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Pending
$3,745,000
4beds
4,900sqft

2707 1st St, Milford, IA 51331

4beds
4,900sqft
Single family residence
Built in 2026
0.26 Acres
3 Attached garage spaces
$764 price/sqft

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.

48 days
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732
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26
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Source: Iowa Great Lakes BOR,MLS#: 260864MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Aaron Jones aaron@bojihomes.com,

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: $764/sqft
  • Tax assessed value: $2,008,800
  • Annual tax amount: $15,902
  • Date on market: 7/24/2026

Price history

DateEventPrice
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

Monthly payment

Est. payment
$22,371/mo
Principal & interest
$19313
Property taxes
$3058
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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®️.

Neighborhood: 51331

Nearby schools

Okoboji Elementary School
Grades PK-42.5 miles
6/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
3/10
Okoboji Middle School
Grades 5-82.7 miles
6/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
4/10
Okoboji High School
Grades 9-122.4 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
College Readiness Rating
6/10
Student Progress Rating
3/10