Renovated Lake Forest Jerome Cerny Design Sells For $3.2 Million

LAKE FOREST, IL — An east Lake Forest home designed by a prominent local architect and renovated by its interior designer owner sold last week for more than twice its purchase price from less than four years earlier.

Located on a 1.85-acre parcel east of Sheridan Road, the five-bedroom brick and cedar home was designed by Jerome Cerny and built in 1962, according to its listing.

The Crab Tree Lane property was purchased for $1.5 million in March 2017 by Patrick and Megan Winters, an interior designer whose work has been featured in more than a half-dozen publications.

Winters subsequently oversaw a renovation on the home, which saw the interior stripped down to its studs, leaving only a door, window and a staircase, according to a 2019 Luxe magazine feature about the house.

READ MORE: 'Modern Day Masterpiece' Listed By Lake Forest Interior Designer

The interior now features "cashmere wallpaper, striking light fixtures, and amazing sight lines" with a redesigned floor plan," according to the listing.

---

The property was first listed in January 2020 with a price tag of nearly $3.8 million.

The asking price was reduced to just under $3.4 million in October 2020 and the home went under contract last month. The sale closed Friday for $3.155 million.

According to county records, the property's estimated market value for tax purposes is $2.036 million, and its annual property tax bill last year was about $36,000.

• Address: 545 Crab Tree Lane, Lake Forest, Illinois
• Built: 1962
• Lot Size: 1.85 acres
• Square Feet: 6,235
• Bedrooms: 5
• Bathrooms: 5 full, 1 half
• Last Sold: $1.5 million in March 2017
• First Listed: $3.799 million in January 2020
• Closing Price: $3.155 million on Jan. 29

Listing information originally appeared on realtor.com. For more information and photos, click here.