$1,150,000

550 Lake Bluff Dr Oconomowoc, WI 53066

Estimated payment $6,935/month

Total Views 15,544
5 Beds
3.5 Baths
3,880 Sq Ft
$296 Price per Sq Ft

Highlights

  • Water Views
  • Open Floorplan
  • Ranch Style House
  • Greenland Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

This show-stopping home has it all! Sought after Oconomowoc location with exclusive frontage and access to private Crystal Lake. This 5 bedroom beautifully updated ranch home wows from the moment you walk in the front door. Offers a main level master retreat, spacious open concept living, high ceilings, updated, light bright and airy design with plenty of gorgeous space for entertaining inside and out. The lower level grants access to your lakefront as well as fabulous additional living space. Fish, swim, kayak, float or just enjoy the view. You will love coming home.

Listing Agent

Karen Patrick

First Weber Inc - Delafield License #80864-94 Listed on: 04/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,374

Parking

  • 2.75 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Ceilings are 8 Feet High
  • Sump Pump
  • Finished Basement Bathroom
  • Basement Windows

Outdoor Features

  • Deck
  • Patio

Schools

  • Greenland Elementary School
  • Nature Hill Middle School
  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • 0.42 Acre Lot

Community Details

  • Property has a Home Owners Association
  • Lakewood Estates Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property, TV & Mount above fireplace
  • Assessor Parcel Number OCOC0543090

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,374

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.42
  • Inclusions: Oven/Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Water Softener (owned), Disposal, EDO, Remote, LL Mini Fridge, LL Microwave, LL TV Mount, Steam Shower, Pool Table
  • Subdivision Name: Lakewood Estates
  • Directions: Hwy 67 to Lake Bluff Dr
  • Above Grade Finished Sq Ft: 2260
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: 1 Story, Exposed Basement
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Accessibility Features: Level Drive, Open Floor Plan, Full Bath on Main Level, Laundry on Main Level, Bedroom on Main Level
  • Has Basement: Full, Walk Out/Outer Door, Poured Concrete, Shower, Full Size Windows, 8+ Ceiling, Sump Pump, Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1620
  • Interior Amenities: Gas Fireplace, Wet Bar, Pantry, Cable TV Available, Wood or Sim Wood Floors, Kitchen Island, Split Bedrooms, Walk-In Closet(s), High Speed Internet

Exterior Features

  • Lot Features: View of Water, Sidewalk
  • Exclusions: Seller's Personal Property, TV & Mount above fireplace
  • Construction Type: Stone, Fiber Cement
  • Exterior Features: Patio, Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.75
  • Parking Features: Paved, Garage Door Opener
  • Garage Type: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, Radiant Floor
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Greenland
  • Junior High Dist: Oconomowoc Area
  • High School: Oconomowoc
  • Middle Or Junior School: Nature Hill

Lot Info

  • Current Use: Subdivision
  • Lot Size Sq Ft: 18295.2
  • Parcel #: OCOC0543090

Tax Info

  • Tax Annual Amount: 7373.54
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,374 $687,800 $167,200 $520,600
2023 $7,535 $670,200 $149,600 $520,600
2022 $8,895 $643,800 $123,200 $520,600
2021 $7,722 $565,800 $123,200 $442,600
2020 $8,330 $478,700 $118,800 $359,900
2019 $8,101 $478,700 $118,800 $359,900
2018 $7,824 $478,700 $118,800 $359,900
2017 $7,741 $478,700 $118,800 $359,900
2016 $7,833 $478,700 $118,800 $359,900
2015 $7,780 $478,700 $118,800 $359,900
2014 $8,201 $478,700 $118,800 $359,900
2013 $8,201 $505,200 $126,900 $378,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $1,150,000 +53.3% $296 / Sq Ft
07/31/2024 07/31/24 Sold $750,000 0.0% $179 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $750,000 -- $179 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 None Listed On Document
Warranty Deed $265,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Credit Line Revolving
Previous Owner $175,000 Credit Line Revolving
Previous Owner $430,700 New Conventional
Previous Owner $472,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Credit Line Revolving
Previous Owner $593,400 Fannie Mae Freddie Mac
Source: Public Records

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Source: Metro MLS

MLS Number: 1913319

Metro MLS

APN: OCOC-0543-090