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Showing posts from 2015

Late Season Lake Sales Push Numbers Above 2014

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     Two recent sales on Delavan Lake have pushed lakefront sales activity past the rate seen in 2014.  One of the homes was on the South Shore and the other on Lake Trail Drive.  With these closings, 17  lakefront properties  changed hands in 2015 compared to 16 in 2014.  13 of these sales were on the main body of the lake in 2015 while only nine were on the main body last year.      The South Shore property, located at 1415 South Shore Drive, sold for a relative bargain of $590,000.  Listed for $650,000, the home boasted 50 feet of level frontage with the property fanning out to 100 feet on the road side.  While in need of some major updates, the views and frontage for the property were first rate.  With four bedrooms and three baths, the two-story colonial showcased a 180 degree lake view from the great room, natural fireplace and waterfront master suite. 1415 South Shore Drive sold for $590,000      The other recent sale was located at 1960 Lake Trail Drive.  Built in 1996, t

Room to Relax. Room to Retreat

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     While it is great to share a lakefront home with family and friends, packing as many as you can on the pull-out couch and extra futon, there are times when we need to decompress.  Times when a little solitude is called for and a time to retreat. Main home at 2666 Willow Point Drive with wrap around front deck.      The latest Delavan Lakefront Property offers the best of both of these worlds.  With a centerpiece home on the north shore of the lake, featuring a first floor master suite and expansive enclosed front porch, this unique property also has two other homes for both guests and get-away space. Enclosed front porch on the main home.      Listed for $1.499 million, the latest lakefront is located at 2666 Willow Point Drive, a private road that is just off of North Shore Drive.      Although building codes do not permit the construction of multiple homes on the same lot, this unique set up is "grandfathered" in and creates one of the most unique opportunit

New Delavan Lake Price Reductions

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     The end of the year often brings some price reductions to Delavan lakefront homes as well as Delavan lake access properties.  This year is no exception with four lakefront homes taking action and one lake access property dropping the offering price by 10 percent.      The lake access property adjusting the offering price is located at 2218 South Shore Drive.  This unique property consists of a three bedroom brick ranch on one side of the road and ten feet of lakefront on the other.  The family that enjoyed this home has had their private pier on the ten foot section giving them a prime spot to keep their motor boat.  Originally listed for $330,000, the owners have reduced the price down to $299,900 making this an affordable full-time residence or summer get-away. 2218 South Shore Drive      The main body listing price reductions include a compact four-bedroom on 40 feet of South Shore frontage that has been adjusted to $564,000 from $585,000.  The property has a clean lake f

Firm Delavan Lake Home Third Quarter Activity

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     There was little change year over year in sales activity on Delavan Lake for the first nine months of the year.  Inventory has held relatively constant and sellers are staying firm on prices. HOME SALES      Over the first nine months of 2015, there were 12 lakefront properties sold and 31 lake access properties sold.  Last year there were 13 lakefronts sold and 31 lake access properties sold by the end of September.  The lake access properties that sold this year ranged from a $50,000 two-bedroom cottage in the Delmar Subdivision to a $425,000 five-bedroom, three-bath in Assembly Park featuring a large front porch and lot.  The highest and lowest sales were in the same subdivisions last year. Lakefronts sales ranged from $242,500  for a three-bedroom home on the Inlet to a $1,599,000 four-bedroom, three-bath North Shore estate that included 150 feet of level frontage and a boathouse with a rooftop patio. Recently sold Delavan Lakefront for $1,599,000 CONDO SALES

Oktoberfest/Halloween on Delavan Lake

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     OKTOBERFEST      Delavan Lake will be celebrating Oktoberfest this year on October 24, 2015 at the Town of Delavan Community Park.  The event will be held from 4:00 to 8:00 pm and will feature German food, drink and entertainment.      There is no admission charge to the event and all ages are welcome. The Town of Delavan Community Park is located at the corner of Hwy 50 and South Shore Drive on Delavan Lake.      A variety of German food will be available for purchase throughout the evening along with a selection of German deserts and German beer and wine.  Soft drinks will also be available along with coffee.      The main entertainment will be The Steve Meisner Band.  The music will start at 5:00 pm and include polka favorites that everyone can enjoy. HALLOWEEN PARTY      This year's Halloween activities will feature a Children's Halloween Costume Party on Sunday, October 25.  The party will be held from 3:00 to 5:00 pm at the Town of Delavan Community Park.

Top Five Lakefronts On Delavan Lake, WI

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     As the season changes to fall, it is interesting to see what are the five most expensive homes listed for sale on Delavan Lake.  With over 2,000 acres of recreation space, Delavan Lake is an all-sport lake in Walworth County, WI that is less than two hours from Chicago, Milwaukee, and Madison, WI.      #1 - The most expensive listing currently available on Delavan Lake is located at 2938 North Shore Drive.  Listed at $3.3 million, the home sits on 410 feet of steep frontage and boasts one of the most elaborate wine cellars in North America. 2938 North Shore Drive, Delavan Lake View from the Master Suite at 2938 North Shore Drive      #2 - Coming in at number 2 is 3307 South Shore Drive.  Almost directly across the lake from the first home, this 10,000 square foot estate is listed for $2.95 million and includes six bedrooms, eight bathrooms and 200 feet of lakefront. 3307 South Shore Drive, Delavan Lake Looking at the lake from the main floor office at 3307 South S

