Joseph & Colleen Liotine Buy Lake Forest Mansion From Spectre Interests For $5.175M

The 13,360-square-foot estate located at 1460 Lake Road in Lake Forest was recently sold for $5.175 million. The property sits on a vast 2.06-acre lot and features seven bedrooms and nine bathrooms. The French Manor-style mansion was purchased by Joseph and Colleen Liotine from Spectre Interests, after a 35 percent reduction from its original asking price of nearly $8 million.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $5,175,000
• Market: Lake Forest
• Address: 1460 Lake Road
• Buyer: Joseph & Colleen Liotine
• Seller: Spectre Interests
• Brokers: Andra O'Neill, Brandie Malay & Ann Lyon from Christie's International Real Estate
• Square Footage: 13,360
• Price Per Square Foot: $387

Andra O'Neill, Brandie Malay, and Ann Lyon from Christie's International Real Estate facilitated the transaction, representing the respective parties in the deal. Notably, the former COO of Whirlpool was the buyer of this impressive Lake Forest property, acquiring the mansion at a reduced price, signaling a successful transaction for all involved parties.