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Sold for $3,700,000
  • $3,700,000

    2707 1st St, Milford, IA 51331

    4beds
    4,900sqft
    Single Family Residence
    Built in 2026
    0.26 Acres Lot
    $3,699,600 Zestimate®
    $755/sqft
    $-- Estimated rent

    Home value

    $3,699,600

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Full wet barAdjoining laundry roomRelaxing by the fireAbundant storageBreathtaking blue-water viewsUnforgettable sunsetsPremium finishes
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Jones aaron@bojihomes.com,

    RE/MAX Lakes Realty

    Bought with:

    Aaron Jones, B61252

    RE/MAX Lakes Realty

    Source: Iowa Great Lakes BOR,MLS#: 260864MLS Logo

    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

    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: $755/sqft
    • Tax assessed value: $2,008,800
    • Annual tax amount: $15,902
    • Date on market: 7/24/2026

    Price history

    DateEventPrice
    10/1/2026Sold$3,700,000-1.2%$755/sqft
    Source: Iowa Great Lakes BOR #260864 Report a problem
    8/29/2026Pending sale$3,745,000$764/sqft
    Source: Iowa Great Lakes BOR #260864 Report a problem
    7/24/2026Listed for sale$3,745,000$764/sqft
    Source: Iowa Great Lakes BOR #260864 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 51331

    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.