Rare opportunity for the last remaining vacant lot in Meadowood $799,000

Lot Off Market

Rare opportunity for the last remaining vacant lot in Meadowood Park Subdivision, comprising 10 exclusive properties. On a tranquil tree-lined drive, truly shining in the summer months, feeling very much like your own private & serene nature conservancy on a picturesque pond (idyllic at sunset). 1.1 acres (46,580 sq ft) of premium land to build your custom home, including city easements (conservation forest, pond detention basin, drainage, public utilities). - - - Located within short distance to beautiful Meadowood Park...Lake Forest Open Lands' Mellody Farm Nature Preserve (LFOLA's Cattails & Cocktails Spring celebration!)...Lake Forest Open Lands' Middlefork Farm Nature Preserve, featuring a spectacular Oak/Hickory Savanna (LFOLA's Bagpipes & Bonfire Fall celebration!)...Elawa Farm Foundation (Fri/Sat Garden Market in Spring/Summer/Fall!)...Wildlife Discovery Center...Lake County's Middlefork Savanna* Forest Preserve, featuring a 4-mile trail & greenway (perfect for a contemplative or challenging run winding along the North Branch Chicago River!). For the cycling enthusiast, the property links directly to the North Shore & Skokie Valley bike paths. - - *a rare 100-acre tallgrass savanna featuring a mix of oak savanna and woodlands, wet and mesic prairies, sedge meadows and marshes - - - - Keen to exit a 21yr investment to a motivated buyer; perhaps, a growing family currently in the city looking to build their dream home & life in Lake Forest, a local architect/builder imagining a signature portfolio project, or a current Meadowood Park Subdivision neighbor. - - - Offer price ($17/sq ft) based on recent comparable^ Lake Forest vacant lot sales and current market pricing: 1205 Acorn Trail ($16/sq ft), 1131 Turicum Road ($14/sq ft), 1101 Jensen Drive ($20/sq ft), 1615 W Broadland Lane ($18/sq ft). - - ^similarly valued neighboring homes as 9 residences in Meadowood Park Subdivision - - - - Parcel purchased in April 2000 for $585k~. Since purchase, $170k~ taxes paid as land carrying cost investment in Lake Forest's special community. - - - - As a 22yr resident of Lake Forest (Meadowood Park Subdivision & Conway Farms), will be excited to connect about the opportunity!