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$4,495,000
61 Days On Site

518 Elder Lane
Winnetka, IL 60093

For Sale|Single Family Residence|Active
5
Beds
7
Full Baths
0
Partial Baths
7,500
SqFt
$599
/SqFt
2025
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty
Call Now: 847.967.0022
Is this the home for you? We can help make it yours.
847.967.0022
518 Elder Lane518 Elder Lane518 Elder Lane518 Elder Lane
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Absolutely stunning transitional home with approximately 7,500 square feet finished space. Exterior is constructed of Brick and Brava slate roofing system. The home is located on one of the most picturesque streets in East Winnetka. Close to town, walking distance to the beach, schools and train; this home features 6 bedrooms, 7 full baths, A spectacular kitchen with top of the line appliances including Sub-Zero refrigerators/freezers, luxury Wolf range, drawer style microwave, stunning walk in pantry. The finished lower level includes entertainment room with fireplace and TV, full size wet bar with an island, media/theater room, Golf Simulator/Exercise room. Spacious finished third floor is great addition for the home and would make for a great space for your Au Pair/nanny or make a phenomenal additional home office/guest room. The home also offers security system, back-up generator ready and is prewired for Smart home system. This house has it all! Backyard is south facing and has plenty of space for an inground pool. Still time to make some custom changes, builders expectation is to have the home ready prior to the new school year. Agent has ownership interest.

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Listing Snapshot
Price 
$4,495,000
Days On Site 
61 Days
Bedrooms 
5
Inside Area (SqFt) 
7,500 sqft
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
0.28 Acres
Year Built 
2025
MLS® Number 
12257894
Status 
Active
Property Tax 
$17,426
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Builder
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
4 weeks agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.28
Attached Garage 
Yes
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
2
Parking 
Attached
Parking Spaces 
2
Property Condition 
New Construction
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
RangeMicrowaveDishwasherBar FridgeFreezerWasherDryerDisposalWine RefrigeratorRange Hood
Basement 
FinishedFull
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Family RoomGas StarterMasonry
Fireplaces 
2
Heating 
Natural Gas
Bedroom 2 
Dimensions - 12X12Level - Second
Bedroom 3 
Dimensions - 12X13Level - Second
Bedroom 4 
Dimensions - 16X12Level - Second
Bedroom 5 
Dimensions - 16X24Level - Third
Bedroom 6 
Dimensions - 13X11Level - Basement
Den 
Dimensions - 12X13Level - Main
Dining Room 
Dimensions - 14X15Level - Main
Exercise Room 
Dimensions - 19X19Level - Basement
Family Room 
Dimensions - 18X20Level - Main
Kitchen 
Dimensions - 18X20Level - MainDescription - Eating Area-Table Space,Island,Pantry-Butler,Pantry-Walk-in,Custom Cabinetry,Pantry,SolidSurfaceCounter
Laundry 
Dimensions - 6X10Level - Second
Living Room 
Dimensions - 10X12Level - Main
Master Bedroom 
Dimensions - 20X15Level - Second
Media Room 
Dimensions - 15X19Level - Basement
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Exterior Features
Construction Details 
Brick
Roof 
Slate
Community Features
MLS Area 
Winnetka
School District 
New Trier Twp H.S. Northfield/Wi
Township 
New Trier
Schools
School District
New Trier Twp H.S. Northfield/Wi
Elementary School
Greeley Elementary School
Middle School
Carleton W Washburne School
High School
New Trier Twp H.S. Northfield/Wi
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty



Based on information submitted to the MLS GRID as of 2025-04-03 12:01 AM UTC. 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.
Last checked: 2025-04-03 12:01 AM UTC
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Neighborhood & Commute
Source: Walkscore
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