Sue Carey Of Baird & Warner Represents Buyer In $8.3M Sale Of Lakefront Mansion In Lake Forest

A single family lakefront mansion located at 347 Bluffs Edge Drive in Lake Forest has been reported as sold for $8,300,000. The property spans 11,400 square feet and was listed initially at $11.9 million, reflecting a 30% discount from the original asking price. Built in 2020, this transaction marks one of the highest home sales in the Chicago metro area this year, indicating ongoing demand for limited North Shore lakefront properties, despite adjusting price strategies.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $8,300,000
• Square Footage: 11,400
• Price Per Square Foot: $728
• Address: 347 Bluffs Edge Drive
• Market: Lake Forest
• Buyer's Representative: Sue Carey - Baird & Warner
• Seller's Representative: Houda Chedid - Compass

This transaction involved representation from two real estate brokers. Houda Chedid from Compass represented the seller’s estate of Tom Fuller, while Sue Carey from Baird & Warner represented the buyer. This significant deal showcases the continued activity within the luxury real estate market, particularly for properties alongside the lakefront.