$1,080,000
SOLD AUG 1, 2025

550 Lake Bluff Dr Oconomowoc, WI 53066

5 Beds
3.5 Baths
3,880 Sq Ft
0.42 Acres

Recently Sold

$278 Per Sq Ft

6% Below List Price

14 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Ranch Style House
  • Greenland Elementary School Rated A-
  • Deck
  • 2.75 Car Attached Garage

About This Home

As of August 2025

This show-stopping home has it all! Sought after Oconomowoc location with exclusive frontage and access to private Crystal Lake. This 5 bedroom beautifully updated ranch home wows from the moment you walk in the front door. Offers a main level master retreat, spacious open concept living, high ceilings, updated, light bright and airy design with plenty of gorgeous space for entertaining inside and out. The lower level grants access to your lakefront as well as fabulous additional living space. Fish, swim, kayak, float or just enjoy the view. You will love coming home.

Last Agent to Sell the Property

Karen Patrick

First Weber Inc - Delafield License #80864-94 Listed on: 04/10/2025

Last Buyer's Agent

JJ Hausmann

Compass RE WI-Lake Country License #55731-90

Compass RE WI-Lake Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,374

Parking

  • 2.75 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Fireplace
  • Stone Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Sump Pump
  • Finished Basement Bathroom
  • Basement Windows

Outdoor Features

  • Deck
  • Patio

Schools

  • Greenland Elementary School
  • Nature Hill Middle School
  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Level Entry For Accessibility
  • 0.42 Acre Lot

Community Details

  • Property has a Home Owners Association
  • Lakewood Estates Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property, TV & Mount above fireplace
  • Assessor Parcel Number OCOC0543090

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,374

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.42
  • Inclusions: Oven/Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Water Softener (owned), Disposal, EDO, Remote, LL Mini Fridge, LL Microwave, LL TV Mount, Steam Shower, Pool Table
  • Subdivision Name: Lakewood Estates
  • Directions: Hwy 67 to Lake Bluff Dr
  • Above Grade Finished Sq Ft: 2260
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: 1 Story, Exposed Basement
  • Property Information:Est Total Sq Ft: 3880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Accessibility Features: Level Drive, Open Floor Plan, Full Bath on Main Level, Laundry on Main Level, Bedroom on Main Level
  • Has Basement: Full, Walk Out/Outer Door, Poured Concrete, Shower, Full Size Windows, 8+ Ceiling, Sump Pump, Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1620
  • Fireplace Features: Gas Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors, Simulated Wood Floors
  • Interior Amenities: Wet Bar, Pantry, Kitchen Island, Split Bedrooms, Walk-In Closet(s), High Speed Internet

Exterior Features

  • Lot Features: View of Water, Sidewalk
  • Exclusions: Seller's Personal Property, TV & Mount above fireplace
  • Construction Type: Stone, Fiber Cement
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.75
  • Parking Features: Electric Door Opener, Paved
  • Garage Type: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, Radiant Floor
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Greenland
  • Junior High Dist: Oconomowoc Area
  • High School: Oconomowoc
  • Middle Or Junior School: Nature Hill

Lot Info

  • Current Use: Subdivision
  • Lot Size Sq Ft: 18295.2
  • Parcel #: OCOC0543090

Tax Info

  • Tax Annual Amount: 7373.54
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
Jul 31, 2025
Sold by
Maurer Kyle and Maurer Kassandra
Bought by
Barnes James and Barnes Catherine
Seller's Agent
Karen Patrick
First Weber Inc - Delafield
Buyer's Agent
JJ Hausmann
Compass RE WI-Lake Country
List Price
$1,150,000
Sold Price
$1,080,000
Premium/Discount to List
-$70,000
-6.09%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.28%
Original Mortgage
$737,250
Outstanding Balance
$737,250
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$341,634

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 31, 2024
Sold by
Rushman Roger C and Rushman Nancy J
Bought by
Maurer Kyle and Maurer Kassandra
Seller's Agent
Flora Cameron
First Weber Inc - Delafield
Buyer's Agent
Kassandra Maurer
First Weber Inc - Delafield
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.00%

Purchase Details

Closed on
May 19, 2006
Sold by
Jc Fleming Properties Inc
Bought by
Rushman Roger C and Rushman Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,400
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,080,000 Lakefront Title
Warranty Deed $750,000 None Listed On Document
Warranty Deed $265,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $737,250 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $175,000 Credit Line Revolving
Previous Owner $430,700 New Conventional
Previous Owner $472,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Credit Line Revolving
Previous Owner $593,400 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $1,080,000 -6.1% $278 / Sq Ft
04/10/2025 04/10/25 For Sale $1,150,000 +53.3% $296 / Sq Ft
07/31/2024 07/31/24 Sold $750,000 0.0% $179 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $750,000 -- $179 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

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 $7,374 $687,800 $167,200 $520,600
2023 $7,535 $670,200 $149,600 $520,600
2022 $8,895 $643,800 $123,200 $520,600
2021 $7,722 $565,800 $123,200 $442,600
2020 $8,330 $478,700 $118,800 $359,900
2019 $8,101 $478,700 $118,800 $359,900
2018 $7,824 $478,700 $118,800 $359,900
2017 $7,741 $478,700 $118,800 $359,900
2016 $7,833 $478,700 $118,800 $359,900
2015 $7,780 $478,700 $118,800 $359,900
2014 $8,201 $478,700 $118,800 $359,900
2013 $8,201 $505,200 $126,900 $378,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1913319

Metro MLS

APN: OCOC-0543-090