Wednesday, November 21, 2012

Vacant Lake Lots Snatched Up

     Over the last year there had been no vacant lots sold on Delavan Lake.
     Over the last two years there had been no vacant lots sold on Delavan Lake.
     Over the last three years there had been no vacant lots sold on Delavan Lake.

     You get the picture.

     This was true until two parcels, each with 100 feet of lakefront just recently sold.
     And the price for each, $600,000.

     You would think that would then set the value for 100 feet of lakefront on Delavan, however, there is more to the story.

     The first lot, located at 1713 South Shore, had 100 feet of frontage, about an acre of land, but was next to the Village Supper Club.  Not that there is anything wrong with the Village Supper Club.  Quite the opposite, they have great food and a killer fish fry.  But, in general, people don't want to build a million dollar house next to a supper club. This had an effect of reducing the value by 25 percent or $200,000.

     The second lot, located at 3117 South Shore, also had 100 feet of frontage, three acres of land, but had an easement from the sanitary district along the east side of the property.  The easement included access for the district to come down the driveway, a lift station and a pumping station.  All these blemishes also created a discount.  This time in the range of 30 percent or $300,000.
View from 3117 South Shore Drive


     So with four vacant lots still available on Delavan Lake, what is the value for a 100 foot lot?  Based on recent sales a 100 foot lot with one acre of land has a current value of $800,000.  Additional land will add additional value; location and slope of the frontage will take away value.
     It is nice to see, however, new construction taking place around the lake.  Along with these two lots, we have also seen two homes torn down on the south shore this year and rebuilt as modern lakefront estates.

Thursday, October 18, 2012

Delavan Lake 3rd Quarter Update

Delavan Lake property sales picked up remarkably in the third quarter.  There were just as many sales in the third quarter as there were in the first and second quarters combined.  Total sales for lake homes is now ahead of last year’s total.

HOME SALES
For the first nine months there were 12 lakefront properties sold and 23 lake access properties sold.  Last year at this time there were 14 lakefronts sold and only 19 lake access properties sold.  The lake access properties ranged from a $32,101 two-bedroom foreclosure to a $480,000 three-bedroom custom built home in the Viewcrest Subdivision.  The lakefronts ranged from a $311,000 foreclosure on the North Shore to a $1,300,000 four-bedroom estate with 150 feet of frontage, also on the North Shore.

CONDO SALES
There have been 11 Delavan Lake condo sales this year compared to 10 last year.  Sales ranged from a $30,000 condo/hotel unit to a $300,000 three-bedroom, three-bath unit in the Delavan Gardens that included a boat slip and an attached garage.

CURRENT MARKET HOMES
There are 89 single family homes on the market with lakefront or lake access on Delavan Lake.  This is down from 94 last year.  The lake access properties start at $79,900 for a four-bedroom in the Highlands Subdivision and increase to $375,000 for a four-bedroom with a boat slip in Viewcrest Association.  Lakefront homes on the main body start at $289,911 for a one-bedroom just off of Brown’s Channel and increase to $1,999,900 for a six-bedroom home with 132 feet of frontage on North Shore.  

CURRENT MARKET CONDOS
In the condo arena there are 48 units for sale, which is down from 54 last year.  The properties range from a $33,000 foreclosed one-bedroom condo/hotel to $279,000 for a one-bedroom suite at Lake Lawn Resort.  21 of the condos available are foreclosures.

BEST VALUE CONDO
The best value for a condo on Delavan is located at 2232 Landings Lane.  Listed at $184,000, this remodeled one-bedroom home has granite counters, gas fireplace, deck, pier, boat launch, swimming pool, and club house.  In addition, there is a detached one-car garage.
Beautifully remodeled 2232 Landings Lane.
Enjoy the lake views from deck off great room.

