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$674,900 -$25,000 (-3.57%) Price Reduced
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Property Description
Remarkable newer luxury ranch home in Oconomowoc's Prairie Creek Ridge! Enjoy this beautifully designed home with many upgrades and outstanding features. Open concept vaulted main living area offers LVP flooring and gas fireplace in great room. Kitchen has large island breakfast bar with quartz countertops, walk-in pantry, SS appliances, and Zephyr range hood. Dining area includes patio doors to back yard stamped patio. Amazing mud room includes lockers, storage cubbies, and laundry area. Nice size bedrooms. Primary suite features tray ceiling, large walk-in closet, and primary bath with dual sink vanity and oversized tile-stone shower. Huge lower level is ready for future rec room space. Large 4-car garage has 1 tandem stall. Great lot and back yard. Excellent neighborhood and location!
Full Property Details
Full Property Details for 1533 Fay Ln
General
- Price: $674,900
- HOA FEE: $150
- Taxes: $5,485 (2024)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1946256
- Updated: 1/16/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Cable TV Available, Gas Fireplace, Kitchen Island, Pantry, Simulated Wood Floors, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom: At least one Bathtub, Ceramic Tile, MBR Bath Walk-in Shower, Off Master Bedroom, Shower over Tub, Shower Stall
Bedrooms
- Total Bedrooms: 3
- Bedroom 2: 12 x 11, Main Level
- Bedroom 3: 12 x 11, Main Level
Other Rooms
- Living Room: 20 x 17, Main Level
- Kitchen: 14 x 12, Main Level
- Laundry: 12 x 6, Main Level
Exterior
- Exterior Features: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Garage Description: Electric Door Opener
Location
- County: Waukesha
- Subdivision: Prairie Creek Ridge
- Driving Directions: Hwy. P/Brown St. to Whalen Dr., west to Fay Ln., left to home on left
School Information
- School District: Oconomowoc Area
- High School: Oconomowoc
Heating & Cooling
- Heating/Cooling: Natural Gas, Central Air Conditioning, Forced Air
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Single Story, Ranch
- Description/Design: Subdivision
- Exterior Const.: Low Maintenance Trim, Other, Stone, Vinyl
- Basement Desc.: Full, Poured Concrete, Stubbed for Bathroom, Sump Pump
- Square Feet: 2,004
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.33
- Zoning: Residential
Financial Considerations
- Association Fee: $150
- Tax Amount: $5,485
- Tax Year: 2024
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Schools
Schools serving 1533 Fay Ln
School District:Oconomowoc Area School District
| Name | Grades | Distance |
|---|---|---|
Meadow View Elementary School, Oconomowoc, WI 1500 Whalen Drive, Oconomowoc, WI 53066 | PK-4 | 0.1 mi |
Nature Hill Intermediate School 850 Lake Drive, Oconomowoc, WI 53066 | 5-8 | 0.9 mi |
Oconomowoc High School 641 East Forest Street, Oconomowoc, WI 53066 | 9-12 | 2.6 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 1533 Fay Ln
Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$674,900
-3.57%
MLS
1/03/2026
Listed
$699,900
36.59%
MLS
3/24/2023
Sold
$512,400
—
Public Record
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 1533 Fay Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,485
-8%
$512,400
—
2023
$5,963
313%
$513,300
443%
2022
$1,443
—
$94,600
—
2021
$1,445
4%
$94,600
31%
2020
$1,388
—
$72,000
—
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 1533 Fay Ln
1533 Fay Ln, Oconomowoc, WI 53066 (MLS# 1946256) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1533 Fay Ln is currently listed for $674,900 and was received on January 03, 2026. Want to learn more about 1533 Fay Ln? Do you have questions about finding other Single Family real estate for sale in Oconomowoc? You can browse all Oconomowoc real estate or contact a Coldwell Banker agent to request more information.

