24903 W Oak Avenue, Lake Villa, IL 60046 (MLS # 12692028)

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Unlock the ultimate Chain O' Lakes lifestyle without the exorbitant waterfront tax burden! Located in the highly sought-after Petite Lake Highlands community, this expansive 4-bedroom, 2-bathroom raised ranch represents a rare opportunity to secure premium recreational living and top-tier academics. Zoned for the acclaimed Community High School District 117 (Lakes Community High School), this property places your family in one of Lake County's premier educational corridors. The true value of this location lies in its exclusive Boating Advantage. For a nominal $220 annual HOA fee, residents gain coveted lake rights, access to three neighborhood parks, a private community beach, and a private boat launch. Bypass costly private marinas by utilizing the community's annual boat slip rentals. Inside, the home maximizes its footprint across two intelligently designed levels. The main floor features soaring vaulted ceilings, abundant natural light, and a kitchen modernized with elegant granite countertops. The standout architectural feature is the fully finished, walk-out lower level. Serving as a massive secondary living space, this lower tier boasts a sprawling 18x15 recreation room anchored by a cozy gas log fireplace and a built-in bar. Complete with two additional egress-compliant bedrooms, a full bathroom, and a mudroom with direct walk-up exterior access, this level offers unparalleled flexibility for multi-generational living or a premier entertainment zone. Step outside to discover a deep, fully fenced-in yard complete with a private paver patio and mature landscaping. Aggressively priced at its recent certified appraisal value of $354,000, this home provides a rare opportunity to add your own personal touches and make it your own. Schedule your private showing today before it's gone!

DAYS ON MARKET 1 LAST UPDATED 7/1/2026
TRACT Petite Lake Highwoods YEAR BUILT 2002
COMMUNITY Lake Villa / Lindenhurst GARAGE SPACES 2.0
COUNTY Lake STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District Lakes Community High School
Elementary School Olive C Martin School
Jr. High School Peter J Palombi School
High School Lakes Community High School


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
AREA Lake Villa / Lindenhurst
BASEMENT Exterior Entry, Finished, Full, Sump Pump, Walk-Out Access, Yes
CONSTRUCTION Vinyl Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Electric, Forced Air, Natural Gas, Steam
HOA DUES 220
INTERIOR Dry Bar, Vaulted Ceiling(s), Walk-In Closet(s)
LOT 0
LOT DIMENSIONS 72x123x51x134
PARKING Asphalt, Garage Door Opener, Attached, Garage
SEWER Public Sewer
STYLE Bi-Level
SUBDIVISION Petite Lake Highwoods
TAXES 8272
UTILITIES Cable Available
WATER Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only

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Listed with Circle One Realty
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