There are homes that you know. Stone Manor. You know this place. You know the Driehaus property and the Wrigley cottages. You know where the Pritzker’s live at their Casa. You know lots of houses, and you know this house, too. It’s big and it’s white and it’s by Stone Manor and if you’ve walked the shore path, well then you know it. There’s nothing wrong with knowing houses, because we all know them and we all pride ourselves on that knowledge. It’s hard for me to break this to you, but I know more houses than you. And I know this house, because I’ve been in it and I’ve seen it and it’s been for sale before. That’s why I’m not going to introduce this new listing to you today as a house that you don’t know. I’m introducing it to you as a house that you already know, but you likely don’t understand.
To be fair, I didn’t understand it either. It’s a huge house, massive, really. Too big for most, but somehow probably too small for some. The lot is big, but not overwhelmingly so. It’s just under 4 acres, with 160′ of frontage, so it’s large enough to be estate sized but not so large that you’re left wondering what to do with all that land. It’s close to town, so close you can walk there without first considering your footwear, but not so close that you hear the busy hum of the tourist choir. It’s private. Exceedingly so. Terrifically so. Yet it’s close. The sun sets in the West, this we know, and this house faces west, this we still know. The pool is lakeside, facing west, which is how a photograph like the one above can happen. The thing is, it’s not a rare picture. It’s not hard to take or hard to time. You just need spend any old evening at this house and wait for the shadows to grow long and the sun to dip over that western shore. 700 South Lakeshore doesn’t have to try very hard to be unique, it just is.
But of the house, past the gate and past the tennis court and not yet to the pool and the pier, the house. It’s a big house, big enough. It was built in 1996, and judging from my Senior Year yearbook the style in 1996 wasn’t exactly what you see today. The house is somewhat dated, with cherry where there would now be oak, and tile where there would now be marble. The thing about this house is that someone could buy it today and move in tomorrow and be remarkably happy. Or, someone could buy it today and do a surface remodel tomorrow and by next summer they’d be even happier. Would you rather remodel an old house, or a newer house? The question is as most of the questions here, not specifically meant to be answered.
This is a special property in a special location, and I know it now more than I ever did before. I know it because I spent three hours at the house last week with the videographer, making this video that you see here and watching that sun fall to the west. I sat on the covered porches, which are among the finest covered porches on this entire lake. I lounged on the poolside chairs, delighting in a pool that faces the lake in such an unavoidable way. I thought about how that walk into town is so short, so easy, and how the pier is sturdy and white and the landscaping a mirror of perfection. I thought of the gate and the tennis and the densely wooded grounds, and how the privacy was equal to the privacy I might find off some skinny drive in some middle section of Linn Township. And then I thought about this house, how I thought I knew what it was all about but that I really had no clue. It’s $6.495MM, it’s light years below replacement cost, and it’s available today as my newest lakefront estate listing.