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.
Listed By
Agency Name: Adams Auction & Real Estate Services Inc.
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimated Payment
$ 460.78 per month $111.28 Principal & Interest $334.92 Property Tax $14.58 Homeowner's Insurance
15 Oak Tree Lane | MLS# 26010033
This single family home located at 15 Oak Tree Lane , Pana, IL 62557 is currently listed for sale with an asking price of $50,000. This property was built in 1976 and has 2 bedrooms and 1 full baths with 915 sq. ft. Oak Tree Lane is located in the Pana Lake subdivision within the PANA DIST 8 school district. Search Pana Lake real estate on www.trophypa.com today.