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.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 847-362-7300
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 4,034.71 per month $2,860.29 Principal & Interest $990.75 Property Tax $183.66 Homeowner's Insurance
163 Eagle Point Road | MLS# 12721645
This single family home located at 163 Eagle Point Road , Fox Lake, IL 60020 is currently listed for sale with an asking price of $629,700. This property was built in 1955 and has 6 bedrooms and 2 full baths with 4045 sq. ft. Eagle Point Road is located within the District 124 school district. Search Fox Lake real estate on www.gogambino.com today.