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Pending
$625,000
3beds
1,136sqft

37738 Valley ROAD, Summit, WI 53066

3beds
1,136sqft
Single family residence
Built in 1940
0.37 Acres
2 Attached garage spaces
$550 price/sqft

What's special

First-floor laundryEat-in kitchenLarge sunroom

Opportunity awaits on beautiful Silver Lake! With 58 feet of pristine lake frontage and a spacious yard backing directly to the Lake Country Bike Trail, this property offers an incredible setting with endless potential. The existing 3-bedroom, 1.5-bath home is in need of significant renovation and is being offered as a true fixer-upper. Features include an eat-in kitchen, living room, den, large sunroom and first-floor laundry. A spacious 2.5-car garage with workbench area provides plenty of room for vehicles, lake toys and projects. Bring your contractor and your vision to renovate and transform the existing home or explore the possibilities of building your dream lake home. A rare chance to create something special on Silver Lake!

4 days
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1,571
|
50
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Likely to sell faster than

Source: WIREX MLS,MLS#: 1978657MLS LogoOriginating MLS: Metro MLS
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Kimberly Stark 414-704-6745,

First Weber Inc - Delafield

Source: WIREX MLS,MLS#: 1978657MLS LogoOriginating MLS: Metro MLS

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3
Primary bedroom
  • Level: Main
  • Area: 176
  • Dimensions: 16 x 11
Bedroom 2
  • Level: Main
  • Area: 120
  • Dimensions: 10 x 12
Bedroom 3
  • Level: Main
  • Area: 96
  • Dimensions: 12 x 8
Bathroom
  • Features: Tub Only, Ceramic Tile, Shower Over Tub
Kitchen
  • Level: Main
  • Area: 170
  • Dimensions: 10 x 17
Living room
  • Level: Main
  • Area: 221
  • Dimensions: 13 x 17
Office
  • Level: Main
  • Area: 96
  • Dimensions: 12 x 8
Heating
  • Natural Gas, Forced Air
Cooling
  • Central Air
Appliances
  • Included: Microwave, Oven, Range, Refrigerator, Water Softener Rented
Features
  • High Speed Internet, Pantry
  • Basement: Block,Full,Sump Pump
  • Attic: Expandable
Interior area
  • Total structure area: 1,136
  • Total interior livable area: 1,136 sqft
  • Finished area above ground: 1,136

Property

Parking
  • Total spaces: 2.5
  • Parking features: Garage Door Opener, Attached, 2 Car, 1 Space
  • Attached garage spaces: 2.5
Features
  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Deeded Water Access, Water Access/Rights, Waterfront, Lake, 51-100 feet
  • Body of water: Silver Lake
Lot
  • Size: 0.37 Acres
  • Features: Wooded
Details
  • Additional structures: Garden Shed
  • Parcel number: SUMT0611979
  • Zoning: Res

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subtype: Single Family Residence
Materials
  • Aluminum Siding, Aluminum/Steel
Condition
  • 21+ Years
  • New construction: No
  • Year built: 1940

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Point Well/Sand Point, Well
  • Utilities for property: Cable Available

Community & HOA

Location
  • Region: Oconomowoc
  • Municipality: Summit

Financial & listing details

  • Price per square foot: $550/sqft
  • Tax assessed value: $551,200
  • Annual tax amount: $4,791
  • Date on market: 9/1/2026
  • Inclusions: Refrigerator, Stove/Oven, Microwave
  • Exclusions: Water Softener (Rental)

Price history

DateEventPrice
9/5/2026Pending sale$625,000$550/sqft
Source: WIREX MLS #1978657 Report a problem
9/1/2026Listed for sale$625,000$550/sqft
Source: WIREX MLS #1978657 Report a problem

Public tax history

YearProperty taxesTax assessment
2024$4,120 +8.3%$404,700
2023$3,805 -11.3%$404,700
2022$4,291 +11.1%$404,700 +37.6%
2021$3,863 -3.9%$294,100
2020$4,020 -0.3%$294,100
2019$4,032 -13.8%$294,100
2018$4,680 -1.7%$294,100
2017$4,760 -11.3%$294,100
2015$5,363 +19%$294,100
2014$4,508 $294,100 -1.3%
2013$4,508 $298,000 -20.6%
2012-- $375,100
2011-- $375,100
2010$6,198 $375,100
2009-- $375,100
2008-- $375,100 +42.3%
2006-- $263,600
2005-- $263,600
2004-- $263,600
2003-- $263,600 +38.4%
2002-- $190,500
2001-- $190,500
2000-- $190,500

Find assessor info on the county website

Monthly payment

Est. payment
$3,723/mo
Principal & interest
$3187
Property taxes
$536
More affordability toolsChevron Right

Estimated market value

$619,600

$589,000 - $651,000

$3,818/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 53066

Nearby schools

Silver Lake Intermediate School
Grades 5-80.7 miles
8/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
6/10
Oconomowoc High School
Grades 9-121.3 miles
6/10
GreatSchools® Rating
College Readiness Rating
7/10
Student Progress Rating
6/10
Summit Elementary School
Grades PK-41.9 miles
8/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
5/10