$490,000

4 Beds 3 Baths 2,410 Sqft

408 W Lake Street #408 1/2, Lake Mills, WI 53551

Property Type: Single-Family
Building Type: 2 Story
Time on Market: 18 days
Price per Sqft: $203
Waterfront: Y
Garage: Y
Total Taxes: $5,174
Est. Age: 21+ Years
Virtual Tour: View Tour

Description

This is a rare find! Lake Mills waterfront property on an oversized lot with an unbeatable location. Situated on the Mill Pond, with direct access to Rock Lake and just a couple of blocks from downtown Lake Mills & Bartels Beach. Currently operating as a 3-unit rental with the vacant unit being recently updated. You can move right in and have renters pay your mortgage while you enjoy the prime location, convenience, & peaceful scenery. The right renovation could transform this into a stunning water-front single family home. Spacious, unique, & in a location you simply can't replicate. Whether you're looking to grow your portfolio or create your dream home on the water, this one deserves a closer look. Also listed as Multi-family MLS #1965984

Property Details

Interior

Appliances:
  • Range, Refrigerator
Basement:
  • Stone, Walk Out/Outer Door
Baths:
  • Full Baths: 3
  • Bath Descriptions: Tub Only,Shower Over Tub,Shower Stall
Heating/Cooling:
  • Forced Air, Wall Furnace
Heat Fuel:
  • Electric,Natural Gas
Interior Features:
  • Cable/Satellite Available, High Speed Internet, Pantry, Simulated Wood Floors, Walk-in closet(s), Wood Floors
Sqft:
  • Total Sqft: 2,410
  • Lot Sqft Source: Other - See Remarks
  • Estimated Sqft Range: 2001-2500

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 15x14
Bedroom 2 13x13
Bedroom 3 15x8
Bedroom 4 14x9
Dining Room 14x8
Kitchen 13x17
Living Room 14x11
Kitchen 10x12

Exterior

Acreage:
  • Range: 0.5 to .99
  • Source: Other - See Remarks
Exterior:
  • Aluminum, Aluminum/Steel
Garage:
  • Details: None
Lot:
  • Description: Sidewalks
Style:
  • Other
Water:
  • Body of Water: Rock-Mill Pond
  • Features: Waterfrontage on Lot, Lake, Pier, Pond, 51-100 feet, View of Water
  • Waterfront: Y
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 53551
  • Zip+4: 1519
Street:
  • Direction Prefix: W
  • Name: Lake STREET
  • Suffix: STREET
  • Unit Number: 408 1/2
Tax Year:
  • 2025
Zoning:
  • Res

Map

Listing Agent-Provided Directions:
  • I94 to Lake Mills, S on Hwy 89 (Main St), to right on West Lake St.

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Schools and Neighborhood

Elementary School:
  • Lake Mills
Middle School:
  • Lake Mills
High School:
  • Lake Mills
School District:
  • Lake Mills Area
Postal City:
  • Lake Mills
Municipality:
  • Name: LAKE MILLS
  • Type: City
County:
  • JEFFERSON

Market Comparison

How this property compares to local market averages — calculated 7/1/2026

This Property
Lake Mills Single Family Home Avg
Jefferson County Single Family Home Avg
List Price
$490,000
$666,722
$493,465
Median Price
—
$499,900
$425,000
Price / Sq Ft
$203
$327
$238
Days on Market
18 days
41 days
43 days
Total Listings
—
31
212

Listing Information

  • Time on Market: 18 days
  • Place Perfect Last Updated: 2026-06-24 14:00:33
  • MLS Number: 1965982
  • Subsystem Locale: WIREX_METRO
  • Listing Office: eXp Realty
  • Listing Agent: Laura Staude Flood

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