A perfect complement to the natural beauty of the badger state, Wisconsin boasts over 15,000 natural and man made lakes. Covering over three percent of the state, the lakes are distributed throughout, with the largest lakes concentrated on the upper two thirds. Known for great walleye, bass, and the famous northern pike, these Wisconsin lakes all offer an abundance of natural beauty.
Listed below are some of the larger lakes throughout Wisconsin, but their qualities aren't simply determined by total surface area. Lakes throughout the state have their own distinct qualities and charm. The capital city of Madison, for example, is the only city in the world built on an isthmus - wedged between Lake Mendota and Lake Monona. Choosing a lake that meets your needs is a delicate and exciting process.
America's "third coast", Lake Michigan has over twelve million inhabitants along its 1,600 miles of coastline. Wisconsin's claim to the shoreline is heavily built-up, extending from its southernmost border to the tip of Door County - the "thumb" of the state. Many of Wisconsin cities - such as Milwaukee, Appleton and Green Bay - are located on the shores of Lake Michigan. Real estate here will often be more expensive than other lake property, with lake homes and cottages selling in excess of 3 million dollars. A behemoth among lakes, serious lake property owners will see the value in owning a peace of a shoreline on this veritable freshwater ocean.
The largest freshwater lake contained in Wisconsin, Lake Winnebago offers endless opportunities for lakefront property ownership. This naturally occurring lake is the third largest in the U.S., but only gets as deep as 21 feet. This relatively shallow depth is conducive to good nutrient flow, feeding a healthy and diverse fish population. Ice fishing is incredibly popular here, drawing as much as 10,000 fishermen daily during the season. Cities along its shores include Fond du Lac, Oshkosh, Menasha and Neenah. Home prices on the waterfront can vary, but the majority of homes are going for over 1 million dollars.
Birthplace of water skiing and birthplace of author Laura Ingalls Wilder, Lake Pepin is as full of life as it is history. The lake serves as the meeting point of the Chippewa and Mississippi rivers, as well as sharing a shore with Minnesota. Even though it covers over 40 sqaure miles, the lake doesn't exceed depth of 18 feet. Wintertime brings the formation of ice bridges across the lake. In this quiet area, modest lake homes & cottages can sell for as little as $80,000, but are predominantly priced at $300,000 and up.
Lake Petenwell and Castle Rock Lake
A hidden treasure, Juneau county is home to a two of Wisconsin's largest lakes - Castle Rock Lake and Lake Petenwell. Surrounded by small town and villages, waterfront homes around these lakes sell for around $260,000. Lake Petenwell is Wisconsin's second largest lake at almost 24,000 acres, while Castle Rock Lake weighs in as the sixth largest with a surface area of over 13,000 acres. Petenwell and Castle Rock flowages are formed by the damming of the Wisconsin River in nearby Necedah. Many Wisconsin lake property development opportunities exist in this fishing haven.
Lake Chippewa is a flowage that encompasses over 15,000 acres in Wisconsin's Northwoods. Located near Hayward in Sawyer County, this largely undeveloped flowage offers numerous islands and quiet bays for excellent fishing. Lake Chippewa is only one of many lakes clustered around Hayward. Lake homes and cottages on the lakeshore range in price from $300,000 to over 1.5 million.
Big Green Lake
Big Green Lake, in Green Lake County Wisconsin, is notable for being the deepest inland lake in Wisconsin, reaching depths of 237 feet. Locals will offer a different claim to fame - Wisconsin's largest lake trout was caught here on June 1st, 1957 and weighed over 35 pounds! Big Green Lake's limited shoreline - coupled with world-class fishing - makes property on its shores a highly prized commodity. Expect to find lake homes listed from $700,000 to well over 2 million dollars.
What to Consider Before Buying Wisconsin Lake Property
It is important for Wisconsin lake property buyers to consider their purpose for wanting lakefront property, before they set out to own a piece of this natural beauty. In addition to the generally higher cost, lakeshore property owners are also imbued with responsibility of maintaining this rich natural resource. In some cases this may be metaphorical, referring only to the need to help maintain the beauty of the lake. In other instance, there are clearly defined laws regarding lake usage, development and maintenance.
Many lakes, such as the aforementioned Lake Pepin, are hubs for various water-based activities. In the summertime, these lakes see significant water-skiing and power boating traffic, that may not be preferential to those seeking respite from a loud and busy world. Flowages like Lake Chippewa are better suited for quiet escapes and fishing trips, but don't have as much open water for activities like water skiing.
In Wisconsin, the Public Trust Doctrine makes all waterways public. WI lake property may have easement that specifies public access to the lake. Development is also carefully controlled by the county and Wisconsin Department of Natural Resources. It's important to study the lake and understand the local laws governing WI lake property, before rushing to build your dream lake home or cottage.
Wisconsin Lakeshore Property
You will not find this stock symbol on the Dow Jones.
More and more baby boomers are turning to Wisconsin lakeshore property as they enter their retirement years.
Wisconsin lakeshore property has some distinct advantages over the stock market. Not only are Wisconsin lakeshore owners seeing high returns year after year - they are able to finance and utilize their investment for recreation, retirement, and/or to generate cash flow.
