O'Neil Property Group
Silverstone Lake is Carpentersville’s main attached-home community — Centex-built townhomes and condos from the early 2000s wrapped around a lake, pool, clubhouse, and tennis courts at the village’s northeast corner near Algonquin.
Silverstone Lake went up between 2002 and 2006 at the northeast corner of Carpentersville, east of Route 25 near the Algonquin border — streets like Silverstone Drive, Cobblestone Drive, Flagstone Lane, and Slate Drive. Built by Centex, it is the youngest large community in the village and its primary attached-home market, combining two-story townhomes with condominium flats around the namesake lake. (Some listings render the name as “Silverstone Lakes” — same community.)
The product range is wide for an attached community: condo flats from roughly 885 to 1,550 square feet and townhome plans from about 1,076 to 1,533 square feet, spanning one to three bedrooms. Amenities are the calling card — the lake with water views from many units, an outdoor pool, a clubhouse with party room, tennis courts, a park, and walking paths. Association fees run roughly $128 to $330 per month depending on section and product type, generally covering exterior maintenance, lawn, snow, and the amenity package.
Recent sales run from about $195,000 to $336,000 — condos anchoring the lower half, larger townhomes the upper — and the village’s condo segment appreciated about 5.6% over the past year, ahead of its single-family rate. Demand comes from every direction: first-time buyers, downsizers leaving larger Fox Valley homes, commuters using the Route 25/I-90 corridor, and investors. Comparable 2000s-built attached homes in Algonquin routinely price higher, which keeps cross-border buyers landing here.
Pricing reflects Silverstone Lake sales and active listings as of mid-2026.
One- and two-bedroom flats from about 885 square feet — the community’s entry tier and one of the most affordable ways to buy 2000s construction anywhere in the Fox Valley. Warrantability and fee coverage vary by section; we verify both early.
See listings →The core market: two-story Centex townhomes with attached garages and in-unit laundry. Updated units at this tier draw the heaviest traffic and regularly go pending inside two weeks.
See listings →Three-bedroom plans to about 1,533 square feet, end units, and lake-view positions top the community — recent closings have reached $336K, with current listings pushing toward $340K.
See listings →Subdivision-level MLS feeds for Silverstone Lake are being configured. Until then, browse every active Carpentersville listing — we can flag the Silverstone Lake homes the moment they hit the market.
The association package centers on the outdoor pool, clubhouse with party room, and tennis courts — resort-style amenities at a price point where most Fox Valley alternatives offer none.
Walking paths circle Silverstone Lake, and many units carry water views — a setting premium that shows up clearly in resale values for the best-positioned townhomes.
The community sits minutes from Algonquin’s Randall Road corridor and Route 62 retail — groceries, dining, and big-box shopping without crossing town.
Route 25 runs straight south to I-90 in about ten minutes, and Algonquin Road connects east toward Barrington — a practical base for tollway and northwest-suburb commuters.
Silverstone Lake is served by Community Unit School District 300. MLS-fed sources list varying elementary assignments for the community (Algonquin Lakes, Golfview, or Meadowdale) and either Algonquin Middle or Carpentersville Middle School — verify current attendance boundaries with the district for any specific address.
Sources list Algonquin Lakes, Golfview, or Meadowdale Elementary depending on address and year — confirm the current assignment with District 300 before you offer.
Algonquin Middle School or Carpentersville Middle School per MLS-fed sources — verify with the district.
At 1500 Kings Road in Carpentersville, serving roughly 2,500 students.
Silverstone Lake occupies the village’s northeast corner — Algonquin’s retail is minutes north, Morningside and the Bonnie Dundee golf course sit just south, and the Fox River corridor is about ten minutes west.
Route 25 south delivers I-90 in roughly ten minutes; Route 62 runs east toward Barrington and the northwest suburbs. The Big Timber Road Metra station in Elgin is about 9 miles for Milwaukee District West service.
Groceries and services split between Route 25 and Algonquin’s corridors, with the full Randall Road run about ten minutes away. Advocate Sherman and Northwestern Huntley hospitals are both within 20 minutes.
We track every Silverstone Lake listing and sale, and we know what drives value on these streets. Get real answers about pricing, fees, and what’s coming to market.