$799,900
Mundelein, IL 60060 · Oak Terrace
Explore the Oak Terrace neighborhood →Lakefront Living on Diamond Lake! Experience the best of year-round lake living in this custom-built Diamond Lake home, complete with your own boat dock and perfectly positioned to capture breathtaking water views. Beautifully updated and thoughtfully designed, this exceptional waterfront property blends quality craftsmanship, modern amenities, and the relaxed elegance of lakeside living. The main level welcomes you with stunning lake views and hardwood flooring throughout the living and dining areas. A granite fireplace creates a warm and inviting space for gathering with family and friends. The beautifully updated kitchen is designed for both everyday living and entertaining, featuring quartz countertops, premium Bosch appliances, an updated coffee and beverage bar, and picturesque views of the water. Upstairs, you'll find three spacious bedrooms, including a primary suite with a large walk-in closet. An upper-level laundry room adds comfort and practicality to daily living. The finished walkout basement offers exceptional additional living space, complete with a large recreation area, a fourth bedroom, a second fireplace, and a full bathroom featuring a relaxing whirlpool tub. With direct access to the outdoors, this level is ideal for entertaining guests or enjoying all that lake life has to offer. Outdoor living is equally impressive, with two expansive decks designed to maximize the waterfront setting. The upper deck, constructed with low-maintenance Trex decking, provides the perfect place to relax, dine, and enjoy panoramic lake views. The deeded boat dock, located just steps from the home, ensures convenient access to boating, fishing, and endless days on the water. Additional features include a spacious two-car attached garage, and ample parking for five additional vehicles. This rare Diamond Lake opportunity offers the perfect blend of recreation, comfort, and tranquility.
Estimated monthly cost for this home
$5,737/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.76%, 2026-09-10). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2025 property taxes | $16,006/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Diamond Lake Elementary School
76
Middle
West Oak Middle School
76
High school
Mundelein High School120
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Redfin Corporation, listed by Jacqueline Casino.
Information last updated Sep 15, 2026, 9:34 PM.
26469 Il Route 83
Mundelein, IL 60060

Talk to a Subdiview agent.
Local. They live in the area and know what’s behind these floor plans, not someone who paid for a lead.
Get the full disclosure packet, recent comps, and a private showing within 24 hours.
Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.
Nearby communities
Thinking of selling?
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.