Wauconda · Lake County · IL
Homes for sale in
Lakepointe.
- Active listings
- 1
- Median list
- $390K
- Avg time on market
- 158 days
- Sold · last year
- 9
Active listings
1 home on the market
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About the community
Attached lakefront living on the Bangs Lake shoreline.
Lakepointe, also written Lake Pointe, is an attached-home community on Bangs Lake in Wauconda, Lake County, just outside the village's downtown core. The association describes 41 buildings totaling 194 units on roughly 24 acres. The land was formerly Cook's Picnic Grove, one of the Bangs Lake resort properties that drew Chicagoans out to Wauconda for generations, and it was redeveloped starting in 1989 with construction wrapping in 1996. The buildings look and live like townhomes, but ownership is condominium, which is why listings label them both ways.
At a glance
Private beach on Bangs Lake
The association holds a private beach, a lakefront walkway, and gazebo picnic area on roughly 24 acres of shoreline.
Marina and fishing pier
An association marina with boat slips and a fishing pier, separate from the public Bangs Lake Marina downtown. Confirm slip availability and assignment before you rely on it.
Community pool
A community swimming pool is part of the common amenities funded by the monthly assessment.
194 units, 41 buildings
Attached townhome-style residences under condominium ownership, built from the late 1980s through the mid 1990s, each with an attached garage.
Two-bedroom plans
The published Hoffman Homes floor plans for the community are all two-bedroom layouts ranging from roughly 1,277 to 1,763 sq ft, with some units carrying additional finished area.
District 118
Wauconda Community Unit School District 118, with Wauconda High School as the district's only high school. Confirm elementary and middle assignment by address.
No Metra in Wauconda
Commuters drive to a Milwaukee District North station, with Libertyville roughly ten miles east, or use Route 12 and Route 176.
What’s close
Lakepointe is reached from Route 176 by heading north on Hill Street to Edgewater and Country Lane Court, on the Bangs Lake shoreline just outside downtown Wauconda.
- Lake
- Direct frontage on Bangs Lake, with the association's private beach, lakefront walkway, marina, and fishing pier.
- Schools
- Wauconda Community Unit School District 118. Wauconda High School is the district's only high school. Wauconda Grade School and Wauconda Middle School are the likely elementary and middle assignments, but confirm with the district.
- Highway
- US Route 12 runs north and south past Wauconda, with Route 176 as the east and west spine and Route 59 nearby. Route 176 east leads toward Libertyville and the I-94 corridor.
- Train
- There is no Metra station in Wauconda. The nearest options are on the Milwaukee District North line, with Libertyville roughly ten miles east, plus Prairie Crossing and Round Lake.
- Downtown
- Downtown Wauconda is walkable-scale, with independent shops and restaurants on Main Street, a summer farmers market, and lakefront dining.
- Hospital
- No hospital in Wauconda. Advocate Condell in Libertyville, Advocate Good Shepherd in Barrington, and Northwestern Medicine McHenry are the nearest options.
What it’s actually like to live here
Lakepointe is one of the few places in the northwest suburbs where a buyer can own on a real recreational lake without buying a lakefront single-family home. That is the whole proposition. The association holds a private beach, a lakefront walkway, a marina, a fishing pier, a pool, and a gazebo picnic area on roughly 24 acres of Bangs Lake shoreline that used to be a Chicago-era picnic grove. In practice that means summer weekends look different here than they do three miles inland. The boat is a walk away rather than a trailer hitch and a launch fee, and the water is the reason people are outside rather than an amenity they drive to.
The second thing to understand is that this is low-maintenance living by design. Two bedrooms, an attached garage, and an association that handles the lawn, the snow, the exterior, and the common insurance. That combination pulls a specific mix of buyers: people downsizing out of a larger Lake County house who do not want to give up the water, first-time buyers who want more than a rental, weekend and second-home owners, and professionals who want the lake without the acre of yard that usually comes with it. The buildings are compact, neighbors are close, and the common areas are shared. If that trades against your instincts, it is better to know going in.
