1298 Falcon Drive, Palatine, Illinois 60067

Subdivision > Peregrine Lake Estates

$675,000

For Sale
Status: Active
Sqft: 4,485
Cost/Sqft: $151
Beds: 2
Baths: 4
Year Built: 2000
Property Taxes: $13,425
Days On Market: 49
Lot Size: 0,00

Description

Stunning, wide-open end unit with the exclusive Peregrine Lake Estates lot amidst wooded greenery that backs to the lake. Enjoy low-maintenance living in this sun-filled, 3-bedroom townhome featuring a heated 3-car garage and many high-end updates throughout and an easy walk to Fremd HS! The main level offers an open-concept layout with refinished American Cherry hardwood floors, custom built-ins and upgrades, a gas fireplace, and a unique and huge heated/cooled 4-season room adjacent to the top deck. The kitchen features 42" maple cabinetry with soft-close drawers, granite countertops, a Sub-Zero HE refrigerator, exterior vented gourmet hood, and a quartz-top island. A remodeled 2nd primary suite, updated powder room, and laundry add main-floor living convenience. The upstairs primary suite features hardwood floors, two walk-in closets, and a remodeled bath with a double vanity and tiled shower. With two primary suites, this home offers flexible living arrangements ideal for multi-generational households or added privacy for guests. The grand loft overlooking the great room and its floor-to-ceiling windows provides flexible space that can easily convert into a home office for working from home, or serve as a potential 4th bedroom. The walkout lower level features a spacious recreation room with a second fireplace, a third bedroom with ensuite bath, a wet bar, and three sliding doors leading to the paver patio and gorgeous backyard. Enjoy updates including a new tankless water heater (2026), a bright sunroom with exterior access and fresh paint, plus a heated garage with a Q garage door system for added comfort and convenience. The primary bedroom furniture is negotiable. UPDATES: Navien tankless water heater (2026), Epoxy Garage Floor (2021), LED Lights Throughout (2022), Kitchen Island (2022), Basement & Primary Blinds (2022), New AC/Furnace (2025), Hood Exhaust (2025), Kitchen Backsplash (2025), Kitchen Disposal & Roll-out shelving (2024), Deck Restoration (2024), Bedroom Carpet (2021), New Roof (2020), Rizo Sprinkler Controller and RPZ Valve (2023), SimpliSafe Security System (2023), Level 2 Charger for EV (2023), Water Heater Controller (2022), Storm Sewer Sump Pump (2021), New Garage Door Spring (2026), Sliding Drawer in Pantry (2022), Remodeled Master Bath and Powder Room (2021), Freshly Painted Entire Home (2021)

Property Specifics

Condos/Townhomes
2
—
2000
Finished, Exterior Entry, Other, Egress Window, 9 ft + pour, Rec/Family Area, Storage Space, Daylight, Full, Walk-Out Access
Brick
—
—
No
—
Cook
Peregrine Lake Estates
200 / Monthly
Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Other
Public
Public Sewer
Central Air
Gas
12756527
02284040380000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Hunting Ridge Elementary School
15 —
Middle School
Plum Grove Middle School
15 Not in DB
High School
Wm Fremd High School
211 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
9 Nov, 2021 Sold $565,000 MRED MLS
5 Oct, 2021 Under contract $565,000 MRED MLS
1 Oct, 2021 Listed for sale $565,000 MRED MLS
— Last price change $715,000 MRED MLS
10 Sep, 2026 Listed for sale $715,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 3
Bedrooms Above Ground: 2
Bedrooms Below Ground: 1
Master Bedroom Info:
Dimensions: 13X19
Location: —
Floor Type: —
Second Bedroom Info:
Dimensions: 22X20
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: 14X11
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: 1
Bathroom Amenities: Whirlpool, Separate Shower, Full Body Spray Shower
Bathroom in Basement: 1
Dining Room Info:
Dimensions: 12X14
Location: —
Floor Type: —
Kitchen Info:
Dimensions: 15X15
Location: —
Floor Type: —
Laundry Room Info:
Dimensions: 6X8
Location: —
Floor Type: —
Living Room Info:
Dimensions: 20X23
Location: —
Floor Type: —
Family Room Info:
Dimensions: 30X26
Location: —
Floor Type: —
Additional Rooms Info:
Rooms: Sun Room
Basement: Finished, Exterior Entry, Other, Egress Window, 9 ft + pour, Rec/Family Area, Storage Space, Daylight, Full, Walk-Out Access
First Additional Room Info:
Name: Sun Room
Dimensions: 12X13
Location: —
Floor Type: —

Other Specifics

3
—
Concrete, Garage Door Opener, Garage Owned, Attached, Garage
Main Level
Hardwood, Carpet
Deck, Patio
—
Corner Lot, Irregular Lot, Landscaped, Wooded, Mature Trees
149 X 89 X 145 X135
—
Full
Vaulted Ceiling(s), Cathedral Ceiling(s), Wet Bar, 1st Floor Bedroom, In-Law Floorplan, 1st Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), High Ceilings, Granite Counters, Pantry, Quartz Counters
—
Not in DB
—
—
Gas Log, Gas Starter

Tax History

Year Property Taxes
2021 $9,457
— $13,425

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