A six-bedroom, 12,000-square-foot vintage mansion in Winnetka sold April 17 for just over $3.2 million — almost $3 million less than its 2009 sale price.
Built in 1929, the 20-room mansion on Hill Road is billed as an art deco manor-style home. A prior owner of the mansion, developer J. Paul Beitler, undertook a gut renovation of the mansion over a four-year period in the 1990s. Beitler then sold the mansion to its most recent owner, Robert F. Steel, in 2009 for $6.2 million.
Steel first listed the mansion in 2018 for $5.5 million and cut its asking price early last year to just below $5 million. He reduced his asking price to $4.7 million in September and then to $4.25 million in February.
“It’s a sign of the times,” said co-listing agent Sharon Friedman of Coldwell Banker, referring to the sale price. “It’s sad.”
Friedman, who co-listed the mansion with Dinny Dwyer, called the mansion “a gem.”
“It’s more magnificent than it looks in the photos. It’s stood the test of time,” Friedman said. “It was magnificently renovated with the finest everything.”
The mansion has seven full bathrooms and two half-baths. Its features include six fireplaces, custom millwork and coffered ceilings. Among its 20 rooms are a library, a sunroom, separate guest quarters, a newly finished lower level and an attached four-car garage, all located on a 1.25-acre property.
The mansion had a $63,190 property tax bill for 2018.
Public records do not yet identify the buyers.
Bob Goldsborough is a freelance writer.
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