Active

Price cut: $10K (8/26)

$480,000

408 W Lake St, Lake Mills, WI 53551

3beds

2,410sqft

$3,053/mo

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Single Family Residence

Built in 1890

0.58 Acres Lot

$457,600 Zestimate^®

$199/sqft

$-- HOA

What's special

This is a rare find! Lake Mills waterfront property on an oversized lot with an unbeatable location. Situated on the Mill Pond, with direct access to Rock Lake and just a couple of blocks from downtown Lake Mills & Bartels Beach. Currently operating as a 3-unit rental, with the vacant unit being recently updated. You can move right in and have renters pay your mortgage while you enjoy the prime location, convenience, & peaceful scenery. The right renovation could transform this into a stunning waterfront single-family home. Spacious, unique, & in a location you simply can't replicate. Whether you're looking to grow your portfolio or create your dream home on the water, this one deserves a closer look. Also listed as Multi-family MLS #2025197

--: on Zillow
608: views
11: saves

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 2

Primary bedroom

Level: Main
Area: 210
Dimensions: 15 x 14

Bedroom 2

Level: Main
Area: 169
Dimensions: 13 x 13

Bedroom 3

Level: Upper
Area: 120
Dimensions: 15 x 8

Dining room

Level: Main
Area: 112
Dimensions: 14 x 8

Kitchen

Features: Range/Oven, Refrigerator
Level: Main
Area: 221
Dimensions: 13 x 17

Living room

Level: Main
Area: 154
Dimensions: 14 x 11

Heating

Forced Air, Multiple Heating Units, Baseboard

Features

Walk-In Closet(s), At Least 1 tub, Second Kitchen, Den/Office, Other
Basement: Full,Walk-Out Access,Stone,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,410
Total interior livable area: 2,410 sqft
Finished area above ground: 2,410

Video & virtual tour

Property

Parking

Parking features: No Garage
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Porch, Enclosed
On waterfront: Yes
Waterfront features: Waterfront, Lake Front, Dock/Pier, Pond
Body of water: Rock-Mill Pond
Frontage length: Waterfront: 88

Lot

Size: 0.58 Acres
Features: Sidewalk

Details

Parcel number: 24607131411032
Zoning: Res

Construction

Type & style

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

Materials

Aluminum Siding

Condition

Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Internet - Cable

Community & HOA

Location

Region: Lake Mills

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $342,200
Annual tax amount: $5,174
Date on market: 6/5/2026
Inclusions: 3 refrigerators, 3 range/ovens
Exclusions: Seller and tenant's personal property

Estimated market value

$457,600

$435,000 - $480,000

$2,299/mo

Price history

Date	Event	Price
8/26/2026	Price change	$480,000-2%$199/sqft
Source: eXp Realty #1965982 Report a problem
7/2/2026	Listed for sale	$490,000$203/sqft
Source: SCWMLS #2025195 Report a problem
6/19/2026	Contingent	$490,000$203/sqft
Source: SCWMLS #2025197 Report a problem
6/12/2026	Listed for sale	$490,000+553.3%$203/sqft
Source: eXp Realty #1965982 Report a problem
1/2/2014	Sold	$75,000$31/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,623 -2.2%	$213,400
2023	$4,728 +4.8%	$213,400
2022	$4,513 +2%	$213,400
2021	$4,426 +4.1%	$213,400
2020	$4,251 -1.7%	$213,400
2019	$4,326 +2%	$213,400 +12.6%
2017	$4,241 -1.2%	$189,600
2016	$4,295 +3.1%	$189,600
2015	$4,164 -0.4%	$189,600
2014	$4,181 -2.4%	$189,600
2013	$4,283 +1%	$189,600
2012	$4,240 +21%	$189,600 +17%
2011	$3,505 -15.8%	$162,100 -8.4%
2010	$4,161 +2.5%	$176,900
2009	$4,058 -0.5%	$176,900
2008	$4,078 +11.4%	$176,900
2007	$3,659 +4.7%	$176,900
2006	$3,496 +0.5%	$176,900
2005	$3,480 -3%	$176,900 +36.4%
2004	$3,587 +2.9%	$129,700
2003	$3,486 -0.3%	$129,700
2002	$3,495 +6.5%	$129,700 -0.4%
2000	$3,282	$130,200