One of the Chicago region's priciest home sales ever was recently executed in Winnetka. The six-bed, nine-and-a-half bath mansion on 1.34 lakefront acres closed in mid-January for $12.25M. The only recent sale to eclipse this one was Citadel founder Ken Griffin's 2012 Park Tower condo purchase. It had been listed for $13.9M since July. An unidentified bank trust bought the estate from private equity exec Patrick Haynes and his wife, reports Bob Goldsborough for The Tribune.
Enter the home and a realm of inconsistency. The Mediterranean villa exterior, more-or-less faithful to the 1928 design, doesn't really compute with the remade interiors by Chicago's Branca. Radiant and bedazzled as they are, the interiors are on the heavy side (dark paneling and moldings)— better suited to a stately 19th century Georgian mansion than an airy waterfront villa. We'll hand it to the floor-to-ceiling windows, cozy alcoves, and third-floor belvedere for capitalizing on lake and city views. And the long veranda and terraces relate quite well to the pool area and landscaped grounds. The Hayneses paid $7.1M for the spread in 2005 and set about transforming it. Presumably, they're getting fair compensation for their labors.
·Winnetka lakefront mansion sells for $12.25 million [Trib]
·For $13.9M: Patch of Mediterranean Heaven in Winnetka [Curbed Chicago]