Lakefront Glencoe Mansion Lists for $8M

The owner of a 10,000-square-foot Glencoe mansion wants to be compensated $1 million per year for the three it has held the property.

The lakefront listing asks $8 million for the home, a steep increase from the last time the property sold. The five-bedroom, seven-bathroom modernist home, which has 130 feet of frontage on Lake Michigan, last sold for $5.1 million in 2019.

Jena Radnay, an agent with @properties, is representing the listing and did not respond to a request for comment. The home is the second priciest public listing in Glencoe, and only seven other homes are for sale for more than $4 million in the affluent North Shore suburb.

The property once belonged to lawyer-turned-crime novelist Scott Turow.

Turow and his then-wife, Annette, purchased the property in 2001 for $4.79 million. Turow, also a partner with the Dentons law firm, has written a number of books, most notably, “Presumed Innocent,” which was adapted into a movie starring Harrison Ford.

After Turow, the owner was Yothin Dumnernchanvanit, head of a Thailand-based company, according to published reports at the time of a previous sale. Its ownership is now under a title company.

The home was designed by Tony Grunsfeld and includes 21-foot floor-to-ceiling windows overlooking the lake, an indoor basketball court, as well as just under an acre of land.

It joins several other ultra high end listings in Glencoe, as the priciest segment of Chicagoland’s housing market is proving most resilient to the broader real estate downturn, with deals for downtown condos and suburban estates of $4 million or more this year keeping close to the pace of the frenzied 2021 seller’s market.

Glencoe’s priciest homes on the market, at 505 and 595 Longwood Avenue, were both listed through a private network for $14 million each earlier this year, and the property at 595 Longwood has since been publicly marketed.

The 8,329-square-foot six-bedroom home at 505 Longwood is listed for $14 million. Built in 1992 and updated in 2019, the home sits on a 2.39-acre property with a private beach. There are eight full bathrooms, a wine cellar, custom bars, hardwood floors throughout, a primary suite with balcony, an exercise room and a sauna. The property also has a swimming pool outside that overlooks the lake.

Farther north, the 3,830-square-foot home at 595 Longwood Avenue, is asking $13.8 million. Built in 1970 on a 1.64-acre lot, the contemporary-style home has seven bedrooms and four full bathrooms.