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$2,991,000
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Property Description
Discover timeless elegance at this exclusive Lavinia by the Lakes custom condo on Oconomowoc's historic isthmus, crafted for those who cherish sophistication and serene lakeside living. Nestled between Fowler Lake and Lac La Belle, enjoy panoramic stunning sunrise and sunset views. Revel in your bespoke interior with a sunroom, dual fireplaces, hydronic floor heating, butler's pantry, versatile den with full bath, library, lakefront porches, boat dock, elevator, and a secure 3-4 car heated garage. Personalize your retreat with curated finishes and cutting-edge technology for an additional $409,000. Experience single-family privacy without the maintenance, steps from a charming, walkable downtown. Acquire today--move in summer 2026. Secure your lakeside legacy. Contact for a private tour.
Full Property Details
Full Property Details for 503 N Lake Rd #2
General
- Price: $2,991,000
- HOA FEE: $800
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1933918
- Updated: 12/8/2025
- Added to Site: 133 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, MBR Bath Walk-in Shower, Off Master Bedroom
Bedrooms
- Total Bedrooms: 3
- Bedroom 2: 13 x 13, Main Level
Other Rooms
- Living Room: 19 x 17, Main Level
- Kitchen: 18 x 14, Main Level
- Dining Room: 13 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: 2,770
- Year Built: 2025
Unit Information
- Units in Building: 5
- Units in Complex: 5
- Unit Floor in Bldg.: 1
- Unit Description: 2 or more Fireplaces, Balcony, 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 #2
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 N Lake Rd #2
Date
Details
Price
Change
Source
9/05/2025
Listed
$2,991,000
99.4%
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 #2
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 #2
503 N Lake Rd #2, Oconomowoc, WI 53066 (MLS# 1933918) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 503 N Lake Rd #2 is currently listed for $2,991,000 and was received on September 05, 2025. Want to learn more about 503 N Lake Rd #2? 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.

