Luxury homes
New estates alongside historic and lakefront homes.

New homes in Lake Forest, Illinois
New construction homes in Lake Forest, IL in new-build communities and on single lots, with a buyers agent who reads the builder contract with you.
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01 / New builds
New construction homes in Lake Forest, IL come two ways: in a few new-build communities, mostly west of Route 41, and as single new homes on lots where an older house came down. In October 2026, three communities had new homes for sale (Homes by Marco).
Styles run from traditional stone and brick to modern designs in brick, cedar and glass. Most new homes in Lake Forest list above $2.5M. Buyers who want something new at a lower price often look at newer townhomes instead.

02 / Communities
Homes built from 2024 to 2026, from 7,487 to 11,980 square feet. Two homes were for sale with an average list price of $3,572,500, one of them new.
An established area where homes from 1947 sit next to new ones, with construction planned into 2027. Homes range from 1,851 to 6,239 square feet; two were for sale with an average list price of $3,389,500, one of them new.
Lots and new homes, with HOA dues from $83 to $1,057 a month. One new home was listed at $2,650,000.
Source: Homes by Marco, October 2026. Listings change quickly; ask us for what is available now.

03 / Lots
Buildable land is in demand, with less than one month of supply in October 2026 and the most activity between $400K and $425K (Homes by Marco). Many new homes in East Lake Forest replace an older house on a large lot.
New homes and demolitions go through City review, and some streets are in local historic districts. Ravine and bluff lots have their own rules. We check what applies before you make an offer on a lot.

04 / Builder contract
Your own attorney
Why it matters: Builder contracts are written by the builder. Have your attorney review it.
Deposits
Why it matters: How much, when, and whether it is held in escrow.
Allowances
Why it matters: What the base price includes for kitchen, baths, floors and lighting, and what upgrades cost.
Change orders
Why it matters: How changes are priced and approved in writing.
Completion date
Why it matters: What happens if the build runs late.
Warranty
Why it matters: What is covered, for how long and how claims are handled.
Inspections
Why it matters: Your right to an independent inspection before drywall and before closing.
Property tax
Why it matters: Taxes shown for a new home may reflect only the land. Plan for a higher bill once the home is assessed.
| Item | Why it matters |
|---|---|
| Your own attorney | Builder contracts are written by the builder. Have your attorney review it. |
| Deposits | How much, when, and whether it is held in escrow. |
| Allowances | What the base price includes for kitchen, baths, floors and lighting, and what upgrades cost. |
| Change orders | How changes are priced and approved in writing. |
| Completion date | What happens if the build runs late. |
| Warranty | What is covered, for how long and how claims are handled. |
| Inspections | Your right to an independent inspection before drywall and before closing. |
| Property tax | Taxes shown for a new home may reflect only the land. Plan for a higher bill once the home is assessed. |

05 / Your agent
The builder's sales team works for the builder. A buyers agent works for you: comparing the price with recent resales, negotiating upgrades and credits and following the build to closing. Register with us before your first visit to a model, since some builders require it. See how our buyers agent in Lake Forest works.
06 / Related
New estates alongside historic and lakefront homes.
Newer townhome communities with lower prices.
Where most new-build communities are.
07 / Questions
In communities such as Windridge, Meadowood and The Preserve at Westleigh, and on single lots across town where an older house is replaced.
Most new homes listed above $2.5M in October 2026. Size, lot and finishes drive the price.
Yes. Lots sell quickly, and plans go through City review. We check zoning, historic district and ravine or bluff rules before you offer.
It is not required, but the builder's team represents the builder. Your own agent and attorney protect your side of the contract.
The tax shown may be based on the land before the home was finished. Expect a higher bill after the new home is assessed.
Tell us your budget and timing, and we will send new homes and lots as they list.
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