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218 FEET OF PRIVATE LAKEFRONT! Don’t miss this rare opportunity to own a WATERFRONT home situated on beautiful Lake Thunderbird, just 2 hours southwest of Chicago! This 6 bedroom, 3 bath home with walkout basement is located on a quiet cul-de-sac on a highly sought after lot. THE WATERFRONT OF THIS PROPERTY IS SO VAST IT PROVIDES A PRIVATE SWIMMING COVE. Enter the home and your eyes will soon discover NEW engineered hardwood flooring, vaulted ceilings and loads of windows with amazing lake views throughout. The living room greets you and opens directly to the updated kitchen. The kitchen boasts white cabinetry, stainless steel appliances, a breakfast bar and walk-in pantry. An eating area also complements the space. The kitchen flows directly into the family room with wood burning fireplace, built-in shelving, and new French doors. Off the family room you will find two large bedrooms and a hall bath. The master suite is located on the opposite end of the home and is comprised of a large walk-in closet and master bath with double sinks, separate shower, and whirlpool tub. Head downstairs to another level of living. The walkout basement consists of a large bar, game area and a recreation room with a gas burning fireplace. Three sizable bedrooms and a bath are also located on the lower level, along with a laundry room and loads of storage. Head outside to the expansive deck that provides beautiful views of the lake. A few steps down and you are at the waterfront. The private driveway allows for loads of parking. A newer roof and siding, updated kitchen, tankless water heater and more add to the value of this home. Enjoy 112 ACRES OF LAKE, GUARDED SWIMMING POOL, PRIVATE BEACH, RENOVATED CLUBHOUSE, PARKS, NATURE TRAILS, VOLLEYBALL, BASKETBALL, TENNIS, MINI GOLF, DISC GOLF, FISHING, SPECIAL EVENTS AND MORE! Access to all the amenities are included in the low annual assessment. This is an estate sale. Home is clean and well-maintained and being sold As-Is. PLEASE NOTE: THE ADDRESS ON THE HOME IS 36 MAGNOLIA DRIVE, BUT THE HOMES CORRECT ADDRESS IS 38 MAGNOLIA DRIVE.

Property Details

Price:
$365,000
MLS #:
MRD12360306
Status:
Active
Beds:
6
Baths:
3
Address:
38 Magnolia Drive
Type:
Single Family
Subdivision:
Lake Thunderbird
Neighborhood:
Lake Thunderbird / Putnam
City:
Putnam
Listed Date:
May 9, 2025
State:
IL
Finished Sq Ft:
2,400
ZIP:
61560
Year Built:
1991

Schools

School District:
5

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Freezer, Stainless Steel Appliance(s)
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Fireplaces Total
2
Flooring
Carpet, Wood
Heating
Propane
Laundry Features
Electric Dryer Hookup, Sink

Exterior

Architectural Style
Ranch
Community Features
Clubhouse, Park, Pool, Tennis Court(s), Lake, Dock, Water Rights, Street Paved
Construction Materials
Vinyl Siding
Other Structures
Shed(s)
Parking Features
Gravel, Off Street, Off Site, Owned
Parking Spots
3
Roof
Asphalt

Financial

HOA Fee
$726
HOA Frequency
Annually
HOA Includes
Clubhouse, Pool, Lake Rights, Other
Tax Year
2023
Taxes
$9,212

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Mike Gonet was born, raised, and raised his family in the Putnam County Area. He has successfully run a family-owned real estate business for over 40 years with Gonet Real Estate & Land Co. He has extensive experience (and thoroughly enjoys) selling vacant land, farm ground, and commercial properties. When Mike has free time, he enjoys spending it with his 4 adult children and many grandkids by watching baseball and college basketball and playing golf. His experience and expertise in real estat…

More About Michael
38 Magnolia Drive
Putnam, IL

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