Date
Details
Price
Change
Source
9/01/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$625,000 Just Listed
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Property Description
Opportunity awaits on beautiful Silver Lake! With 58 feet of pristine lake frontage and a spacious yard backing directly to the Lake Country Bike Trail, this property offers an incredible setting with endless potential. The existing 3-bedroom, 1.5-bath home is in need of significant renovation and is being offered as a true fixer-upper. Features include an eat-in kitchen, living room, den, large sunroom and first-floor laundry. A spacious 2.5-car garage with workbench area provides plenty of room for vehicles, lake toys and projects. Bring your contractor and your vision to renovate and transform the existing home or explore the possibilities of building your dream lake home. A rare chance to create something special on Silver Lake!
Full Property Details
Full Property Details for 37738 Valley Rd
General
- Price: $625,000
- Taxes: $4,791 (2025)
- Status: Active
- Type: Single Family
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1978657
- Updated: 9/3/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Cable TV Available, Expandable Attic, High Speed Internet, Pantry
- Appliances: Microwave, Oven, Range, Refrigerator, Water Softener Rented
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom: At least one Bathtub, Ceramic Tile, Shower over Tub
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: 16.6 x 11, Main Level
- Bedroom 2: 10 x 12, Main Level
- Bedroom 3: 12 x 8.5, Main Level
Other Rooms
- Living Room: 13 x 17, Main Level
- Kitchen: 10 x 17, Main Level
- Den: 12 x 8.5, Main Level
- Sun Room/Solarium: 26 x 9, Main Level
- Laundry: 5.2 x 7, Main Level
Exterior
- Exterior Features: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Garage Description: Electric Door Opener
Location
- County: Waukesha
- Driving Directions: Hwy 67 to Valley Road, west to property.
School Information
- School District: Oconomowoc Area
- Elementary School: Summit
- Middle School: Silver Lake
- High School: Oconomowoc
Heating & Cooling
- Heating/Cooling: Natural Gas, Central Air Conditioning, Forced Air
Utilities
- Water/Sewer: Municipal Sewer, Point Well, Private Well
Structural Information
- Architectural Style: Single Story, Cape Cod
- Description/Design: Shoreland Zoning, Water Access/Rights, Water Frontage on Lot
- Exterior Const.: Aluminum Siding
- Basement Desc.: Block, Full, Sump Pump
- Square Feet: 1,136
- Year Built: 1940
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.37
- Lot Dimensions: Waterfront
- Zoning: Res
Water Features
- Water Front: Yes
- Water Access Desc: Lake
- Water Front Name: Silver Lake
- Lake Front: Yes
Financial Considerations
- Tax Amount: $4,791.66
- Tax Year: 2025
Listed by First Weber Inc - Delafield
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— 37738 Valley Rd —
First Weber Inc - Delafield
NMLS#: 1598647
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Schools
Schools serving 37738 Valley Rd
School District:Oconomowoc Area School District
| Name | Grades | Distance |
|---|---|---|
Silver Lake Intermediate School 555 Oconomowoc Parkway, Oconomowoc, WI 53066 | 5-8 | 0.3 mi |
Summit Elementary School, Oconomowoc, WI 1680 Valley Road, Oconomowoc, WI 53066 | PK-4 | 1.9 mi |
Oconomowoc High School 641 East Forest Street, Oconomowoc, WI 53066 | 9-12 | 1.3 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 37738 Valley Rd
Tax History
Tax History for 37738 Valley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,792
—
$404,700
—
2024
$4,803
8%
$404,700
—
2023
$4,442
-13%
$404,700
—
2022
$5,122
10%
$404,700
38%
2021
$4,665
-2%
$294,100
—
2020
$4,766
12%
$294,100
—
2019
$4,262
4%
$294,100
—
2018
$4,112
-3%
$294,100
—
2017
$4,224
1%
$294,100
—
2016
$4,166
-22%
$294,100
—
2015
$5,363
-1%
$294,100
—
2014
$5,409
-9%
$294,100
-1%
2013
$5,919
—
$298,000
—
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 37738 Valley Rd
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37738 Valley Rd, Summit, WI 53066 (MLS# 1978657) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 37738 Valley Rd is currently listed for $625,000 and was received on September 01, 2026. Want to learn more about 37738 Valley Rd? Do you have questions about finding other Single Family real estate for sale in Summit? You can browse all Summit real estate or contact a Coldwell Banker agent to request more information.