Barrington IL Real Estate : Illinois: Lake Barrington Shores

Mid Year Market Update-Lake Barrington Shores For Sale-Sold

Mid Year Market Update-Lake Barrington Shores For Sale-Sold

With 6 months of the year behind us this market report on Lake Barrington Shores shows how well condos and town-homes in the gated community are selling. Lake Barrington Shores is a gated community of 1317 homes situated around the lake and a full golf course. Folks love to buy in Lake Barrington Shores because it is not just about the maintenance free homes it's more about the lifestyle. If you decide to look for a condo or townhome in Lake Barrington this might be just what you are looking for.

With the golf course, community center, club house, lake, walking paths, barbeque on the beach, tennis courts and more there is always something to do for all generations. Lake Barrington Shores condos, town-homes and duplexes are condominium ownership, which means you'll own your home plus a share of all the common areas. Lawn care, snow removal and exterior maintenance is included in your monthly assessment fee.

So how are sales so far in 2010?

homes sold in LBS

With 22 sales, 3 of which are foreclosures we have 88% non distressed and 12% distressed in the first half of the year. There have been no short sales closed to date in 2010.

Current homes available in Lake Barrington Shores

There are 85 homes for sale, 96% of these are non distressed, only 4 are bank owned or short sales.

lake barrington shores for sale

When buying in Lake Barrington Shores the buyer is responsible for a 3 month assessment fee to be paid as soon as possible after contracts agreed. There is also an application fee. After closing buyers will get a closing package from their association and will have an appointment with the office to go through everything a new owner needs to know. You'll get car transponders as well for access through the gates.

If you have children the schools are as follows:

  • North Barrington Elementary School
  • Barrington Middle School-Prairie Campus
  • Barrington High School

Nearest train station if you are going to be commuting to Chicago is Fox River Grove, the parking is cheaper than Barrington. You can also use Fox River Grove for grocery shopping as there is a Dominicks there as well as a Post Office.

view from club circle of club house pond

Call me to find your Lake Barrington Shores home. Corinne Guest 847.363.3686

 

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Copyright 2010 Corinne Guest All Rights Reserved - * Mid Year Market Update-Lake Barrington Shores For Sale-Sold *

 

 

 

Testimonial - Corinne Guest Barrington Illinois Realtor


Hi Corinne:

Holly and I know real estate brokers/agents and you, Mrs. Guest, are no real estate broker----at least in terms of the common perception. A guru? Possibly. An advisor? Definitely. Hopefully, even a friend.

If our experience with you is indicative of the manner in which you deal with your clients (and we are sure it is) you are going to give real estate brokers a good name

Holly and I hope to convey our heartfelt thanks for your assistance and guidance. As you know, our Lake Barrington search spanned three years and four buyer's agents and we both feel you were a major element in allowing us to reach a successful conclusion. Not only were you always available and patient, but alone among the buyer's agents we worked with, you actually listened to and acted upon what we wanted. Never did we feel (as we did with other agents) any push to action so that you might earn your commission, nor did you ever seek to push your own sensibilities regarding any prospect. Yet, when we did seek your opinion, you always provided reasoned and incisive advice.

We will definitely ensure that everyone we know is aware of your talent. If we can be of service to you by acting as a reference for future clients, please don't hesitate to use our contact information

Thank you also for the picture of the new addition to your crane family. Holly is so taken with the photo, she is considering enlarging and framing it!

Again, thanks for everything.

John Polacek

July 2nd 2010.renovated kitchen in lake barrington shores duplex

 

 

Lake Barrington Shores – Please Welcome Your New Neighbors at 215 Club Circle

Lake Barrington Shores – Please Welcome Your New Neighbors at 215 Club Circle

John & Holly have been looking for a duplex in Lake Barrington Shores for a while. They knew exactly what they wanted but the perfect unit seemed very elusive. John & Holly wanted a lifestyle change. No more high rise living in down town Chicago - they were drawn to Lake Barrington Shores for many reasons:

  • Gated Community
  • Golf Course
  • Club House
  • Waterfront
  • Natural Beauty
  • Gym & Pools
  • Low Maintenance
  • Countryside Feel of Lake Barrington
  • Wildlife

Now they are the owners of 215 Club Circle - Lake Barrington, a duplex on a small cul de sac near the club house, with a beautiful waterfront view and location. They accepted the keys to their new home Monday.

