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For sale
  • Price cut: $249K (6/11)
    $2,950,000

    1012 Hill St, Milford, IA 51351

    4beds
    4,136sqft
    : 
    $21,199/mo
    Get pre-qualified
    Single Family Residence
    Built in 2010
    0.25 Acres Lot
    $-- Zestimate®
    $713/sqft
    $-- HOA

    What's special

    Wet barImpeccable craftsmanshipUninterrupted panoramic lake viewsCustom millworkDesigner fixtures throughoutExpansive projection screenMature trees
    An Extraordinary West Lake Okoboji Waterfront Estate | 50’ of Premier Frontage in Miller’s Bay Experience refined lakefront living in this exceptional custom-built residence, perfectly positioned on 50 feet of pristine West Lake Okoboji shoreline in the coveted Miller’s Bay enclave of Wahpeton. Designed for discerning buyers, this four-bedroom, five-bath home offers a seamless blend of timeless elegance, modern luxury, and effortless comfort. From the moment you enter, the home captivates with expansive open-concept living spaces framed by floor-to-ceiling windows that showcase uninterrupted panoramic lake views. Natural light floods the interior, highlighting exquisite finishes and impeccable craftsmanship throughout. At the heart of the home, the gourmet kitchen is both striking and functional—appointed with state-of-the-art appliances, custom cabinetry, granite countertops, and an oversized island ideal for elevated entertaining. Enjoy the benefit of a dumb-waiter from the garage to the kitchen! Flowing effortlessly into the main living and dining areas, the space is designed for hosting gatherings both intimate and grand. The primary suite is a private sanctuary with a spa-inspired en-suite bath with dual vanities and a walk-in shower. Upstairs, two generously sized guest suites each offer their own bathrooms (one is with an ensuite), providing comfort and privacy for family and visitors alike. The lower level is an entertainer’s haven, complete with a fully equipped home theater, wet bar, and expansive projection screen—perfect for unforgettable evenings. Outdoors, the property truly shines. An expansive lakeside patio invites alfresco dining and sunset gatherings, enhanced by an integrated outdoor sound system. A private dock offers immediate access to boating, fishing, and water recreation, while professionally designed landscaping, mature trees, and custom lighting create a serene, resort-like setting. A partially heated driveway and sidewalks ensure effortless year-round living. Additional highlights include advanced smart home technology for seamless control of lighting, sound, security, and climate, as well as imported Italian tile, custom millwork, and designer fixtures throughout. The home was thoughtfully built for an elevator to be easily installed. This remarkable waterfront home delivers a rare combination of sophistication, privacy, and premier location—ideal as a legacy property, year-round residence, or luxury seasonal retreat.
    193 days
    |
    732
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Schaben PRIM:712-330-4773,

    Keller Williams Okoboji,

    Jen Schaben 319-325-5075,

    Keller Williams Okoboji

    Source: Iowa Great Lakes BOR,MLS#: 251609MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 2
      Dining room
      • Features: Breakfast Bar, Combine Living Room, Combine with Kitchen, Informal
      Heating
      • Fireplace(s), Forced Air, In-Floor
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range/Stove, Refrigerator, Washer, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, Humidifier, Electric Water Heater, Water Osmosis System, Water Softener Owned
      • Laundry: Main Level
      Features
      • Ceiling Fan(s), Kitchen Island, Main Floor Bedrooms, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
      • Basement: Egress Windows,Finished,Sump Pump,Concrete,Full
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 5,079
      • Total interior livable area: 4,136 sqft
      • Finished area above ground: 4,136
      • Finished area below ground: 943
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Concrete, Attached
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Dock
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Waterfront, Lake
      • Body of water: West Okoboji Lake
      • Frontage length: Waterfront Frontage: 50
      Lot
      • Size: 0.25 Acres
      • Dimensions: 50 x 50 x 215 x 215
      • Features: High Bank, Landscaped, Paved, Wooded, Waterfront-Deep
      Details
      • Parcel number: 0623404004
      • Other equipment: Sump Pump, Irrigation Equipment

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Masonite, Stone, Stucco, Stick Built
      • Roof: Asphalt
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2010

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Security: Security System, Smoke Detector(s)
      • Subdivision: IA
      Location
      • Region: Milford

      Financial & listing details

      • Price per square foot: $713/sqft
      • Tax assessed value: $2,656,600
      • Annual tax amount: $19,572
      • Date on market: 1/12/2026
      • Listing terms: Cash
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/11/2026Price change$2,950,000-7.8%$713/sqft
        Source: Iowa Great Lakes BOR #251609 Report a problem
        1/12/2026Listed for sale$3,199,000-8.5%$773/sqft
        Source: Iowa Great Lakes BOR #251609 Report a problem
        11/24/2025Listing removed$3,495,000$845/sqft
        Source: Iowa Great Lakes BOR #250038 Report a problem
        5/22/2025Price change$3,495,000-3.6%$845/sqft
        Source: Iowa Great Lakes BOR #250038 Report a problem
        1/16/2025Listed for sale$3,625,000-6.5%$876/sqft
        Source: Iowa Great Lakes BOR #250038 Report a problem
        1/14/2025Listing removed$3,875,000$937/sqft
        Source: Iowa Great Lakes BOR #240676 Report a problem
        8/23/2024Price change$3,875,000-7.7%$937/sqft
        Source: Iowa Great Lakes BOR #240676 Report a problem
        6/17/2024Listed for sale$4,200,000$1,015/sqft
        Source: Iowa Great Lakes BOR #240676 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,572 -2.8%$2,656,600 +23.5%
        2024$20,128 +26.3%$2,150,700
        2023$15,932 -0.7%$2,150,700 +49.7%
        2022$16,040 -1.9%$1,437,100
        2021$16,350 +8.6%$1,437,100 +4%
        2020$15,055 +9.1%$1,382,100
        2019$13,803 +14.2%$1,382,100 +11.2%
        2018$12,085 -9.6%$1,243,100
        2017$13,370 +10.6%$1,243,100 +4.8%
        2016$12,086 +4.3%$1,186,600
        2015$11,588 +7.2%$1,186,600 +8.7%
        2014$10,812 +4.7%$1,091,300
        2013$10,330 +118.9%$1,091,300
        2007$4,720 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 51351

        Getting around

        1 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Okoboji

        Source: Iowa Great Lakes BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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