Friday, May 24, 2013

Lake Access Sales Heating Up

     The market for Delavan Lake access properties is starting to heat up with summer fast approaching.  Last week three additional homes were sold with a variety of lake rights bringing the total to 10 for the year.
     One such bargain was located at 2241 Fleming Drive, just off of Delavan's beautiful North Shore.  This two-bedroom cottage, resting on under a quarter acre, boasted lake views from multiple angles, a large deck and a clean, fresh interior. 

     Sold furnished for $144,000, the home represents an excellent starter lake property for a family trying to determine the best location around Delavan Lake to settle.  With its spacious sun porch and cathedral ceiling, the property was in hot demand with multiple parties wanting to put in offers.

Thursday, May 9, 2013

Mid Size Delavan Lake Values

     Often a lake home buyer wants a spacious place to entertain, but doesn't want the upkeep of a larger waterfront property.
     A couple routes to explore are single family deeded condominiums and channel-front properties.  Both of these options offer larger homes, without the cost of lakefront taxes or the cost of additional maintenance. 
Windtree Acres Lakefront Deck

    An example of a single family deeded condominium are the homes in Windtree Acres.  This small association of only twelve homes along a private drive gives each member access to a lakefront pier, boat slip, deck and yard area.  The unit owners maintain their structures, but pool together resources for the upkeep of the yards, roadway, and pier system.  The arrangement also creates lower overall taxes since the lakefront is shared among all owners.
1600 Windtree Lane

     There is one home available in the Windtree Association.  Located at 1600 Windtree Lane, just off of North Shore Drive, this home features three bedrooms, four baths, finished lower level, gas fireplace and wood floors.  The master suite includes cathedral ceiling, access to private deck, jetted tub, and walk in shower.  Listed at only $429,000 the property is a fraction of what it would be if located on the main body of Delavan Lake.
Inside 4320 East Drive

     An example of a channel-front is located at 4320 East Drive, just off of South Shore.  With Pottery Barn-like decorating and an open concept layout, this home features a first floor master, wood floors, natural fireplace and large waterfront patio with fire pit.  Owners can relax by the quiet waters of the channel or use their private lift to access the main body of Delavan Lake for skiing, tubing or simple cruising.  Listed at $425,000, this well-maintained home is ready for you to leave the car keys on the counter and head out for summer fun at a less than half of similarly appointed lakefront properties.