Skip main navigation
Active
  • Price cut: $105K (5/7)
    $995,000

    514 Sharpes DRIVE, Elkhart Lake, WI 53020

    3beds
    1,650sqft
    : 
    Loading
    Get pre-qualified
    Condominium, Single Family Residence
    Built in 1970
    -- sqft lot
    $955,300 Zestimate®
    $603/sqft
    $109/mo HOA

    What's special

    Boat slipBeachfront accessSpacious kitchenCozy wood-paneled interiorCharming woodland cottageShared pier
    Your rare chance to afford a vacation home on Elkhart Lake! Charming woodland cottage in Sharpes Resort Condominium offers shared pier, boat slip, and beachfront access, all on 16 beautiful wooded acres.(Many natural acres are conserved into perpituity). This stand-alone cottage/condo, ''Lovenest,'' is tucked in a quiet, grassy wooded setting away from the main green space--private yet just steps to the lakefront (900 feet of coastline!). Cozy wood-paneled interior delivers that classic ''up north'' feel. 3BR and 2BA with a spacious kitchen and great room are perfect for entertaining. Enjoy hiking, boating, and swimming, or walk to golf, restaurants, and bars in the village. Relax or dine at the nearby Osthoff Resort or Kohler spas. Close to 12 top golf courses and Road America racetrack.
    111 days
    |
    1,069
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lien Team Real Estate Group* 414-807-4800,

    First Weber Inc - Brookfield

    Source: WIREX MLS,MLS#: 1954379MLS LogoOriginating MLS: Metro MLS

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Bathroom
      • Features: Tub Only, Shower Over Tub, Shower Stall
      Heating
      • Electric, Natural Gas, Forced Air
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Window A/C, Disposal, Oven, Range, Refrigerator
      Features
      • High Speed Internet, Storage Lockers, Cathedral/vaulted ceiling, Kitchen Island
      • Flooring: Wood or Sim.Wood Floors
      • Windows: Skylight(s)
      • Basement: Block,Crawl Space,Partial
      Interior area
      • Total structure area: 1,650
      • Total interior livable area: 1,650 sqft
      • Finished area above ground: 1,650
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Attached, Surface
      • Has attached garage: Yes
      Features
      • Levels: One,1 Story
      • Stories: 1
      • Patio & porch: Patio/Porch
      • Exterior features: Private Entrance, Dock
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Lake, Deeded Water Access, Water Access/Rights, Waterfront
      • Body of water: Elkhart Lake
      Lot
      • Features: Wooded
      Details
      • Parcel number: 59121583480
      • Zoning: R1 PUD

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Single Family Residence
      Materials
      • Vinyl Siding, Wood Siding
      Condition
      • 21+ Years
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      HOA
      • Has HOA: Yes
      • Amenities included: Boat Slip / Pier, Common Green Space, Playground, Trail(s)
      • HOA fee: $109 monthly
      Location
      • Region: Elkhart Lake
      • Municipality: Elkhart Lake

      Financial & listing details

      • Price per square foot: $603/sqft
      • Tax assessed value: $454,400
      • Annual tax amount: $7,442
      • Date on market: 3/26/2026
      • Listing terms: REO/Foreclosure
      • Inclusions: Oven/Range, Refrigerator, Disposal, Window Treatments, Pier, Boat Slip, Boat Lift, Grill, Room Air Conditioners. Furnishings Negotiable
      • Exclusions: Sellers Personal Property

        Estimated market value

        $955,300

        $908,000 - $1.00M

        $2,236/mo

        Price history

        DateEventPrice
        5/7/2026Price change$995,000-9.5%$603/sqft
        Source: WIREX MLS #1954379 Report a problem
        4/13/2026Price change$1,100,000-8.3%$667/sqft
        Source: WIREX MLS #1954379 Report a problem
        3/26/2026Listed for sale$1,200,000$727/sqft
        Source: WIREX MLS #1954379 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,350 +3.4%$400,000
        2023$5,172 +9.6%$400,000 +49.4%
        2022$4,721 -4.4%$267,700 -0.3%
        2021$4,937 -0.4%$268,400
        2020$4,956 -6.4%$268,400
        2019$5,296 +4.1%$268,400
        2018$5,086 +0.4%$268,400
        2017$5,064 +7.5%$268,400
        2016$4,709 -1.5%$268,400
        2015$4,781 +3.6%$268,400
        2014$4,613 -0.4%$268,400
        2013$4,633 +0.9%$268,400
        2012$4,591 -2.9%$268,400
        2011$4,726 -4.9%$268,400
        2010$4,970 +5.1%$268,400
        2009$4,728 -0.7%$268,400
        2008$4,760 -5.7%$268,400 +28.9%
        2007$5,050 +4.1%$208,200
        2006$4,851 +2.6%$208,200 0%
        2005$4,726 +4%$208,205 +3.3%
        2004$4,544 +4.2%$201,600
        2003$4,361 +4.9%$201,600
        2002$4,159 +9.3%$201,600 +77.6%
        2001$3,804 $113,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 53020

        Getting around

        4 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Elkhart Lake
        • High: Elkhart Lake
        • District: Elkhart Lake-Glenbeulah

        Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes