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  1. Home
  2. /Lake Villa, IL
  3. /Falling Waters
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Falling Waters

Community constructed 1998-2003

BUILDINGS (OVER 5 UNITS)
Gallery0
BUILDINGS (2-5 UNITS)
Gallery101
SINGLE UNITS
Gallery314

Falling Waters

About Falling Waters

Falling Waters has 527 homes with 2-bedroom and 3-bedroom units. Unit sizes range from 1,149 to 2,080 square feet. The community has 314 single-unit buildings and no multi-unit buildings. The site includes a Clubhouse, Party Room, Health Club, and an Exercise Room. Residents can use a Bike Room/Bike Trails and an Intercom. The property lists a Private Inground Pool, In Ground Pool, Indoor Pool, Pool, Patio, Sundeck, Spa/Hot Tub, and Sauna. Outdoor areas include Trail(s), Park, and Tennis Court(s). The community notes School Bus service. Residents use the Indoor Pool and Private Inground Pool. Residents use the Patio and Sundeck. Residents use the Bike Room/Bike Trails and Tennis Court(s). The pet policy lists Number Limit, Deposit Required, Neutered and/or Declawed Only, Additional Pet Rent, Cats OK, Dogs OK, No, and Size Limit.

About Falling Waters

Falling Waters has 527 homes with 2-bedroom and 3-bedroom units. Unit sizes range from 1,149 to 2,080 square feet. The community has 314 single-unit buildings and no multi-unit buildings. The site includes a Clubhouse, Party Room, Health Club, and an Exercise Room. Residents can use a Bike Room/Bike Trails and an Intercom. The property lists a Private Inground Pool, In Ground Pool, Indoor Pool, Pool, Patio, Sundeck, Spa/Hot Tub, and Sauna. Outdoor areas include Trail(s), Park, and Tennis Court(s). The community notes School Bus service. Residents use the Indoor Pool and Private Inground Pool. Residents use the Patio and Sundeck. Residents use the Bike Room/Bike Trails and Tennis Court(s). The pet policy lists Number Limit, Deposit Required, Neutered and/or Declawed Only, Additional Pet Rent, Cats OK, Dogs OK, No, and Size Limit.
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Buildings In Falling Waters

No buildings found in this community.

Falling Waters Market Stats Last 12 months

AVG. LISTED PRICE$242,106($163 /sqft.)

AVG. SALE PRICE$241,385($161 /sqft.)
YEAR OVER YEAR LIST PRICE0.00%

YEAR OVER YEAR SALE PRICE0.00%
TOTAL LISTINGS35 Listed

TOTAL SOLD38 Sold
AVERAGE DAYS ON MARKET43 days
AVERAGE HOA FEES PER SQFT$6 /monthly

Market StatsLast 12 months

AVG. LISTED PRICE
$242,106($163 /sqft.)

AVG. SALE PRICE
$241,385($161 /sqft.)
YEAR OVER YEAR LIST PRICE0.00%

YEAR OVER YEAR SALE PRICE0.00%
TOTAL LISTINGS35 Listed

TOTAL SOLD38 Sold
AVERAGE DAYS ON MARKET43 days
AVERAGE HOA FEES PER SQFT$6 /monthly

Falling Waters Inventory & Sale History

Property
2858 FALLING WATERS LN-
2056Square Feet
3Beds
3Baths
39Days on Market
Sold For $275,000Listed on Dec 5, 2025
Property
2901 FALLING WATERS LN-
1895Square Feet
3Beds
3Baths
38Days on Market
Sold For $290,000Listed on Nov 25, 2024
Property
2877 - 2877 FALLING WATERS LN-
1891Square Feet
2Beds
3Baths
47Days on Market
Sold For $285,500Listed on Jul 22, 2025
Property
2874 - 2874 FALLING WATERS LN UNIT 2874-
1718Square Feet
3Beds
3Baths
27Days on Market
Sold For $293,000Listed on Mar 4, 2026
Listing

2858 FALLING WATERS LN

-

Sold for $275,000

3 Beds    3 Bath    2056 sqft

Sold on Dec 5, 2025|39 days on market

Listing

2901 FALLING WATERS LN

-

Sold for $290,000

3 Beds    3 Bath    1895 sqft

Sold on Nov 25, 2024|38 days on market

Falling Waters Amenities

Exercise Room
Exercise Room
Health Club
Health Club
Pool
Pool
In Ground Pool
In Ground Pool
Private Inground Pool
Private Inground Pool
Indoor Pool
Indoor Pool
Security Door Lock(s)
Security Door Lock(s)
Tennis Court(s)
Tennis Court(s)
Sundeck
Sundeck
Patio
Patio
Spa/Hot Tub
Spa/Hot Tub
Sauna
Sauna
Clubhouse
Clubhouse
Bike Room/Bike Trails
Bike Room/Bike Trails
Party Room
Party Room
Storage
Storage
Balcony
Balcony
Exercise Room
Exercise Room
Health Club
Health Club
Pool
Pool
In Ground Pool
In Ground Pool
Private Inground Pool
Private Inground Pool

Amenities

Exercise Room
Exercise Room
Health Club
Health Club
Pool
Pool
In Ground Pool
In Ground Pool
Private Inground Pool
Private Inground Pool
Indoor Pool
Indoor Pool
Security Door Lock(s)
Security Door Lock(s)
Tennis Court(s)
Tennis Court(s)
Sundeck
Sundeck
Patio
Patio
Spa/Hot Tub
Spa/Hot Tub
Sauna
Sauna
Clubhouse
Clubhouse
Bike Room/Bike Trails
Bike Room/Bike Trails
Party Room
Party Room
Storage
Storage
Balcony
Balcony

Falling Waters Policies

Pets allowed
Check
Pets allowed
BBQ allowed
BBQ not allowed
Sublet allowed
Sublet not allowed
Short term rental not allowed
Short term rental not allowed

The Neighborhood:

Frequently Asked Questions About Falling Waters

How many buildings are there in Falling Waters?

Falling Waters has 415 buildings in total: 0 with more than 5 units, 101 with 2 to 5 units, and 314 with single unit properties.

How much does property typically cost in Falling Waters?

In Falling Waters, the average sales price is $241,385, and the average listed price is $242,106.

What amenities can I expect in buildings in Falling Waters?

Buildings in Falling Waters include amenities like Park, Bike Room/Bike Trails, Exercise Room, Trail(s), Private Inground Pool, Patio, Tennis Court(s), In Ground Pool, School Bus, Sauna, Sundeck, Indoor Pool, Party Room, Clubhouse, Pool, Health Club, Spa/Hot Tub, Intercom.

What is the average HOA fee in buildings in Falling Waters?

The average HOA fee in Falling Waters is $6 per square foot.

What is the parking situation like in Falling Waters buildings?

Parking features in Falling Waters include Visitor Parking.
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  1. Home
  2. /Lake Villa, IL
  3. /Falling Waters
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