Owning a lakefront property is a dream for many.
Delavan Lake is located in Southeastern Wisconsin, has 2,072 acres of all-sport fun and is home to sailing, skiing, fishing, and ice boating enthusiasts. This blog, by Ryan Simons, covers the real estate activity on and around the lake along with local activities.
North Shore Lake Home offers New and Nostalgic
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Whether you are looking for a newly remodeled lakefront or a lakefront with the nostalgia of yesteryear, the home at 2524 North Shore Drive has both for the lake home buyer.
2524 North Shore Drive, Delavan Lake
Perched on 80 feet of prime frontage, this home features a newly remodeled kitchen and master suite yet has kept the charm of the lakefront great room with leaded glass windows and pine ceilings and walls. Comfort abounds in this lakefront property with overstuffed chairs, multiple decks and a waterfront terrace with expansive lake views.
Lakefront Terrace at 2524 North Shore Drive
There are three large bedrooms, in addition to the spacious master suite and lake views from nearly every room in the house.
Priced at only $859,000 the property also includes an over-sized pier, two car garage and family room with wood burning stove.
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
The first half of 2022 showed a drop in Delavan Lake real estate sales from the prior year due to a lack of inventory. For the first six months of 2022, there was only one lakefront sale compared to eight in 2021. For lake access properties, there were 19 homes sold in 2022 while there were 25 sold the prior year. The only lakefront property to change hands was a five bedroom home on the South Shore that sold for $2,261,000. The property had 95 feet of lake frontage and eight garage stalls. The only sale for the first half of 2022 was located on the South Shore of Delavan Lake The sales of lake access properties ranged from $96,000 for a two-bedroom cottage in the Delmar Subdivision on the south side of the water to $580,000 for a large two-bedroom home in Assembly Park on the north side of the lake with expansive views and deck space. For Delavan Lake condos, there were 20 units sold in the first half of 2022 compared to 17 units last year. Prices ranged from $45,000 for
Sales of Delavan Lake properties remained constrained for the first half of 2023. The lack of inventory was the main culprit along with home owners reaching for excessively high valuations. For the first half of the year, we saw three lakefronts sold compared to only one last year. Interestingly enough, the value of the one sold last year exceeded the total sales price of the three sold this year. Lake access sales were equal with 19 homes being sold this year and 19 being sold last year as well. The price range for lake access homes sold this year started at $124,000 for a small cottage in the Delmar subdivision and increased to $460,000 for a three bedroom ranch in the Ravenswood subdivision at the west end of the lake. The home in Ravenswood originally listed for $545,000. Lake Access Condo sales slowed to 13 in 2023 compared to 20 in 2022. Units ranged from $43,400 for a condo/hotel room in the Lake Lawn Resort to $410,000 for a two bedroom condo
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