Wonderful mid-century modern lakefront home on 8+ acres in Bannockburn! This property is perfect for a buyer looking for land, privacy, and the opportunity to transform a large, classic home into a modern day showpiece. With almost 8.5 acres and a lake, the amazing outdoor spaces can be enhanced with a pool/spa, sport court, putting green, and more. The house has large rooms and unique spaces featuring 5 bedrooms, 7 full bathrooms, two 1st floor offices, a recently updated basement, heated 3-car oversized garage, and incredible views of the property. The Primary Bedroom suite is on the main floor and has 2 spacious full bathrooms and 2 walk-in closets. The 1st floor also contains a large library that could double as an office (or become a 6th bedroom w/ minor modifications), a cozier space w/ a built-in desk that could be a 2nd home office or craft room, a large dining room w/ original hardwood flooring in a herringbone pattern, a large family room w/ sunken bar and broad vistas of the backyard, two additional full bathrooms, and a laundry room. The 2nd floor features the remaining four large bedrooms, two w/ en suite baths, the other 2 bedrooms share a bathroom. The wide-open, bright, full basement has recently been updated w/ new carpet & paint. There is also a large heated workshop with water spigot. Outside, there is a large upper terrace and spacious lower terrace for entertaining, a circular driveway, a lake, and plenty of open space. The property is close to schools and parks with quick access to the highway. Don't miss this incredible opportunity with the award-winning Bannockburn School, which feeds into award-winning Deerfield High School.