CLOSED $7,700,000

Welcome Robert and Linda Lanphier

Mr. Robert C. Lanphier, IV, also known as Rob, is a Partner and Portfolio Manager at William Blair Investment Management, LLC. Mr. Lanphier is a Partner, Principal, and Portfolio Manager of William Blair & Company, L.L.C. He serves as Portfolio Manager of Northwestern Mutual Series Fund, Inc. - Mid Cap Growth Stock Portfolio. He serves as Partner and Portfolio Manager of Vanguard Whitehall Funds - Vanguard Mid-Cap Growth Fund. He serves as Senior Vice President, Principal, Partner and Portfolio Manager of various funds in William Blair fund complex. He began with the William Blair & Company, L.L.C. in December 1987 as an Associate in the institutional sales department. In January 1996, Mr. Lanphier joined the investment management department as a Portfolio Manager. He is a member of the investment management department’s small-mid and mid cap growth teams. Mr. Lanphier also serves as a Principal and Portfolio Manager at William Blair & Company, L.L.C., Asset Management Arm. He served as Partner and Portfolio Manager of Principal Funds, Inc. - MidCap Growth Fund III. Previously, he was employed at Emerson Electric Corporation in a variety of corporate planning and international consulting activities from 1982 to 1987. Mr. Lanphier has extensive experience in the industrials sector and leads industrials sector research team. He earned an M.B.A. from Northwestern University Kellogg Graduate School of Management and a B.S. from Purdue University.

Photo by Coldwell Banker

A mansion on Winnetka's lakefront sold last week for $6.65 million, the highest price paid in the North Shore suburb in three years.

The 17-room Hoyt Lane home sold Aug. 26, according to sale information provided to Midwest Real Estate Data by listing agent Maryann Burke at Coldwell Banker. 

Burke represented sellers Robert and Linda Lanphier, who told Crain's in March that their asking price of $6.85 million was "absolutely" less than they had spent to buy and renovate the property. 

The property went under contract in less than six weeks, although the sale didn't close until last week.

The last time a house in Winnetka changed hands at a higher price was July 2013, when a buyer paid $12.7 million for a new 17-room mansion on Sheridan Road. (In October 2015, a transaction within the Crown family as valued at $28 million.) 

Jena Radnay, the @properties agent who represented the buyers, said the home's "beach is out of this world" and that the caliber of the Lanphiers' renovations "made it a turnkey place where you can walk right in and do nothing to it."

Radnay declined to identify her clients, who are not yet identified in public records. 

In March, Robert Lanphier said that the way the beach lies, it collects an unusual amount of sand, creating a wide, shallow cove. Nearly every room in the house has a view of Lake Michigan, Burke said. 

Six Winnetka properties are listed for more than the Lanphiers' home sold for, including one next door for which Radnay is the listing agent. 

That home has lakefront terraces but no tableland, or plateau, facing the water. Owners Bob Sherman, former CEO of mattress maker Serta, and Barbara Bradford, also a former Serta executive, listed the home in February for $7.25 million and in July cut the asking price to just under $7 million.