"There are more waterfront properties on the market now than at any time in the past 20 years," says Arenson, "and some are selling quickly. A home on Sheridan Rd opposite the Baha'I House of Worship recently sold just before it went into the MLS, priced at upwards of $6 million." The site, pictured above, is just south of Wilmette's harbor. A vacant lot on the same stretch is also on the market.
"A gorgeous home on Sheridan Road in Wilmette came on the market 9 days ago, at $4.295M, listed with Pam Kirby," Arenson added. "There's also a home at 1000 Michigan in Wilmette for $4.349M, and a recently-listed home in Winnetka at $4.850M. Chris Downey has a home on the ravines in Winnetka coming on the market in a few days, at $8M-plus."
Arenson, who manages Coldwell Banker's Wilmette and Winnetka North offices, didn't dispute my guesstimate that there are fewer than two dozen homes, in total, on the lake in Wilmette.