New listings added on both shores of Delavan Lake

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     Two new listings are adding some nice inventory to the current offerings on Delavan Lake.  Coming in at the sweet spot pricing of between $800,000 and $1.1 million, one of the homes is located on the North Shore, with the other on the South Shore.      Listed for $890,000, the home at 2906 Borg Road comfortably rests between one newly constructed lakefront and a renovated show-piece along the North Shore.  The property features 63 feet of level frontage, a large waterfront deck off the great room, four gracious bedrooms, three baths and about 3,200 square feet of living space. View from 2906 Borg Road, Delavan Lake.      Set up for entertaining, there is a front and back great room, each with a natural fireplace complimented with a spacious kitchen between the two.  The back great room, closest to the road, is more rustic and North Woods with its field stone fireplace, wood flooring and billiards area. Back great room at 2906 Borg road with wood floors and stone fireplace

Season end price reductions on Delavan Lake

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     As usual, the end of the summer season brings some nice price reductions on lake homes in the area.  Delavan Lake is no exception with reductions being seen in across the board from lake cottages and condos to massive lakefront estates.      Let's start with the massive.  Located at 3307 South Shore Drive, is the estate of a former Sears Roebuck and Co. executive, designed and built for the family as a private retreat.  The home is perched on 200 feet of frontage and boasts six bedrooms, eight baths and 10,000 square feet of living space.  Originally offered for $3.4 million, the home has been recently reduced to $2.95 million. Inside the screened porch of 3307 South Shore Drive      On the other side of the lake, is 1531 Cedar Point Drive.  This North Shore property has 60 feet of frontage, has a classic lake home feel and offers six bedrooms and five baths.  The front porch takes in panoramic views of the lake and opens up to a spacious deck area.  The property starte

Delavan Lake 2015 First Half Update

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     The real estate market around Delavan Lake showed signs of strength in the first half of 2015 as the overall economy improved and interest rates remained low. Home Sales      Over the first half of the year, there were seven lakefront properties sold and 20 lake access properties sold.  This compares to four lakefronts sold by this time in 2014 and 20 lake access properties sold.  The range of homes on the water spanned from a $210,000, four bedroom, two bath bungalow located on Browns Channel to an elegant six bedroom, eight bath Victorian on the North Shore that changed hands for $1.35 million. Condo Sales      Lake access condo sales are down slightly with eight units sold in the first half of 2015 compared to nine that sold by this time last year.  Prices ranged from a $43,000 two bedroom condo/hotel unit to a $214,700 two bedroom, two bath lakefront unit in Geneva Landings. Recent two bedroom sale in Geneva Landings for $214,700. Current Market Homes      Inventory

Prices Continue to Push Higher on Delavan Lake

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     With the sale of two new lakefront homes on Delavan Lake this month, prices are showing upward pressure not seen since 2007.  That is not to say that prices have returned to the market highs, just that we are seeing solid support for quality homes on the water.      The last two sales include a stunning five-bedroom East Coast-style water front property with sweeping views of the entire lake and architectural input that can be felt from nearly every room.  This home was designed for the lake with multiple entertaining spaces that look out on the water and flow from one to the next.  The main level greets guests with an open great room, formal dining area, gourmet kitchen and living room all looking towards Delavan Lake.  Views from the front sun room at 2611 South Shore Drive, Delavan Lake      Each bedroom is a separate suite with a private bath.  The master suite includes two separate walk in closets, two lakefront balconies, garden tub, walk-in shower and cathedral ceili

Delavan Lake Sales and Prices Both on the Rise

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     As has been seen around the country, prices and sales have gained momentum around Delavan Lake.  There are now seven properties with water frontage that have sold and five more under contract.  With only 23 waterfront properties left in inventory, this is also putting some upward pressure on prices.      The most recent sales around the lake include a four bedroom remodeled two-story along Browns Channel.  Listed at $220,000 the owners held out for a solid $210,000 purchase price.  The property features a large waterfront deck and walk out lower level. Recent sale on Browns Channel with walk out lower level.      On the main body, three sales in the last month included two on the South Shore and one on the North Shore.  The South Shore homes featured a stately Colonial on 75 feet of frontage with manicured gardens and a lakeside master suite with private balcony.  Listed at $1,295,000 the home sold for $1 million with additional dollars being allocated to personal property.

View, Boat Slip and Space for Guests

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     It is a pretty simple equation when trying to figure out what buyers of Delavan Lake access homes are looking for.  They want a boat slip.  They want a view.  They want space for guests.  And they want it all for a good value.  Hopefully, $300,000 or less.      A newly listed vacation property, at 4426 East Drive, offers all of these items an outstanding price of only $260,000.  Channel front side of 4426 East Drive      Located at the mouth of Brown's Channel, the property is just off the main body, yet has quality access, expansive views and room for visitors.      The main level is set for entertaining with an open kitchen and eating area and cozy great room with a retro natural fireplace.  There is also a full bath and laundry area.      The upper level contains two small guest bedrooms and a large master suite. From the view of the master suite, you can take in the entire east end of Delavan Lake.  The master also has a private bath and balcony that overlooks both

Garden Unit Available in Geneva Landings

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     For the first time in three years, a Garden Unit is available in the Geneva Landings Condominium project on Delavan Lake.  The Garden Units are the most sought after units because of their spacious layouts and direct walk out to the water.      This unit, located at 2159 Landings Lane, is currently listed for $269,000 and has been remodeled throughout.  With two bedrooms, two baths and a large den that can be used as a third bedroom, the waterfront property is one of the largest available in the complex. Remodeled unit with wood floors, breakfast bar and open concept design.      The great room, bedrooms and kitchen area of this unit all have wood floors and new flooring has also been installed in the two bathrooms.  The kitchen also has granite counter tops, tile back splash, new cabinets and stainless steel appliances. Kitchen with granite counters, tile back splash and stainless steel appliances.      Both bedrooms look out on the water and the master suite contains