Lake Geneva Mansion Sells For $14M In Off-Market Deal
Geneva Lakefront Realty brokers deal for $14,000,000 in Lake Geneva
8,700 SF
Summary
A Lake Geneva mansion located on Loramoor Drive has been recently sold for $14 million, making it the highest-priced home transaction in the Chicago area this year. This impressive property spans across 1.4 acres and features a spacious 8,700 square feet of living space. Situated in the sought-after Lake Geneva market, this single-family home offers luxurious amenities and stunning waterfront views.
Summary of transaction details:
- Property Type: Single Family Residence (SFR)
- Sale Price: $14,000,000
- Total Square Footage: 8,700 SF
- Price per Square Foot: $1,609
- Address: Loramoor Drive, Lake Geneva
- Market: Lake Geneva
- Acres: 1.4
In this off-market deal, buyers were willing to pay the full asking price, which is a rarity in the waterfront home market near Chicago's North Shore and downtown. The successful transaction was facilitated by David Curry, a representative from Geneva Lakefront Realty, who acted as the broker in this sale. This significant sale showcases the desirability and value of Lake Geneva's luxury real estate.
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