Why Live in Newport Cove
Newport Cove in Grayslake is a planned community offering a unique lakeside living experience. Situated near Bluff Lake, Lake Marie, and Grass Lake, residents enjoy extensive waterfront activities, including boating, kayaking, and fishing. The neighborhood features 40% communal open space with pedestrian trails and a marina with permanent piers for residents. Homes range from custom builds in the Estates and Waterfront sections to smaller tract homes in The Cottages, all adhering to a cohesive design aesthetic. The community lacks sidewalks and bike trails but is close to Turner Lake Fen Nature Preserve for hiking. Dining options are primarily waterfront, with local favorites like Sunset Grill Antioch and Steiz’s Resort offering casual fare and live music. Essential shopping and dining can be found in the village center of Antioch, about 3 miles away. Newport Cove students attend Grass Lake Elementary School and the highly rated Antioch Community High School. The area is safer than the national average, providing a secure environment for families. Commuters have access to Illinois Route 173, Route 59, and Route 83, with the nearest Metra station in downtown Antioch. Chicago O’Hare International Airport is 42 miles away, and the closest emergency room is 16 miles at Northwestern Medicine McHenry Hospital. Local attractions include seasonal events in downtown Antioch, such as Dickens Christmas and performances at the Palette, Masque and Lyre theater.
Frequently Asked Questions
Is Newport Cove a good place to live?
Newport Cove is a good place to live. Newport Cove is considered very car-dependent and somewhat bikeable. Newport Cove is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Newport Cove has 6 parks for recreational activities. It is sparse in population with 1.8 people per acre and a median age of 52. The average household income is $149,450 which is above the national average. College graduates make up 27% of residents. A majority of residents in Newport Cove are home owners, with 17.9% of residents renting and 82.1% of residents owning their home. A
local real estate agent serving Newport Cove can help you decide if this neighborhood is the right one for you. Learn more on our
Newport Cove neighborhood guide.
Is Newport Cove, IL a safe neighborhood?
Newport Cove, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Newport Cove?
The median home price in Newport Cove is $507,450. If you put a 20% down payment of $101,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $112K a year to afford the median home price in Newport Cove. The average household income in Newport Cove is $149K.
What are the best public schools in Newport Cove?
The best public schools that serve Newport Cove are:
What are the most popular zip codes in Newport Cove, Grayslake, IL?
What are the most popular neighborhoods near Newport Cove, Grayslake, IL?
Are home prices dropping in Newport Cove?
Yes, home prices in Newport Cove are down 34% in the last 12 months.
Home Trends in Newport Cove, IL
On average, homes in Newport Cove, Grayslake sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Newport Cove, Grayslake over the last 12 months is $489,900, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$489,900
Median Single Family Sale Price
$529,450
Average Price Per Sq Ft
$167
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$507,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%