The honest tradeoffs are the carrying cost and the commute. The monthly assessment is real money on top of a Lake County tax bill that runs high by national standards, and buyers should underwrite both together rather than one at a time. Condominium ownership also means the roof, the pool, the pier, and the shoreline are collective responsibilities, so the reserve study and the board's track record matter more than they would in a detached house. The homes date to the late 1980s and 1990s and are mostly two bedrooms, so families needing three or four bedrooms and a fenced yard will look elsewhere. And there is no Metra station in Wauconda, which means a downtown Chicago commute starts with a drive of roughly ten miles to Libertyville or another Milwaukee District North stop.
The questions buyers actually ask
Lakepointe FAQ
The questions I get most from buyers shopping Lakepointe. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Lakepointe is governed by the Lake Pointe Condominium Association, which operates under the Illinois Condominium Property Act and employs a managing agent. Monthly assessments have been reported in the range of roughly $370 to $469 depending on unit size and phase, and cover landscaping and lawn care, exterior maintenance, snow removal, common-area insurance, and the common amenities including the pool and the lakefront grounds. Request the current budget, the reserve study, the rules, any rental restrictions, and any special assessment disclosure. Roofs, asphalt, and shoreline and pier upkeep are the usual big-ticket reserve items in a community of this age.
- What are property taxes like?
- Roughly $6,000 – $11,000 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.
- 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.
- Are these townhomes or condos?
- Both descriptions get used, and the reason is technical. The buildings are attached, townhome-style residences, but ownership is condominium. The Lake Pointe Condominium Association states on its own site that it operates under the Illinois Condominium Property Act. That is why some listings say townhouse and others say condo. The practical implications are condominium ones: shared common elements, a board, an association budget, and lender financing that reviews the association as well as the unit.
- Do residents actually get lake access, or is it just a view?
- Real access. The association lists a private beach, a lakefront walkway, a marina with boat slips, a fishing pier, and a gazebo picnic area on Bangs Lake as community amenities, along with a community pool. Slip availability, how slips are assigned, and whether a separate fee applies are association matters that vary, so confirm them for a specific unit before you rely on them.
- What does the monthly assessment cover?
- Landscaping and lawn care, exterior maintenance, snow removal, common-area insurance, and the common amenities including the pool and the lakefront grounds. Reported assessments have run roughly $370 to $469 a month depending on unit size and phase. Confirm the current amount, what is and is not included, and the reserve position by reading the association's budget and disclosure package rather than a listing sheet.
- Which schools serve Lakepointe?
- The community is in Wauconda Community Unit School District 118. Wauconda High School is the district's only high school, so that assignment is certain. For elementary and middle school, Wauconda Grade School and Wauconda Middle School are the in-town schools and the likely assignments, but District 118 sets attendance areas and has revisited middle school boundaries in the past. Confirm the current assignment for a specific address with the district.
- What do homes cost here, and how is the market?
- Rather than freeze a number that goes stale, check the live Market snapshot on this page. It pulls current MLS activity for Lakepointe, so it always reflects what is actually happening. In general terms, Lakepointe is attainable for a lake-access community in Lake County, and lakefront and lake-view units carry a premium over interior units.
- What are property taxes like?
- Lake County effective rates in the Wauconda area generally run in a band of roughly 2.0 to 3.0 percent of market value, which is well above the national norm and normal for the county. Two notes specific to Lakepointe: the bill covers the unit and its share of common elements, with exterior upkeep sitting inside the monthly assessment instead, and waterfront and water-view units are assessed higher than interior units in the same community. Pull the actual bill for a specific PIN from the Lake County portal.
- Who is the real estate agent for Lakepointe?
- Joe Keegan is the local licensed Illinois real estate broker who covers Lakepointe in Wauconda, 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 Lakepointe 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 Lakepointe
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
- Wauconda specialist
- Honest local market take
- Brokerocity
Market snapshot
Lakepointe, 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
$389,800
Typical sale price · last 90 days
$327,500
Homes for sale right now
1
Avg time on market
158 days
Sold in the last year
9
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 Lakepointe
Where Lakepointe homes go to school
Homes in Lakepointe are most often zoned to Wauconda 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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