Lt7 W Terrace Dr, Franklin, WI 53132 - Photo 1

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$699,000 -$26,000 (-3.59%) Price Reduced

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Active
Lots/Land
6.46 Acres
Updated 14 hours ago

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Property Description

Discover an incredible opportunity to own 6.46 wooded acres in the desirable Franklin Plaza Subdivision. Unique parcel offers a peaceful, natural setting with mature trees & some wetland areas. Perfect for those who appreciate privacy & nature. Conveniently located near popular restaurants, shopping, & local bars, it's the ideal spot to enjoy both tranquility & easy access to amenities. With an entrance from Terrace Drive, this land provides a rare chance to design & custom build the property you've always envisioned. Franklin is a family-first community known for its safety, top-rated schools, & welcoming neighborhoods. Enjoy nearly 4,000 acres of parks, beautiful gardens, golf courses, & miles of scenic trails. Great for outdoor living all year long. It's a wonderful place to call home!

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Full Property Details

Full Property Details for Lt7 W Terrace Dr

General

Price: $699,000
Taxes: $3,438 (2024)
Status: Active
Type: Lots/Land
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1942850
Updated: 4/6/2026
Added to Site: 139 day(s) ago

Location

Municipality: City
County: Milwaukee
Driving Directions: 76th Street to Terrace Drive, (south of Rawson Ave) west to land.
Location Details: City

School Information

School District: Franklin Public
Middle School: Forest Park
High School: Franklin

Utilities

Water/Sewer: Sewer Lateral to Lot, Water Lateral to Lot
Onsite: None

Structural Information

Existing Structures: None

Lot Features

Lot Size (Acres): 6.46
Frontage: None
Topography: Level, Rolling/Hilly, Wetlands, Wooded
Lot Features: Near Recreation Area
Development Status: Raw Land
Potential Use: None
Zoning: R-8, Multi Units

Financial Considerations

Tax Amount: $3,438.62
Tax Year: 2024

Listed by Shorewest Realtors - South Metro

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Price & Sales History for Lt7 W Terrace Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/06/2026

Price Reduced

$699,000

-3.59%

MLS

11/18/2025

Listed

$725,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Lt7 W Terrace Dr, Franklin, WI 53132 (MLS# 1942850) is a Lots/Land property with a lot size of 6.46 acres. Lt7 W Terrace Dr is currently listed for $699,000 and was received on November 18, 2025. Want to learn more about Lt7 W Terrace Dr? Do you have questions about finding other Lots/Land real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.

Lt7 W Terrace Dr Franklin, WI 53132