215 club circle lake barrington shores

John & Holly choose this Lake Barrington Shores duplex unit because in addition to the perfect location for them, it had been upgraded by the seller with a new kitchen, new bathrooms, new carpets and floors. It had a basement perfect for a theater room, the 3 bedrooms they needed and that it looked more like a house than many other units.

I thank John and Holly for trusting the purchase of their new home with me. I know when we met they were looking for a buyer’s agent that knew the area well and needed guidance on Barrington as well as honest input and suggestions as they searched.  They might think I would get impatient with them but I assured them I would stick with them until they were 100% happy with the home they chose and we have become good friends. John and Holly were amazed to find I have Sand Hill Cranes living in my backyard. I have just sent photos of the new baby – he or she is so small.

Sand Hill Cranes

If you are looking for a new home in Lake Barrington Shores, let me help you find one. Every-one loves the community of Lake Barrington Shores - the security of a gated area and the lifestyle living it offers. There are tow- homes, condos, duplexes and prices as low as $180,000 to $450,000. I live just down the road in Lake Barrington and can help guide you to all that the community has to offer.

Call me anytime: Your Barrington Illinois Buyers Agent. Corinne Guest 847.363.3686

 

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 Copyright 2010 Corinne Guest All Rights Reserved  - Lake Barrington Shores – Please Welcome Your New Neighbors at 215 Club Circle *

 

 

Condos and Townhomes in Lake Barrington's Gated Golf Course Community

Condos and Townhomes in Lake Barrington's Gated Golf Course Commity


My last post about this Gated Golf Course Community in Lake Barrington Illinois focused on the lifetsyle available to home-owners in Lake Barrington Shores. Today I am going to focus on the real estate available to you:

  • Condos
  • Townhomes
  • Duplexes
condos and townhomes in lake barrington's gated golf course community

Living in condos-townhomes-duplexes sounds boring-yet not here. These condos-townhomes-duplexes have the most beautiful setting in the Lake Barrington area. With 1317 units available in Lake Barrington Shores there are always plenty of choices for sale or to rent.

Currently there are 68 homes for sale with prices from $159,500 for a 2 bedroom, 2 bathroom condo all the way up to $460,000 for a 4 bedroom, 3 and a half bathroom townhome. There are a lot of different floor plans, many units have basements-Standard-English-Walk-outs are available. Choose from a golf course lot, a waterfront home or duplex that backs up to mostly forest.


If you want to rent a condo or townhome in Lake Barrington IL and Lake Barrington Shores is somewhere you would just love to live there are currently only 8 homes available with prices from $1295 to $2300 a month.

updated kitchen in a duplex in Lake Barrington


The condos-town homes-duplexes in this gated golf course community in Lake Barrington were built in the late 1970's up to the early 1990's. When considering condos-town homes-duplexes for sale see if the kitchens and bathrooms have been updated, or are you looking at an original. This could be a major expense you are not ready for and cannot afford after the purchase. The same is true for the bathrooms. Is the kitchen going to be big enough for your needs. This is a very common question as many of the kitchens here are on the smaller side. Do you want a basement? Do you want a one or two car garage. Review the monthly assessment charges for each unit you look at. Likewise review the yearly real estate taxes. You have more to consider when buying a condo or town home in this gated golf course community in Lake Barrington Illinois. Do you want to join the Lake Barrington Shores Golf Club-fees are not including in your property monthly assessment amount-they are extra.

When buying a condo-town home-duplex in this Lake Barrington gated golf course community a buyer is typically required to pay 3 months assessment to the association at closing. Lake Barrington Shores are very proud of this gated golf course community and take the necessary financial steps to keep it looking beautiful and pristine.

You can search for your condo-townhome-duplex right here on this post. No need to go 'Googling' somewhere else. Of course if you have any questions about buying a condo-townhome-duplex in Lake Barrington's Gated Golf Course Community I am just a quick call email or text away. My number is  847-363-3686 but in the meantime please use the search below to see if the right home is available for you.





Or you can hop over to my Barrington Real Estate Web Site to search for all Barrington area homes for sale or to rent.

