Live the lakefront lifestyle while your property helps pay for it. Wake up every morning to panoramic views of Pistakee Lake, enjoy coffee on your waterfront patio, spend the afternoon boating or fishing from your own shoreline, and end the evening around the fire overlooking the water. At 163 Eagle Point Road, this lifestyle comes with a unique financial advantage-a separate income-producing residence that helps offset your mortgage. Offering 50 feet of direct frontage on beautiful Pistakee Lake, this extensively renovated property features a spacious 4-bedroom owner's residence and a separate 2-bedroom income-producing residence. Renovated throughout in 2024-2025, the home showcases updated kitchens, bathrooms, flooring, paint, mechanical systems, and central air conditioning. The separate 2-bedroom residence is currently rented for $1,395 per month, providing $16,740 in annual rental income, while the 4-bedroom waterfront residence is vacant and available for immediate owner occupancy. The property features a 2-car garage, ample additional parking, and a large yard with plenty of space for all your outdoor toys and activities. Whether you enjoy boating, fishing, entertaining family and friends, or simply relaxing by the water, this property offers the perfect setting to enjoy everything lakefront living has to offer. Conveniently located near shopping, dining, commuter transportation, and local attractions, this property offers the rare combination of lakefront living, modern renovations, and built-in rental income. Whether you're looking for a full-time residence, a weekend retreat, or a home that helps pay for itself, opportunities like this on Pistakee Lake are rare. Don't miss your chance to own this beautifully renovated waterfront property and enjoy lakefront living at its finest.
| MLS # | 12721645 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 9 |
| Listing Provided By | Coldwell Banker Realty | Chris Peters |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 4,045 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Water Front | Yes |
| Rooms Total | 11 |
|---|---|
| Cooling | Wall Unit(s), Zoned |
| Heating | Natural Gas, Forced Air |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer |
| Window Features | Screens |
| Exterior Features | Fire Pit |
|---|---|
| Roof | Asphalt |
| Foundation Details | Concrete Perimeter |
| Construction Materials | Vinyl Siding |
| Patio And Porch Features | Deck, Patio |
| Parking Features | Asphalt, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2.5 |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers, 200+ Amp Service |
| Community Features | Lake, Curbs, Street Lights, Street Paved |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 11889 |
| State | IL |
|---|---|
| County | Lake |
| City | Fox Lake |
| Zip Code | 60020 |
| Area | Fox Lake |
| School District | Grant Community High School |
| Elementary School | Lotus School |
| High School | Grant Community High School |
| Listing VS Median (in 60020) | |
Price: $629,700 low | high Med: $322,490 sqft: 4,045 low | high Med: 1,764 $ / sqft: $156 low | high Med: $183 On site: 9 low | high Med: 34.5 | |
| State | IL |
|---|---|
| County | Lake |
| City | Fox Lake |
| Zip Code | 60020 |
| Area | Fox Lake |
| School District | Grant Community High School |
| Elementary School | Lotus School |
| High School | Grant Community High School |
| Listing VS Median (in 60020) | |
Price: $629,700 low | high Med: $322,490 sqft: 4,045 low | high Med: 1,764 $ / sqft: $156 low | high Med: $183 On site: 9 low | high Med: 34.5 | |