408 W Lake #408 1/2
Lake Mills, Wisconsin 53551
4
Bed
3
Bath
2,410Sqft
1Acre(Lot)
This is a rare find! Lake Mills waterfront property on 1 acre with an unbeatable location. Situated on the Mill Pond, with direct access to Rock Lake and just a couple of blocks from downtown Lake Mills & Bartels Beach. Currently operating as a 3-unit rental with the vacant unit being recently updated. You can move right in and have renters pay your mortgage while you enjoy the prime location, convenience, & peaceful scenery. The right renovation could transform this into a stunning water-front single family home. Spacious, unique, & in a location you simply can't replicate. Whether you're looking to grow your portfolio or create your dream home on the water, this one deserves a closer look. Also listed as Multi-family MLS #1965984
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 4Bathroom Information
Full Baths: 3 Baths Description: At least one Bathtub,Shower Over Tub,Shower Stall
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Building Information
Year Built: 1890 -
Exterior Features
Aluminum SidingOther Information
Style: 2 Story Type: Waterfrontage on Lot Water Features: Lake,Pier,Pond Architecture: Other Basement: Stone,Walk Out/Outer Door Misc. Interior: Cable TV Available,High Speed Internet,Pantry,Simulated Wood Floors,Walk-In Closet(s),Wood Floors
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Lot Information
Lot Dimensions: Sidewalk,View of Water Waterfront: Public Records Body Of Water: Rock-Mill Pond -
Property Information
SQ ft (Living Area): 2,410 Est. Acreage: 1 City: Lake Mills County: Jefferson Direction: I94 to Lake Mills, S on Hwy 89 (Main St), to right on West Lake St.
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Listing Price Information
Original List Price: $490,000
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Tax Information
Annual Tax: $5,174 Tax Year: 2025
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Virtual Tour
Parking Information
Garage Spaces: 0.00 Garage Type: None
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School Information
Elementary School: Lake Mills Middle School: Lake Mills High School: Lake Mills School District: Lake Mills Area
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 411 Rosewood, Lake Mills, WI, 53551 | $459,500 | 3 | 2 | 1,753 | 1,753 SqFt |
| 1040 Center, Lake Mills, WI, 53551 | $424,999 | 4 | 2 | 1,920 | 1,920 SqFt |
| 942 Mulberry, Lake Mills, WI, 53551 | $389,900 | 4 | 3 | 2,036 | 2,036 SqFt |
| 721 W Madison, Lake Mills, WI, 53551 | $325,000 | 3 | 2 | 1,456 | 1,456 SqFt |
| 608 Ray, Lake Mills, WI, 53551 | $379,000 | 4 | 2 | 1,541 | 1,541 SqFt |
| W8135 Elm Point, Lake Mills, WI, 53551 | $525,000 | 2 | 1 | 720 | 720 SqFt |
| N5302 Crossman, Lake Mills, WI, 53551 | $975,000 | 6 | 3 | 5,940 | 5,940 SqFt |
| W8147 Elm Point, Lake Mills, WI, 53551 | $550,000 | 2 | 1 | 946 | 946 SqFt |
| N6209 Helena, Lake Mills, WI, 53551 | $950,000 | 3 | 2 | 3,953 | 3,953 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 22:46
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