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  • $555,000

    531 Milwaukee Ave E, Fort Atkinson, WI 53538

    4beds
    2,329sqft
    Single Family Residence
    Built in 1935
    0.25 Acres Lot
    $548,000 Zestimate®
    $238/sqft
    $2,497 Estimated rent

    Home value

    $548,000

    $521,000 - $575,000

    $2,497/mo

    Zestimate® history
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    What's special

    Enjoy riverfront living with direct access to the Rock River and just minutes to Lake Koshkonong in this Sears Catalog Craftsman home. Currently operating as a successful short-term rental, 153 five star reviews, 8.88% Cap rate, this property offers a rare opportunity as a turnkey vacation home, income-producing investment, or private waterfront retreat. Located on a quiet no-wake section of the river and close to Fort Atkinson amenities, the home features 4 bedrooms and 2.5 baths with multiple indoor and outdoor spaces designed for entertaining. A 2.5-car garage provides ample space for extra amenities, vehicles, storage, waterfront toys and more! Enjoy peaceful water views, fishing from the private pier, kayaking, paddleboarding, boating, and evenings around the fire pit. Above the garage, the Eagle’s Nest Lodge adds 625 sq ft of bonus space featuring a bar area, jukebox, and balcony overlooking the river—perfect for gathering and making memories.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Carrier,

    Best Realty of Edgerton

    Bought with:

    Billy Shipler, 83618-94

    Rock Realty

    Source: SCWMLS,MLS#: 2026565

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Lower
    • Area: 216
    • Dimensions: 18 x 12
    Bedroom 2
    • Level: Upper
    • Area: 270
    • Dimensions: 18 x 15
    Bedroom 3
    • Level: Upper
    • Area: 130
    • Dimensions: 13 x 10
    Bedroom 4
    • Level: Upper
    • Area: 130
    • Dimensions: 13 x 10
    Dining room
    • Level: Main
    • Area: 154
    • Dimensions: 14 x 11
    Kitchen
    • Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave
    • Level: Main
    • Area: 110
    • Dimensions: 11 x 10
    Living room
    • Level: Main
    • Area: 260
    • Dimensions: 13 x 20
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer
    Features
    • At Least 1 tub, Bonus Room
    • Windows: Window Coverings
    • Basement: Full,Partially Finished,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: 1 fireplace, Gas
    Interior area
    • Total structure area: 2,329
    • Total interior livable area: 2,329 sqft
    • Finished area above ground: 2,064

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 car, Attached, Heated Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Deck
    • On waterfront: Yes
    • Waterfront features: Waterfront, River Front, Dock/Pier
    • Body of water: Rock
    • Frontage length: Waterfront: 50
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 22605140324003
    • Zoning: Res

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Prairie/Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Fort Atkinson

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $326,100
    • Annual tax amount: $6,373
    • Date on market: 6/24/2026
    • Listing terms: Arms Length
    • Inclusions: All items/furnishings used for VRBO/Airbnb (see inclusions list in Associated Docs).

    Price history

    DateEventPrice
    8/31/2026Sold$555,000-2.5%$238/sqft
    Source: SCWMLS #2026565 Report a problem
    7/1/2026Contingent$569,000$244/sqft
    Source: SCWMLS #2026565 Report a problem
    6/24/2026Listed for sale$569,000+37.9%$244/sqft
    Source: SCWMLS #2026565 Report a problem
    4/30/2021Sold$412,500+3.2%$177/sqft
    Source: SCWMLS #1904212 Report a problem
    4/11/2021Pending sale$399,900$172/sqft
    Source: SCWMLS #1904212 Report a problem
    3/24/2021Listed for sale$399,900+72.4%$172/sqft
    Source: SCWMLS #1904212 Report a problem
    5/20/2008Sold$232,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,124 +0.8%$326,100
    2023$6,074 -8.6%$326,100 +38%
    2022$6,647 +15.2%$236,300 +2.2%
    2021$5,769 +4.7%$231,300
    2020$5,510 +3.6%$231,300
    2019$5,317 +11.3%$231,300 +3.1%
    2017$4,776 +23.8%$224,300 +28.6%
    2016$3,856 +0.6%$174,400
    2015$3,833 +3.5%$174,400
    2014$3,702 -2.6%$174,400
    2013$3,799 -0.5%$174,400
    2012$3,820 +1.7%$174,400
    2011$3,755 +2.7%$174,400
    2010$3,658 +3.4%$174,400
    2009$3,539 +10.8%$174,400 +6.9%
    2008$3,195 -2.1%$163,100
    2007$3,264 +2.5%$163,100
    2006$3,185 +4.9%$163,100 +36.8%
    2005$3,036 -5.2%$119,200
    2004$3,201 +3.1%$119,200
    2003$3,104 +2.7%$119,200
    2002$3,022 +26.6%$119,200 +22.4%
    2000$2,388 $97,400
    Find assessor info on the county website

    Neighborhood: 53538

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Purdy
    • Middle: Fort Atkinson
    • High: Fort Atkinson
    • District: Fort Atkinson

    Source: SCWMLS. 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
    $548,000
    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
    $548,000