$715,000
3 Beds | 4 Baths | 4485 SQFT
FOR SALE - ACTIVE
1298 S Falcon Dr, Palatine, IL 60067
$4,757/mo
Estimate your monthly payment
Mortgage Amount
Term in Years
Interest Rate (APR)
Monthly Payment (PI)
$4,757
Yearly Property Taxes
Homeowner Insurance
Monthly Payment (PITI)
$5,893

About this Property

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)

Details

Bedrooms
Upper Beds1
Main Beds1
Lower Beds1
Total Beds3
BathroomsFullHalf
Upper Baths10
Main Baths11
Lower Baths10
Total Baths31
Lot and Home Size
Lot Size:0.35 Acres
Above Grade SF:2442
Lower Level Fin. SF:2043
Total Finished SF:4485
School Info
211
Elementary:Hunting Ridge
Middle:Plum Grove
High:Wm Fremd
Utilities and Taxes
Heating:Gas
Cooling:Central Air
Water:City Water
Septic:City Sewer
Monthly HOA Dues:$200
Property Taxes:$13,425
General Info
Property Type:Single Family
Year Built:2000
Garage Stalls:3
Exterior Finish:Vinyl Siding, Brick
Foundation:Full Basement

Features

Upper Level Primary BR
Main Floor Laundry
Office/Study
Security System
Breakfast Nook
Breakfast Bar
Kitchen Appliances Stay
Fireplace
Bath off Primary BR
Walkout Lower Level
Deck
Great View
Lawn Irrigation
Patio
Mature Trees

Improvements

Navien Tankless Water Heater -- 2026
Led Lights Throughout -- 2022
Gourmet Kitchen Island -- 2022
Primary Ensuite & Basement Blinds -- 2022
New AC/Furnace Installed -- 2025
Exhaust Hood Over Range & Backsplash -- 2025
Epoxy Flooring in Garage -- 2022
Kitchen Disposal & Fixtures -- 2024
Deck Restored/Refinished -- 2024
New Bedroom Carpet -- 2021