June 9, 2026 - 17:20

A lakefront property in Highland Park, described as having a "fantastic beach," has just closed for the highest price seen for a private home in the area in over a decade. The sale marks a significant milestone for the local luxury market, which has not seen a residential transaction this high since 2015.
Aside from the $9.5 million sale of Michael Jordan's former home, which was purchased as a hospitality venue, no Highland Park home has sold for more since then. The new record-breaker, while not exceeding that figure, still represents the top price for a strictly residential property in 11 years.
The house itself is a custom-built estate that sits directly on the shores of Lake Michigan. Real estate agents involved in the deal highlighted the property's private beach access and panoramic water views as key selling points. The home features modern architecture with open living spaces, high-end finishes, and extensive outdoor areas designed for entertaining.
The sale signals a continued strength in the luxury segment of the North Shore housing market. While the overall market has seen fluctuations in recent years, prime lakefront properties have maintained their value and appeal among high-net-worth buyers. The transaction was handled by a local brokerage that specializes in luxury estates, though the final buyer and seller have not been publicly disclosed. The closing price, while not officially released, has been confirmed by multiple sources familiar with the deal.
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