BEST VALUE LAKEFRONT
The best value for a Delavan lakefront is located at 2210 Fleming Drive.  Listed at only $524,900, this is a rare opportunity to purchase a three-bedroom lakefront with attached two-car garage and 50 feet of prime lakefront for less than $600,000.  The home is completely renovated with wood floors, granite counters, stainless steel appliances, master suite, and its own private beach.
2210 Fleming Drive featuring large lakefront patio.
Private beach area at lakefront of 2210 Fleming Drive

Saturday, September 8, 2012

Delavan Lake Breaks the $600,000 Barrier

     If you want a nice lakefront property on Delavan Lake, even with minimal frontage, it will cost you at least $600,000.  Or at least that is the way it used to be.
     This week, a completely renovated three-bedroom, two-bath lakefront on 47 feet of meandering frontage came on the market for a mere $559,000.
     The property, located at 2210 Fleming Drive, was purchased by a builder, out of foreclosure earlier this year and has been transformed into a stellar lakefront deal.  Sitting on prime North Shore frontage, this completely renovated home features wood floors throughout, a large brick lakeside patio and great yard space for volley ball, football or lounging around.

     The combination dining and great room feature cathedral ceilings and water views along with sliding patio doors to the waterfront. The open concept kitchen contains a breakfast bar, granite counters, stainless steel Whirlpool appliances, high-end cabinetry and a bright sunny exposure. 

     In the master suite you will find wood floors and a private bath with a large two-person tile shower.  All tastefully decorated and ready to move in and enjoy.
     The back bedroom boasts built-in-bunks and a bunk loft to comfortably sleep six.  Nautical and nice is the theme throughout.
     Down at the water is a private beach and pier for frolicking in the surf.  At the road side is an attached two-and-a-half car garage for storage, toys and parking.

Monday, September 3, 2012

Delavan Lakefront Sellers Resort to Discounts

     The Delavan lakefront real estate market has been as tough this year as the drought and heat have been on the local corn crop.  After a strong 2011, the activity on Delavan Lake has shriveled up like the fields in the August heat averaging only one sale per month.  This is half the rate of sales Delavan Lake saw the previous year.
     Just this week, Delavan saw the first sale in September.  The real estate bargain was a heavily discounted lakefront with 150 feet of prime South Shore real estate.  Owned by the Stephens family of Rosemont, Illinois, this lakefront estate featured three homes and a gated entrance off of South Shore Drive.

     Originally listed for $2,999,900 in 2009, the home succumbed to the lack of buyers and was snatched up for a mere $975,000.  The property consisted of a five-bedroom main house built closest to the water, a three-bedroom guest house and a three-bedroom gate house next to the road.  All structures were well maintained and in good condition.
     Serious sellers will surely be adjusting their prices if they want to move their properties before the snow flies.
    

Monday, July 30, 2012

One Bedroom Waterfront Wonders

        An inexpensive way to experience and familiarize yourself with Delavan Lake is to start with a waterfront condominium.  No grass to mow, no snow to shovel, someone watching over the property, and maintenance is included.  Let’s not forget the swimming pool and club house you can enjoy.

     Right now, there are a number of one bedroom waterfront units available on Delavan Lake.  The two largest condominium associations, Delavan Club and Geneva Landings, offer the greatest number of amenities and convenience.
Delavan Club pool and clubhouse area

     One bedroom units in the Delavan Club start at only $176,000 and include a boat launch, pier system, swimming pool, club house, tennis court, basketball court and exercise room.

     Units currently for sale include 1489 Delavan Club listed for $176,000 and 1401 Delavan Club for $179,000.  Both units walk directly out to the water from the first floor and have been recently updated.
1401 Delavan Club living room area
1489 Delavan Club gas fireplace and walkout.

     Next to the Delavan Club is Geneva Landings; an aesthetically pleasing development with boat slips, boat launch, swimming pool and club house.
One of the Geneva Landings lakefront buildings.

