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$10,000 Flex Cash on Inventory Townhomes at Highland Terrace in Wauconda

10 minutes ago
5 min read

Limited-time incentive on newly completed and near-complete homes — walkable to Bangs Lake and downtown Wauconda.


Highland Terrace townhomes in Wauconda IL

There is a particular kind of homebuyer who wants new construction without the wait — and a location that actually feels like a place. Highland Terrace was built for that buyer. Now North Mark Homes is making the move even easier.


For a limited time, buyers who purchase a current inventory townhome at Highland Terrace in Wauconda receive $10,000 in Flex Cash. Use it the way it helps you most: toward the purchase price, towards closing costs, or toward buying down your interest rate. The homes are real, the finishes are already in, and downtown Wauconda and Bangs Lake are a short walk from the front door.


flex cash special offer

How $10,000 Flex Cash Works

Flex Cash is not a one-size incentive. It is designed to follow your priorities at closing.

  • Apply it toward the purchase price to lower what you finance.

  • Use it to buy down your interest rate and reduce the monthly payment.

  • Direct it toward closing costs if that is the piece that makes the numbers work.


However you apply it, the goal is the same: more flexibility on a home that is already built — or nearly finished — in one of Lake County’s most walkable new-home settings.

Offer is for a limited time, cannot be combined with other promotions, and is not available on prior contracts. See a North Mark Homes sales associate for full details.


kitchen of Reef ranch plan
Several Homes are at or near completion.

Inventory Homes Ready Sooner

Several new townhomes at Highland Terrace are at or near completion, including homes in a newly finished building. That means you can tour actual residences, not just a model and a floor plan, and plan a move without waiting through a full construction cycle.


The Sea Grass Plan (410) at 255 D Regency Court is a 1,786-square-foot, three-story townhome with 2 bedrooms, 2.5 baths, a 2-car garage, dining room, living room, and a finished lower-level family room. An optional third bedroom is available.


The Reef Plan (420) is now available in a newly completed building at 275 C Regency Court, with multiple homes in that building. This is North Mark Homes’ ranch-style townhome: 1,576 square feet of true single-level living on the main floor, 2 to 3 bedrooms, 2 to 3 baths, a 2-car garage, open living room and dinette, and a finished lower-level family room. Daily living stays on one floor. Extra space lives downstairs — home office, media room, gym, or guest suite.


These inventory homes are the ones eligible for the $10,000 Flex Cash promotion. Availability changes as homes go under contract, so the best next step is to tour while the current building is open.


Bangs lake in Wauconda
The lake and downtown Wauconda are within walking distance to the community.

Live Where Everything Is Steps Away

Highland Terrace sits off Regency Court in the heart of Wauconda — a quiet Lake County village on the northwest side of Chicago, wrapped around 306-acre Bangs Lake. Historic storefronts and tree-lined streets still set the tone downtown. The difference at Highland Terrace is how close that life actually is.


From the community you can walk to Bangs Lake for boating, fishing, swimming, and paddleboarding. Cook Park and Phil’s Beach put playgrounds, a splash pad, an accessible fishing pier, and a non-motorized launch within easy reach. Downtown Wauconda is the everyday version of lake-town living: coffee at Honey Hill, pizza at SLYCE, lake views and a meal at Lindy’s Landing or Docks, wine at Bliss, live music at Main Street Outfitters, and independent shops along Main Street.


That walkability is the point. You are not buying a townhome and then driving to the lifestyle. The lake, the parks, the restaurants, and the Saturday errands are part of the same neighborhood.


game room
Lower level family room can be a game / rec room or a second family room.

Four Plans, One Maintenance-Free Address

Highland Terrace offers four updated floor plans ranging from 1,576 to 1,786 square feet, with 2 to 3 bedrooms and 2 to 3 baths. Prices start from the $300s. Every plan includes a 2-car garage and a finished lower-level family room, plus the kind of standard inclusions many builders treat as upgrades — quartz counters, upgraded cabinetry, and durable plank flooring among them — with a full menu of options for kitchens, primary suites, and smart-home features.

  • The Sea Grass (410) — 1,786 sq. ft., 2 bedrooms + optional 3rd, 2.5 baths, three-story. From $362,900.

  • The Coastal (415) — 1,786 sq. ft., 3 bedrooms, 2.5 baths, three-story, with an alternate kitchen layout. From $372,900.

  • The Reef (420) — 1,576 sq. ft., ranch-style single-level living plus finished lower level, 2–3 bedrooms, 2–3 baths. From $384,900.

  • The Coral (405) — 1,585 sq. ft., single-level living plus finished lower level, 2–3 bedrooms, 2–3 baths. From $398,900.


home office
Lower level bonus area can be a home office or extra bedroom.

The mix is intentional. Right-sizers and empty-nesters gravitate to The Reef and The Coral because the main living level has no stairs between the living room, kitchen, bedrooms, and baths. Buyers who want more vertical space and a third bedroom upstairs look at The Sea Grass and The Coastal. All of them share the same address: low-maintenance living, no yard work, no snow shoveling, and Wauconda Community Unit School District 118.


A Builder Who Finished What the Town Needed

Highland Terrace has a longer story than most new communities. Infrastructure and the first buildings went in two decades ago, then the project stalled. North Mark Homes restarted it — completing a neighborhood that sits in one of Wauconda’s best locations rather than starting from a raw field on the edge of town. That is why the sidewalks already connect to the lake and Main Street. The setting was always there. The homes are finally catching up.


For more than 40 years, North Mark Homes has built for the way people actually live: functional plans, durable finishes, and a buying process that leaves room to personalize. Highland Terrace is that approach in townhome form.


family room design

Tour While Inventory and Flex Cash Are Available

The model is open at Regency Court in Wauconda. Come see the inventory homes in person, walk the short route toward Bangs Lake, and sit down with the team to apply the $10,000 Flex Cash the way it helps your purchase most.


Model hours: Wednesday–Friday 1–4 p.m. | Saturday & Sunday 12–5 p.m. | or by appointment

Phone: (224) 238-3118

Location: Regency Court, Wauconda, IL.

Online: NorthMarkHomes.com — Highland Terrace community page, floor plans, site plan, and video tour


A new townhome, a walkable lake town, and $10,000 you can put where it counts. That combination does not stay on the board for long.


$10,000 Flex Cash is available for a limited time on newly completed inventory townhomes at Highland Terrace. Flex Cash may be applied toward the purchase price, an interest-rate buydown, or closing costs. Not to be combined with any other offer. Not applicable to prior contracts. Prices, availability, plans, and incentives are subject to change without notice. See a North Mark Homes sales associate for complete terms.

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