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W8135 Elm Point ROAD, Lake Mills, WI, 53551

2beds
1baths
720sqft
$449,900
$625price/sqft
$3,115/moest. monthly cost
$124,600/yrincome needed

About This Home

Double Lot on Elm Point Channel - Laid-Back Lake Life with a View!This double lot on Elm Point Channel is a great spot to enjoy everything lake life has to offer. Just a quick boat ride to Rock Lake, it's the perfect place for relaxing weekends, fishing trips, or building that cozy getaway you've been dreaming about. There's plenty of room for a boat lift, so hitting the water is a breeze. Out back, kick back on the porch and take in peaceful channel views, where you'll often see ducks, herons, and songbirds passing through. Nature lovers will feel right at home. The bike path is so close and lots of activities at Korth park are a short ride or walk away. Quiet, scenic, and full of potential--this spot is ready for your next chapter.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
Lake Mills Middle SchoolGrades 5-81.4 mi
6/10
Lake Mills High SchoolGrades 9-121.4 mi
5/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1945

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Window A/C,Microwave,Oven,Refrigerator

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • High Speed Internet
  • Finished area above ground: 720

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Kitchen

  • Level: Main
  • Area: 104

Living Room

  • Level: Main
  • Area: 192

Master Bedroom

  • Level: Main
  • Area: 100

Property

Details

  • Parcel number: 01807131544025
  • Zoning: res
  • Exclusions: Staging Furniture

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Deeded Water Access,Water Access/Rights,Channel,Lake
  • Living area range: 750 or less

Lot

  • Lot size: 0.39 Acres

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,274$27,288
Home Insurance *$154$1,848
Property Taxes $516$6,192
Electricity $171$2,054
Total$3,115$37,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,800/yr
40% on housing$93,450/yr
45% on housing$83,066/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$625This listing

vs Other Active Listings

Avg $/sqft

ZIP 53551$251
Jefferson County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 53551$232
Jefferson County$208

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Listed for sale$525,000
2025-11-22Listing removed$450,000
2025-11-19Price change$450,000
2025-08-19Listed for sale$600,000

For Sale by Agent

AgentGinger Ramsey
BrokerageShine Realty

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