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Showing posts from 2018

Great Delavan Lake Gift Guide

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     If you like Delavan Lake, you'll love the new Gift Guide from The Delavan Lake Store.  This year's catalog has more than just amazing wine and cheese baskets.  There are also new clothing items, Delavan branded trinkets and a line of Delavan Lake signs that can be customized with your family information.      A link to the Delavan Lake Gift Guide can be found by clicking on to the image below.  Happy Holidays! Find unique Delavan Lake Gifts by clicking HERE!

First Nine Months Slow For Delavan Lake Sales

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     Sales of lakefront properties have been extremely slow this year on Delavan Lake.   In the first nine months, there have been only seven waterfront properties sold compared to 21 that were sold in 2017.   Prices ranged from $520,000 for a three bedroom ranch on 60 feet of South Shore frontage to $990,000 for a four bedroom log home with 67 feet of frontage on the North Shore.      Lake access homes did better with 32 sold in 2018 compared to 33 in 2017.   The main drag on sales seems to be the lack of inventory.      Currently, there are only 15 homes with water frontage available on Delavan Lake when normally we would have around 25.   The starting price point for a house on the water is $319,000 for a four bedroom ranch on the Delavan Inlet.   Prices increase to $1,895,000 for six bedroom, 7,000 square foot newer construction on the North Shore.      The lake access homes are more abundant with 31 currently on the market.   Homes with water rights start at $94,900 for a

First Half Delavan Lake Sales Start Slow

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     Delavan Lake sales have been limited in 2018 due to a tight supply of homes on the market.   Buyers have been frustrated by lack of inventory and a shortage of homes that have been updated and ready to move in and enjoy.      For the first six months of the year, there have been 17 sales of lakefront and lake access properties on Delavan compared to 22 in 2017 and 27 in 2016.   Sales ranged from $65,000 for a one bedroom in the Delavan Highlands to $990,000 for a four bedroom lakefront on the North Shore.      Condominium sales are up slightly with 10 sales in 2018 compared to eight in 2017 and 10 in 2016.   Prices of units sold ranged from $40,000 for a condo/hotel room in The Delavan Lake Resort to $237,000 for a two-bedroom in the Geneva Landings complex.      Currently there are only 49 lakefront and lake access homes available to purchase around Delavan Lake.   This compares to 62 in 2017 and 72 in 2016.   Prices of lake access homes start at $74,500 for a one-bedroom

New Price Reductions on Delavan Lakefronts

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     Two new reductions in Delavan Lakefronts have made the lake life even more affordable.      Both are located on the north shore of Delavan Lake with great swimming frontage and expansive views of the water.      The first is located at 2508 North Shore Drive.  This two bedroom lakefront features two large decks to drink in the sunshine and a back patio when you feel like a little shade.  Reduced to $525,000, this remains one of the best values on the lake. Back patio space of 2508 North Shore Drive, Delavan Lake, WI Private pier and boat slip of 2508 North Shore Drive, Delavan Lake, WI View from your master bedroom balcony. Click Here to Tour the rest of the house      If you are seeking more privacy, how about two acres of wooded spender on the water?  Located at 2920 North Shore Drive, this four bedroom private get away includes a second lower level kitchen, theater room, sun room and five-car boat garage for toy collections.  The price has been lowered to $1,175,

Best Lakefront Values on Delavan Lake

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     Lakefront home buyers have a number of great values to choose from on Delavan Lake right now.  Rarely can you buy a livable structure for less than $600,000 but currently, there are three to choose from.      One of the best opportunities is a three bedroom cottage on the South Shore of the Delavan Lake.  Located at 4302 Gill Court, this home has been a cherished family retreat for over 30 years.  With its proximity to the water's edge, lakefront deck and remodeled front room, the $425,000 property also includes a large two car garage for boat storage. 4302 Gill Court gets you on Delavan Lake for $425,000. Click here to Tour this great opportunity      Second is a well-maintained two bedroom on the North Side of Delavan Lake.  The property at 2508 North Shore Drive features two large upper bedrooms, two lake side decks, a remodeled kitchen and carefree siding.  The home is close to restaurants, a marina and entertainment all within walking distance. Available for $544,0

2018 Sales Start off Slow for Delavan Lake, WI

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     Sales of homes around Delavan Lake were limited for the first quarter of 2018, just as they were in 2017.   For the first three months, there were only 10 sales of lake homes and condos compared to eight for the previous year.   Two of the sales were lakefront properties, one which sold for $675,000 and the other for $990,000. Recently sold Delavan Lakefront on South Shore fetched $675,000      The offerings of properties for sale are limiting overall activity.   There are only 36 homes currently on the market that have lake frontage or lake access on Delavan Lake.   Usually, we would have around 60 properties that are for sale at this time of the year.   Condos are also in short supply with only 16 units listed.      Lake access homes start at $56,000 for a tear down cottage off of Dutch Mill which is on the south side of the lake.   The cottage, with a faulty foundation and collapsing walls, has a lake view and water access at the end of the street.   The most expensiv

Winter Weekend Happenings Around Delavan Lake

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     It is a busy weekend for activities around Delavan Lake, Wisconsin for February 16th, 17th, 18th and perhaps even the 19th.  Yes, it is an extended weekend because of the President's Day Holiday Here is a List of Activities to Choose From FRIDAY, February 16 Snow Sculptures and Ice Carvings - Lake Lawn and Downtown Delavan Happy Hour - 1/2 Price Drinks and Ice Cream - 4pm - 7 pm Delavan Lake Store, 2001 North Shore Indoor Kite Flying Performance - Lake Lawn Resort 8 pm - 9 pm SATURDAY, February 17 Free Wine Tasting - 10 am - 7 pm - Delavan Lake Store, 2001 North Shore Drive Kite Kick Off - 10:30 am - Lake Lawn Resort Grand Kite Launch - 12 pm - Lake Lawn Resort Kite Performances - 12:30 pm - 5 pm - Lake Lawn Resort Happy Hour - 1/2 Price Drinks and Ice Cream - 4pm - 7 pm Delavan Lake Store, 2001 North Shore Town of Delavan Winter Lakefest - 5 pm - 9 pm - Live Music - BCT - Delavan Community Park Live Music - Curtis Goodman - 7 pm - 9 pm - Delavan Lake Store

Surging 2017 Delavan Lake Real Estate Sales Sap Supply

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     2017 was an excellent year for Delavan Lake real estate. 25 lakefront properties changed hands which is the most sold in a single year since 1999 when there were 33 transactions.  The burst of activity has left inventories depleted and has created upward pressure on pricing.       Sales of properties with water frontage on Delavan Lake compared favorably to the last two years with 25 sales in 2017; 10 sales in 2016 and 17 sales in 2015.       When looking at just the main body of Delavan Lake, there were 17 sales in 2017, 8 in 2016 and 13 in 2015.   Prices ranged from $240,000 for a one bedroom cottage near Brown’s Channel to $1.9 million for a newer four bedroom South Shore residence with 126 feet of level frontage.       Lake access sales were also strong on Delavan with sales in 2017 of 46 units compared to 52 in 2016 and 37 in 2015.   Prices ranged from $48,000 for a two bedroom in the Delmar Subdivision to $657,500 for a three bedroom two-story along Assembly Park’s Ga