What are the Best Values on Delavan Lake?

     Spring is here, and although we just experienced a late snow fall, the market is starting to bloom on Delavan Lake.  There has been one sale on the main body and three additional homes are under contract. Inventory levels are low for Delavan Lakefront Properties with only 16 currently available.
     So what are the best values for those that want to have a sensational summer spot for the 2016 season?  They both rest on the North Shore of Delavan Lake.
     The first is found at 2524 North Shore Drive.  Listed for only $750,000, $50,000 less than the assessed value, this four bedroom offers 80 feet of private lake frontage and four deck spaces to enjoy the summer sun.  The prime deck space is just steps from the water and takes in views all the way down to the Island of Delavan Lake.
Lakefront deck at 2524 North Shore Drive takes in views down to the Island
     Inside is a combination of classic and modern.  The front great room has retained the leaded glass windows, pine ceiling and airy porch feel while the back family room incorporates a wood burning stove, hardwood floors and cozy office nook.
One of the best values available on Delavan Lake, 2524 North Shore has 80 feet of frontage
     There are four spacious bedrooms on the upper level including a master suite with walk in closet and views of the water.  Two front bedrooms also have expansive lake views and charming beadboard finishing.
     The second value of the season is located at 1531 Cedar Point Drive.  Just up from the Delavan Lake Yacht Club, this classic summer home has an open concept great room, sprawling front porch and expansive front deck to take in all of the lakeside activities.
Views from the enclosed porch at 1531 Cedar Point Drive take in a vast swath of the South Shore.
     The six bedroom, five bathroom home is priced at $749,000 and includes a waterfront boat house, 60 feet of frontage and a detached two car garage.  One of the unique features of this waterfront value is the second master suite that juts out over the front of the house.  From these private quarters, three sides of windows give generous views of the south shore across the water.
Buyers will find two master suites at 1531 Cedar Point Drive off the North Shore

Comments

Post a Comment

Popular posts from this blog

Delavan Lake Sales Fall in First Half of 2022

Image
  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
Read more

Top Five Lakefronts On Delavan Lake, WI

Image
     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
Read more

Delavan Lake First Half 2023 Real Estate Update

Image
      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
Read more