Frankfort · Will County · IL
Homes for sale in
Lighthouse Pointe.
- Active listings
- 7
- Median list
- $720K
- Avg time on market
- 73 days
- Sold · last year
- 0
Active listings
7 homes on the market
Be the first to know when a new Lighthouse Pointe home hits the market
Text + email the moment a new listing matches.
About the community
A phased east-Frankfort community with ponds and open space.
Lighthouse Pointe is a phased Planned Unit Development on the east side of Frankfort, off St. Francis Road between La Grange Road and 84th Avenue, planned for roughly 152 homes at full build-out. It mixes single-family detached homes with attached product, including newer ranch-style duplexes by O'Malley Builders. Early sections date to the mid-2000s, and construction continues today. The setting is defined by ponds and a creek and open-space corridor, plus more than 90 acres of walking paths, and a Great Lakes lighthouse theme runs through the street names. It sits in Summit Hill District 161 and Lincoln-Way District 210, with Lincoln-Way East about a mile away.
At a glance
Homes and ranch duplexes
Single-family detached homes plus newer O'Malley ranch-style duplexes with full basements.
Ponds and open space
Retention ponds and a creek corridor, not a recreational lake, define the setting.
90-plus acres of paths
Extensive walking paths, slated for Frankfort Square Park District maintenance at full build-out.
Summit Hill 161 and Lincoln-Way 210
Lincoln-Way East High School is about a mile away. Confirm the assigned schools by address.
Phased and still building
A PUD with mid-2000s sections and current new construction, so building activity continues.
Route 45 and I-80
About a half-mile east of La Grange Road, with I-80 a short drive north.
Metra in Mokena
The nearest stations are the Rock Island District stops in Mokena, a short drive away.
Downtown Frankfort
Historic downtown Frankfort, the Old Plank Road Trail, and dining are minutes northwest.
What’s close
Lighthouse Pointe sits on the east side of Frankfort near Route 45 (La Grange Road), a short drive from I-80 and historic downtown Frankfort.
- Highway
- About a half-mile east of Route 45 (La Grange Road), with I-80 a short drive north toward I-57 and I-355.
- Train
- The nearest Metra stations are the Rock Island District stops in Mokena (Hickory Creek and Mokena), a short drive away.
- Downtown
- Historic downtown Frankfort, with Breidert Green, the Old Plank Road Trail, restaurants, and a seasonal market, minutes northwest.
- Shopping
- Retail and dining along La Grange Road and toward Orland Park.
- Hospital
- Silver Cross Hospital in New Lenox, a reasonable drive southwest.
- Schools
- Summit Hill District 161 for elementary and junior high and Lincoln-Way District 210 for high school, with Lincoln-Way East about a mile away. Confirm by address.
What it’s actually like to live here
Lighthouse Pointe suits buyers who want newer or newer-feeling construction in an established, amenity-rich suburb without moving to the far exurban edge. The nautical street theme, the pond lots, and the 90-plus acres of walking paths give it a distinct identity, and the range of housing, from larger detached homes to low-maintenance ranch duplexes, means it can work for move-up families and for downsizers who want single-level living. Being in Summit Hill 161 and Lincoln-Way 210, with Lincoln-Way East roughly a mile away, is a genuine draw for school-focused households.
Day to day the location leans convenient rather than secluded. Quick access to Route 45 and I-80 puts shopping, dining, and Silver Cross Hospital within a short drive, and historic downtown Frankfort adds walkable charm and community events a few minutes away. The neighborhood's open space is real, though the recreation model relies more on the Frankfort Square Park District than on private HOA facilities, so a buyer expecting a clubhouse or pool should reset that expectation.
The honest tradeoffs start with the name. Despite Pointe, this is not a lakefront community, so set water expectations to ponds and a creek corridor rather than a recreational lake. Property taxes are high, as they are across Will County, and should be budgeted carefully. Because it is a phased PUD still seeing new construction, buyers in earlier phases may live alongside ongoing building for a time, HOA dues differ by home type, and commuting by train means a drive to Mokena's Rock Island stations rather than a walk to a station in Frankfort.
Market trends
Why this market moves the way it does
Lighthouse Pointe blends attached and detached homes across build eras, so price per square foot and condition matter as much as headline price. Newer O'Malley duplexes and larger detached homes sit at the top of the range, and the schools and open space are the durable demand drivers.
What holds value
The fundamentals matter more than the cosmetics here. Buyers want floor plan, lot, and basement, in that order. Cosmetics are the tiebreaker.
