Mona Hellinga Of Christie's International Real Estate Represents Seller In Sale Of Lake Forest Home For $6.3M
745 East Woodland Road
$6,300,000
$863/SF
Building Size
7,300 SF
Asset Type
Single Family
Closing
Apr 29, 2026
AI
A single-family home located at 745 East Woodland Road in Lake Forest has been sold for $6,300,000. The property encompasses 7,300 square feet of living space and sits on 1.24 acres. The sale price reflects a cost of approximately $863 per square foot and is noted as $250,000 below its initial asking price of $6.5 million. The estate features five bedrooms and is situated near Lake Michigan, making it a notable property in the area.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,300,000
- Square Footage: 7,300
- Address: 745 East Woodland Road
- Market: Lake Forest
- Acres: 1.24
- Price per Square Foot: $863
- Previous Owner: Robert Morrison
- Sale Date: 04/29/2026
- Broker: Mona Hellinga - Christie's International Real Estate
Mona Hellinga represented the seller in this transaction, while the identity of the buyer remains undisclosed. Robert Morrison acquired the property in 2020 for $2.9 million from the estate of Nancy Hughes. Renovations on the home were completed between 2022 and 2024. This sale ranks as the second-most expensive transaction in Lake Forest for the year.
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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93