Delavan Island Home Slashes Price to Sell

     The dated Delavan Island walk out ranch, with a dilapidated boat house and extensive views has finally sold.  Coming on the market for $999,000 back in February of 2011, this home drew curiosity seekers wondering if the old camp property could be brought back to life.
     Many buyers passed on a purchase after witnessing the condition of the boat house and the dated interior.  There were a number of redeeming features, however, including 172 feet of lake frontage and spectacular lake views from the boat house.
     The boat house, however, blocks the views of the main house and the primary structure sits far back from the water.  Also, the frontage is not as desirable at the rest of the main body due to the amount of vegetation on the neighboring lakefront.
     Offering three bedrooms and a walk out lower level, many buyers were also turned off by the lack of a driveway and shared access over the neighbor's property.
     The sale price of $700,000, while looking to some like a steal, takes into account many of the shortcomings of the property and the investment that will be needed to restore it to a level acceptable to most lakefront home owners.

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