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Massive lakefront mansion takes massive $3M price reduction

Even with a $3M price chop, this listing is still one of the priciest in the state

Seeking a truly opulent home on a wide spread of precious lakefront property? Well, look no further. This large 11,000-square-foot Glencoe home on the shore of Lake Michigan has returned to the market, and reenters the MLS with a major price reduction. Built in 1992, the mansion with its French manor style design and two acres of property can only be described as a trophy home. The mansion made a big splash last summer when it hit the market asking a whopping $15 million, but today, the owners are now seeking $12 million. Even with a $3 million price chop, this home is one of the most expensive listings in Illinois. However, shoppers seeking an ultra high-end residence like this one have plenty of options at the moment. Several multimillion dollar properties have entered the market in the last several weeks, including a Daniel Burnham-designed mansion in Kenilworth and the pricey Morton Salt Estate from David Adler.

Architecture that comes to life in Game of Thrones