Gurnee · Lake County · IL
Homes for sale in
Timberwoods.
- Active listings
- 3
- Median list
- $700K
- Avg time on market
- 19 days
- Sold · last year
- 3
Active listings
3 homes on the market
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About the community
Big Cambridge Homes floor plans, a park inside the neighborhood, and almost no HOA.
Timberwoods is a 158 home single-family subdivision in west Gurnee, north of Washington Street and west of North Almond Road. Cambridge Homes built it out from the late 1990s into the early 2000s, with the declaration recorded in Lake County in May 1997. The floor plans are large, running from roughly 2,671 to 4,300 square feet as originally marketed, and the streets carry a set of deliberate Beatles references, including Abbey Road, Penny Lane, and Strawberry Fields. Timberwoods Park, owned and operated by the Gurnee Park District, sits physically inside the subdivision at Old Walnut Circle and Cascade Way.
At a glance
158 single-family homes
All detached, built by Cambridge Homes from roughly 1997 into the early 2000s. No townhomes or condos.
Large floor plans
Six original Cambridge plans, the Birch, Chestnut, Hickory, Canterbury, Spruce, and Maple, running roughly 2,671 to 4,300 sq ft as marketed.
$270 a year HOA
A flat annual assessment, roughly $22.50 a month, covering common-area landscaping, the pond, fencing, entry signage, and insurance.
No architectural review
The association states it has no rules governing private property and requires no approval for work on your own home.
Beatles street names
Abbey Road, Penny Lane, and Strawberry Fields are all in and around the subdivision, a detail residents mention unprompted.
Park inside the subdivision
Timberwoods Park at Old Walnut Circle and Cascade Way, run by the Gurnee Park District, with ball fields, a basketball court, a soccer field, and a playground.
Woodland District 50 grade centers
Woodland runs a grade-center model, so every student in the district attends the same building for a given grade band.
Gurnee Mills and Six Flags close
Both sit roughly two to three miles from the neighborhood, with the Grand Avenue corridor handling everyday retail.
What’s close
Timberwoods sits in west Gurnee fronting Washington Street, with Hunt Club Road and the Grand Avenue corridor handling most daily errands.
- Schools
- Woodland Community Consolidated School District 50 for PreK through 8 and Warren Township High School District 121 for high school. Woodland Middle is the closest building. Confirm current assignment with both districts.
- Highway
- I-94 and the Tri-State Tollway are the primary north-south route, reached most directly via Grand Avenue, with Routes 120, 21, 83, and US 45 all within a few miles.
- Train
- No Metra station in Gurnee. The Washington Street station in Grayslake is closest but sits on the limited-service North Central line. Grayslake and Libertyville on the Milwaukee District North run fuller schedules.
- Shopping
- Gurnee Mills is roughly two miles out, with the Grand Avenue and Hunt Club Road corridors carrying grocery, big-box, and dining.
- Recreation
- Gurnee Park District runs 28 parks, the Hunt Club Park Community Center and Aquatic Center, and FitNation fitness centers, all close by.
- Hospital
- No full hospital in Gurnee. Northwestern Medicine Gurnee provides outpatient and immediate care, with Advocate Condell in Libertyville the nearest emergency department.
What it’s actually like to live here
Timberwoods reads exactly like what it is: a late-1990s Cambridge Homes neighborhood that has aged into its trees. The streets curve rather than grid, there are sidewalks on both sides, and the lots are generous enough that the large houses do not crowd each other. What makes the layout unusual is the park. Timberwoods Park sits physically inside the subdivision, at Old Walnut Circle and Cascade Way, with ball fields, a basketball court, a soccer field, and a playground, all maintained by the Gurnee Park District rather than by residents. For families that is the practical center of the neighborhood, and it is the reason the community functions without a private amenity package. The Beatles street names, Abbey Road and Penny Lane and Strawberry Fields, give the place a personality most subdivisions of this vintage do not have.
The association is the second thing worth understanding, and it cuts both ways. Assessments are $270 per home for the entire year, which is close to nothing, and the association is candid on its own website that it exists solely to maintain common areas. It does not review your paint color, it does not require approval for a new roof or a fence or solar panels, and it does not police your lawn. For a buyer who has lived under a restrictive association, that freedom is a genuine selling point. The honest flip side is that exterior consistency here depends on neighbors caring rather than on enforcement, and a buyer who wants the guarantee of a rules-heavy community will not find it. There is also no pool, no clubhouse, and no gate, so recreation runs through the Gurnee Park District, which is well funded and close but is a public system shared with the rest of the village.
The tradeoffs beyond that are the Lake County tradeoffs. Effective property tax rates in this part of Gurnee sit in the mid to high 2 percent range of market value, which is a real line item and the first thing a buyer coming from out of state should be ready for. Commuting is the other honest caveat, because Gurnee has no Metra station. The nearest platform, Washington Street in Grayslake, is only a few miles straight west on the same road the neighborhood fronts, but it sits on the North Central Service, which runs weekdays only with no weekend service. A daily downtown commuter is usually better served driving a bit farther to the Grayslake or Libertyville stations on the Milwaukee District North line. Balanced against that, I-94 access via Grand Avenue is quick, and the houses themselves are now roughly a quarter century old, so some have been fully updated while others still carry original kitchens, roofs, and mechanicals.
