NOT LISTED FOR SALE

N52W35002 W Lake Dr Unit 203 Okauchee Lake, WI 53069

Estimated Value: $1,458,309 - $2,036,000

3 Beds
3 Baths
2,734 Sq Ft
$1,000/mo HOA Fee

Last Sold December 27, 2023

Last sale price $1,725,000 $631 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,015/month

55 Days on Market

Highlights

  • Community Boat Slip
  • Access To Lake
  • New Construction
  • Meadow View Elementary School Rated A
  • Boat Slip
  • Waterfront

About This Home

As of December 2023

Unparalleled quality construction and design make this Lake Country's premier condominium development. The building is constructed of concrete for the best in acoustic protection between units. This spacious 3 bed, 3 bath unit has a large deck with Brazilian Ipe wood overlooking Okauchee Lake. There is a boathouse with storage units for all of your lake gear that is conveniently accessed through a tunnel. Enjoy 350 ft. of shoreline with 5 piers so each unit has a private boat slip. Inside the unit has a handsome wood timber ceiling, maple floors, walls of windows, and gourmet kitchen. This unit has a private garage in the heated underground parking garage. See the documents tab for other special features!

Last Agent to Sell the Property

Bill Minett

The Real Estate Company Lake & Country License #18978-90 Listed on: 10/24/2023

Last Buyer's Agent

The Wesell Group*

Keller Williams-MNS Wauwatosa License #89239-94

Keller Williams-MNS Wauwatosa

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,434

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,734 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Access To Lake
  • Boat Slip
  • Balcony

Schools

  • Oconomowoc High School

Utilities

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

Community Details

Overview

  • 10 Units
  • Mid-Rise Condominium
  • The Waters Condos

Recreation

  • Community Boat Slip

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,434

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$1,000 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Range, Refrigerator, Dishwasher, Microwave, Boat Slip
  • Directions: From Hwy. 16 exit Sawyer Road, north to Wisconsin Ave., west to property.
  • New Construction: Yes
  • Year Built: 2021
  • AssociationCommonAmenities: Boat Slip / Pier, Elevator, Security
  • CondoFeeMonthly: 1000.0
  • CondoUnitType: 1 Story, End Unit
  • Full Street Address: N52W35002 Lake DRIVE #203
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: Town
  • Property Water Features: Lake, Boat Slip/Ramp, View of Water, Waterfrontage on Lot
  • Lot Description Waterfront: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: None / Slab
  • Interior Amenities: High Speed Internet, In-Unit Laundry, Storage Lockers, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 2734.00

Exterior Features

  • Exterior Features: Balcony, Patio/Porch
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Brick/Stone, Stone, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, Opener Included, Underground, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Assigned, Additional For Sale

Utilities

  • Water Waste: Municipal Sewer, Shared Well

Association/Amenities

  • Condominium Name: The Waters
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 10

Schools

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

Lot Info

  • Zoning: RES

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 27, 2023
Sold by
Okauchee-The Waters Llc
Bought by
Erickson Suzanne K and Erickson Scott W
Seller's Agent
Bill Minett
The Real Estate Company Lake & Country
Buyer's Agent
The Wesell Group*
Keller Williams-MNS Wauwatosa
List Price
$1,795,000
Sold Price
$1,725,000
Premium/Discount to List
-$70,000
-3.9%
Views
87
Current Estimated Value
$1,747,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,155
Avg. Annual Appreciation
0.70%
Original Mortgage
$650,000
Outstanding Balance
$639,337
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$1,107,818
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Erickson Suzanne K $1,725,000 Knight Barry Title
Erickson Suzanne K $1,725,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Suzanne K $650,000
Closed Erickson Suzanne K $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $1,725,000 -3.9% $631 / Sq Ft
10/24/2023 10/24/23 For Sale $1,795,000 -- $657 / 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 $10,434 $922,200 $300,000 $622,200
2023 $9,842 $922,200 $300,000 $622,200
Source: Public Records

Agents Affiliated with this Home

  • Bill Minett

    Seller's Agent in 2023

    Bill Minett

    The Real Estate Company Lake & Country

    (414) 313-3211

    12 in this area

    137 Total Sales

    Bill Minett
    Section Image

  • T

    Buyer's Agent in 2023

    The Wesell Group*

    Keller Williams-MNS Wauwatosa

    (414) 651-9247

    4 in this area

    90 Total Sales

    The Wesell Group*
    Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1855323

Metro MLS

APN: OCOT-0569-039-007

Wisconsin Waukesha County Okauchee Lake 53066

N52W35002 W Lake Dr Unit 203, Okauchee Lake, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes