Delavan Lake Real Estate Report


     Real estate sales around Delavan Lake slowed for the first quarter of 2020.  For the first three months of the years, there were only nine sales of homes and condos with lake rights.  This compares to 15 sales in the first quarter of 2019.  Two of the sales this year were lakefronts.  One was a four bedroom, three bath walk-out ranch on 75 feet of frontage that sold for $900,400 and the other was a new construction on 120 feet of frontage that sold for $1,475,000.
     The inventory of homes remains very tight if you want something that is on the lake or has access to it.  There are ten homes with water frontage available and 22 with lake access.  The availability of condos is even tighter with only nine units on the market.  Six of those are condo/hotel rooms and cannot be lived in full time.
     For a lake access home, prices start at $105,000 for a small two bedroom home in the Inlet Oaks Subdivision and progress up to $385,000 for an A-Frame that includes a boat slip in Lakewood Estates.
     If you want to be directly on the main body of Delavan Lake, the starting price point is $599,999 for a small three bedroom on the South Shore that sits on 40 feet of lakefront.  The most expensive offering is on North Shore and is a 7,104 sq ft home with six bedrooms and seven bathrooms.
     The best value on Delavan Lake is located at 2316 Lake Shore Drive.  This home is in the South Shore Manor subdivision and includes a private pier.  Priced at $599,999, it is also the least expensive home on the water.
2316 Lake Shore Drive

     The best value for a lake access home is at 2549 Tilden Avenue.  This Delmar Association home has four bedrooms, two full baths and a two car garage.  The home is priced at $178,500 and includes the use of a boat launch and swim pier.
 
2549 Tilden Avenue


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