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$690,000 Just Listed
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Property Description
Rare opportunity on Lake Five! Escape to your own waterfront retreat with 78' of prime frontage. With no public boat launch, you're guaranteed the peaceful lake lifestyle you've been dreaming of. Set up as a duplex, live on the lake while tenants help pay your mortgage, or convert/build a stunning single-family dream home. Each unit offers 2 beds, 1 bath and a flex room overlooking the lake, the vision is there! The possibilities are endless and the location can't be beat: steps from a favorite local restaurant, an easy commute to Waukesha and Milwaukee, and all the perks of a private, full recreational lake. Conservancy land on the north shore keeps your views untouched for years to come. Don't miss this rare chance at lakefront living! Also listed as MLS #1972052.
Full Property Details
Full Property Details for 115 E Lake Ln
General
- Price: $690,000
- Taxes: $6,391 (2025)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1972053
- Updated: 7/18/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Cable TV Available, High Speed Internet, Pantry, Simulated Wood Floors, Walk-In Closet(s)
- Appliances: Oven, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom: At least one Bathtub, Shower over Tub
Bedrooms
- Total Bedrooms: 4
- Bedroom 1: 16 x 14, Upper Level
- Bedroom 2: 16 x 12, Upper Level
- Bedroom 3: 10 x 12, Upper Level
- Bedroom 4: 10 x 12, Upper Level
Other Rooms
- Living Room: 15 x 15, Main Level
- Family Room: 14 x 15, Main Level
- Kitchen: 15 x 12, Main Level
- 2nd Kitchen: 14 x 12, Main Level
- Den: 12 x 9, Main Level
- Other Room 1: 12 x 9, Main Level
- Mud Room: 7 x 9, Main Level
Exterior
- Exterior Features: Patio
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Washington
- Driving Directions: I 94 to Hwy 164, North on 164 to West on County Line Rd, Right on E Lake Ln to property on left.
School Information
- School District: Germantown
- Middle School: Kennedy
- High School: Germantown
Heating & Cooling
- Heating/Cooling: Natural Gas, Forced Air, Window Unit(s)
Utilities
- Water/Sewer: Private Shared Well, Septic System
Structural Information
- Architectural Style: Two Story, Colonial
- Description/Design: Water Frontage on Lot
- Exterior Const.: Vinyl
- Basement Desc.: Crawl Space
- Square Feet: 2,048
- Year Built: 1920
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.32
- Zoning: Res
Water Features
- Water Front: Yes
- Water Access Desc: Lake
- Water Front Name: Lake Five
- Lake Front: Yes
Financial Considerations
- Tax Amount: $6,391
- Tax Year: 2025
Listed by EXP Realty, LLC~MKE
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Schools
Schools serving 115 E Lake Ln
School District:Germantown School District
| Name | Grades | Distance |
|---|---|---|
Amy Belle Elementary School 3294 Willow Creek Road, Colgate, WI 53017 | PK-5 | 3.5 mi |
Kennedy Middle School, Germantown, WI W160N11836 Crusader Ct, Germantown, WI 53022 | 6-8 | 8.5 mi |
Germantown High School W180N11501 River Ln, Germantown, WI 53022 | 9-12 | 7.1 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 115 E Lake Ln
Date
Details
Price
Change
Source
7/18/2026
Listed
$690,000
—
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 115 E Lake Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,391
5%
$407,800
—
2024
$6,112
9%
$407,800
—
2023
$5,618
5%
$407,800
—
2022
$5,366
1%
$407,800
—
2021
$5,337
1%
$407,800
18%
2020
$5,297
3%
$344,400
—
2019
$5,140
6%
$344,400
—
2018
$4,848
9%
$344,400
—
2017
$4,454
-5%
$344,400
-4%
2016
$4,665
-2%
$357,100
—
2015
$4,740
-1%
$357,100
—
2014
$4,795
-6%
$357,100
—
2013
$5,094
—
$357,100
—
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 115 E Lake Ln
115 E Lake Ln, Richfield, WI 53017 (MLS# 1972053) is a Single Family property with 4 bedrooms and 2 full bathrooms. 115 E Lake Ln is currently listed for $690,000 and was received on July 18, 2026. Want to learn more about 115 E Lake Ln? Do you have questions about finding other Single Family real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.

