Posts

Delavan Lake Sales Summary for 2025

Image
A shortage of homes available was again the theme for Delavan Lake property sales in 2025. There were only four lakefront properties sold in the last year compared to nine in 2024. For lake access properties, there were a total of 33 sold in 2025 and 42 sold in 2024. Sale prices last year ranged from $142,500 for a tiny three-bedroom off of the South Shore to $3,600,000 for a five-bedroom on 157 feet of prime South Shore frontage. Currently there are only three lakefront homes for sale on Delavan Lake. Last year, there were only two at this time of the year. Prices for lakefront properties start at $750,000 for a small three-bedroom on 40 feet of frontage at the west end of the lake and graduate up to $3,350,000 for a four bedroom on 138 feet of frontage on the North Shore. The third lakefront is a four-bedroom on South Shore, in need of repair, listed for $2,100,000. Lake access condos were also down year over year with 34 sold in 2024 and 30 sold in 2025. Prices ranged fro...
Post a Comment
Read more

Delavan Lake, WI Real Estate 1st Half Update

Image
  Tight inventories are continuing to restrain sales of properties on  Delavan Lake, Wisconsin  this year.   For the first six months, we saw only three lakefront homes sold and 23 lake access homes sold.   This compares to three lakefronts last year and 28 lake access homes sold during the same time frame. Prices ranged from $90,000 for a two –bedroom teardown off of South Shore drive to $2,075,000 for a true lakefront with 50 feet of frontage on Manor Lane. 2602 Manor Lane sold for $2,075,000 in the first half of 2025 Condo sales picked up from last year with 17 units sold in 2025 compared to 11 for the first six months of 2024.   Prices ranged from $30,000 for a one-bedroom condo hotel room in the Lake Lawn Resort to $415,000 for a two-bedroom in the Geneva Landings complex which is located on the Outlet of Delavan Lake. Currently, there are 16 condos available with lake access on Delavan, which is up from 13 that were available in 2024.   This ...
Post a Comment
Read more

Delavan Lake 2024 Real Estate Summary

Image
      Limited inventory was the key theme in Delavan Lake Property sales for 2024.  Excluding the new condominiums at the Lake Lawn Resort, there were 42 lake access homes sold in 2024 with nine of them having private lake frontage.  This compares to 55 lake access homes sold in 2023 and 10 lakefront properties.      The lake access homes had a starting price of $70,000 for  a heavily damaged two-story in the Delavan Highlands and increased to $1,175,000 for a well-maintained four-bedroom with a shared pier off of Robbins Road on the south side of the lake.      Lakefront sales started at $832,500 for a four-bedroom walk-out ranch on Blue Heron Drive (Delavan Outlet), and progressed to $4,400,000 for a magnificent $10,000 square foot home on 200 feet of South Shore frontage.  This was the most expensive single family home sold on Delavan Lake. 2140 Blue Heron Drive sold for $832,500 in 2024 3307 South Shore was the most ex...
Post a Comment
Read more

Delavan Lake, WI 3Q Update

Image
  Real estate sales around Delavan Lake were higher for the first three quarters of 2024 compared to last year.   For the first nine months of the year there were 44 lake access homes sold compared to 33 in 2023. The increase was entirely due to sales of new construction homes in the Lake Lawn Harbor Club development.   There were only six lakefront properties sold this year compared to eight last year. In the condo market, there were 15 lake access condos sold year-to-date compared to 22 last year. Prices of lake access homes ranged from $70,000 for a tear-down in the Delmar Subdivision to $1,348,480 for a four-bedroom new construction in the Lake Lawn Harbor Club.   Lakefront homes sale prices started at $832,500 for a four-bedroom on the Delavan Outlet and rose to $2,039,725 for a five-bedroom Colonial on 60 feet of North Shore frontage. 2140 Blue Heron Drive recently sold for $832,500 Currently there are 17 lake access homes listed for sale with seven being in ...
Post a Comment
Read more

Delavan Lake, Wisconsin 2024 Real Estate Update

Image
  Delavan Lake, Wisconsin property sales continue to be consistent with well-priced homes selling quickly and inventory of both Lakefront and Lake Access Homes in short supply. For the first six months of 2024, there were three lakefront homes sold and 28 homes with lake access  sold.   The lake access homes were bolstered by sales of the new Lake Lawn Harbor Club development which saw prices range from $822,192 to $1,249,234.   These units share access to the water, but do not have a dedicated boat slip.   The three homes with a dedicated boat slip and their own private frontage sold at prices that ranged from $920,000 to $1,525,000. Recent Delavan Lake Condo sale at 2159 Landings Lane. During the first half of the year, there were 11 condos sold with lake access.   Of these sales, three were condo/hotel rooms that cannot be lived in full time.   Those sales ranged from $59,900 to $175,000.   The standard full-time condos ranged from $210,000...
Post a Comment
Read more

Delavan Lake, WI 2023 Real Estate Summary

Image
  Delavan Lake Property sales held steady in 2023 as inventory remained limited for all home types. For 2023, there were 55 lake access homes sold with 12 of them being lakefront properties.   This compares to 55 lake access homes also being sold in 2022 with 10 of those having private frontage. The lake access homes ranged from $73,000 for a three-bedroom cottage that was in the middle of an extensive remodeling project, to $448,000 for a five-bedroom walk-out ranch in the Highlands Subdivision on the west end of the lake. The least expensive lakefront home sold for $565,000 for a small two-bedroom in the Ravenswood Subdivision while the highest priced sale was $4,125,000 for a furnished five-bedroom two-story on 76 feet of South Shore waterfront.   We also saw the first Lake Lawn Harbor Club sale in 2023 as the newly constructed five-bedroom brought in $1,126,811. 2023 saw the first sale of a Lake Lawn Harbor Club unit. Currently, there are only 12 lake access hom...
Post a Comment
Read more

Delavan Lake First Half 2023 Real Estate Update

Image
      Sales of Delavan Lake properties remained constrained for the first half of 2023.    The lack of inventory was the main culprit along with home owners reaching for excessively high valuations.      For the first half of the year, we saw three lakefronts sold compared to only one last year.    Interestingly enough, the value of the one sold last year exceeded the total sales price of the three sold this year.      Lake access sales were equal with 19 homes being sold this year and 19 being sold last year as well.    The price range for lake access homes sold this year started at $124,000 for a small cottage in the Delmar subdivision and increased to $460,000 for a three bedroom ranch in the Ravenswood subdivision at the west end of the lake.    The home in Ravenswood originally listed for $545,000.      Lake Access Condo sales slowed to 13 in 2023 compared to 20 in 2022.   ...
Post a Comment
Read more