- Summit Hill 161 and Lincoln-Way 210
- Well-regarded districts, with Lincoln-Way East about a mile away, are a steady draw for families.
- Open space and paths
- Ponds and 90-plus acres of walking paths support value over plainer nearby subdivisions.
- Newer ranch duplexes
- Single-level O'Malley duplexes with full basements draw downsizers and set a top-of-range reference.
- Home type and vintage
- The mix of attached and detached homes across build eras means updated, well-sized homes hold value and dated ones lag.
- Lot position
- Pond and open-space lots carry a premium over interior lots.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
Will County taxes are high, and on homes at this level the annual bill is a serious line item. Pull the actual tax history for the specific parcel and check exemptions rather than estimating.
The name oversells the water. There is no recreational lake here, just retention ponds and a creek corridor, and part of the site touched a FEMA flood-zone boundary that was re-surveyed during a later phase approval. Confirm the flood status and the water feature for the specific lot.
This is a phased PUD that mixes home types and build years, so quality and floor plans vary from street to street, and earlier-phase buyers may live near ongoing construction. Commuting by train means a drive to the Rock Island stations in Mokena, not a walk to a station in Frankfort.
One piece of advice
“Lighthouse Pointe gets you newer homes and single-level ranch duplexes with real open space in strong Frankfort-area schools, close to Route 45 and I-80. Just confirm the assigned schools by address, verify the flood status and the water feature for the specific lot, and budget carefully for Will County taxes and the home-type-specific HOA dues.”
The questions buyers actually ask
Lighthouse Pointe FAQ
The questions I get most from buyers shopping Lighthouse Pointe. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- There is a homeowners association (managed by Wright Property Management) that oversees common areas and covenants, and dues vary by home type, detached homes versus townhomes and duplexes. Notably, the community's 90-plus acres of walking paths are slated for Frankfort Square Park District maintenance at full build-out. Confirm the current dues and what each tier covers with the HOA or management company.
- What are property taxes like?
- Roughly $13,000 – $18,000 per year, depending on home size and value. Will County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Lighthouse Pointe built?
- O'Malley Builders (newer phases), mixed builders since the mid-2000s built the community between 2004 and 2026.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is there really a lake in Lighthouse Pointe?
- Not a large recreational lake. The community is built around retention ponds and a creek and open-space corridor, and the builder offers pond lots. The Pointe name reflects a Great Lakes lighthouse theme in the street names, not a lakefront.
- Who built Lighthouse Pointe and when?
- It is a phased Planned Unit Development. Earlier sections date to the mid-2000s, and O'Malley Builders has developed a newer section, including ranch duplexes, from around 2017 into current new construction. The Village of Frankfort approved Phase 3 PUD changes in 2021.
- What schools serve the neighborhood?
- Per the HOA, Summit Hill School District 161 for elementary and junior high, and Lincoln-Way Community High School District 210 for high school, with Lincoln-Way East about a mile away. Confirm the exact assigned buildings by your specific address before relying on it.
- Is there an HOA and what does it cover?
- Yes. The Lighthouse Pointe HOA, managed by Wright Property Management, oversees common areas and covenants, and the 90-plus acres of walking paths are slated for Frankfort Square Park District maintenance. Dues vary by home type, detached versus townhome or duplex, so confirm current dues and inclusions with the HOA.
- What do homes cost and how is the market?
- Pricing and inventory move with the market and vary a lot because the neighborhood mixes attached and detached homes across build eras. See the live Market snapshot on this page for current values, days on market, and what is active right now.
- How is the commute to Chicago and where do I catch the train?
- By car you reach I-80 quickly via Route 45 (La Grange Road). The nearest Metra stations are in Mokena on the Rock Island District line, the Hickory Creek and Mokena stations, a short drive from the neighborhood, with New Lenox and Orland Park stations as other options.
- Who is the real estate agent for Lighthouse Pointe?
- Joe Keegan is the local licensed Illinois real estate broker who covers Lighthouse Pointe in Frankfort, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Lighthouse Pointe specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Lighthouse Pointe
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Frankfort specialist
- Honest local market take
- Brokerocity
Market snapshot
Lighthouse Pointe, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$719,900
Homes for sale right now
7
Avg time on market
73 days
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 10, 2025 through August 10, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer
Schools serving Lighthouse Pointe
Where Lighthouse Pointe homes go to school
Homes in Lighthouse Pointe are most often zoned to Lincoln-Way East. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
Other communities