     One bedroom units in Geneva Landings include 2157 Landings Lane listed for $179,400, 2202 Landings Lane listed for $182,000, and 2232 Landings Land listed for $189,000.  All three units look directly on the water and have a lakefront balcony to enjoy the lake life.
2202 Landings Lane living room.
2232 Landings Lane great room.
2157 Landings Lane walk out to lakefront balcony.

Friday, July 13, 2012

Delavan Lake 1st Half Summary - 2012

     Sales of Delavan lakefront properties are down significantly for the first half of the year while lake access and condos are showing gains.  After near record sales in 2011, enthusiasm for the lakefronts has wilted in the summer heat and many sellers appear ready to make a deal. 

HOME SALES
     For the first six months, there were six lakefront properties sold and 15 lake access property sold.  Last year at this time, there were ten lakefronts sold and nine lake access properties sold.  The lake access properties ranged from a $32,101 two-bedroom foreclosure to a $300,000 two-bedroom with vast lake views in the Viewcrest Subdivision.  The lakefronts ranged from a $311,000 three-bedroom foreclosure on the North Shore to a $1,300,000 four-bedroom, three-bath estate with 150 feet of frontage also on the North Shore.

CONDO SALES
     Delavan Lake condominium sales are doing better due to the movement of some foreclosures.  There have been eight sales this year compared to four last year.  Sales ranged from a $30,000 condo/hotel unit (half of all condo sales have been foreclosures) to a $300,000 three-bedroom, three-bath unit in the Delavan Gardens that included a boat slip and an attached two-car garage.

CURRENT MARKET HOMES
     There are 100 single family homes on the market with lakefront or lake access on Delavan Lake.  This is down from 109 last year.  The lake access properties start at $69,950 for a two-bedroom in Delmar Subdivision and increase to $529,000 for a custom three-bedroom, four bath home with lake views and a boat slip.  Lakefront homes on the main body start at $299,000 for a one-bedroom just off of Brown’s Channel to $1,999,900 for a six-bedroom home with 132 feet of frontage on North Shore.  This home has been on the market since 2008.

CURRENT MARKET CONDOS
     In the condo arena, there are 59 units for sale, which is up from 42 last year.  The properties range from a $34,900 one-bedroom condo/hotel to $319,000 for a three-bedroom with a pier, boat lift and boat launch in Delavan Gardens.  21 of the condos listed are foreclosures.

BEST VALUE CONDO
     The best value for a condo on Delavan is located at 1401 Delavan Club Drive.  Listed at $179,000, this remodeled one-bedroom home has new windows, granite counters, gas fireplace, pier, boat launch, swimming pool, and club house.  In addition, there is a detached one-car garage.
New kitchen and lake views from 1401 Delavan Club

BEST VALUE LAKEFRONT
     The best value for a Delavan lakefront is located at 1409 South Shore Drive.  This four-bedroom home, has 120 feet of level lakefront, private pier, lakefront deck and a three car garage.  Listed at $899,000, this home catches all the stunning sunsets and is assessed at nearly $200,000 above the asking price.
1409 South Shore Drive
Enjoy all the activity with this lakefront deck

Saturday, July 7, 2012

Delavan Lakefront Sales Wither in Heat

     After a decent start to the year, sales on Delavan Lake have shriveled up like the area corn in the heat of the summer.  There were four quick sales early in the year ranging from a $550,000 foreclosure to a $1.3 million dollar lakefront estate.  Since then, only two additional sales managed to close in the first half of the year.
     One of these recent sales was a $311,000 foreclosure located on 50 feet of frontage and the other a $571,250 tear down situated on 87 feet of South Shore frontage.  The only rapid activity in the area is the pace at which the 87 foot property was torn down.  It seemed as though the ink was still drying on the signatures when the bulldozers took charge of the property.
     Prices remain relatively firm regardless of the limited sales.  This is mainly due to the fact that many sellers took hefty price reductions early in the year.  One example is 1409 South Shore.  The property is assessed fro $1,087,500 but has been reduced to $899,000 making is some of the most affordable 120 feet of South Shore frontage currently available.

