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Showing posts from October, 2016

Instant Equity Available on Delavan Lake's North Shore

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     A slow selling season has created a unique opportunity to receive some instant equity on Delavan Lake.  The sprawling lakefront at 2666 Willow Point Drive offers a future owner the opportunity to cash in on a discounted price for an updated home.      The desire to purchase a larger residence, has prompted the owner of the Willow Point property, located along the North Shore of Delavan Lake, to reduce the list price of their 1.36 acre complex to $200,000 less than is was purchased for and this does not account for the $250,000 in improvements that have been made over the last eight years.      I often see lake property seekers looking for the best deal, being able to take advantage of a situation and make out like a bandit.  Here is that opportunity. A sprawling lakefront enclosed porch spans the entire front of the main home.      Listed for $1.249,000, this unique home site includes a four bedroom main home resting on 83 feet of prime mid-lake frontage and an additional f

Mixed Results for First Nine Months on Delavan Lake

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     The Delavan Lake real estate market was mixed for the first nine months of the year.  Lake front sales were at decade low levels, while lake access properties were up over 35 percent from the prior year. HOME SALES      For the first nine months of 2016, sales with water frontage on Delavan Lake fell to only seven sales compared to 12 sales by the same time last year.  Lake access properties fared better with 43 sales in 2016 compared to only 31 sales in 2015.  The range of lake access homes started at $49,000 for a run-down two-bedroom cottage off of Fleming Drive on the North Shore to a nine-year-old, six-bedroom, six-bath, two-story with extended views off of Willow Point that sold for $699,000.  The lakefront homes started with a walk-out three-bedroom ranch on the Delavan Outlet that sold for $469,000 and went as high as $1,010,000 for a four-bedroom with 100’ of South Shore frontage. The sale at 1615 South Shore Drive was the only sale over $1 million this year.