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$350,000 Just Listed
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Property Description
Rare opportunity to own nearly 2 acres in the highly sought-after Pewaukee School District, featuring private creek frontage that flows into Pewaukee Lake. This 3-bedroom ranch offers incredible potential for buyers looking to update, renovate, and build instant equity. Surrounded by nature yet located just 1 mile from the vibrant beachfront in Downtown Pewaukee. You'll enjoy the peaceful mornings along the creek to evenings spent at lakeside dining, shops, and community events. This property combines location, land, and lifestyle in one truly unique offering. Opportunities like this in Pewaukee at this price point are extremely rare. If you're looking to renovate and make a home your own- this is your chance to secure land with waterfrontage in Pewaukee!
Full Property Details
Full Property Details for N40W26975 Capitol Dr
General
- Price: $350,000
- Taxes: $2,252 (2025)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1960459
- Updated: Today (5/1/2026)
- Added to Site: Today
Interior
- Number of Rooms: 6
- Interior Features: Cable TV Available, High Speed Internet, Split Bedrooms
- Appliances: Dryer, Oven, Range, Refrigerator, Washer, Water Softener Rented
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom: Shower over Tub
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: 13 x 10, Main Level
- Bedroom 2: 13 x 10, Main Level
- Bedroom 3: 12 x 10, Main Level
Other Rooms
- Living Room: 24 x 15, Main Level
- Kitchen: 11 x 10, Main Level
- Dining Room: 15 x 14, Main Level
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Garage Description: Electric Door Opener
Location
- County: Waukesha
- Driving Directions: Wisconsin Ave downtown Pewaukee continue West on Capitol Dr (same road) property on the left / Hwy 16 to Ryan Rd, South to Capitol, West to property.
School Information
- School District: Pewaukee
- Middle School: Asa Clark
- High School: Pewaukee
Heating & Cooling
- Heating/Cooling: Oil, Radiant
Utilities
- Water/Sewer: Private Well, Septic System
Structural Information
- Architectural Style: Single Story, Ranch
- Description/Design: Water Frontage on Lot
- Exterior Const.: Aluminum Siding
- Basement Desc.: Full, Sump Pump
- Square Feet: 1,311
- Year Built: 1948
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 1.84
- Zoning: Res
Water Features
- Water Front: Yes
- Water Access Desc: Creek
- Water Front Name: Coco Creek
Financial Considerations
- Tax Amount: $2,252
- Tax Year: 2025
Disclosures and Reports
- Flood Zone: Yes
Listed by RE/MAX Platinum
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Schools
Schools serving N40W26975 Capitol Dr
School District:Pewaukee School District
| Name | Grades | Distance |
|---|---|---|
Pewaukee Lake Elementary School 436 Lake Street, Pewaukee, WI 53072 | K-2 | 1.6 mi |
Horizon School 458 Lake Street, Pewaukee, WI 53072 | 3-5 | 1.7 mi |
Asa Clark Middle School 472 Lake Street, Pewaukee, WI 53072 | 6-8 | 1.7 mi |
Pewaukee High School 510 Lake Street, Pewaukee, WI 53072 | 9-12 | 1.6 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 N40W26975 Capitol Dr
Date
Details
Price
Change
Source
5/01/2026
Listed
$350,000
—
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 N40W26975 Capitol Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,599
10%
$220,500
—
2023
$2,366
-23%
$220,500
—
2022
$3,073
—
$220,500
—
2021
$3,070
5%
$220,500
29%
2020
$2,919
27%
$170,300
—
2019
$2,302
3%
$170,300
—
2018
$2,231
-1%
$170,300
—
2017
$2,245
-4%
$170,300
—
2016
$2,327
-2%
$170,300
—
2015
$2,367
-6%
$170,300
—
2014
$2,525
-9%
$170,300
—
2013
$2,777
—
$170,300
—
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 N40W26975 Capitol Dr
N40W26975 Capitol Dr, Pewaukee, WI 53072 (MLS# 1960459) is a Single Family property with 3 bedrooms and 1 full bathroom. N40W26975 Capitol Dr is currently listed for $350,000 and was received on May 01, 2026. Want to learn more about N40W26975 Capitol Dr? Do you have questions about finding other Single Family real estate for sale in Pewaukee? You can browse all Pewaukee real estate or contact a Coldwell Banker agent to request more information.

