The best opportunity to own a lake property at this price in all of Lake Country. This lake home is located on the channel of Lower Nemahbin Lake, with full access to both Lower and Upper Nemahbin Lakes. Bring your own builder and start planning your dream home. The property has 50 feet of lake frontage and slopes gently downhill from the existing house to the shoreline to allow you to potentially build a new home with multiple walk-out levels and lake view from every room. The current home located on the property is dated and would need substantial repairs, including flooring, electrical updates, drywall, kitchen appliances, etc. The existing garage would need to be rebuilt. Whether you choose to remodel or build new, this property is all about what it could become.
Closed
$465,000
34845 Elm STREET, Oconomowoc, WI 53066
3beds
1,226sqft
Single Family Residence
Built in 1839
0.32 Acres Lot
$487,300 Zestimate®
$379/sqft
$2,313 Estimated rent
Home value
$487,300
$453,000 - $526,000
$2,313/mo
Zestimate® history
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$2,313/mo
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$2,313/mo
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$2,918/mo
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$2,918/mo
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Zillow last checked:
Listing updated:
Listed by:
Aaron Werner 608-239-6542,
Lake Vida LLC
Bought with:
Aaron D Werner
Source: WIREX MLS,MLS#: 1912932
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 156
- Dimensions: 13 x 12
Bedroom 2
- Level: Upper
- Area: 64
- Dimensions: 8 x 8
Bedroom 3
- Level: Main
- Area: 112
- Dimensions: 14 x 8
Bathroom
- Features: Shower Over Tub
Dining room
- Level: Main
- Area: 63
- Dimensions: 9 x 7
Kitchen
- Level: Main
- Area: 36
- Dimensions: 9 x 4
Living room
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Natural Gas, Forced Air
Features
- Basement: Block,Full,Walk-Out Access
Interior area
- Total structure area: 1,226
- Total interior livable area: 1,226 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Detached, 1 Car
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Deeded Water Access, Water Access/Rights, Waterfront, Lake, Pier, 1-50 feet
- Body of water: Lower Nemahbin Lake
Lot
- Size: 0.32 Acres
Details
- Parcel number: SUMT0670049
- Zoning: Residential
- Special conditions: Arms Length
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1839
Utilities & green energy
- Sewer: Public Sewer
- Water: Point Well/Sand Point
Community & neighborhood
Location
- Region: Oconomowoc
- Municipality: Summit
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2025 | Sold | $465,000-13.1%$379/sqft |
Source:  WIREX MLS #1912932 Report a problem | ||
| 5/4/2025 | Contingent | $535,000$436/sqft |
Source: WIREX MLS #1915597 Report a problem | ||
| 4/17/2025 | Listed for sale | $535,000+27.4%$436/sqft |
Source: WIREX MLS #1912932 Report a problem | ||
| 10/16/2024 | Sold | $420,000+17%$343/sqft |
Source: WIREX MLS #1887343 Report a problem | ||
| 9/1/2024 | Pending sale | $359,000$293/sqft |
Source: WIREX MLS #1887343 Report a problem | ||
| 8/30/2024 | Listed for sale | $359,000$293/sqft |
Source: WIREX MLS #1887343 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,385 +9.4% | $247,200 |
| 2023 | $2,180 -11.4% | $247,200 |
| 2022 | $2,459 -7.3% | $247,200 +16.5% |
| 2021 | $2,651 -4.2% | $212,100 |
| 2020 | $2,767 +2.9% | $212,100 |
| 2019 | $2,689 -16.9% | $212,100 |
| 2018 | $3,235 -1.8% | $212,100 |
| 2017 | $3,295 -2.7% | $212,100 |
| 2015 | $3,386 +13.2% | $212,100 |
| 2014 | $2,990 | $212,100 -0.3% |
| 2013 | $2,990 | $212,800 -20.4% |
| 2012 | -- | $267,200 |
| 2011 | -- | $267,200 |
| 2010 | $3,669 | $267,200 |
| 2009 | -- | $267,200 |
| 2008 | -- | $267,200 +50.5% |
| 2006 | -- | $177,600 |
| 2005 | -- | $177,600 |
| 2004 | -- | $177,600 |
| 2003 | -- | $177,600 +67.9% |
| 2002 | -- | $105,800 |
| 2001 | -- | $105,800 |
| 2000 | -- | $105,800 |
Find assessor info on the county website
Neighborhood: 53066
Nearby schools
GreatSchools rating
- 8/10Summit Elementary SchoolGrades: PK-4Distance: 1.7 mi
- 8/10Silver Lake Intermediate SchoolGrades: 5-8Distance: 4 mi
- 6/10Oconomowoc High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- High: Oconomowoc
- District: Oconomowoc Area
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$487,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$487,300
- Wisconsin
- Waukesha County
- Summit
- 53066
- 34845 Elm STREET
Nearby cities
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