 3560
- Year Built: 1954
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-4 • Assigned • 2.5mi
Public 7-8 • Assigned • 3.2mi
Public 9-12 • Assigned • 4.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 20 days in 30 years
2% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 10.2 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.
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Home values near 81 Island Bay Ln
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $802,687 |
- Beds | - Baths | - Sq. Ft. | $769,186 |
- Beds | - Baths | - Sq. Ft. | $589,652 |
3 Beds | 3 Baths | 3210 Sq. Ft. | $418,788 |
5 Beds | 4.5 Baths | 7012 Sq. Ft. | $887,699 |
4 Beds | 3.5 Baths | 4251 Sq. Ft. | $469,877 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $1,163,248 |
3 Beds | 3 Baths | 3729 Sq. Ft. | $753,201 |
4 Beds | - Baths | 2870 Sq. Ft. | $531,711 |
5 Beds | 4 Baths | 4224 Sq. Ft. | $500,916 |
4 Beds | 3 Baths | 3088 Sq. Ft. | $516,839 |
4 Beds | 3 Baths | 3298 Sq. Ft. | $478,622 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 4501 Sq. Ft. | $839,952 |
- Beds | - Baths | - Sq. Ft. | $355,551 |
4 Beds | 3.5 Baths | 3850 Sq. Ft. | $461,760 |
5 Beds | 3.5 Baths | 3600 Sq. Ft. | $546,100 |
- Beds | - Baths | - Sq. Ft. | $533,318 |
- Beds | - Baths | - Sq. Ft. | $630,194 |
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