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$199,900 Contingent
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Property Description
Lake views at an affordable price! Don't miss this opportunity to build instant equity in a prime location. Perfectly situated close to Pershing Park that allows for an unobstructed view of Lake Michigan, this vintage residence offers the perfect canvas for investors or renovation enthusiasts. The spacious footprint includes over 1,700 sqft of living space, featuring 4 bedrooms and 2 full baths. One of the bedrooms and a bath are conveniently located on the 1st floor. The solid ''bones'' and original character are undeniable, from the high ceilings, traditional baseboards, decorative fireplace, hardwood floors, and a classic bay window that floods the space with light. There is a wood deck out back to relax and a detached garage with 4-parking stalls. Come see this hidden gem today!
Full Property Details
Full Property Details for 718 Lake Ave
General
- Price: $199,900
- Taxes: $3,853 (2025)
- Status: Contingent
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1945733
- Updated: 1/3/2026
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Cable TV Available, Pantry, Wood Floors
- Appliances: Dryer, Oven, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom: At least one Bathtub
Bedrooms
- Total Bedrooms: 4
- Bedroom 2: 13 x 12, Upper Level
- Bedroom 3: 12 x 11, Upper Level
- Bedroom 4: 10 x 9, Main Level
Other Rooms
- Living Room: 15 x 14, Main Level
- Kitchen: 14 x 12, Main Level
- Dining Room: 16 x 12, Main Level
Exterior
- Exterior Features: Deck
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- County: Racine
- Driving Directions: Washington Ave, east on 7th Street, south on Lake Ave
School Information
- School District: Racine Unified
Heating & Cooling
- Heating/Cooling: Natural Gas, Forced Air
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Two Story, Colonial
- Exterior Const.: Wood
- Basement Desc.: Full
- Square Feet: 1,721
- Year Built: 1875
Lot Features
- Lot Size (Acres): 0.11
- Zoning: O1
Financial Considerations
- Tax Amount: $3,853
- Tax Year: 2025
Listed by Mahler Sotheby's International Realty
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Schools
Schools serving 718 Lake Ave
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Mitchell Elementary School, Racine, WI 2701 Drexel Avenue, Racine, WI 53403 | K-5 | 2.3 mi |
Johnson Elementary School, Racine, WI 2420 Kentucky Street, Racine, WI 53405 | K-5 | 3 mi |
Case High School 7345 Washington Ave, Racine, WI 53406 | 9-12 | 4.6 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 718 Lake Ave
Date
Details
Price
Change
Source
12/23/2025
Listed
$199,900
—
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 718 Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,564
3%
$146,300
8%
2023
$3,453
9%
$135,000
10%
2022
$3,154
-2%
$123,000
10%
2021
$3,233
2%
$112,000
—
2020
$3,162
5%
$112,000
5%
2019
$2,999
—
$107,000
5%
2018
$2,997
-2%
$102,000
3%
2017
$3,059
-2%
$99,000
—
2016
$3,125
-1%
$99,000
—
2015
$3,154
5%
$99,000
—
2014
$3,006
-8%
$99,000
-9%
2013
$3,283
—
$109,000
—
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 718 Lake Ave
718 Lake Ave, Racine, WI 53403 (MLS# 1945733) is a Single Family property with 4 bedrooms and 2 full bathrooms. 718 Lake Ave is currently listed for $199,900 and was received on December 23, 2025. Want to learn more about 718 Lake Ave? Do you have questions about finding other Single Family real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.

