If you are looking for an elegant multi-generational home, this South Barrington home is IT! There's a bedroom and full bath on the main floor, the primary suite and 3 other ensuite bedrooms on the 2nd floor, plus an extraordinary lower level studio apartment suite that has its own full kitchen, washer and dryer, full bath, and living space for a bedroom, sitting area, and eating space. A private entrance from a back patio, or through the stairs from the 4-car garage, and a door separating the suite from the rest of the basement, offers plenty of privacy. Plus, the spacious walk-out lower level has a 2nd family room area with fireplace, wet bar, recreation room spaces, full bath plus separate steam room and sauna. The home is situated on a huge 2-acre corner lot that backs up to lovely lake for fishing or kayaking. Enjoy relaxing by the beautifully designed water garden with fountain and waterfall, surrounded by gorgeous perennial foliage. The 2-story family room's wall of windows brings in natural light and showcases striking outdoor views. The home features beautiful inlay wooden floors, library with built-in shelves and beamed ceiling, 3 fireplaces, and a gourmet kitchen with island, breakfast bar seating, table space, granite countertops, and high-end appliances, including Sub-Zero frig/freezer and Thermador 6-burner range, built in ovens and microwave. There's also a large bonus room upstairs for additional office space, or for TV, gaming, homework, or arts and crafts. The home is ideal for entertaining, with family room wet-bar, formal living room and dining room, 3-season screened porch, deck, outdoor patio, and, of course, the walk-out lower- level bar and enough space to accommodate large groups. The home is equipped with solar panels and 400-amp service. Belonging to sought-after District 220 Barrington schools, having fantastic South Barrington and Village of Barrington shopping and entertainment, plus convenient access to Metra train and nearby expressways makes this a unique combination of a family-friendly and entertainment home to create many happy memories!