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$3,391,000 Just Listed
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Property Description
Discover timeless elegance at this exclusive first-floor Lavinia by the Lakes custom condo on Oconomowoc's historic isthmus. Live like a single-family lake home--without the maintenance. Nestled between Fowler Lake and Lac La Belle next to a park, enjoy panoramic sunrise and sunset views. This best-of-the-best property includes sunroom, dual fireplaces, hydronic floor heating, butler's pantry, versatile den, library, private lakefront porches, boat dock with slips, elevator, & 3-4 car heated garage. White-box shell lets you personalize with curated finishes and cutting-edge tech for an additional $409,000--our designer makes it easy. Short walk to Oconomowoc's quaint downtown: shops, dining & lakeside strolls. Now under construction. Secure your lakeside legacy. Contact for a private tour.
Full Property Details
Full Property Details for 503 N Lake Rd #1
General
- Price: $3,391,000
- HOA FEE: $800
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1959170
- Updated: 4/24/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 8
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Bathroom: At least one Bathtub, Ceramic Tile, MBR Bath Walk-in Shower, Off Master Bedroom
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: 25 x 16, Main Level
- Bedroom 2: 13 x 13, Main Level
Other Rooms
- Living Room: 19 x 18, Main Level
- Kitchen: 18 x 14, Main Level
- Dining Room: 14 x 13, Main Level
- Den: 13 x 13, Main Level
- Sun Room/Solarium: 10 x 10, Main Level
- Laundry: Main Level
- Other Room 1: 15 x 15, Main Level
Additional Information
- Shared Amenities: Boat Dock, Common Green Space, Elevator(s), Security
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Garage Description: 2 or more Spaces Assigned, Electric Vehicle Charging Station(s), Heated, Opener Included, Private Garage, Underground
Location
- County: Waukesha
- Condo Project Name: Lavinia by the Lakes
- Driving Directions: From Milwaukee or Madison, take I-94 to exit 282 for WI-67 north to Oconomowoc. Left at Summit Ave, right on Main St to N Lake Rd. Lavinia is on the right, next to Rockwell Park, steps from downtown.
School Information
- School District: Oconomowoc Area
- High School: Oconomowoc
Community
- Assoc. Fees Include: Common Area Insurance, Common Area Maintenance, Lawn Maintenance, Replacement Reserve, Snow Removal, Trash Collection
- Pets Allowed: Yes
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, In Floor Radiant, Zoned Heating
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Mid-Rise: 3 to 5 Stories
- Description/Design: New Construction, View of Water, Water Access/Rights, Water Frontage on Lot
- Exterior Const.: Fiber Cement, Stone
- Basement Desc.: None
- Square Feet: 3,065
- Year Built: 2026
Unit Information
- Units in Building: 5
- Units in Complex: 5
- Unit Floor in Bldg.: 1
- Unit Description: 2 or more Fireplaces, Gas Fireplace, High Speed Internet, In-Unit Laundry, Kitchen Island, Pantry, Patio/Porch, Private Entry, Walk-In Closet(s), Wet Bar, Wood or Sim. Wood Floors
- Unit Type: 1 Story, End Unit
Lot Features
- Zoning: RES
Water Features
- Water Front: Yes
- Water Access Desc: Lake, Private Boat Slip/Ramp, Private Dock
- Water Front Name: Fowler Lake
Financial Considerations
- Association Fee: $800
- Tax Year: 2026
Listed by Tenderland Real Estate LLC
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Schools
Schools serving 503 N Lake Rd #1
School District:Oconomowoc Area School District
| Name | Grades | Distance |
|---|---|---|
Greenland Elementary School 440 East Coolidge Street, Oconomowoc, WI 53066 | PK-4 | 0.4 mi |
Nature Hill Intermediate School 850 Lake Drive, Oconomowoc, WI 53066 | 5-8 | 1.3 mi |
Oconomowoc High School 641 East Forest Street, Oconomowoc, WI 53066 | 9-12 | 1.2 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 503 N Lake Rd #1
Date
Details
Price
Change
Source
4/23/2026
Listed
$3,391,000
126.07%
MLS
8/22/2023
Sold
$1,500,000
—
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 503 N Lake Rd #1
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,148
297%
$1,500,000
318%
2023
$4,063
-70%
$358,800
-59%
2022
$13,416
29%
$879,400
30%
2021
$10,361
-17%
$678,300
4%
2020
$12,535
13%
$650,200
—
2019
$11,121
3%
$650,200
—
2018
$10,778
2%
$650,200
—
2017
$10,539
-1%
$650,200
—
2016
$10,669
1%
$649,800
—
2015
$10,524
-7%
$649,800
—
2014
$11,307
-13%
$649,800
-11%
2013
$13,052
—
$727,300
—
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 503 N Lake Rd #1
503 N Lake Rd #1, Oconomowoc, WI 53066 (MLS# 1959170) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 503 N Lake Rd #1 is currently listed for $3,391,000 and was received on April 23, 2026. Want to learn more about 503 N Lake Rd #1? Do you have questions about finding other Condo real estate for sale in Oconomowoc? You can browse all Oconomowoc real estate or contact a Coldwell Banker agent to request more information.

