Raccoon Update!! Thanks to the assistance of a very brave and animal loving friend, we looked into the attic. It doesn't look like anything has been in there. Whew! This means the raccoon is only in the walls and under the roof of the turret over my front door. That's the good news.
We took the plumbing access panel into the bathroom wall off (the bathroom is in the upstairs of the turret) and looked in - couldn't see much, but didn't see any damage or signs of raccoon. This means the raccoon is likely in the roof of the turret or the walls around the bathroom where we couldn't see from the access panel. That is totally consistent with the hole that the raccoon made in the outside of the house.
Still haven't heard any noises that sound like babies, but now I know where to listen and if we need to get babies out, we'll have to cut a hole in the wall....or maybe a cupboard in the bathroom. Hoping that isn't necessary. All in all I am very glad we checked on these things today