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S68W18031 Island DRIVE, Muskego, WI, 53150

3beds
2baths
1,498sqft
$594,900
$397price/sqft
$3,947/moest. monthly cost
$157,880/yrincome needed

About This Home

PRICE REDUCED!!! Enjoy breathtaking lake views from this beautifully maintained Muskego home in a highly desirable Little Muskego Lake location. Wake up to stunning waterfront scenery and unwind with unforgettable sunsets from your own backyard. The fully fenced yard offers privacy and space for entertaining, pets, and outdoor activities, while private lake access allows you to enjoy all that lake living has to offer. Inside, the home features a versatile bonus front room perfect for an office, den, or additional living space. Recent updates include a new roof, furnace, water heater, sump pump, and drain tile system. A seller-provided home warranty and Everydry warranty provide added peace of mind. Don't miss this rare opportunity to own a move-in ready lake home!

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

8/10
10/10
Bay Lane Middle SchoolGrades 5-83.5 mi
8/10
Muskego High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1939

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Oven,Range,Refrigerator,Washer,Water Softener,Water Softener Rented

Basement

  • Has basement: Yes
  • Basement: Block,Full,Radon Mitigation System,Sump Pump

Bathroom

  • Features: Tub Only,Shower Over Tub,Shower Stall

Bedroom2

  • Level: Upper
  • Area: 209

Bedroom3

  • Level: Main
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 126

Features

  • Finished area above ground: 1,498

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,498
  • Total interior livable area: 1,498 sqft

Kitchen

  • Level: Main
  • Area: 100

Living Room

  • Level: Main
  • Area: 357

Master Bedroom

  • Level: Upper
  • Area: 256

Office

  • Level: Main
  • Area: 140

Property

Details

  • Parcel number: MSKC2174911
  • Zoning: Residential
  • Exclusions: Seller's Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: Boat Slip
  • Fencing: Fenced Yard
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Deeded Water Access,Water Access/Rights,Lake
  • Waterbody name: Yes
  • Living area range: 1251-1500

Lot

  • Lot size: 6,098 sqft

Parking

  • Total spaces: 2.5
  • Parking features: Garage Door Opener,Attached,2 Car
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5

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 WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Inland Flooding
Tornado
Winter Weather

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 $3,008$36,096
Home Insurance *$163$1,956
Property Taxes $605$7,260
Electricity $171$2,054
Total$3,947$47,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,325/yr
40% on housing$118,410/yr
45% on housing$105,253/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$397This listing

vs Other Active Listings

Avg $/sqft

ZIP 53150$292
Waukesha County$288

vs Homes Sold Last Month

Median $/sqft

ZIP 53150$259
Waukesha County$238

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
2026-08-14Price change$589,900
2026-07-30Listed for sale$594,900
2026-07-30Listing removed$599,900
2026-07-23Price change$599,900
2026-07-08Price change$609,900
2026-06-25Listed for sale$635,900
2009-03-31Sold$246,600
2009-01-31Price change$249,900
2008-12-05Listed for sale$276,900

For Sale by Agent

AgentMichael Langenohl
BrokerageGrandview Realty

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