Active

$690,000

115 E Lake LANE, Colgate, WI 53017

4beds

2,048sqft

$4,210/mo

Get pre-qualified

Single Family Residence

Built in 1920

0.32 Acres Lot

$685,600 Zestimate^®

$337/sqft

$-- HOA

What's special

Rare opportunity on Lake Five! Escape to your own waterfront retreat with 78' of prime frontage. With no public boat launch, you're guaranteed the peaceful lake lifestyle you've been dreaming of. Set up as a duplex, live on the lake while tenants help pay your mortgage, or convert/build a stunning single-family dream home. Each unit offers 2 beds, 1 bath and a flex room overlooking the lake, the vision is there! The possibilities are endless and the location can't be beat: steps from a favorite local restaurant, an easy commute to Waukesha and Milwaukee, and all the perks of a private, full recreational lake. Conservancy land on the north shore keeps your views untouched for years to come. Don't miss this rare chance at lakefront living! Also listed as MLS #1972052.

36 days

1,063

33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Upper
Area: 224
Dimensions: 16 x 14

Bedroom 2

Level: Upper
Area: 192
Dimensions: 16 x 12

Bedroom 3

Level: Upper
Area: 120
Dimensions: 10 x 12

Bedroom 4

Level: Upper
Area: 120
Dimensions: 10 x 12

Bathroom

Features: Tub Only, Shower Over Tub

Family room

Level: Main
Area: 210
Dimensions: 14 x 15

Kitchen

Level: Main
Area: 180
Dimensions: 15 x 12

Living room

Level: Main
Area: 225
Dimensions: 15 x 15

Office

Level: Main
Area: 108
Dimensions: 12 x 9

Heating

Natural Gas, Forced Air

Cooling

Wall/Window Unit(s)

Appliances

Included: Window A/C, Oven, Range, Refrigerator

Features

High Speed Internet, Pantry, Walk-In Closet(s)
Basement: Crawl Space

Interior area

Total structure area: 2,048
Total interior livable area: 2,048 sqft

Video & virtual tour

Property

Parking

Total spaces: 1
Parking features: Detached, 1 Car
Garage spaces: 1

Features

Levels: Two
Stories: 2
Patio & porch: Patio
On waterfront: Yes
Waterfront features: Waterfront, Lake, 51-100 feet
Body of water: Lake Five

Lot

Size: 0.32 Acres

Details

Additional structures: Garden Shed
Parcel number: V10 1285
Zoning: Res

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

21+ Years
New construction: No
Year built: 1920

Utilities & green energy

Sewer: Septic Tank
Water: Shared Well
Utilities for property: Cable Available

Community & HOA

Location

Region: Colgate
Municipality: Richfield

Financial & listing details

Price per square foot: $337/sqft
Tax assessed value: $407,800
Annual tax amount: $6,391
Date on market: 7/18/2026
Inclusions: 2 Oven/Ranges, 2 Refrigerators.
Exclusions: Seller And Tenant's Personal Property.

Estimated market value

$685,600

$651,000 - $720,000

$2,366/mo

Price history

Date	Event	Price
7/18/2026	Listed for sale	$690,000$337/sqft
Source: eXp Realty #1972052 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,391 +4.6%	$407,800
2024	$6,112 +8.8%	$407,800
2023	$5,618	$407,800
2022	--	$407,800
2021	$5,337 +0.8%	$407,800 +18.4%
2020	$5,297 +3.1%	$344,400
2019	$5,140 +6%	$344,400
2018	$4,848 +8.9%	$344,400
2017	$4,454 -4.5%	$344,400 -3.6%
2016	$4,665 -1.6%	$357,100
2015	$4,740 -1.1%	$357,100
2014	$4,795 -5.9%	$357,100
2013	$5,094 -4.8%	$357,100
2012	$5,348 -1.9%	$357,100
2011	$5,450 +9.8%	$357,100 +4.9%
2010	$4,962 +1.5%	$340,300
2009	$4,886 +5.1%	$340,300
2008	$4,647	$340,300