$599,900
16602 N Steel Lane
None, Wood Lawn, Illinois, 62898
MLS® 26059065 · Listed by Whitetail Properties Real Estate, LLC
About this property
Located in Jefferson County, Illinois, just 10 miles from Mount Vernon, this 16± surveyed acre property offers a unique combination of luxury country living, privacy, outdoor recreation, and short-term rental potential. With a custom home, an impressive guest house with a built-in swim spa and hot tub, a stocked pond, approximately 10 acres of timber, and extensive improvements, this property could serve equally well as a full-time residence, private retreat, or destination rental. The centerpiece of the property is the 2,100±-square-foot home featuring 2 bedrooms and 2.5 bathrooms. Positioned overlooking a 2.5± acre stocked pond, the home was designed to take advantage of the setting, with large windows providing plenty of natural light and views of the property and water. A finished basement provides additional living and entertainment space, while patios and balconies on every level allow you to enjoy the outdoors from virtually anywhere in the home. Morning coffee overlooking the pond, evenings with family and friends, or simply watching deer and turkey move through the property are all part of what makes this setting special. The home sits well off the road, providing the privacy and seclusion you would expect from a luxury country property while remaining only 10 miles from Mount Vernon. That combination of privacy and convenient access is also a major advantage for anyone considering the property for short-term rental use. The property also includes a fully finished and insulated 24x40 two-car garage with electricity and excellent lighting. Two additional rooms provide plenty of flexibility for storage, a workshop, hobbies, or other uses. The grounds surrounding the home and improvements have been extensively landscaped and maintained. The landscaping, pond, mature timber, and layout of the improvements give the entire property a finished feel while still maintaining the natural outdoor setting that makes the acreage so appealing. One of the most distinctive features is the impressive 1,800±-square-foot guest house. Inside is a 19-foot swim spa and hot tub, along with a well-appointed kitchen, bathroom, and bedroom. Above the main level is an additional 724± square foot loft, creating even more space for guests, recreation, or additional sleeping accommodations. The guest house, swim spa, multiple lodging areas, stocked pond, privacy, and proximity to Mount Vernon create a strong opportunity for a premium short-term rental or VRBO. Rather than simply offering guests a place to stay, this property has the ability to provide a complete destination experience built around privacy, luxury amenities, and outdoor recreation. Approximately 10± acres of timber add another dimension to the property. Deer and turkey sign can be found throughout the wooded acreage, providing the opportunity to hunt right out the back door. The 2.5± acre stocked pond provides fishing and additional recreational opportunities, while the timber and surrounding acreage offer room for hiking, ATV riding, wildlife watching, photography, and simply enjoying your own private outdoor space. The property also has potential for corporate retreats, family gatherings, small weddings, wellness retreats, and other private events. The combination of multiple structures, outdoor living areas, water, mature timber, manicured grounds, and privacy provides options that are difficult to find on a property of this size. Whether you're looking for a luxury primary residence, private weekend getaway, recreational property, or a short-term rental investment with amenities that can help separate it from typical rental properties, these 16 surveyed acres offer a combination of improvements, privacy, and outdoor opportunities that is hard to duplicate this close to Mount Vernon.
Estimated value
$590,818
Estimated range: $573,438 – $608,197 · 3% confidence
Estimated value by month
This is an automated estimate based on MLS® market data — not an appraisal or a substitute for professional advice.
Curious what your own home is worth? Get a free estimate →Comparable recent sales
Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.
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MLS® data for this listing last updated Sep 12, 2026.