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$1,000,000 -$485,000 (-32.66%) Price Reduced
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Property Description
Fantastic opportunity to make this land into a subdivision or an estate. Tax parcel shows 37 acres but only 27 are for sale, needs to be subdivided.
Full Property Details
Full Property Details for 4235 S Racine Ave
General
- Price: $1,000,000
- Taxes: $7,348 (2024)
- Status: Active
- Type: Lots/Land
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1935012
- Updated: 3/11/2026
- Added to Site: 181 day(s) ago
Location
- Municipality: City
- County: Waukesha
- Driving Directions: North of Observatory on Racine Ave
- Location Details: Rural
School Information
- School District: New Berlin
Utilities
- Water/Sewer: Conventional Septic System, Mound Septic System, Private Well, No Water Presently
- Onsite: Electricity Available, Natural Gas Available
Structural Information
- Existing Structures: None
Lot Features
- Lot Size (Acres): 27
- Frontage: High Visibility, State Road
- Topography: Other
- Lot Features: Other
- Development Status: Raw Land
- Potential Use: None
- Zoning: Q1, Other
Financial Considerations
- Tax Amount: $7,348.87
- Tax Year: 2024
Listed by ERA MyPro Realty
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Schools
Schools serving 4235 S Racine Ave
School District:New Berlin School District
| Name | Grades | Distance |
|---|---|---|
Ronald Reagan Elementary School 4225 South Calhoun Road, New Berlin, WI 53151 | PK-6 | 1.7 mi |
New Berlin Middle/High School 18695 West Cleveland Avenue, New Berlin, WI 53146 | 7-12 | 1.9 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 4235 S Racine Ave
Date
Details
Price
Change
Source
3/11/2026
Price Reduced
$1,000,000
-32.66%
MLS
9/12/2025
Listed
$1,485,000
—
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 4235 S Racine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,689
-8%
$648,700
19%
2023
$8,324
-12%
$546,688
—
2022
$9,427
4%
$546,688
—
2021
$9,065
-1%
$546,688
—
2020
$9,151
8%
$546,800
—
2019
$8,475
-2%
$546,800
—
2018
$8,607
2%
$547,100
13%
2017
$8,407
-1%
$483,700
—
2016
$8,499
—
$483,700
—
2015
$8,460
1%
$483,900
7%
2014
$8,364
25%
$450,200
27%
2013
$6,711
—
$353,600
—
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 4235 S Racine Ave
4235 S Racine Ave, New Berlin, WI 53146 (MLS# 1935012) is a Lots/Land property with a lot size of 27.00 acres. 4235 S Racine Ave is currently listed for $1,000,000 and was received on September 12, 2025. Want to learn more about 4235 S Racine Ave? Do you have questions about finding other Lots/Land real estate for sale in New Berlin? You can browse all New Berlin real estate or contact a Coldwell Banker agent to request more information.

