518 Elder Ln

7,500 Sq. Ft.
$560 / Sq. Ft.
7,500
Sq. Ft.
$560
per Sq. Ft.

Description

Stunning new construction transitional home with approximately 7,500 square feet of meticulously finished space, the home is located on one of the most picturesque streets in East Winnetka in an unbeatable location. The home is close to town, walking distance to the beach, schools and train. This home features 6 bedrooms, 7 full baths, a show room worthy kitchen with luxury appliances including Sub-Zero refrigerators and freezers, Wolf range, drawer style microwave, spacious walk-in pantry and custom...Stunning new construction transitional home with approximately 7,500 square feet of meticulously finished space, the home is located on one of the most picturesque streets in East Winnetka in an unbeatable location. The home is close to town, walking distance to the beach, schools and train. This home features 6 bedrooms, 7 full baths, a show room worthy kitchen with luxury appliances including Sub-Zero refrigerators and freezers, Wolf range, drawer style microwave, spacious walk-in pantry and custom cabinetry throughout. The finished lower level includes entertainment room with fireplace and TV, full size wet bar with an island, media room, Golf Simulator and Exercise room. Spacious finished third level is a great addition in the home that can be utilized for an Au Pair/nanny or make a phenomenal additional home office/guest room. The home is pre-wired for all your audio and visual needs in addition to security and smart home systems. This home is truly an entertainers dream! The Expansive backyard is the perfect size to create your personal oasis, plenty of space for a large pool and simply the space of your dreams. Agent has ownership interest, home is ready to be shown and is in the touch up/cleaning process. Some photos are of builders previous work.
  1. Listed by Matan Aharoni • Coldwell Banker Realty
    P: (847)-668-8576 Matan@TheAharoniGroup.com; matan@cbrealty.com

Sold By Compass

Property Details for 518 Elder Lane

Area
Winnetka
Township
New Trier
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air, Zoned
Num of Interior Fireplaces
2
LISTING UPDATED: 12/17/2025 02:11 PM

Property Details for 518 Elder Lane

StatusClosed
MLS #12487218
Days on Market16
Taxes$18,554 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 3 Stories
Year Built2025
Lot Size0.28 AC / 12,210 SF
CountyCook County
Add your commute

Building Information for 518 Elder Lane

Stories-Year Built2025Building Size-Lot Size0.28 AC / 12,210 SF

Payment Calculator

$22,016 per month

30 year fixed, 6.15% Interest

Principal and Interest

$20,470

Property Taxes

$1,546

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 518 Elder Lane

General Information
School Information
  • Elementary School District: 36
  • Elementary School: Greeley Elementary School
  • Jr High Middle School: Carleton W Washburne School
  • High School District: 203
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle Or Junior School District: 36
Addtl Parking Information
  • Parking Details: Asphalt, Brick Driveway, Yes, Attached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 1
  • Attic: Finished
  • Fireplace Features: Gas Starter, Masonry
  • Basement Type: Finished, Full
  • Bedrooms Possible: 6
  • Air Conditioning: Central Air, Zoned
  • Electric: Service - 400 Amp or Greater
  • Dining Room: Separate
  • Basement Bathrooms: Yes
  • Fireplace Location: Family Room,Basement
  • Room Type: Bedroom 5, Bedroom 6, Office
  • Num of Baths: 7.0
Exterior Features
  • Type: 3 Stories
Utilities / Equipment
  • Sewer: Sewer-Public, Storm Sewer
  • Water: Lake Michigan, Public
  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal, Range Hood
Property/Lot Information
  • New Construction YN: Yes
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: NEW Ready for Occupancy
  • Type Detached: 3 Stories
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: .25-.49 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 74X165
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick
  • Roof Type: Slate
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service
  • Living Area Source: Builder
  • Assessor Square Footage: 2584
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 29
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 20X15
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X12
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X13
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 16X12
Bedroom #5 Information
  • 5th Bedroom Level: Third
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 16X24
Bedroom #6 Information
  • 6th Bedroom Level: Basement
  • Room Type: Bedroom 6
  • Bedroom #6 Room Dimensions: 13X11
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 14X15
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 18X20
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 18X20
Laundry Information
  • Laundry Level: Second
  • Room Type: Laundry
  • Laundry Dimensions: 6X10
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 12X14
Office Information
  • Room Level: Main
  • Room Type: Office
  • Dimensions: 12X13

Property History for 518 Elder Lane

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Sold

MRED #12487218

$4,200,000
Dec 15, 2025

Sold (Public Record)

Public Record #1924107422

$4,200,000

+96.8% / yr

Oct 18, 2025

Pending

MRED #12487218

Oct 3, 2025

Listed (Active)

MRED #12487218

$4,399,995
Oct 1, 2025

Cancelled

MRED #12335263

$4,495,000
Apr 11, 2025

Cancelled

MRED #12257894

$4,495,000
Apr 10, 2025

Listed (Active)

MRED #12335263

$4,495,000
Feb 28, 2025

Listed (Active)

MRED #12257894

$4,495,000
Jan 31, 2024

Listed (Active)

MRED #12257894

$4,495,000
Dec 23, 2023

Sold (Public Record)

Public Record #1525079259

$1,100,000
DateEvent & SourcePrice
12/17/2025

Sold

MRED #12487218

$4,200,000
12/15/2025

Sold (Public Record)

Public Record #1924107422

$4,200,000

+96.8% / yr

10/18/2025

Pending

MRED #12487218

10/03/2025

Listed (Active)

MRED #12487218

$4,399,995
10/01/2025

Cancelled

MRED #12335263

$4,495,000
04/11/2025

Cancelled

MRED #12257894

$4,495,000
04/10/2025

Listed (Active)

MRED #12335263

$4,495,000
02/28/2025

Listed (Active)

MRED #12257894

$4,495,000
01/31/2024

Listed (Active)

MRED #12257894

$4,495,000
12/23/2023

Sold (Public Record)

Public Record #1525079259

$1,100,000

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

Public Records for 518 Elder Lane

Taxable ValueLand$40,293Additions$45,707Total$86,000
Tax Record2023$18,554 ($1,546 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt2,584 SqFtAbove Grade Finished SqFt2,584 SqFtStories2Lot Size12,210 SqFtStyleSingle Family ResidenceYear Built1914CountyCOOKAPN05-21-317-017

Schools near 518 Elder Lane

This home is within Winnetka School District 36.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9
Rating
School
Distance
Greeley Elementary School
PublicK to 4

The Skokie School
Public5 to 6

Carleton W Washburne School
Public7 to 8

New Trier Township H S Northfield
Public9

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.

Neighborhood Map and Transit

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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 Coldwell Banker Realty

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 12/17/2025 02:11 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.