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$550,000 Just Listed
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Property Description
Rare opportunity to build your dream home with Miller Marriott in the heart of sought-after Elm Grove! Set on an established, tree-lined street, this homesite offers a beautiful setting with a flat backyard while still allowing for potential lower-level exposure--an ideal combination for a thoughtfully designed custom home. Enjoy the charm of Elm Grove with convenient access to the Village, parks, shopping and dining. Located in the highly regarded Elmbrook School District, including Tonawanda Elementary, Pilgrim Park Middle and Brookfield East High School. Bring your vision and create a one-of-a-kind Miller Marriott home in a location where opportunities to build new are increasingly rare.
Full Property Details
Full Property Details for 1030 Terrace Dr
General
- Price: $550,000
- Taxes: $7,433 (2025)
- Status: Active
- Type: Lots/Land
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1979684
- Updated: 9/9/2026
- Added to Site: Today
Location
- Municipality: Village
- County: Waukesha
- Driving Directions: Bluemound Rd to Elm Grove Rd, north to Terrace Dr, east to property at 1030 Terrace Dr.
- Location Details: Suburban
School Information
- School District: Elmbrook
- Elementary School: Tonawanda
- Middle School: Pilgrim Park
- High School: Brookfield East
Utilities
- Water/Sewer: Private Well, Sewer Lateral to Lot, Water Municipal
- Onsite: Electricity Available, Natural Gas Available
Structural Information
- Existing Structures: None
- Min Req - 1 Story: 1,600 Sq. Ft.
- Min Req - 2 Story: 1,900 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.52
- Frontage: Town/City Road
- Topography: Level, Sloped, Wooded
- Lot Features: Other
- Development Status: Other
- Potential Use: Residential
- Zoning: Residential, Residential - Single
Financial Considerations
- Tax Amount: $7,433.25
- Tax Year: 2025
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Schools
Schools serving 1030 Terrace Dr
School District:Elmbrook School District
| Name | Grades | Distance |
|---|---|---|
Tonawanda Elementary School 13605 Underwood River Parkway, Elm Grove, WI 53122 | PK-5 | 1.3 mi |
Pilgrim Park Middle School 1500 Pilgrim Parkway, Elm Grove, WI 53122 | 6-8 | 0.5 mi |
East High School, Brookfield, WI 3305 Lilly Road, Brookfield, WI 53005 | 9-12 | 2.6 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 1030 Terrace Dr
Date
Details
Price
Change
Source
9/09/2026
Listed
$550,000
—
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 1030 Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,433
4%
$533,500
—
2024
$7,160
10%
$533,500
20%
2023
$6,535
-2%
$445,000
—
2022
$6,640
-8%
$445,000
6%
2021
$7,217
-6%
$419,700
—
2020
$7,659
5%
$419,700
8%
2019
$7,270
5%
$390,100
—
2018
$6,907
-9%
$390,100
-2%
2017
$7,566
1%
$400,000
—
2016
$7,505
1%
$400,000
—
2015
$7,462
-5%
$400,000
-4%
2014
$7,839
4%
$416,400
12%
2013
$7,530
—
$372,000
—
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 1030 Terrace Dr
1030 Terrace Dr, Elm Grove, WI 53122 (MLS# 1979684) is a Lots/Land property with a lot size of 0.52 acres. 1030 Terrace Dr is currently listed for $550,000 and was received on September 09, 2026. Want to learn more about 1030 Terrace Dr? Do you have questions about finding other Lots/Land real estate for sale in Elm Grove? You can browse all Elm Grove real estate or contact a Coldwell Banker agent to request more information.

