Active MLS# 26010033 0 Days on Market

15 Oak Tree Lane, Pana, IL 62557

Subdivision: Pana Lake

Upcoming OpenHouses:

Mar 8th, 12:00 PM to 2:00 PM

List Price: $50,000

2

Bedrooms

1

Baths

915

Area (sq.ft)

$N/A

Cost/sq.ft

1 Story

Type

Description

Price listed is Starting Bid Only. Bidding starts closing 3/11/2026 @ 5 p.m. Tucked along the peaceful shoreline of Lake Pana in Pana, Illinois, this charming two bedroom, one bath retreat offers the very best of relaxed lakeside living. With its own private boat dock, the home provides access to Lake Pana, making it effortless to enjoy boating, water sports, swimming, and fishing right outside your door. From morning coffee overlooking the water to sunset cruises, every day feels like a getaway. A welcoming wrap around porch leads into a screened in sunroom with sweeping lake views, an ideal setting for breezy summer evenings, weekend gatherings, and effortless BBQ entertaining. Inside, the home is bright, comfortable, and thoughtfully arranged for both everyday living and vacation stays. The recently updated kitchen includes all appliances, a prep counter with storage and seating room for those quick meals on the go, and a cozy dining nook perfect for casual meals after a day on the water. The spacious living room features an electric fireplace as its focal point and includes a flat screen TV with internet available for uninterrupted streaming. Both bedrooms are generously sized and equipped with dedicated baseboard heat and A/C wall units, offering year round comfort. A well appointed full bathroom sits just steps away. The home is fully electric and connected to public water and sewer. Outside, a detached two car garage provides ample space for vehicles, lake toys, and storage. A new metal roof installed in 2021 adds peace of mind. The land is not included in the sale as the land the home sits on is part of a 99 year land lease with an annual lot fee of $350, while the current owner of the home pays their portion of the property taxes for the lot. Whether you are seeking full time lake living, or the perfect weekend escape, this fully furnished and well maintained home invites you to simply bring your sunscreen and start enjoying life on Lake Pana. *Home is being sold fully furnished* Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.

Property Information

List Price $ 50,000
Original Price $ 50,000
Status Active
MLS# 26010033
Bedrooms 2
Full baths 1
Half baths 0
Main Floor Full Baths 1
Sq. Ft. Above 915
Lot Size 0
Acres 7
Subdivision Pana Lake
Municipality
School District PANA DIST 8
County Christian
Property Type Residential
Style 1 Story
Style Description
Transaction Type
Special Conditions Auction,Listing As Is
Type
Building Exterior Amenities Common Ground,Lake,Other
Building Style Other
Ownership Private
Special Description Auction,Listing As Is
Appliances Some
Miscellaneous
Disclosures Other
Age 0
Sewer Main Size Public Sewer
Water Main Size Public
Conditions Other

Additional Information

Elementary School PANA DIST 8
Jr. High School PANA DIST 8
Sr. High School Pana
Association Fee $350 /Annually
Architecture Other
Construction Other
Garage Spaces 2
Carport Spaces 0
Basement Description None
Fireplace Type Electric
Fireplace Location
Lot Dimensions
Special Areas
Cooling Wall Unit(s)
Sewer Public Sewer Sewer
Heating Baseboard,Electric
Water Public
Heat Source
Kitchen
Appliances
Dining
Interior Decor Eat-in Kitchen,Kitchen Island,Kitchen/Dining Room Combo,Pantry,See Remarks
Property Tax $4,019

Map Location

Listing Courtesy of Adams Auction & Real Estate Services Inc. - [email protected]