3 months on rocket

281 S Lake St, Elkhart Lake, WI, 53020

$5,500,000

4 Bedrooms
3 Full Baths
5,000 SqFt
$1,100/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingOpener Included, Attached, 2 Car
Attached Garage2 spaces
Year Built1935
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontWater Access, Waterfront, Boat House, Lake Front, Pier
MLS #1884968
Lot Size0.31 Acres
StatusActive

About 281 S Lake St

Moments from the vibrant heart of Elkhart Lake, this rare estate offers a serene escape that captures the essence of lakefront living. Located on 80 feet of pristine Elkhart Lake water frontage and at the epicenter of the Village's racing heritage, this grand mansion has stood sentinel at The Hard Left for 72 years.This well preserved, recently updated example of Tudor Revival architecture was built in 1935 as The Tern & Anchor. See details at: www.elkhartlakelandmark.com Spanning 5,000 square feet spread over four floors, the home delivers sweeping vistas of the lake from all major rooms. A two car garage and boat house provide storage. Four bedrooms give gracious guest accommodations. And a private dock allows mooring your favorite Gar-Wood. Call now for your private tour.

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor/Provincial, Other
  • Year Built: 1935
  • Living Area: 5,000 SqFt

Listing Office:

  • Office Name: Elkhart Lake Realty
  • Office Phone: (920) 917-2397
  • Listing Agent: Timothy Jagemann

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Cable/Satellite Available, High Speed Internet, Cathedral/vaulted ceiling, Wood or Sim.Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Waterfront, Boat House, Lake Front, Pier
  • Exterior: Deck, Private Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Opener Included, Attached, 2 Car

Virtual/3D Tour

  • 3D Tour: 281 S Lake St
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Elkhart Lake High School, Public District Grades 9-12
  • Elkhart Lake Elementary/Middle, Public District Grades PK-8

Other

Directions Information:

  • Directions: From I-43, take Hwy. 23 West to Hwy. 67 North in Plymouth. Take 67 North to Rhine St. in Elkhart Lake. Turn Left on Rhine St. to S.Lake Street. Turn Left on S.Lake St. to 281.

Municipality:

  • Elkhart Lake

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
  • Price Per SqFt: $1,100/SqFt

Tax Information:

  • Annual Amount: $15,883
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elkhart Lake, WI.

Med. Sold Price

$433K

Med. Price/SqFt

$282

# of Sold Homes

5

281 S Lake St vs Elkhart Lake

102 DAYS ON ROCKET

$5,500,000

+$5.0M More

$1,100/SqFt

+$818 More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price and $818/SqFt more than other homes in Elkhart Lake, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1884968

Listing Office:

  • Office Name: Elkhart Lake Realty
  • Office Phone: (920) 917-2397
  • Listing Agent: Timothy Jagemann

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$15,883$794,000
2019$14,408$794,000
2018$13,764$794,000
2017$13,692$794,000

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1938295
7
/10
  • Elkhart Lake Elementary/Middle

  • 251 E Maple St

  • 0.45 miles

  • Public District Grades PK-8

High School

school-card-donut-1938296
7
/10
  • Elkhart Lake High School

  • 201 Lincoln St

  • 0.59 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,500. Residents of Elkhart Lake, WI typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 281 S Lake St

What is the listing price of this property?

The listing price of 281 S Lake St property is $5,500,000.

What type of property is this?

The property 281 S Lake St is a house located in Elkhart Lake, Wisconsin, 53020.

Is this property for sale now?

Active Listing: 281 S Lake St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 281 S Lake St are:
Elkhart Lake Elementary/Middle: GreatSchools Rating 7/10
Elkhart Lake High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $15,883 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 281 S Lake St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 281 S Lake St is 5,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 281 S Lake St is 1935.
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Rocket Homes›Wisconsin›Sheboygan County›Elkhart Lake›53020›281 S Lake St

This home is located at 281 S Lake St in Elkhart Lake, WI and zip code 53020. This 5,000 square foot home, which was built in 1935, sits on a 0.31 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $5,500,000.

In October 2024, from all listings sold in Elkhart Lake, WI there were more than 1 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. Between September 2024 and October 2024, Elkhart Lake, WI real estate market has seen decrease in the number of listings by 7.7%.

From Rocket Homes Real Estate and based on county public records data.

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