The questions buyers actually ask
Timberwoods FAQ
The questions I get most from buyers shopping Timberwoods. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- The Timberwoods Homeowners Association charges $270 per home per year, unchanged between its 2024 and 2025 budgets, which works out to roughly $22.50 a month. Dues fund common-area landscaping, pond maintenance, common fence repairs, entry signage and site lighting, association insurance and legal costs, and a modest capital reserve. Just as important is what the association does not do: it states on its own site that it has no rules governing homeowners' private property, requires no architectural approval for work on your own home, does not issue permission letters for roofing, fencing, or solar contractors, and does not regulate parking, noise, or yard upkeep. There is no pool, clubhouse, tennis court, or staffed amenity to fund.
- What are property taxes like?
- Roughly $17,000 – $20,000 per year, depending on home size and value. Lake County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Timberwoods built?
- Cambridge Homes built the community between 1997 and 2002. There are 158+ homes total. Cambridge Homes stopped new construction in 2002, so every sale today is a resale.
- 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.
- What are the HOA dues in Timberwoods, and what do they cover?
- Dues are $270 per home for the entire year, roughly $22.50 a month, and they were unchanged between the association's 2024 and 2025 budgets. The money goes to common-area landscaping, pond maintenance, common fence repairs, entry signage and site lighting, association insurance and legal costs, and a small capital reserve. There is no pool, clubhouse, or staffed amenity to fund, which is why the fee is so low. Payment is by check or money order mailed to the association's PO Box.
- Does the HOA control what I can do to my own house?
- No, and the association says so explicitly on its own website. It is responsible only for common areas. It has no rules governing private property, requires no architectural approval for work on your home, and does not issue permission letters for roofing, fencing, or solar contractors. If a contractor asks for association sign-off, there is nothing to sign. You may still need a permit from the Village of Gurnee, which is a separate process.
- What schools serve Timberwoods?
- Woodland Community Consolidated School District 50 for preschool through eighth grade and Warren Township High School District 121 for high school. Woodland uses a grade-center model, so every student in the district attends the same building for a given grade band: Woodland Primary for early childhood and kindergarten, Woodland Elementary for grades 1 to 3, Woodland Intermediate for grades 4 to 5, and Woodland Middle for grades 6 to 8. Woodland Middle is the closest school to the neighborhood. Warren Township High School runs two campuses, with O'Plaine generally serving grades 9 and 10 and Almond generally serving 11 and 12. Confirm current assignment with both districts, and note that Timberwoods is not in Gurnee School District 56.
- Is there a Metra station in Gurnee?
- No. Gurnee has no Metra station of its own. The closest platform is the Washington Street station in Grayslake, a few miles due west on the same road Timberwoods fronts, but it sits on the North Central Service, which runs weekdays only with a limited number of trains and no weekend or holiday service. Commuters who need a fuller schedule typically drive to the Grayslake or Libertyville stations on the Milwaukee District North line, or to Waukegan on the Union Pacific North line. For drivers, I-94 is reached most directly via Grand Avenue.
- Does Timberwoods have a pool or clubhouse?
- No. Some listing aggregators show amenity checkboxes for a community pool, tennis courts, or a riding area, but the association's full annual budget has no line item for any of them and no utilities budgeted. What Timberwoods actually has is Timberwoods Park inside the subdivision, run by the Gurnee Park District, with ball fields, a basketball court, a soccer field, and a playground, plus access to the district's broader system including the Hunt Club Park Community Center and Aquatic Center a short drive away.
- What do homes in Timberwoods cost right now?
- Rather than quote a number that goes stale, check the live Market snapshot on this page. It pulls from the MLS and shows current pricing, inventory, and how quickly homes are moving in Timberwoods specifically. Broadly, this is an upper-tier Gurnee neighborhood where the original Cambridge plans ran from roughly 2,671 to 4,300 square feet and finished lower levels push some resales considerably higher, so square footage per dollar tends to compare favorably against newer construction in the area.
- Who is the real estate agent for Timberwoods?
- Joe Keegan is the local licensed Illinois real estate broker who covers Timberwoods in Gurnee, 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 Timberwoods 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 Timberwoods
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
- Gurnee specialist
- Honest local market take
- Brokerocity
Market snapshot
Timberwoods, 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
$699,900
Typical sale price · last 90 days
$660,000
Homes for sale right now
3
Avg time on market
19 days
Sold in the last year
3
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 16, 2025 through August 16, 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.
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Schools serving Timberwoods
Where Timberwoods homes go to school
Homes in Timberwoods are most often zoned to Warren Township HS. 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.
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