Delavan Lake Sales Drop Sharply in First Quarter
HOME SALES
The first quarter of 2014 was cold and
brutal for the Delavan Lake Property market.
There were only four lake access properties sold and no lakefront
properties sold during this period. Last
year, there were three lakefront properties sold and five lake access
properties sold. The range in sales were
$53,000 for a foreclosure in the Delmar Subdivision to a $160,000 four-bedroom
ranch in the Viewcrest Subdivision.
CONDO SALES
The sales of lake
condos were equally poor in the first quarter.
There were three transactions that took place. All of the sales were condo-hotel units in
the Delavan Lake Resort. They sold for
$17,000 each. These units had sold for
$140,000 in 2001.
CURRENTLY LISTED HOMES
Currently, there
are 67 lakefront or lake access homes available for sale around Delavan
Lake. This is down from 68 that were
offered this time last year. The home
prices start at $59,900 for a three-bedroom cottage in the Delmar Subdivision
to $1,499,000 for a five bedroom showpiece on Delavan’s North Shore. The North Shore lakefront includes a
two-bedroom apartment above a separate garage.
CURRENTLY LISTED CONDOS
There are only 16
lake access condos available for sale on Delavan Lake. This compares with 35 that were available
this time last year. The prices range
from $75,000 for a Lake Lawn condo hotel unit to $299,900 for a Delavan Gardens
three-bedroom, three-bath unit that includes a boat slip on the North Shore.
BEST VALUE LAKE ACCESS
The best value
for a lake access home is located at 1605 Jackson Park Drive. This two-bedroom lake home is in excellent
condition, sports a large back deck, and includes a deep water boat slip on the
North Shore of Delavan Lake. The home is
listed for $174,000.
Jackson Park has one of the largest pier systems on Delavan Lake |
1605 Jackson Park has a large back deck for summer enjoyment. |
BEST VALUE LAKEFRONT
The best value
for a lakefront home is located at 4146 Glue Gill Road. This three-bedroom, three-bath waterfront has
50 feet of private frontage, a spacious deck, oversized pier and two living
room spaces that look out on the water.
Listed for only $489,000, this home also has a two car garage for boat
and toy storage.
Enjoy the views of the entire lake from the private deck on 4146 Blue Gill. |
BEST VALUE CONDO
The best value
for a condo unit is located at 1435 Delavan Club Drive. This two-bedroom unit, listed at $219,000,
has been completely remodeled and walks out directly to the lake. The complex includes a swimming pool, exercise
facility, sauna, steam room, tennis, basketball, pier use, boat launch and a club
house.
Remodeled throughout, you will have no concerns at 1435 Delavan Club |
The relaxing pool awaits your arrival at the Delavan Club. |
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