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$539,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,099 Sq. Ft.
  • 2 Car Garage
  • Updated 13 days ago
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Want to get ''Out of Town''? But not Too far? Here is your answer! This 3 bedroom, 2.5 bath Ranch home is set on a .357 acre lot in a wooded rural subdivision on the west side of Rock Lake. The shared Lake access is within walking distance. Lots of space and potential to freshen it up ''your style''. Walkout lower level is a great place to entertain with a bar area, half bath, a workshop, and still lots of room for storage. Two decks overlooking the backyard and all the nature without close neighbors. Deeded Lake Rights to a shared park area with lake frontage and pier for all to enjoy what Rock Lake has to offer.

Full Property Details for W8231 Lake Terrace

General

  • Price: $539,000
  • HOA FEE: $50
  • Taxes: $5,751 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1939912
  • Updated: 1/5/2026
  • Added to Site: 91 day(s) ago

Interior

  • Number of Rooms: 9
  • Interior Features: Gas Fireplace, High Speed Internet, Pantry, Skylight, Vaulted Ceiling(s), Wood Floors
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Rented

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom: Ceramic Tile, Off Master Bedroom, Shower over Tub

Bedrooms

  • Total Bedrooms: 3
  • Bedroom 2: 14 x 12, Main Level
  • Bedroom 3: 12 x 10, Main Level

Other Rooms

  • Foyer/Entry: 5 x 5, Main Level
  • Living Room: 25 x 18, Main Level
  • Family Room: 51 x 14, Lower Level
  • Kitchen: 11 x 10, Main Level
  • Dining Room: 10 x 8, Main Level
  • Sun Room/Solarium: 14 x 11, Main Level
  • Laundry: Main Level
  • Other Room 1: 14 x 11, Lower Level

Exterior

  • Exterior Features: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Garage Description: Electric Door Opener

Location

  • County: Jefferson
  • Subdivision: 2nd Add to Shorewood Hill
  • Driving Directions: County Road B west of Lake Mills to Shorewood Hills Rd., left to Upper Shorewood Hills Rd., right to Lake Terrace to property on the left.

School Information

  • School District: Lake Mills Area
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills

Heating & Cooling

  • Heating/Cooling: Natural Gas, Forced Air

Utilities

  • Water/Sewer: Municipal Sewer, Private Well

Structural Information

  • Architectural Style: Single Story, Exposed Basement, Ranch
  • Description/Design: Subdivision, Water Access/Rights
  • Exterior Const.: Wood
  • Basement Desc.: Full, Full Size Windows, Partially Finished, Poured Concrete
  • Square Feet: 3,099
  • Year Built: 1991

Lot Features

  • Lot Size (Acres): 0.36
  • Zoning: Res

Water Features

  • Water Front: Yes
  • Water Access Desc: Lake
  • Water Front Name: Rock Lake
  • Lake Front: Yes

Financial Considerations

  • Association Fee: $50
  • Tax Amount: $5,751
  • Tax Year: 2024

Listed by RE/MAX Community Realty

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— W8231 Lake Terrace —

  • RE/MAX Community Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving W8231 Lake Terrace

School District:Lake Mills Area School District
NameGradesDistance
Lake Mills Middle School
318 College Street, Lake Mills, WI 53551
5-81.3 mi
Lake Mills Elementary School
155 East Pine Street, Lake Mills, WI 53551
PK-41.6 mi
Lake Mills High School
615 Catlin Drive, Lake Mills, WI 53551
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for W8231 Lake Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$539,000
-1.08%
MLS
11/19/2025
Price Reduced
$544,900
-0.91%
MLS
10/19/2025
Listed
$549,900
88.97%
MLS
5/26/2005
Sold
$291,000
—
Public Record
Get Price Alerts and Save Property
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 for W8231 Lake Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,962
-5%
$403,700
—
2023
$6,255
1%
$403,700
—
2022
$6,178
5%
$403,700
—
2021
$5,902
9%
$403,700
—
2020
$5,438
1%
$403,700
27%
2019
$5,377
1%
$317,400
—
2018
$5,345
1%
$317,400
—
2017
$5,288
—
$317,400
—
2016
$5,280
9%
$317,400
—
2015
$4,847
3%
$317,400
6%
2014
$4,715
-5%
$298,100
—
2013
$4,986
—
$298,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Community Realty

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W8231 Lake Ter, Lake Mills, WI 53551 (MLS# 1939912) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. W8231 Lake Ter is currently listed for $539,000 and was received on October 19, 2025. Want to learn more about W8231 Lake Ter? 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.

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