Copyright 2010 Corinne Guest All Rights Reserved  - *Condos and Townhomes in Lake Barrington's Gated Golf Course Community*

 

 

 

Lake Barrington Shores Real Estate-Condos and Town Homes For Sale in this Gated Golf Course Community

Lake Barrington Shores Real Estate-Condos and Town Homes For Sale in this Gated Golf Course Community

Over the last 2 days I have spent much of my time in Lake Barrington Shores either looking at condos and town homes for sale with clients or attending home inpections for homes my clients have decided to buy. Based on my personal experience in the last two weeks Lake Barrington Shores is an in demand gated golf community in Lake Barrington.

lake barrington shores real estate lifestyle


So why is Lake Barrington Shores Real Estate popular?  First let's discuss the lifestyle. Look at the grounds as shown in these photos, think about a very large lake for leisurely boating and fishing - a club house with 2 swimming pools-one indoor - a fitness center - conference rooms and ballrooms - the 18 hole golf course - walking paths through-out the community - beaches and outdoor grills along the shoreline of the lake - a bike riding path - well now perhaps you can imagine that this is a little like being on vacation year round.

flowering trees amongst the condos and townhomes


One of my clients has decided to buy a Lake Barrington Shores Townhome and this is the spring view from the front of that home. Many of the condos and town homes are located on small cul de sacs like this and the landscaping is gorgeous. Although there are no flowering trees or gardens during the winter there are towering evergreen trees providing some very pretty scenes with the snow so your view will never be dull. The landscaping companies are out in full force adding mulch - weeding - trimming and tidying up.

pond and back of Lake Barrington Shores club house


Residents whether real estate owners or renters have full access to Lake Barrington Shores Clubhouse. The view above shows the back of the clubhouse across from one of the many ponds and is where the outdoor swimming pool is with a big area for relaxing. It was almost warm enough for the umbrellas to go up on the picnic tables but the pool is not yet open. I expect in May if our weather holds they will open it up but for now the indoor pool is the place to be.

lake barrington shores wildlife


If you enjoy wildlife there is plenty of it in the gated golf course community of Lake Barrington Shores. Be prepared for deer-geese-squirrels-ducks-chipmunks and more. As i was sitting a home inspection I watched Mr and Mrs Mallard duck wandering across the back of the home no doubt on their way from pond A to pond B. And then comes along Mr Mallard no 2. I wondered if he had a crush on Mrs Mallard he was certainly in a hurry!

beaches along the shoreline in Lake Barrington Shores


On an April day the weather here in Lake Barrington Shores was glorious. At 65F with the sun high in the sky the lake was beautiful. The trees are in bloom or halfway to full leaf coverage and now all you can see are the rooftops of the homes across the water. The Canadian Geese were pausing on the beach. Looks like he wanted to go back to swimming and she was heading for some grass for lunch.

back of town home in Lake Barrington Shores


If this type of lifestyle living is what you are looking for in the Barrington Illinois area - Lake Barrington Shores real estate is the place to be. You can search for your perfect condos and townhomes at my Barrington real estate web site or map the condos and townhomes for sale in Lake Barrington Shores and see which location would be perfect for you.

You can read more about my recent days in Lake Barrington Shores and the real estate for sale in my next blog post.


Copyright 2010 Corinne Guest All Rights Reserved  
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Lake Barrington Shores Real Estate-Condos and Town Homes For Sale in this Gated Golf Course Community*

 

 

 

Lake Barrington Shores Real Estate - Golf Course Condos and Townhomes - January 2010 Market Report

Lake Barrington Shores Real Estate - Golf Course Condos and Townhomes - January 2010 Market Report

Activity in Lake Barrington Shores continues at a steady pace. The was only one closing in January of a unit listed at $269,900 and sold for $260,000 which represented a sale at 96% of the asking price. The seller held to their original asking price and sold the unit in 224 days.

During January 8 new condos and town homes were listed for sale in Lake Barrington Shores bringing the total available homes for sale to 49. Current prices range from $167,000 to $475,000.

During the last 6 months the average marketing time for all Lake Barrington Shores Real Estate listings has been 211 days. The average final list price to sale price ratio was 95% which is what we would expect. However the average sale to original list price ratio was 89%,  sellers still had to bring prices down before they got a sale.

lake barrington shores real estate

Search Lake Barrington Shores Real Estate

Question - are there any units for sale in Lake Barrington Shores that are over-priced and how can you tell? Well if your unit has been for sale more than the average marketing time of 211 days, if your showings are slow to non existent, if you had many showings but no offers then you may well be over-priced. If you listed the unit for sale last spring, prices have fallen since then so your price if too high at that time will cewrtainly be too high now. We as Realtors know that this is a very hard pill to swallow, most of us are also home owners and have seen our own property values decline. However if you have to sell, holding your price if it is too high is not going to bring you a buyer. For a free market evaluation of your unit, feel free to call me at 847-363-3686 or visit my Barrington web site and fill out my request form on the front page.

