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$299,000 -$26,000 (-8%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,123 Sq. Ft.
  • Updated 1 day ago
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Welcome to the heart of Lake Country! Fully remodeled in 2019, located within walking distance to downtown Oconomowoc, lakes, shops, restaurants, parks, imagination station, the splash pad and Oconomowoc High School. This cozy original farm home was remodeled down to the studs making it easy to move right in. The open main level, first floor laundry, master walk-in closet and newly added half bath give it a modern feel. Perfect for a starter home, someone downsizing or a rental property. The home has operated as a successful Airbnb since 2019 with returning guests in a perfect location. Move right in or start your own turnkey business with the name, future bookings and all furnishings for $360,000.

Full Property Details for 642 Summit Ave

General

  • Price: $299,000
  • Taxes: $1,066 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1978496
  • Updated: 9/3/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 6
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Location

  • County: Waukesha
  • Subdivision: Lymans Sub
  • Driving Directions: East Wisconsin Ave to South Silver Lake Street to Summit Avenue

School Information

  • School District: Oconomowoc Area
  • Elementary School: Greenland
  • Middle School: Nature Hill
  • 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: Two Story, Farm House
  • Exterior Const.: Vinyl
  • Basement Desc.: Full, Walk-Out/Outer Door
  • Square Feet: 1,123
  • Year Built: 1901

Lot Features

  • Lot Size (Acres): 0.09
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $1,066.48
  • Tax Year: 2025

Listed by Byowner.com

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— 642 Summit Ave —

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Schools serving 642 Summit Ave

School District:Oconomowoc Area School District
NameGradesDistance
Greenland Elementary School
440 East Coolidge Street, Oconomowoc, WI 53066
PK-41 mi
Nature Hill Intermediate School
850 Lake Drive, Oconomowoc, WI 53066
5-81.9 mi
Oconomowoc High School
641 East Forest Street, Oconomowoc, WI 53066
9-120.3 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 642 Summit Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2026
Price Reduced
$299,000
-8%
MLS
8/31/2026
Listed
$325,000
441.67%
MLS
5/03/2019
Sold
$60,000
—
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 642 Summit Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,066
9%
$88,100
15%
2024
$975
1%
$76,700
6%
2023
$967
-6%
$72,100
7%
2022
$1,024
12%
$67,100
12%
2021
$917
-45%
$60,000
-31%
2020
$1,681
7%
$87,200
—
2019
$1,578
4%
$87,200
—
2018
$1,523
-6%
$87,200
—
2017
$1,615
6%
$87,200
—
2016
$1,518
1%
$87,200
—
2015
$1,506
—
$87,200
—
2014
$1,510
-18%
$87,200
-15%
2013
$1,850
—
$102,900
—
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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642 Summit Ave, Oconomowoc, WI 53066 (MLS# 1978496) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 642 Summit Ave is currently listed for $299,000 and was received on August 31, 2026. Want to learn more about 642 Summit Ave? 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.

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