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A Picture-Perfect Lakefront Retreat on Third Lake! Welcome to waterfront living at its finest in the highly sought-after Mariner's Cove community on beautiful Third Lake-one of the area's premier motorboat lakes. With private beach access to nearby Druce Lake, this exceptional property offers the perfect blend of recreation, relaxation, and everyday luxury. From the moment you arrive, this charming lakefront home captivates with its character, thoughtful updates, and breathtaking water views. A custom front door opens to an elegant foyer, introducing the craftsmanship and warmth found throughout the home. Gleaming wood floors, six-panel doors, custom millwork, recessed lighting, and abundant natural light create an inviting atmosphere in every room. The open-concept floor plan is ideal for both comfortable daily living and effortless entertaining. The versatile front living room, highlighted by French doors and a bay window, currently serves as a home office but can easily function as a first-floor bedroom. The bright dining area flows seamlessly into the heart of the home-an exceptional custom kitchen featuring ceiling-height cabinetry, granite countertops, a dramatic stone backsplash, a large center island, range with double oven, a Bosch dishwasher, and heated floors. Just beyond the kitchen, a spectacular screened porch with soaring ceilings provides the perfect place to enjoy morning coffee or unwind at sunset. Equipped with triple window shades, this inviting space allows you to enjoy the lake breeze throughout much of the year. The family room truly showcases the beauty of lakefront living, offering panoramic water views, custom built-ins, direct deck access, and a wood-burning fireplace with a heating blower for cozy evenings year-round. Upstairs, premium carpeting and upgraded pet resistant padding add comfort throughout. The primary suite serves as a private lakeside sanctuary, featuring stunning water views, a spacious walk-in closet, and a beautifully updated en-suite bath. Two additional bedrooms offer generous closet space, a recessed lighting and share an updated hall bath with a walk-in shower and granite-topped vanity. A hallway linen closet provides additional storage and potential space for future second-floor laundry. Above the garage, a spacious floored attic offers endless possibilities for future expansion, including a studio, recreation room, additional living space, or even a garage expansion. A whole-house fan enhances comfort and energy efficiency throughout the home. The unfinished basement provides abundant storage today and exciting opportunities for future customization. Meticulously maintained and thoughtfully upgraded, the home includes replaced windows, bedroom duct fans with thermostat controls, a water powered backup sump pump, a new tankless Rinnai water heater, a newer driveway and stamped concrete walkway, a new garage door with keypad entry and MYO remote door opener/closer, new Hardie cement board siding and oversized gutters with gutter guards. Also, new Fiberon deck and lighting on the lake side and a new Fiberon front porch featuring recessed LED lighting with dimmers. Step outside to your private lakeside oasis. The backyard is designed for entertaining and relaxation, featuring a spacious deck, fire pit, play area, and private pier where you can dock your boat(s), swim, fish in summer or winter, ice skate, cross country ski, or simply enjoy spectacular sunsets over the water. Conveniently located near shopping, forest preserves, downtown Grayslake, and commuter train stations, this remarkable home combines the serenity of lakefront living with everyday convenience. More than just a home, this is a lifestyle-where every sunrise sparkles across the lake, every sunset feels like a vacation, and every day becomes part of your own lakeside story.
| DAYS ON MARKET | 18 | LAST UPDATED | 6/9/2026 |
|---|---|---|---|
| TRACT | Mariners Cove | YEAR BUILT | 1988 |
| COMMUNITY | Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood | GARAGE SPACES | 2.0 |
| COUNTY | Lake | STATUS | Conditional |
| PROPERTY TYPE(S) | Single Family |
| School District | Grayslake North High School |
|---|---|
| Elementary School | Avon Center School |
| Jr. High School | Grayslake Middle School |
| High School | Grayslake North High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Whole House Fan |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer |
| AREA | Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood |
| BASEMENT | Crawl Space, Full, Sump Pump, Unfinished, Yes |
| CONSTRUCTION | Cedar, Cement Siding |
| EXTERIOR | Dock, Fire Pit, Lighting |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | 200 |
| INTERIOR | Beamed Ceilings, Bookcases, Built-in Features, Entrance Foyer, Granite Counters, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s) |
| LOT | 0.333 acre(s) |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 70.41x146x70x10x219.88 |
| PARKING | Asphalt, Garage Door Opener, Attached, Garage |
| SEWER | Public Sewer |
| STYLE | Colonial |
| SUBDIVISION | Mariners Cove |
| TAXES | 19596.42 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER ACCESS | THIRD LAKE |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Front, Lake Privileges, Waterfront |
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.