Lake Barrington Shores Real Estate Duplex Wanted - Nicely updated 3 bedroom unit not on golf course - I have an extremely well qualified buyer waiting for a unit with 2 car garage.

This Lake Barrington Shores Real Estate Market Report will be updated at the beginning of March 2010.


 

 

Lake Barrington Shores Rentals - Condos and Town homes for Rent

With 1300+ Condos and Townhomes in Lake Barrington Shores there are always some units available for rent.

The benefits of a rental unit in Lake Barrington Shores are numerous:
  • Gated Community
  • Security Gate
  • Clubhouse
  • Golf Course
  • Gorgeous Views
  • Walking Path
  • Close to local shops
  • Try it before you buy!
Lake Barrington Shores is located off Route 59 north of Miller Road and is also very close to the Elementary school in North Barrington.
Units come in all shapes and sizes, some on the golf course, others in the forest areas and others have water frontage and views.
The following is a feed of all the available units for rent here in Lake Barrington Shores, of course you can always ask me to find that perfect home for you.


 

 

Lake Barrington Shores, Condos & Townhomes. Gated Real Estate Community.

Lake Barrington Shores, Condos & Townhomes. Gated Real Estate Community.

Search All Homes Search Foreclosures

A unique subdivision in Lake Barrington is Lake Barrington Shores. This is a gated community of condos and townhomes, situated around a lake with a golf course and clubhouse. The approximate number of units is 1300 and range from 1 bedroom, 1 bathroom condos with prices around $135,000, all the way up to large townhomes with 4 bedrooms , 4 bathrooms over 4000 square feet with prices in the $700,000's. Styling of these units is uniform with neutral cedar siding, no exterior yard signs, lots of deciduous and evergreen trees and a speed limit of 20 mph. Lake Barrington Shores allows fishing, rowing, sailing and kayaking on the lake but no powered vehicles. There is a walking path around the lake, play golf on the members only course, there are tennis courts, swimming pools and more. This community is a lifestyle community where you can get away from the stresses of life and enjoy the peaceful surroundings or take part in some of the activities. Here is a link where you can learn more about the community: http://www.lakebarringtonshores.org

 

If you are interested in finding a Barrington Realtor to help sell your unit, call me, I am ready to provide you with full service. If you in the market to buy a townhome in the Barrington area, consider Lake Barrington Shores. Below is some market data for you.

There are currently 66 units for sale with a minimum price of $189,000 and maximum price of $799,500. The average time these units have been for sale is 189 days. 5 more units are under contract.
In the last 6 months 29 units have sold and the price range was $135,500 to $650,000 with an average marketing time of 138 days. If I compare this to sales in the last 12 months of which there have been 41 sales, the marketing time appears to be decreasing. This may mean sellers are becoming more realistic about pricing and securing contracts quicker. The most active price range for sales is $300,000 to $350,000.
The median list price is $299,500 and the median sold price $299,000. This price point will buy you a 3 bedroom, 2 to 4 bathroom townhouse, many of which have 2 car garages, private courtyards, finished basements some of which are walkouts.

Contact me to buy in Lake Barrington Shores. Tell me you found me on this Barrington Blog and I'll pay your attorney fees up to $500!

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Contact Corinne Guest ABR, e-PRO, GRI, Broker, Royal Property Investments LLC Licensed Realtor® in Illinois, 847-381-6328 to list your property for sale or to buy a property in Barrington, Lake Barrington, North Barrington, South Barrington, Barrington Hills, Inverness and Deer Park, as well as Lake Zurich, Hawthorn Woods, Kildeer and Long Grove in Lake County Illinois.

Call me today at 847-381-6328. Contact me by email if you prefer by clicking on email me on the right side of this page under my profile.

Click here to view all the Barrington Illinois homes for sale and then click on Search For Properties. Or view information about area town in Barrington. With over 75 square miles in the zip code 60010 there is a lot of real estate available. You can view homes in all of Northern Illinois.

P.S. If you are listing your home as a short sale in Barrington Illinois or the surrounding suburbs of Chicago, make sure you hire an agent who knows how to do short sales and has the experience to get the job done. I have successfully closed Short Sales with the assistance of Karl Goodman and Christine Garner, a short sale manager and attorney/title company. Based in Rockford and Schaumburg they take care of negotiating my short sales and getting them to closing, while I concentrate on marketing the homes.

Don't get foreclosed on! If you are in trouble do not live in denial, call me on 847-381-6328 to find out more about Barrington Short Sales and Lake County Short Sales.

Copyright © 2008 By Corinne Guest, All Rights Reserved.