1 Eagle Lane, Galena, IL 61036
Local realty services provided by:CENTURY 21 Affiliated
1 Eagle Lane,Galena, IL 61036
$695,000
- 5 Beds
- 4 Baths
- 4,162 sq. ft.
- Single family
- Pending
Listed by: peter brennan
Office: coldwell banker network realty
MLS#:202601808
Source:IL_RAAR
Price summary
- Price:$695,000
- Price per sq. ft.:$166.99
About this home
Turnkey high-performing short-term rental (STR) with proven income, 4.9-star reviews, and rare hilltop views in the Galena Territory. This is a rare opportunity to acquire a fully operational, professionally designed short-term rental with a strong track record, repeat guest base, & significant upside following extensive 2025 renovations. Positioned on one of the highest elevation lots in the Territory, this 5-bedroom, 3.5-bath home offers panoramic views, privacy, & a setting that is extremely difficult to replicate—one of the key drivers behind its consistent rental performance. The property generated $78,000 in gross rental revenue in 2024 & $73,000 in 2025 Per Owner, with reduced availability due to renovation work. Following the updates, 2026 bookings are already trending approximately 30% ahead year over year. With over 450 combined reviews across platforms & an average rating of 4.9 stars, this is a proven, income-producing asset—not a speculative STR. Offered fully furnished and equipped, the home is truly turnkey and ready to generate income from day one. The layout has been intentionally designed to maximize guest experience & booking appeal, with 4,162 square feet across three finished levels, multiple entertainment zones & amenities that consistently drive occupancy & higher nightly rates. The main level features a vaulted family room with a gas fireplace, spacious kitchen & dining area, laundry room with sink, owner’s closet, & a primary suite with whirlpool tub, separate shower, & dual closets. The upper level includes 3 additional bedrooms, a full bath, & two loft areas—one configured for games and workspace, & the other a dedicated media lounge with a large TV, sound system, & comfortable seating. The lower level is designed for group entertainment & extended stays, featuring a second family room with gas fireplace, bar area, arcade/video game, pool table, poker table, kids playroom, additional bedroom, & full bath. A 3-car garage further enhances functionality & includes a ping pong setup for additional guest entertainment. Outdoor spaces are equally compelling, with a large deck off the kitchen offering seating for ten and a gas grill, as well as a walkout patio with an 8 person hot tub & firepit area—perfectly positioned to take advantage of the home’s exceptional elevation and views. Extensive 2025 improvements were completed to enhance both guest experience & long-term performance, including a new roof, fresh interior paint, new carpet throughout, new lower-level flooring, new pool table, eight professionally mounted TVs with hidden wiring, premium sound system in the media loft, & all new furnishings across multiple living areas, lofts, dining spaces,& outdoor seating areas. Additional features include a water softener, radon mitigation system,& plumbing in place for in-floor heating. Very few properties in the Galena Territory combine this level of elevation & views, size & layout for group accommodations, & a proven income history with strong guest satisfaction. Optional discounted professional management is available for a seamless transition, allowing a new owner to maintain booking momentum & preserve the existing guest base. This is a true plug-and-play short-term rental investment with immediate cash flow and continued growth potential. The Galena Territory has much to offer! Once rejuvenated from a memorable stay at this prized property, you and/or your guests can connect with the paved asphalt trail system. The trail leads you to all four Eagle Ridge Golf Courses, Lake Galena, Eagle Ridge Resort & Spa, and ultimately the Property Owners Club. The Club includes indoor/outdoor pools, tennis/pickleball courts, fitness center, boating/kayaking/fishing on Lake Galena, 20 miles of nature/hiking trails or you can mosey on down to the Shenandoah Horseback Riding Center. Be sure to make time to explore the historic City of Galena – a short 10 minute car ride to restaurants, shopping and activities....
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Home facts
- Listing ID #:202601808
- Added:50 day(s) ago
- Updated:May 24, 2026 at 02:45 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Dining Description:On Main Level
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator, Stove/Cooktop, Water Softener
- Bedroom Description:Master Bedroom On Main Level
- Basement Description:Full
- Living area:4,162 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Propane
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Building area:4,162 sq. ft.
- Lot area:1.82 Acres
- Construction Materials:Siding, Wood
- Exterior Features:Deck, Patio
- Levels:2 Story
Schools
- High school:Scales Mound
- Middle school:Scales Mound
- Elementary school:Scales Mound
Utilities
- Water:City/Community
- Sewer:Septic
Finances and disclosures
- Price:$695,000
- Price per sq. ft.:$166.99
Features and amenities
- Appliances:Dishwasher, LP Gas Tank, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener
- Laundry features:Dryer, Laundry 1St Floor, Washer
- Amenities:Deck, Laundry 1St Floor
Parking
- Garage spaces:3
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