Wednesday, June 6, 2012

Delavan Lake June Price Reductions

     With the summer unofficially in full swing, home owners are now moving to reduce prices around Delavan Lake in order to attract potential buyers before the season slips away.  Many lake access properties have seen solid reductions making them an affordable get-away.
     On East Drive, off of South Shore, is a well-maintained two-bedroom with association rights that include a swimming pier, beach and boat launch.  Located at 4325 East Drive, the property has been reduced to $120,000 and is ready to move in the summer gear.
It's easy being green at 4325 East Drive

     Down the way, off of South Shore is 4214 Poplar Drive.  This three-bedroom, two-bath home features wood floors, gas fireplace, open concept and a large 2.5-car garage with screened patio.  Reduced to $175,900, this home belongs to the Highlands Association that sports one of the best beaches on Delavan Lake along with a private boat launch, park, volleyball court and baseball field.
Totally renovated 4214 Poplar Drive

     Over on the North Shore is 2241 Fleming Drive.  Just reduced to $179,000, this two-bedroom lake home is all dolled up and ready to go.  The home features rights to a lakeside park right next to the yacht club and is being sold furnished.
Lake views from the large front deck at 2241 Fleming Drive

     For those looking for the easy life, the lakeside condo at 2157 Landings Lane is the way to go.  This updated one-bedroom unit has a lakefront balcony, boat launch, gas fireplace and possible boat slip.  The unit has been reduced to $179,400 and is in excellent condition and ready to move in today.
Take in the lake views from the balcony at 2157 Landings Lane

     If it is space that you need, along with a private boat slip, then 1809 Lake Trail is the home for you.  This large five-bedroom, three-bath home features cathedral ceiling, lake views, gas fireplace, attached garage and finished lower level.  Reduced to only $325,000, the owner will even throw in most of the furnishings with a solid offer.  And did I mention... it comes with a private boat slip?
Bring along the guests with the five-bedroom home at 1809 Lake Trail

Monday, May 14, 2012

Delavan Lake Rights at Reduced Prices

     Three homes with Delavan Lake rights took action to reduce their listing prices last week.  Each home represents a unique area of the lake with a variety of access that come along with the property.
     The first is located in historic Assembly Park on the north shore of Delavan Lake.  Assembly Park offers a private beach, boat launch, large park area and social activities.  While residents go on a waiting list for boat slips they can sometimes rent a slip space.  The Assembly Park property is at 1609 Polk Ave., features three bedrooms, two baths and has been reduced from $179,000 to $169,000.
Polk Avenue in Assembly Park

     The second property is located in the Highlands Subdivision at the west end of Delavan Lake.  The Highlands also offer a large private beach, boat launch, volley ball courts, park with pavilion and a waiting list for boat slips.  The Highlands property is located at 4214 Poplar Drive., and features three bedrooms, two baths, a screened in patio and large 2.5 car garage.  The home has been reduced from $181,900 to $176,900.
Newly remodeled Poplar Drive in Delavan Highlands

     The final offering is located near the Delavan Lake Yacht Club off of the North Shore.  This cute two-bedroom home belongs a group of houses that share a lakefront park adjacent to the Yacht Club.  While there is not a boat slip, the proximity to the Yacht Club offers a beach, launch and pier option once membership has been established.  The home is located at 2241 Fleming Drive and has been reduced from $189,000 to $179,000.
Fully furnished two-bedroom on Fleming Drive

Tuesday, May 1, 2012

Delavan Lake 2012 Fireworks Schedule

     The Town of Delavan has announced the preliminary schedule of events for Independence Day Celebrations.  The events will take place on the Saturday before July 4, which falls on June 30 for 2012.  All events will take place a the Town of Delavan Community Park which is located at the corner of South Shore Drive and Hwy 50 on beautiful Delavan Lake.

