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Home Business • Finance

Two Glencoe mansions on Lake Michigan listed for $14M

by Edinburg Post Report
September 13, 2022
in Business • Finance
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Two mansions on Lake Michigan in Glencoe that are on the same block have been listed for $14 million and $13.8 million.

Both mansions are listed for sale in the real estate agents’ private listing network, which makes listings available only to agents and not to the general public. The mansions are the latest in a spate of recent North Shore listings and sales of lakefront mansions for $10 million-plus, including the late Nancy Hughes’ six-bedroom, 11,846-square-foot mansion in Lake Forest, which is under contract after being listed for $15 million; the $16 million sale in July of a six-bedroom, 9,958-square-foot mansion in Winnetka to billionaire Justin Ishbia, who previously bought another $23.9 million worth of land on Lake Michigan in Winnetka; the $12.75 million sale in August of a seven-bedroom vintage mansion in Winnetka; and the $11.25 million sale in July of a seven-bedroom, 7,934-square-foot mansion in Winnetka.

In Glencoe, the six-bedroom, 8,329-square-foot mansion that is listed for $14 million was built in 1992. It was updated in 2019 and sits on a 2.39-acre property with its own private beach. Features in the home include lake views from every room, eight full bathrooms, two half bathrooms, an open floor plan, two custom bars, a new wine cellar, hardwood floors throughout and a primary bedroom suite with a balcony and his and hers closets. The mansion also has an attached four-car garage and a lower level with a large rec room, two wine refrigerators, an exercise room, a hot tub and a sauna. Outside on the property is a pool that faces the lake.

The mansion was listed briefly in November 2019 for $12.5 million. Public records show that the mansion is owned by Andriyous and Layla Youkhana, who built the home.

Listing agent Jody Dickstein did not respond to a request for comment. The mansion had a $161,977 property tax bill in the 2020 tax year.

Meanwhile, a few doors to the north, a seven-bedroom, 3,830-square-foot house on a 1.64-acre property on Lake Michigan is available for $13.8 million. Built in 1970, the contemporary-style home has four full bathrooms and two half bathrooms. The owners, entrepreneur David Kalt and his wife, Susan, bought the house in 2005 for $5.95 million, according to public records.

Listing agent Gloria Matlin declined to comment on the listing. The house had a $116,401 property tax bill in the 2020 tax year.

While the two houses are the only ones on their block that are for sale for more than $10 million, a third home on the same block — a newly built, six-bedroom, 8,750-square-foot mansion with 137 feet of lakefront — is on the market for $9.75 million.

Goldsborough is a freelance reporter.

Join our Chicago Dream Homes Facebook group for more luxury listings and real estate news.

The mansion at 595 Longwood Ave. in Glencoe has been listed for $13.8 million. - Original Credit: Bob Goldsborough (Bob Goldsborough / HANDOUT)

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