- 5 beds
- 8 baths
- 9,000 sqft
- ~2 acre lot
- $666 per sqft
- 1995 build
- – on site
Welcome to 55 Prospect Avenue-where every day feels like a seaside escape. Perfectly sited on 1.5 acres with an extraordinary 175 feet of private Lake Michigan beachfront, this coastal-inspired estate offers a rare blend of architectural elegance, resort-style living, and timeless design. Evoking the relaxed sophistication of the Hamptons, this is Highland Park's crown jewel. Designed and built by some of the most respected names in luxury construction and recently reimagined to elevate both form and function, the residence spans over 9,000 square feet of masterfully crafted living space. Landscape architect Bill Eiserman reengineered the bluff and curated the grounds into a private, protected sanctuary with lush, purposeful design and uninterrupted lake views. Inside, floor-to-ceiling windows frame panoramic, ever-changing views of the lake, infusing every room with natural light and the calm of the shoreline. The main floor was designed for seamless entertaining and relaxed living, with soft, organic tones and a thoughtful layout that blends openness with intimacy. At the heart of the home lies the showpiece kitchen-featuring butcher block and marble countertops, professional-grade appliances, and expansive prep and serving areas ideal for both culinary pursuits and gathering with friends. The main residence includes 4 bedrooms and 5.2 baths, each beautifully appointed. The primary suite is a serene retreat, offering peaceful morning lake views at every turn, and an ambiance that invites rest, renewal, and reflection. An elevator services all floors, offering ease and accessibility throughout the home. Just steps away, a guest house mirrors the architecture and charm of the main home and includes a bedroom, full bath, exercise studio, and recreation space. The breezeway connecting the two structures features twin porch swings-an unexpected and whimsical detail that invites quiet reflection and a moment to take in the breeze off the lake. The outdoor living experience is just as exceptional. An outdoor shower adds convenience and practicality for those perfect beach days. The expansive, landscaped backyard features a beautiful stone patio for al fresco dining, and a built-in fire pit overlooking lush gardens and the serene blue waters beyond, creating the perfect setting for intimate gatherings or tranquil evenings under the stars. Car enthusiasts will appreciate the oversized 6-car garage, providing ample space for a prized collection or weekend cruisers. This is more than a home-it's a lifestyle of privacy, beauty, and effortless luxury, just minutes from the heart of Highland Park and world-class schools and amenities.
Last checked:
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Last updated Jul 15, 2025
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MLS# 12395579 —
The Building
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Year Built:1995
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Rebuilt:No
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New Construction:false
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Construction Materials:Cedar, Shake Siding
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Architectural Style:Cape Cod
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Model:CAPE COD
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Roof:Shake
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Basement:Finished, Full
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Foundation Details:Concrete Perimeter
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Exterior Features:Balcony, Hot Tub, Dog Run, Outdoor Grill, Fire Pit, Breezeway, Lighting
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Patio And Porch Features:Patio
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Disability Access:No
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Other Equipment:Security System, Fire Sprinklers, Sump Pump, Security Cameras
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Living Area Source:Estimated
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Window Features:Screens
Interior
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Room Type:Breakfast Room, Office, Recreation Room, Sitting Room, Pantry, Bedroom 5, Foyer, Walk In Closet, Utility Room-Lower Level
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Rooms Total:13
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Interior Features:Elevator
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Fireplaces Total:1
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Fireplace Features:Gas Log
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Fireplace Location:Living Room
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Laundry Features:Gas Dryer Hookup, Multiple Locations, Sink
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Flooring:Hardwood
Room Dimensions
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Living Area:9000
Location
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Directions:Sheridan to Laurel, Laurel to Prospect
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Location:85774
The Property
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Parcel Number:16243020220000
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Property Type:Residential
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Location:N
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Lot Features:Landscaped, Mature Trees, Views
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Lot Size Dimensions:106X572X181X470
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Lot Size Acres:1.5442
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Rural:N
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Waterfront:true
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Additional Parcels:false
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Waterfront Features:Beach Access, Lake Front, Lake Privileges
Listing Agent
- Contact info:
- Agent phone:
- (312) 961-4612
- Office phone:
- (773) 472-0200
Taxes
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Tax Year:2023
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Tax Annual Amount:116143
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:8
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Full Baths:6
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Half Baths:2
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air, Zoned
Utilities
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Sewer:Public Sewer
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Electric:200+ Amp Service
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Water Source:Lake Michigan
Appliances
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Appliances:Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
Schools
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Elementary School:Indian Trail Elementary School
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Elementary School District:112
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Middle Or Junior School:Edgewood Middle School
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Middle Or Junior School District:112
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High School:Highland Park High School
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High School District:112
The Community
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Community Features:Lake
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:6
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Parking Features:Brick Driveway, Circular Driveway, Heated Garage, Garage, On Site, Garage Owned, Attached
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Garage Spaces:6
Monthly cost estimate

Asking price
$5,995,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$32,101
|
Taxes | $9,678 |
Insurance | $1,648 |
Utilities | $347 See report |
Total | $43,774/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/15/25
Jul 15, 2025
|
Listed / Active | MRED | $5,995,000 | |
4/19/24
Apr 19, 2024
|
Listed / Active | MRED | ||
9/5/23
Sep 5, 2023
|
Listed / Active | MRED |