     Events for June 30, 2012 include:

9 am – 10 am Boat and Horseshoe Registration (coffee and donuts will be on sale)
10:00 am Horseshoe tournament starts
10:30 am cardboard boat races start
11am-10:45pm Food and beverage sales
12:00 Bingo card sales begin
12:00 outdoor children’s activities start (slide, bounce house, games)
1:00-4:00 Bingo
4:00-6:00 Children’s activities, magician, face painter, balloon maker
(6:00-7:00 band stage setup)
7:00-10:45 music and dancing
9:30-10:00 Fireworks (music break)

Fireworks can be seen by boat on Delavan Lake or on shore at Community Park.

Saturday, April 7, 2012

Delavan Home Sales Increase 19 Percent Over Last Year

     Delavan single family homes sales are up 19 percent this year according to the Multiple Listing Service.  Sales for 2011 through the first week of April totaled $4,039,000 while sales for 2012 total $4,802,000.
     Unit sales are also higher. There were only 23 sales in 2011 by this time of the year while for 2012 we have a total of 35 sales.  As a result, the average sale price has fallen from $176,000 in 2012 to $137,000 in 2011.
     These sales include both the city and the town of Delavan. 

Friday, April 6, 2012

Delavan Lake First Quarter 2012 Summary

Delavan Lake property activity is up slightly in the first quarter of 2012 compared to 2011.  While showings have increased, sales have been slow to materialize and foreclosures have seen most of the action.

HOME SALES
     For the first quarter, there were two lakefront properties sold and three lake access property sold.  Last year, there were two lakefronts sold in the first quarter and no lake access sold.  The sales ranged from a $550,199 foreclosure on the South Shore to a $41,000 foreclosed cottage on South Shore Drive.   Six properties have accepted offers compared to 12 that had accepted offers this time last year.

CONDO SALES
     There have been three condo sales with lake rights in the first quarter.  This compares to only one last year.  The sales ranged from a Lake Lawn Condo/Hotel foreclosure at $30,000 to a three bedroom, three bath Geneva Landings Garden unit which sold for $224,200.  Three condos with lake access currently have accepted offers.

CURRENTLY LISTED HOMES
     There are 97 single family homes on the market with lakefront or lake access on Delavan Lake.  This is up from 94 last year.  The lake access properties start at $44,500 for a two-bedroom cottage and increase to $499,000 for a three bedroom home with no lake views and a boat slip.  Lakefront homes start at $319,000 for a two-bedroom home on Delavan Inlet and progress to $2,199,900 for a six-bedroom home with 132 feet of frontage on North Shore Drive.  The latter has been on the market since 2008 when it was listed for $2,700,000.

CURRENTLY LISTED CONDOS
     There are 46 condo units for sale, which is down from 56 last year.  The properties range from a $31,900 one-bedroom condo/hotel to $334,900 for a three-bedroom unit with a pier, boat lift and boat launch.

BEST VALUE LAKE ACCESS
     The best value for a lake access property on Delavan is located at 4214 Poplar Street.  Listed at
$181,500, this new construction three-bedroom home has a boat launch, park, and beach area along with 2-car garage and screened in patio.
New construction with stone fireplace.
Association beach with great lake views.

BEST VALUE LAKEFRONT
     The best value for a Delavan lakefront is 2229 South Shore Drive.  This five bedroom, four bath home has 75 feet of lakefront, excellent views, and a detached three car garage.  It is currently listed for $849,000 compared to the assessed value of $1,128,000.
Open deck and screened in deck to enjoy the summer.
Lake views from 75 feet of private South Shore frontage.

Thursday, March 22, 2012

Delavan Lake Water Quality Monitoring Resumes


     The water quality monitoring program instituted in1983 by the U.S. Geological Survey (USGS) has been reinstated by the Town of Delavan.  In February, the Town approved a proposal from the USGS to restart the program after a two year hiatus.   On  Thursday, March 15, USGS employee, Ben Siebers, undertook the initial sampling called for in the new agreement.

