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$490,000 Just Listed
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Property Description
This is a rare find! Lake Mills waterfront property on 1 acre with an unbeatable location. Situated on the Mill Pond, with direct access to Rock Lake and just a couple of blocks from downtown Lake Mills & Bartels Beach. Currently operating as a 3-unit rental with the vacant unit being recently updated. You can move right in and have renters pay your mortgage while you enjoy the prime location, convenience, & peaceful scenery. The right renovation could transform this into a stunning water-front single family home. Spacious, unique, & in a location you simply can't replicate. Whether you're looking to grow your portfolio or create your dream home on the water, this one deserves a closer look. Also listed as Multi-family MLS #1965984
Full Property Details
Full Property Details for 408 W Lake St #408 1/2
General
- Price: $490,000
- Taxes: $5,174 (2025)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1965982
- Updated: Today (6/12/2026)
- Added to Site: Today
Interior
- Interior Features: Cable TV Available, High Speed Internet, Pantry, Simulated Wood Floors, Walk-In Closet(s), Wood Floors
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom: At least one Bathtub, Shower over Tub, Shower Stall
Bedrooms
- Total Bedrooms: 4
- Bedroom 1: 15 x 14, Main Level
- Bedroom 2: 13 x 13, Main Level
- Bedroom 3: 15 x 8, Upper Level
- Bedroom 4: 14 x 9, Upper Level
Other Rooms
- Living Room: 14 x 11, Main Level
- Kitchen: 13 x 17, Main Level
- 2nd Kitchen: 10 x 12, Main Level
- Dining Room: 14 x 8, Main Level
Location
- County: Jefferson
- Driving Directions: I94 to Lake Mills, S on Hwy 89 (Main St), to right on West Lake St.
School Information
- School District: Lake Mills Area
- Elementary School: Lake Mills
- Middle School: Lake Mills
- High School: Lake Mills
Heating & Cooling
- Heating/Cooling: Electric, Natural Gas, Forced Air, Wall Heaters
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Two Story, Other
- Description/Design: Water Frontage on Lot
- Exterior Const.: Aluminum Siding
- Basement Desc.: Stone, Walk-Out/Outer Door
- Square Feet: 2,410
- Year Built: 1890
Lot Features
- Lot Size (Acres): 1
- Zoning: Res
Water Features
- Water Front: Yes
- Water Access Desc: Lake, Pier, Pond
- Water Front Name: Rock-Mill Pond
Financial Considerations
- Tax Amount: $5,174.02
- Tax Year: 2025
Listed by eXp Realty
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Schools
Schools serving 408 W Lake St #408 1/2
School District:Lake Mills Area School District
| Name | Grades | Distance |
|---|---|---|
Lake Mills Middle School 318 College Street, Lake Mills, WI 53551 | 5-8 | 0.2 mi |
Lake Mills Elementary School 155 East Pine Street, Lake Mills, WI 53551 | PK-4 | 0.7 mi |
Lake Mills High School 615 Catlin Drive, Lake Mills, WI 53551 | 9-12 | 0.7 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 408 W Lake St #408 1/2
Date
Details
Price
Change
Source
6/12/2026
Listed
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 408 W Lake St #408 1/2
408 W Lake St #408 1/2, Lake Mills, WI 53551 (MLS# 1965982) is a Single Family property with 4 bedrooms and 3 full bathrooms. 408 W Lake St #408 1/2 is currently listed for $490,000 and was received on June 12, 2026. Want to learn more about 408 W Lake St #408 1/2? Do you have questions about finding other Single Family real estate for sale in Lake Mills? You can browse all Lake Mills real estate or contact a Coldwell Banker agent to request more information.

