508 Silver Lake Ct

2,215 Sq. Ft.
$257 / Sq. Ft.
2,215
Sq. Ft.
$257
per Sq. Ft.

Description

Discover luxury living in Lake Falls with this exceptional 5-bedroom, 4.5-bath residence offering over 3,300 square feet of finished living space. From the sun-drenched two-story great room to the spacious first-floor primary suite and gourmet eat-in kitchen, every detail of this home is designed for elegance and ease. The second floor provides two additional bedroom suites, each complete with its own private full bath for ultimate comfort and privacy. The daylight lower level features a generous...Discover luxury living in Lake Falls with this exceptional 5-bedroom, 4.5-bath residence offering over 3,300 square feet of finished living space. From the sun-drenched two-story great room to the spacious first-floor primary suite and gourmet eat-in kitchen, every detail of this home is designed for elegance and ease. The second floor provides two additional bedroom suites, each complete with its own private full bath for ultimate comfort and privacy. The daylight lower level features a generous family room, kitchenette, two bedrooms, and another full bath-ideal for hosting long-term guests or creating a private retreat. Nestled on a rare corner lot, this home captures scenic views of a stream and mature trees. The backyard is nothing short of a private resort, with professional landscaping, custom-designed seating areas, and a secure fence creating a perfect blend of beauty and privacy.
  1. Listed by Brad Blumenshine • Re/max Realty Associates-Mahom
    P: (217)-840-4381 C: (217)-840-4381 bradblumenshine@remax.net

Property Details for 508 Silver Lake Court

Area
Champaign, Savoy
Subdivision
Lake Falls
Township
Tolono
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
LISTING UPDATED: 01/21/2026 09:24 PM

Property Details for 508 Silver Lake Court

StatusActive
MLS #12455934
Days on Market176
Taxes$13,928 / year
HOA Fees$400 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 1.5 Story
Year Built2015
Lot Size0.28 AC / 12,000 SF
CountyChampaign County

Location

Listing Courtesy of Re/max Realty Associates-Mahom
Add your commute

Building Information for 508 Silver Lake Court

Stories-Year Built2015Building Size-Lot Size0.28 AC / 12,000 SF

Payment Calculator

$3,972 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,778

Property Taxes

$1,161

HOA Dues

$33

The Payment Calculator is for illustrative purposes only.

Property Information for 508 Silver Lake Court

General Information
School Information
  • Elementary School District: 4
  • Elementary School: Unit 4 Of Choice
  • Jr High Middle School: Champaign/Middle Call Unit 4 351
  • High School District: 4
  • High School: Central High School
  • Middle Or Junior School District: 4
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Attached, Garage
Location and General Information
  • Front Exposure: South
Taxes and HOA Information
  • Association Fee Frequency: Annually
  • Association Fee Includes: Other
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Interior Property Features: 1st Floor Bedroom, Cathedral Ceiling(s), Wet Bar
  • Num Of Rooms: 9
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 2
  • Community Features: Sidewalks
  • Bath Amenities: Whirlpool
  • Fireplace Features: Gas Log
  • Basement Type: Finished, Full
  • Bedrooms Possible: 5
  • Air Conditioning: Central Air
  • Basement Sq Ft: 1141
  • Dining Room: Separate
  • Grid: 84
  • Basement Bathrooms: Yes
  • Room Type: Bedroom 5, Foyer, Pantry, Walk In Closet, Deck, Recreation Room, Other Room
  • Num of Baths: 4.1
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
  • Type: 1.5 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Microwave, Dishwasher, Refrigerator, Cooktop, Oven, Range Hood
  • Other Equipment: Sump Pump, CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 11-15 Years
  • Type Detached: 1.5 Story
  • Total Sq Ft: 2215
  • Aprox Total Finished Sq Ft: 3356
  • Total Finished and Unfin Sq Ft: 3356
  • Lower Sq Ft: 0
  • Main Sq Ft: 1564
  • Upper Sq Ft: 651
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 100X120
  • Zero Lot Line: No
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Stone, Vinyl Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus
  • Below Grade Finished Area: 1141.0
  • Living Area Source: Other
  • Assessor Square Footage: 1666
  • Unfinished Basement Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2025-09-05T15:24:16
  • Photos Count: 61
  • Rural: N
  • OpenHouse Count: 9
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 14X17
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 13X19
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 18X12
Bedroom #4 Information
  • 4th Bedroom Level: Basement
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 13X14
Bedroom #5 Information
  • 5th Bedroom Level: Basement
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 13X11
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 13X8
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 13X17
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 13X9
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 21X18
Deck Information
  • Room Level: Main
  • Room Type: Deck
  • Dimensions: 22X10
Walk In Closet 1 Information
  • Room Level: Main
  • Room Type: Walk In Closet
  • Dimensions: 14X7
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Dimensions: 9X9
Recreation Room Information
  • Room Level: Basement
  • Room Type: Recreation Room
  • Dimensions: 33X21
Pantry Information
  • Room Level: Main
  • Room Type: Pantry
  • Dimensions: 6X5
Other Room Information
  • Room Level: Basement
  • Room Type: Other Room
  • Dimensions: 12X8

Property History for 508 Silver Lake Court

DateEvent & SourcePriceAppreciation
Jan 8, 2026

Price Change

MRED #12455934

$569,900
Dec 6, 2025

Listed (Active)

MRED #12455934

$589,000
Oct 7, 2025

Contingent

MRED #12455934

Sep 5, 2025

Listed (Active)

MRED #12455934

$589,000
Sep 23, 2015

Sold

MRED #09452647

$412,000
Aug 26, 2015

Sold (Public Record)

Public Record #558817262

$412,000
Aug 18, 2015

Pending

MRED #09452647

Aug 11, 2014

Listed (Active)

MRED #09452647

$429,900
DateEvent & SourcePrice
01/08/2026

Price Change

MRED #12455934

$569,900
12/06/2025

Listed (Active)

MRED #12455934

$589,000
10/07/2025

Contingent

MRED #12455934

09/05/2025

Listed (Active)

MRED #12455934

$589,000
09/23/2015

Sold

MRED #09452647

$412,000
08/26/2015

Sold (Public Record)

Public Record #558817262

$412,000
08/18/2015

Pending

MRED #09452647

08/11/2014

Listed (Active)

MRED #09452647

$429,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 508 Silver Lake Court

Taxable ValueLand$31,720Additions$156,620Total$188,340
Tax Record2024$13,928 ($1,161 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt2,705 SqFtAbove Grade Finished SqFt1,564 SqFtFinished Basement SqFt1,141 SqFtStories1StyleSingle Family ResidenceYear Built2015CountyCHAMPAIGNAPN292601484001Fireplace TypeHas Fireplace

Schools near 508 Silver Lake Court

This home is within Champaign Community Unit School District 4.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Carrie Busey Elementary School
PublicK to 5

International Prep Academy
PublicK to 8

Central High School
Public9 to 12

Vernon L Barkstall Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

508 Silver Lake Court is a single family home for sale in Savoy, IL 61874. This property was listed for sale on September 5, 2025 by Re/max Realty Associates-Mahom, it's currently listed at $569,900. It has been on the market for a total of 176 days and was last sold on September 23, 2015. This listing's school district is Champaign Community Unit School District 4. Nearby schools include Carrie Busey Elementary School, International Prep Academy and Central High School. 508 Silver Lake Court is a 5-bed, 5-bath, 2,215 sqft single family home built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/max Realty Associates-Mahom

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/21/2026 09:24 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.