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$198,500 Just Listed
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Property Description
All realtors and clients need entry pass for Lake Summerset .. Please email all names to drmorgan57@gmail.com earnest money to be held by Security First Title Co 3963 W. Riverside Blvd. Rockford, IL 61101 (815) 226-2278 Fax: (815) 226-9029 Lakefront Lot in Lake Summerset. Almost 1/2 acre with improved shoreline and terrific south facing sightlines across the broadest expanse of the lake. Easy access to the exits and located in the Durand School district. Just a slight slope down to the water from the road. Extra wide at 110' to allow for most any home configuration. You never have to build on the land but you are able to put a dock on the shore. The private community of Lake Summerset is legendary for its excellent fishing, featuring trophy muskies and huge bass. We offer two pristine beaches, fine water skiing, tubing, and the opportunity to raft up pontoons and float the day away in the bays. Our 24/7 manned, guarded entry gate ensures security. The area also includes attractive and affordable private campgrounds, forty parks (twelve of them are waterfront), two marinas, and a seasonal outdoor pool. The homes and grounds are well-maintained, and the community enjoys high-quality drinking water, underground utilities for a dark sky community, and friendly neighbors who are happy to be here. Conveniently located just 90 minutes from O'Hare Airport and 55 minutes from the state capital in Madison, Lake Summerset is an ideal place to live and relax or just get away for the weekend.
Full Property Details
Full Property Details for 1551 Pier Dr
General
- Price: $198,500
- HOA FEE: $98/month
- HOA FEE FREQ.: Yearly
- Taxes: $1,785 (2024)
- Status: Active
- Type: Lots/Land
- Source: 2606
- MLS ID: 202601348
- Updated: 3/12/2026
- Added to Site: 1 day(s) ago
Location
- Area: Winnebago County
- County: Winnebago
- Subdivision: IL
School Information
- School District: Durand 322
- Elementary School: Durand Elementary
- Middle School: Durand Jr High
- High School: Durand High
Utilities
- Sewer: City/Community
- Water: City/Community
Lot Features
- Topography: Slope to Rear
Financial Considerations
- Price Per Sq. Ft.: $422,340.43
- For Sale/Rent/Lease: For Sale
- Association Fee: $1,175
- Assoc Fee Freq.: Yearly
- Tax Amount: $1,785
- Tax Year: 2024
Disclosures and Reports
- Legal Description: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1551
- Flood plain: Yes
Listed by Morgan Realty, Inc.
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Schools
Schools serving 1551 Pier Dr
School District:Durand Community Unit School District 322
| Name | Grades | Distance |
|---|---|---|
Durand Elementary School 200 West South Street, Durand, IL 61024 | PK-6 | 2.9 mi |
Durand Jr High School 200 West South Street, Durand, IL 61024 | 7-8 | 2.9 mi |
Durand High School 200 West South Street, Durand, IL 61024 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1551 Pier Dr
Date
Details
Price
Change
Source
3/12/2026
Listed
$198,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1551 Pier Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,786
10%
$23,835
17%
2023
$1,626
9%
$20,424
13%
2022
$1,493
-2%
$18,042
9%
2021
$1,527
—
$16,613
4%
2021
$1,527
2%
$15,985
3%
2019
$1,503
-2%
$15,580
6%
2017
$1,535
-6%
$14,663
—
2016
$1,633
—
$14,663
—
2015
$1,634
2%
$14,663
—
2014
$1,608
4%
$14,663
-2%
2018
$1,544
-4%
$14,956
-4%
2013
$1,615
-34%
$15,512
-39%
2012
$2,464
—
$25,512
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1551 Pier Dr
1551 Pier Drive, Davis, IL 61019 (MLS# 202601348) is a Lots/Land property with a lot size of 0 acres. 1551 Pier Drive is currently listed for $198,500 and was received on March 12, 2026. Want to learn more about 1551 Pier Drive? Do you have questions about finding other Lots/Land real estate for sale in Davis? You can browse all Davis real estate or contact a Coldwell Banker agent to request more information.

