Sold113d on market
518 Elder Ln
Winnetka, IL, 60093 • 60093 • Cook County
$4,200,000
$560/sqft
6Beds
7Baths
7,500Sqft
0.28 acLot
2025Built
Property DNA
2 Fireplaces
Gas Starter · Masonry · Family Room · Basement
2-Car Garage
Asphalt · Brick Driveway · Attached · Garage
Market activity
Demand and pricing signals for this listing
45 views
People checking out this listing
1 saves
Buyers have saved this home
113 days on market
Established listing
$560/sqft
Price per square foot
About this home
Single Family · Built 2025
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.
Standout features identified
Our analysis highlights luxury appliances, spacious finished third level, and spacious walk-in pantry as key attractions of this home.
Estimated monthly payment
Based on current rates
$27,393/month
Principal & Interest$21,793
Property Tax$4,200
Insurance$1,400
Down payment20% ($840,000)
3%50%
Est. 6.75% rate · 30yr fixed · $3,360,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built2025
HeatingNatural Gas
CoolingCentral Air, Zoned
Parking2 Attached Garage spaces
Lot0.28 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionNew Construction
Year built2025
Stories3
Systems
HeatingNatural Gas
CoolingCentral Air, Zoned
RoofSlate
ConstructionBrick
Water / SewerLake Michigan, Public / Public Sewer, Storm Sewer
Parking & Outdoor
ParkingAsphalt, Brick Driveway, Attached, Garage
Garage2 spaces
BasementFinished,Full
Fireplaces2
Lot0.28 Acres
Location & Tax
Neighborhood60093
Annual tax$18,554
Parcel0521317017
Bathrooms & Fees
Full baths7
Features & details
8 categories of property features
Interior Features
Appliances
Range
Microwave
Dishwasher
High End Refrigerator
Bar Fridge
Freezer
Washer
Dryer
Disposal
Range Hood
Heating
Natural Gas
Cooling
Central Air
Zoned
Laundry
Multiple Locations
Fireplace
Gas Starter
Masonry
Family Room
Basement
Accessibility
No Disability Access
Exterior Features
Parking
Asphalt
Brick Driveway
Attached
Garage
Construction
Brick
Room details
19 rooms detailed
Master Bedroom
Second20×15 ft300 sqft
Bathroom (Full)
Bedroom2
Second12×12 ft144 sqft
Bedroom3
Second12×13 ft156 sqft
Bedroom4
Second16×12 ft192 sqft
Bedroom5
Third16×24 ft384 sqft
Bedroom6
Basement13×11 ft143 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market113
Est. value$4,340,700
Est. rent$5,068/mo
Tax rate1.99%
Price/sqft$560
On marketOct 3, 2025
PostedOct 3, 2025
Last sold$4,200,000
MLS statusClosed
MLS updatedDec 17, 2025
Tour days6
Views45
Favorites1
How are the schools in Winnetka?
3 schools rated nearby
Location
Winnetka, IL, 60093
Price history
9 events
DateEventPrice$/sqftSource
Dec 17, 2025Sold$4,200,000$560MRED as distributed by MLS GRID
Oct 18, 2025Pending Sale$4,399,995$587MRED as distributed by MLS GRID
Oct 3, 2025Listed For Sale$4,399,995$587MRED as distributed by MLS GRID
Oct 1, 2025Listing Removed$4,495,000$599MRED as distributed by MLS GRID
Apr 11, 2025Listed For Sale$4,495,000$599MRED as distributed by MLS GRID
Apr 11, 2025Listing Removed$4,495,000$599MRED as distributed by MLS GRID
Feb 28, 2025Listed For Sale$4,495,000$599MRED as distributed by MLS GRID
Jan 8, 2024Sold$1,100,000$147Public Record
Jun 26, 2000Sold$725,000$97Public Record
Sold$4,200,000
Dec 17, 2025•$560/sqft•MRED as distributed by MLS GRID
Pending Sale$4,399,995
Oct 18, 2025•$587/sqft•MRED as distributed by MLS GRID
Listed For Sale$4,399,995
Oct 3, 2025•$587/sqft•MRED as distributed by MLS GRID
Listing Removed$4,495,000
Oct 1, 2025•$599/sqft•MRED as distributed by MLS GRID
Listed For Sale$4,495,000
Apr 11, 2025•$599/sqft•MRED as distributed by MLS GRID
Listing Removed$4,495,000
Apr 11, 2025•$599/sqft•MRED as distributed by MLS GRID
Listed For Sale$4,495,000
Feb 28, 2025•$599/sqft•MRED as distributed by MLS GRID
Sold$1,100,000
Jan 8, 2024•$147/sqft•Public Record
Sold$725,000
Jun 26, 2000•$97/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2023$18,554$86,000
Apr 10, 2022$17,426$86,000
Apr 10, 2021$18,268$76,387
Apr 10, 2020$18,716$76,387
Apr 10, 2019$20,106$89,650
Apr 10, 2018$15,052$66,187
Apr 10, 2017$16,731$75,350
Apr 10, 2016$19,044$88,514
Apr 10, 2015$17,606$74,183
Apr 10, 2014$18,759$80,487
Apr 10, 2013$18,842$84,684
Apr 10, 2012$19,076$89,756
Apr 10, 2011$18,262$89,756
Apr 10, 2010$16,892$89,756
Apr 10, 2009$17,396$105,643
Apr 10, 2008$17,073$115,989
Apr 10, 2007$16,647$120,064
Apr 10, 2006$14,163$85,087
Apr 10, 2005$13,918$85,087
Apr 10, 2004$13,419$85,087
Apr 10, 2003$13,576$70,749
Apr 10, 2002$12,584$70,749
Apr 10, 2001$10,699$70,749
Apr 10, 2000$10,387$57,283
Apr 10, 1999$9,663$57,283
Nearby homes
Neighborhood details
Local context around this listing
Winnetka, IL • Cook County
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60093
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Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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