For sale Home

Listed Aug 1, 2026

$590,000 Est. $3,902/mo

717 Monterrey Terrace

  • 4

    Beds

  • 4

    Baths

  • 2,587

    Sq ft

The story

  • Waterfront
  • Basement

Experience the best of waterfront living in this spacious, beautifully maintained home with direct access to Pistakee Lake and the renowned Chain O'Lakes. Surrounded by peaceful water views, this exceptional property offers 5 generously sized bedrooms, 4 full bathrooms, and plenty of space for entertaining, relaxing, and making lasting memories. The main living area features beautiful hardwood floors and an open, inviting layout. The spacious kitchen is equipped with stainless steel appliances, abundant cabinetry, and extensive countertop space, making it ideal for everyday living and hosting family and friends. The oversized bedrooms provide comfort for everyone, while the luxurious primary suite boasts a massive walk-in closet and a spa-inspired open-concept bath. The full English basement expands your living space with a cozy stone fireplace living area and a fifth bedroom. Step outside to the expansive deck overlooking the water, the perfect place to enjoy morning coffee or evening sunsets. This home has been thoughtfully updated with a new HVAC system, epoxy flooring in the two-car garage, and most furniture and beds are available and may be included or purchased separately, making this an excellent opportunity for a turnkey vacation home or full-time waterfront residence. Don't miss this rare opportunity to own a spacious waterfront retreat with modern updates, exceptional living space, and easy access to one of Northern Illinois' premier boating and recreation destinations.

Facts & features

Home type

Home

Year built

1973

Price per sq ft

$228

Parking

2-car garage

Included features

  • Fireplace

    1 fireplace

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Natural Gas, Forced Air

  • Appliances

    Dishwasher, Refrigerator, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood

  • Flooring

    Hardwood

  • Roof

    Asphalt

  • Lot Information

    Channel Front, Water Rights

  • Water Source

    Public

  • Sewer

    Septic Tank

  • View

    Water

Mortgage calculator

Estimated monthly payment

$3,902 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,140
  • Property tax $590
  • Insurance $172

Includes principal, interest, taxes & insurance.

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Listing Broker

Executive Realty Group LLC

Broker Name

Executive Realty Group LLC

Agent

Catie Vanvalkenburg