2707 1st St, Milford, IA 51331
What's special
There are lake homes...and then there are legacy properties. Perfectly positioned entering Brown's Bay of West Lake Okoboji, this newly completed custom home offers nearly 5,000 square feet of luxury living in one of the most sought-after locations in the Iowa Great Lakes. With breathtaking blue-water views, unforgettable sunsets, and a location just a short walk or golf cart ride from Arnolds Park, this home was designed for generations of memories. From the moment you walk through the front door, the lake commands your attention. Walls of glass frame panoramic views while the open-concept design effortlessly blends indoor and outdoor living. The great room, anchored by a stunning floor-to-ceiling stone fireplace, flows into a chef-inspired kitchen featuring an oversized quartz island, premium finishes, a butler's pantry, and a full wet bar—creating the perfect setting for entertaining on any scale. The main-level primary suite is a private retreat overlooking the lake, complete with a spa-inspired bathroom featuring a soaking tub, custom tiled walk-in shower, dual vanities, an oversized walk-in closet, and the convenience of an adjoining laundry room. The walkout lower level was designed with family and guests in mind. A spacious lakeside family room with a second full wet bar creates another incredible gathering space, while the additional bedrooms—including an impressive bunk room with four king-size beds—offer room for everyone to enjoy weekends and holidays at the lake. A second laundry room, drop zone with custom cubbies, and abundant storage make lake living both effortless and organized. Step outside and experience everything that makes West Lake Okoboji so special. Covered patios on both levels provide front-row seats to spectacular sunsets, while professionally designed landscaping, natural limestone stairways, and the shared trolley create easy access to the shoreline. Whether you're spending the day on the water, relaxing by the fire, or entertaining friends overlooking Brown's Bay, every space has been thoughtfully designed to maximize the lakefront experience. Additional highlights include a heated oversized three-car garage, premium craftsmanship throughout, and the rare opportunity to own a brand-new luxury home on one of West Lake Okoboji's most coveted shorelines. Luxury. Location. Lifestyle.
- 48 days |
- 732 |
- 26 |
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Aaron Jones aaron@bojihomes.com,
RE/MAX Lakes Realty
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Fireplace(s), Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer, Gas Water Heater
- Laundry: Main Level, Washer/Dryer Hkups
Features
- Broadband Avail, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Main Floor Bedrooms, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Flooring: Tile
- Basement: Egress Windows,Finished,Walk-Out Access,Concrete,Full
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 4,900
- Total interior livable area: 4,900 sqft
- Finished area above ground: 2,450
- Finished area below ground: 2,450
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Attached, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Boat Slip, Dock, In-Grnd Sprklr Sys, Water Feature
- 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: 0.26 Acres
- Dimensions: 50 x 225
- Features: Paved, Wooded, Waterfront-Deep
Details
- Parcel number: 0730351026
- Other equipment: Irrigation Equipment
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Stone, Stick Built
- Roof: Asphalt
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected
Community & HOA
Community
- Subdivision: IA
Location
- Region: Milford
Financial & listing details
- Price per square foot: $764/sqft
- Tax assessed value: $2,008,800
- Annual tax amount: $15,902
- Date on market: 7/24/2026
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Pending sale | $3,745,000$764/sqft |
Source: | ||
| 7/24/2026 | Listed for sale | $3,745,000$764/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,902 -1.9% | $2,008,800 +14.1% |
| 2024 | $16,204 +31.8% | $1,760,000 |
| 2023 | $12,298 +6.8% | $1,760,000 +55.6% |
| 2022 | $11,518 +6.9% | $1,131,000 |
| 2021 | $10,778 -0.6% | $1,131,000 +13.4% |
| 2020 | $10,847 +15% | $997,300 |
| 2019 | $9,430 +19.5% | $997,300 +16.2% |
| 2018 | $7,890 -8.2% | $858,400 |
| 2017 | $8,592 +10% | $858,400 +5% |
| 2016 | $7,808 +3.4% | $817,300 |
| 2015 | $7,554 +2.7% | $817,300 +4.4% |
| 2014 | $7,352 +5% | $783,200 |
| 2013 | $7,000 | $783,200 |
Find assessor info on the county website
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.