Lakeside Estates in Palatine - Semi Custom Homes Most of the land space in Palatine was developed a long time ago and so there are not many new homes available to buy. You will be able to find some pockets of properties that are new homes built where old smaller homes were torn down. Palatine offers many homes that are less than 20 years old and with good maintenance can be a good choice. A small subdivision of semi custom luxury homes that fits this category is Lakeside Estates in Palatine. Located just south of Dundee Road off Quentin Road, Lakeside Estates has homes built between 1992 and 2000. Sizes range from 3000 square feet to just over 4000 square feet. Homes are 4 or 5 bedroom with 2 and a half baths up to 4 and a half. Many now have finished basements. Styles are Colonial, Geo... 11/27/2010