Click Here to browse LakePlace.com's Wisconsin lakeshore property directory by city, state, lake, or region.
Watch the movies On Golden Pond, Great Outdoors, and Indian Summer, and you will see what being on a lake in Wisconsin is all about. Whether you are interested in fishing, swimming, boating, canoeing, water-skiing, or you would simply enjoy having a cup of coffee while watching the resident loons swim by as the morning fog rises off of the lake - Wisconsin lakeshore ownership offers something for almost everyone.
While the past decades have seen retirees flock to states like Florida and Arizona, northern states like Wisconsin are becoming more and more attractive, especially in the summer months. Wisconsin summers offer a mild climate with an average temperature of 67 degrees - allowing for short sleeve shirts and no air conditioning - this falls into the "just about perfect" category. With the ever steady increases in value of Wisconsin lakeshore property, the thought of spending summer months fishing, reading, or just watching nature from your deck overlooking the lake, while making a large return on investment, is becoming more and more attractive to many retirees. Cash Flow
So, you are an investor who loves dividends. Not to worry - ask the owners of the Wisconsin cabin rentals on LakePlace.com what kind of dividends they make on their investment. The Internet has made it much easier for Wisconsin lakeshore investors to generate positive cash flows on their properties. Websites like LakePlace.com allow cabin owners to advertise their property to a very large, targeted audience - creating an opportunity to generate cash flow on their investment. Another thing to keep in mind while considering an investment in Wisconsin lakeshore - you may be able to purchase a property with a very low down payment.
Vacation property financing is available - making it even more attractive to investors. The bank will not loan you money to invest in the stock market - but they will loan you money to invest in Wisconsin lakeshore.
Use our Agent Finder to contact one of our Wisconsin lakeshore specialists today!
Wisconsin lake property prices can vary greatly depending on many factors. Location, lake size, frontage type, lot size and many other pieces come into play when valuing lakeshore properties. The LakePlace.com Top Ten list includes the most expensive lake homes, lake lots and cities in Minnesota as well as a snap shot of today's lake property market. Please note that all prices shown are list prices, not actual sales prices. From time to time, the same listing may be entered into more than one MLS database which could affect the overall results. These numbers are provided for informational purposes only and LakePlace.com shall not be responsible or liable for any typographical errors, misinformation or misprints.
Top 10 Most Expensive Lake Homes
March 22, 2019
|590 S Lake Shore Dr - Lake Geneva WI||$14,500,000|
|N1860 N Black Pt Rd - Linn WI||$10,790,000|
|35308 Pabst Rd - Oconomowoc Lake WI||$10,500,000|
|W4396 Basswood Dr - Linn WI||$8,495,000|
|389 N Lake Shore Dr - Fontana WI||$7,395,000|
|N1619 E Lakeside Ln - Linn WI||$6,495,000|
|4425 N Sawyer Rd - Oconomowoc Lake WI||$6,495,000|
|W3608 Maple Ln - Linn WI||$5,900,000|
|W4446 Basswood Dr - Linn WI||$4,799,000|
|51261 WEE DR - Utica WI||$4,600,000|
Top 10 Most Expensive Lake Lots
March 22, 2019
|6990 BENGS ROAD - Three Lakes WI||$4,850,000|
|BENGS RD 6990 - Three Lakes WI||$3,780,000|
|SQUAW LAKE RD W ON - MINOCQUA WI||$3,716,669|
|Lt0 Southland Rd - Linn WI||$3,375,000|
|Lt0 Pabst Rd - Oconomowoc Lake WI||$3,199,000|
|BLOCKHOUSE LAKE RD 3770 - Park Falls WI||$2,990,000|
|7405 PAUL AVENUE - Weston WI||$2,900,000|
|W Raven Road - WAUSAUKEE WI||$2,800,000|
|23919 75th - Paddock Lake WI||$2,400,000|
|XX W First - Star Prairie WI||$2,360,000|
Top 10 Most Expensive Towns (average listing price)
March 22, 2019
|Oconomowoc Lake WI Lake Property||$5,098,200|
|Utica WI Lake Property||$4,600,000|
|Walworth WI Lake Property||$4,395,000|
|Chenequa WI Lake Property||$2,877,600|
|Linn WI Lake Property||$2,414,591|
|Lake Geneva WI Lake Property||$1,793,694|
|Whitefish Bay WI Lake Property||$1,645,000|
|Lac La Belle WI Lake Property||$1,629,900|
|Shelby WI Lake Property||$1,445,000|
|Wells WI Lake Property||$1,348,800|
Wisconsin Lake Property Listings
March 22, 2019
|Wisconsin Lake Property For Sale||6,869|
|Wisconsin Lake Cabins & Lake Homes For Sale||2,975|
|Wisconsin Lake Lots For Sale||3,539|
Wisconsin Lake Cabins & Lake Homes
March 22, 2019
|Total Market Value||$1,361,987,978|
|Average Asking Price||$457,812|
|Median Asking Price||$314,900|
Wisconsin Lake Lots
March 22, 2019
|Total Market Value||$458,338,540|
|Average Asking Price||$129,511|
|Median Asking Price||$74,900|
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