407 W Lake St

Lake Mills, WI
$ 649,000 Beds 10 Baths 6.5 Sq 7,874
Monthly Estimate* How much can I afford?

An amazing opportunity to own a piece of history in Legendary Lake Mills. A perfect location near Bartels Beach at Rock Lake, commons park, shopping/restaurants downtown. This remarkable building was constructed as The Rock Lake Hotel in 1900 and then converted to The Lakeside Apartments in 1922. The entire main level has been remodeled into a extraordinary 2 Bedroom unit, 2.5 Bath unit with a gourmet kitchen, formal dining room, living room with fireplace and 2 dens. Zoning may allow conversion to condos (see plans in docs) or use as an extravagant single family home- the main entry way leads to all units, there wouldn't be anything structural needed to use as a single family. Parking pad for future 6 car garage, a carriage house and another storage building.

Single Family

  • Price
  • $ 649,000
  • Lot Size
  • 0.56 Acres
  • Bedrooms
  • 10
  • Sqr Footage
  • 7,874
  • Full Bathrooms
  • 6
  • Year Built
  • 1900
  • Half Bathrooms
  • 1
  • City, Zip
  • Lake Mills
  • Taxes
  • $ 8888
  • County
  • JEFFERSON
  • Style
  • Area
  • LAKE MILLS - C
  • MLS#
  • 1922324
  • Zip
  • 53551
Listing Provided by: EXP Realty, LLC
Data Source: South Central Wisconsin MLS (SCWMLS) - 258 - WI

Features

General

Basement Full
Class Single Family
County Jefferson
County Qtr Section Jefferson NW
Directions I94 to exit 259 (Lake Mills/Waterloo), South on Main St to W Lake St.
Exterior Features Storage building
Fireplaces Gas, 1 fireplace
Full Baths 6
Garage 3 car, Detached
Half Baths 1
Interior Features Wood or sim. wood floor, Walk-in closet(s), Walk-up Attic, Cable available, At Least 1 tub, Internet - Cable
Open House Date No
School District Lake Mills
Street Name Lake St
Style Other
Tax Year 2020
Year Built 1900
Zoning R1-4, MF

Interior Features

Bedroom 2 Level M
Bedroom 3 Level U
Bedroom 4 Level U
Dining Room Dimensions 14x15
Dining Room Level M
Heating/Cooling Forced air, Radiant, Central air
Kitchen Dimensions 14x15
Kitchen Features Range/Oven, Refrigerator, Dishwasher
Kitchen Level M

Exterior Features

Latitude 43.080299
Living Room Dimensions 11x22
Longitude -88.916412
Photo Count 58
Driveway Extra paving, Paved, Unpaved
Exterior Brick
Improvements 355400
Lot Description Sidewalk

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Madison, WI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Lake Mills Elementary School
Middle School Lake Mills Middle School
High School Lake Mills High School

Price History

10/20/2021 Listed $695,000
12/2/2021 7% - $649,000

Property vs Zip Code Average in 53551

Price
AVG $550K
$650K
Taxes
AVG $6,104
$8,888
Visits
AVG 38
78
Year Built
AVG 1937
1900

Map

407 W Lake St Lake Mills, WI is a Single Family Home for sale at $649000 with 7874 sqft and a lot size of 0.56 Acres Acre(s). 407 W Lake St Lake Mills has 10 bedrooms, 6 baths and was built in 1900. The property's zip code is 53551 which is in Lake Mills, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.