     The monitoring program calls for testing for some 25 physical, chemical, and biological parameters.  Samples will be taken from three Lake locations.  These locations will be identified by GIS technology and use advanced sampling and testing equipment.  The samples will be collected from three different depths at each site using rigorous USGS testing protocols.
     The overall in-lake water quality monitoring program was designed by USGS Chief Hydrologist Dale Robertson with input from Mr. Peter Berrini of HDR Inc.  HDR is the firm retained by the Town of Delavan to provide advice and guidance on Lake questions and was also instrumental in the recent Inlet dredging project.  Both Mr. Berrini and Mr. Robertson worked in conjuction with the Town's Lake Committee to create a cost effective and reliable program.
     The testing will be conducted monthly from March to November.  Samples will analyzed by the Wisconsin State Laboratory of Hygiene. The results will be analyzed in such a way so that they will mirror those which the USGS has collected over the last 20 years and will provide "diagnostic"  information on long-term changes to the Lake's ecology.   

     Accurate diagnostic information is predicated on the thoughtful, systematic, long-term data which, the Town of Delavan Lake Committee is convinced the USGS's monitoring  program will produce. Detailing and understanding these changes will guide the Lake Committee and the Town's future efforts to take actions which promise to keep Delavan Lake clean and healthy.

     The effort will cost a total of $20,000 annually.  The Town will provide $15,000 and the USGS will contribute to that investment with an additional $5,000.  The results will be posted, as the information becomes available, at the USGS site  http://wi.water.usgs.gov/lakes/9kb22/index.html

Saturday, March 17, 2012

Affordable Delavan Lake Get Away

     Here is the opportunity to own a lakefront cottage with spectacular views and a boat slip right out the front door.  Located in the Viewcrest Subdivision at Delavan Lake's northwest end, this carefree home offers an open concept living area with wood floors in the kitchen and dining area, one full bath, and a large great room/sleeping area. 

     Listed as "open concept", we really mean "open".  It is more of a studio apartment feel with the bedroom morphed into part of the living room.  The home does need a little sprucing up, although it has newer windows and the wood floors are in good condition.
     But that's not the point.  You get great lake views, a private boat slip, two-car garage and a private back patio all for less than $180,000.
     Viewcrest is a well run association and offers a boat launch, swim pier and beach area for residents as well.
    For a couple or single individual looking for that lakefront deal.   It just arrived.

Friday, February 24, 2012

Vacant Delavan Lake Parcel Ready to Build

     Rarely does a vacant parcel of land become available on Delavan Lake.  Even more rare is a 100 foot parcel.
     So it is truly a unique situation to have a 200 foot Delavan Lakefront parcel, with level frontage, a private wooded entrance, located in the middle of the South Shore, come up for sale.

     Fortunately, for the buyer looking to create a Delavan Lake estate of his own, that possibility has become a reality.
     Located at 3119 South Shore Drive, this spectacular piece of land features a driveway entrance directly off of South Shore that leads through the trees to a clearing that opens up to a spectacular view of the entire lake.

     The slope is gentle to the water.  The lot is over 1300 feet in depth and is perfect for a walkout residence with lakefront balconies and patios.
     Listed for $1,690,000, the location and privacy will rival any on Delavan Lake and awaits the creativity of its next lakefront owner.

Saturday, February 18, 2012

New Assembly Park Listing Hits Market

     Finally, a new listing in Assembly Park on Delavan Lake!
     After over a year drought from new listings, there is the opportunity for patient buyers to purchase a property in the Delavan Lake Assembly. 
     The subdivision, nestled along the north shore of the lake, has long been an area of homes that pass down from one generation to another.  Often the properties never hit the public market.

