Darlene And Robert J. Bobb Sell Lake Forest Estate For $5 Million With Rubenstein Fox Team
663 Circle Lane
$5,000,000
$471/SF
Building Size
10,616 SF
Asset Type
Single Family
Closing
Dec 17, 2024
AI
A single-family estate located at 663 Circle Lane in Lake Forest has recently been sold off-market for $5,000,000. This Georgian-style mansion spans 10,616 square feet and sits on 2.43 lakefront acres, showcasing significant value in both size and location. The transaction reflects a price per square foot of $471.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Address: 663 Circle Lane
- Market: Lake Forest
- Acres: 2.43
- Square Footage: 10,616
- Price per Square Foot: $471
- Seller: Darlene & Robert J. Bobb
- Seller's Representative: Laura Kerstein & Marlene Rubenstein - Rubenstein Fox Team - Baird & Warner
- Broker: Branislav Simic - Pivot Properties
This transaction involved Darlene and Robert J. Bobb selling their property, with representation by Laura Kerstein and Marlene Rubenstein from Rubenstein Fox Team at Baird & Warner. The buyers were represented by Branislav Simic of Pivot Properties, who facilitated the deal before the property was listed publicly for $6 million.
Players
Lake Forest Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93