$7,900,000

4545 N Hewitts Point Rd Oconomowoc Lake, WI 53066

Estimated payment $47,420/month

Total Views 404
3.71 Acres
$2,129,380 Price per Acre
161,608 Sq Ft Lot

About This Lot

Presenting one of the most breathtaking & prestigious homesites offered in Lake Country-an extraordinary 3.77-acre estate parcel on the coveted shores of Oconomowoc Lake. Once the centerpiece of a historic lakeside estate, this property offers unmatched beauty, legacy, & potential. An ideal canvas for your custom lakeside retreat with 369 ft of pristine, hard-bottom lake frontage, panoramic westerly views & unforgettable sunsets in complete privacy. Opportunities like this are incredibly rare, with the space & seclusion to craft a truly remarkable legacy home. Minutes from charming downtown Oconomowoc with convenient access to I-94 & Hwy 16 & approx. 90 minutes from Chicago. This is a once-in-a-generation opportunity to build on one of Oconomowoc Lake's most iconic parcels.

Listing Agent

Jonathan Spheeris

Coldwell Banker Elite Brokerage Email: info@cb-elite.com License #13887-90 Listed on: 07/15/2025

Coldwell Banker Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,482

Lot Details

  • 3.71 Acre Lot

Parking

  • Garage

Schools

  • Oconomowoc High School

Listing and Financial Details

  • Exclusions: Seller's Personal Property.
  • Assessor Parcel Number OCLV0581993

Property Details

Property Type

Land

Est. Annual Taxes

$45,482

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 3.71
  • Road Frontage Type: Town/City Road, Paved Road
  • Inclusions: None
  • Directions: Hwy 16 to Gifford Rd exit, turn south then left on Hewitts Point Rd to home.
  • Attribution Contact: info@cb-elite.com
  • Special Features: None

Exterior Features

  • Topography: Level, Rolling/Hilly, Sloped, Wooded
  • Exclusions: Seller's Personal Property.
  • Other Structures: Garage(s), Residence

Utilities

  • Green Building Features: Other
  • Sewer: Conventional Septic

Schools

  • Junior High Dist: Oconomowoc Area
  • High School: Oconomowoc

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 161607.6
  • Parcel #: OCLV0581993

Tax Info

  • Tax Annual Amount: 45482.04
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $45,482 $4,121,700 $1,380,300 $2,741,400
2023 $40,917 $4,121,700 $1,380,300 $2,741,400
2022 $48,323 $3,760,900 $1,244,900 $2,516,000
2021 $42,705 $3,337,000 $1,190,800 $2,146,200
2020 $43,116 $3,172,700 $1,163,800 $2,008,900
2019 $42,075 $3,052,000 $1,118,500 $1,933,500
2018 $44,820 $3,270,800 $1,118,500 $2,152,300
2017 $51,637 $3,119,400 $1,118,500 $2,000,900
2016 $40,992 $2,735,800 $1,118,500 $1,617,300
2015 $40,159 $2,713,200 $1,118,500 $1,594,700
2014 $39,749 $2,737,600 $1,118,500 $1,619,100
2013 $39,749 $2,360,100 $1,118,500 $1,241,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $7,900,000 +165.5% --
08/30/2018 08/30/18 Sold $2,975,000 -15.0% $244 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $3,499,000 -- $287 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,000,000 None Listed On Document
Warranty Deed $2,975,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Previous Owner $2,395,900 New Conventional
Previous Owner $2,359,250 New Conventional
Previous Owner $2,360,144 New Conventional
Previous Owner $2,380,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Source: Metro MLS

MLS Number: 1926601

Metro MLS

APN: OCLV-0581-993

Wisconsin Waukesha County Oconomowoc Lake 53066

4545 N Hewitts Point Rd, Oconomowoc Lake, WI

This home is located at 4545 N Hewitts Point Rd, Oconomowoc Lake, WI 53066 and is currently priced at $7,900,000. 4545 N Hewitts Point Rd is a home located in Waukesha County with nearby schools including Meadow View Elementary School, Nature Hill Intermediate School, and Oconomowoc High School.

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Jonathan Spheeris
Listing Agent
Jonathan Spheeris
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Coldwell Banker Elite
(262) 425-9899