     This new listing, a well-kept three-bedroom, two-bath cottage has lake views, an open floor plan and a large front deck for taking in all the park and lake action.

     Assembly Park is a unique area on the lake for a number of reasons.  There are actually seven parks interspersed on the grounds with the main park encompassing a baseball diamond, beach, swim pier, shuffle board court and playground equipment.

     Residents can not only enjoy the lake activities, but also weekend bingo and other social events exclusively for members of the association.
     The new listing, at 1609 Polk Avenue, is listed for $179,000 is in good condition, and ready for the next owner to enjoy.

Wednesday, January 25, 2012

Viewcrest Perch Gives Ice Fisherman Space to Recharge

     Ice fishing is in full swing on Delavan Lake with huts, pails, and shanties filling the frozen water.  Above the shivering sportsmen, on the north west end of the lake, is perched the Ice Fisherman's Hide Out.

     After climbing the pyramid-like steps, a cozy two-bedroom escape waits to warm the weary with its natural fireplace, wood floors and incredible views.

     The rustic lake home features many window to take in the scenery, an expansive front deck for entertaining and a back patio for privacy.  Listed at $329,000 the property also includes a boat slip for use in the summer months and plenty of parking at the foot of the property.

Friday, January 20, 2012

Delavan Lake 2011 Summary


The lakefront market was very strong in 2011 with unit sales near record levels as prices fell along with the general housing market.

HOME SALES
For the full year, there were 20 lakefront properties sold and 28 lake access properties sold.  The least expensive lakefront sale was $325,000  for a three-bedroom home on the Delavan Outlet while the most expensive sale was $1,250,000 for a five-bedroom, four-bath estate situated on 1.47 acres on South Shore.  The lake access properties ranged from a $16,250 foreclosure in Delmar Subdivision to a $390,000 four-bedroom Victorian in Rockford Colony.   Last year, there were 13 lakefronts sold and 21 lake access properties sold.   In 2009 there were 11 lakefront sales.

CONDO SALES
The Delavan Lake condominium market mirrored the prior year.  There were 14 sales in both 2011 and 2010.  The sales ranged from $38,000 for a condo/hotel unit at Lake Lawn to a three-bedroom, three-bath Delavan Gardens unit for $300,000.

CURRENT MARKET HOMES
There are 76 single family homes on the market with lakefront or lake access on Delavan Lake.  This is up from 75 at the beginning of last year.  The lake access properties start at $79,500 for a two-bedroom, one bath home in Delmar Subdivision and increase to $499,000 for a three-bedroom home with a deeded boat slip and shared pier on the North Shore.  Lakefront homes start at $359,000 for a three-bedroom home on the Delavan Inlet and progress to $2,199,999 for a six-bedroom, North Shore property that has been on the market for over three years.

CURRENT MARKET CONDOS
There are 40 condo units available with lake access on Delavan.  This is down from 45 at the beginning of last year.  The properties range from a $34,900 one-bedroom condo/hotel in the Lake Lawn Resort to $319,900 for a three-bedroom unit on North Shore with a boat slip and 2-car garage.

BEST VALUE LAKE ACCESS
The best value for a lake access property on Delavan is a five-bedroom, three-bath raised ranch located off of North Shore.  Listed at $285,000, this home has private deep water boat slip, walk out lower level, enclosed deck, two fire places and attached two-car garage.

BEST VALUE LAKEFRONT
The best value for a Delavan lakefront is a four-bedroom, two-bath South Shore home on 120 feet of level frontage.  The home features a large lakeside deck, panoramic views, and a private pier.  Listed at $899,000, this home is selling for $200,000 less than the assessed value.

BEST VALUE CONDO
The best value for a lakefront condo is a one-bedroom, one-bath unit in Geneva Landings.  Listed for $184,900, the unit features laminate flooring, newer appliances, ceramic tile and a private deck.  The complex contains an outdoor pool, club house, boat slips, and a fitness room.