Rare opportunity to own prime lakefront real estate on the majestic shores of Pewaukee Lake. This tear down property offers level frontage and highly desirable western exposure, providing unforgettable sunset views every evening. Located in the heart of the lake's most vibrant and social area, you're just steps from Gina's Sports Dock, Sunset Grill, and only minutes from the Lake Country Trail delivering the perfect balance of lake life and walkable convenience. The existing structure presents multiple possibilities: renovate within the current footprint, refresh for seasonal use, and/or design and build your custom lakefront retreat. Whether you're looking to build your luxury lake retreat or a high-demand Airbnb rental--this lot delivers on location, lifestyle and long term valuei
Closed
$875,000
W278N2381 Prospect AVENUE, Pewaukee, WI 53072
3beds
1,570sqft
Single Family Residence
Built in 1942
7,405.2 Square Feet Lot
$998,000 Zestimate®
$557/sqft
$2,132 Estimated rent
Home value
$998,000
$948,000 - $1.05M
$2,132/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 16, 2025 at 03:14am
Listed by:
Travis Tuttle 262-613-1628,
RE/MAX Service First
Bought with:
Travis R Tuttle
Source: WIREX MLS,MLS#: 1920155
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 315
- Dimensions: 15 x 21
Bedroom 2
- Level: Upper
- Area: 120
- Dimensions: 10 x 12
Bedroom 3
- Level: Upper
- Area: 120
- Dimensions: 10 x 12
Bathroom
- Features: Tub Only
Dining room
- Area: 120
- Dimensions: 12 x 10
Family room
- Level: Main
- Area: 378
- Dimensions: 21 x 18
Kitchen
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Living room
- Level: Main
- Area: 300
- Dimensions: 15 x 20
Heating
- Electric, Natural Gas, Forced Air
Appliances
- Included: Other
Features
- Basement: Full
Interior area
- Total structure area: 1,570
- Total interior livable area: 1,570 sqft
- Finished area above ground: 1,570
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Lake, 51-100 feet
- Body of water: Pewaukee Lake
Lot
- Size: 7,405 sqft
Details
- Parcel number: PWC 0935989
- Zoning: RS-7
- Special conditions: Arms Length
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & neighborhood
Location
- Region: Pewaukee
- Municipality: Pewaukee
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $875,000-12.5%$557/sqft |
Source:  WIREX MLS #1920155 | ||
| 6/6/2025 | Pending sale | $999,999$637/sqft |
Source: WIREX MLS #1920133 | ||
| 5/30/2025 | Listed for sale | $999,999+63.3%$637/sqft |
Source: WIREX MLS #1920155 | ||
| 12/19/2024 | Sold | $612,500$390/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $6,691 -3.4% | $560,200 |
| 2022 | $6,929 +0.2% | $560,200 |
| 2021 | $6,915 -6% | $560,200 +15.8% |
Find assessor info on the county website
Neighborhood: 53072
Nearby schools
GreatSchools rating
- NAPewaukee Lake Elementary SchoolGrades: PK-2Distance: 2.3 mi
- 9/10Asa Clark Middle SchoolGrades: 6-8Distance: 2.3 mi
- 10/10Pewaukee High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Pewaukee Lake
- Middle: Asa Clark
- High: Pewaukee
- District: Pewaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$998,000
2% more+ $19,960
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$1,017,960