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307 Knollwood Drive Dixon, IL 61021 Residential - Single Family Active

  • 307 Knollwood Drive, Dixon, IL 61021 Main Photo

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Description

Located within the gated Lost Lake community, this spacious, recently updated home offers three fully finished levels, three fireplaces, a finished three-car garage, overhead garage storage rack, n and a brand-new roof (June 2024), new furnace 2026. The main level features vaulted ceilings, a fireplace-centered family room, refinished white oak flooring, a remodeled laundry room, a private office / main floor bedroom, and an updated kitchen with granite countertops, an oversized island, and upgraded appliances including an LG ThinQ refrigerator with Craft IceTM. and GENERAC home generator The upper level showcases an expansive owner's suite with fireplace, sitting area, two walk-in closets, and a spa-inspired bath. The walk-out lower level adds in-floor heat, new luxury vinyl flooring, a remodeled full bath, an two additional bedrooms, and flexible living space ideal for extended stays or recreation. Highly sought after, prestigious Lost Lake offers a rare blend of resort-style amenities and natural surroundings, including a private lake with boating and fishing, beaches, clubhouse, tennis courts, walking paths, and abundant wildlife. Just beyond the gates, enjoy the Rock River, nearby state and local parks, and the preserved prairie of Nachusa Grasslands, all while remaining conveniently close to interstates and downtown Dixon.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 4,300
Lot Size: 1.06 acres
Walkout Basement
Garage Size: 4
Attached Garage
Built in 2000
School District: District 170
Wooded Lot
Brick Exterior
Three Fireplaces

General Information

Bedrooms: 5
Bathrooms: 4
Sqft: 4,300
County: Ogle
Subdivision: Lost Lake
Listed By:
Compass 847-318-3718
MRED MLS

Room Information

Office: 16X14
Recreation Room: 15X38
Bedroom 5: 9X16
Bedroom 2: 17X17
Bedroom 3: 16X17
Bedroom 4: 9X16
Dining Room: 11X16
Kitchen: 31X14
Laundry: 10X9
Living Room: 16X38
Primary Bedroom: 43X26
$599,999
Est. $3,811/mo
5beds
4baths
4,300sqft
4cars
Active
BEDS5 BATHS4 full SQUARE FEET4,300 MLS#12542007
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLost Lake SCHOOLDistrict 170

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307 Knollwood Drive, Dixon, IL 61021.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $599,999$599,999$599,999
Down Payment $120,000$21,000$150,000
Monthly Mortgage Amount $2,801$3,438$3,588
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,811$4,712$4,598

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About this area

Illinois/Dixon
Dixon

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About Dixon

Dixon, IL is a historic city along the Rock River that blends small-town charm with a vibrant community spirit. The city offers a strong mix of cultural, recreational, and educational opportunities. Residents enjoy a variety of local shops, restaurants, and events, as well as outdoor activities such as boating, fishing, and biking along scenic riverfront trails. Its historic downtown, paired with modern conveniences, creates a balanced environment that appeals to both families and professionals.

Once home to Ronald Reagan as a child, Dixon has kept its history alive with celebrations and preservation. Situated along two banks of the Rock River, this historic and charming little community filled with classic brick structures lining its downtown district offers residents a quiet place to settle without sacrificing great dining and shopping.

Art lovers relish in the local galleries, community art fairs and year-round performances at the art center. A particular favorite is the Gardentstock Arts & Music Fest where local artists feature their work, and local musicians entertain throughout the day and night. This little community is well known for its festivals, bringing in visitors from surrounding communities as far as two hours away. Fourth of July fireworks wow the residents, the Petunia Festival spreads beauty throughout the downtown streets, and the fall Scarecrow Festival delights all.

The real estate market in Dixon is diverse and inviting. Buyers will find an array of housing options ranging from classic single-family homes on tree-lined streets to newer construction with updated layouts and amenities. Historic properties, some with unique architectural character, are also available and reflect the city’s long-established roots. For those seeking more space, country homes and properties with acreage can be found just outside the city, offering privacy while keeping local amenities close at hand.

Affordability is a major advantage in the local housing market, making it an appealing choice for first-time homebuyers, retirees, and investors. The community’s steady growth, along with its convenient location within Northern Illinois, ensures that housing retains long-term value. With its strong sense of community, accessible lifestyle, and variety of real estate options, Dixon offers an excellent balance of small-town living and opportunity, making it a desirable place to call home.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Dixon, IL. You can also contact us—we are here to help!

About this community

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