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447 Lake St #14, Green Lake, WI, 54941

2beds
4baths
2,462sqft
$1,349,000
$548price/sqft
$9,212/moest. monthly cost
$368,480/yrincome needed

About This Home

Site has been cleared, and construction is slated to begin in the first quarter of 2026. The Legacy on the Bay, a rare new lakeside offering on Green Lake. The former Bayview Motel site is being thoughtfully reimagined into 17 luxury lakeside residences. Phase 1 introduces just 7 luxury townhomes (with only 4 remaining), each with direct lake access and boat slip availability. Designed for effortless lake living with three levels of refined space, an optional elevator, 2 bedrooms plus a flexible first-floor lake room, 3.5 baths, and an attached 2-car garage. A limited opportunity to be part of Green Lake’s newest waterfront community. Taxes based on 2024 Bayview Motel assessment. Condo documents being recorded. Condo fees TBD; $550 listed is estimated.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

8/10
6/10
Green Lake High SchoolGrades 7-120.6 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Fiber Cement,Stone,Wood Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Laundry features: Upper Level

Basement

  • Basement: None

Bedroom2

  • Level: Upper
  • Area: 288

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Upper
  • Area: 156

Features

  • Walk-In Closet(s),Vaulted Ceiling(s),At Least 1 tub,Internet -Fiber Available,Bonus Room
  • Flooring: Wood or sim. wood floors
  • Number of fireplaces: 1
  • Fireplace features: 1 fireplace,Gas
  • Fireplace: Yes
  • Finished area above ground: 2,462

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,462
  • Total interior livable area: 2,462 sqft

Kitchen

  • Level: Upper
  • Area: 160

Living Room

  • Level: Upper
  • Area: 384

Master Bedroom

  • Level: Upper
  • Area: 238

Property

Details

  • Parcel number: 231003430000
  • Zoning: multi
  • Zoning description: Multi-Family
  • Exclusions: Boat slips are leased each season.

Features

  • Pool features: Community Outdoor Pool
  • Patio & porch: Deck/Balcony,Patio
  • Exterior features: Private Entrance
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake Front,Water ski lake
  • Waterbody name: Big Green

Lot

  • Features: Zoned Multi Family

Parking

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

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

  • Hail
    HailVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Cold Wave
Strong Wind
Tornado
Heat Wave
Inland Flooding
Lightning
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 $6,821$81,852
Home Insurance *$946$11,352
Property Taxes $1,214$14,568
Electricity $231$2,776
Total$9,212$110,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$315,840/yr
40% on housing$276,360/yr
45% on housing$245,653/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.7%
-2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$548This listing

vs Other Active Listings

Avg $/sqft

ZIP 54941$451
Green Lake County$266

vs Homes Sold Last Month

Median $/sqft

ZIP 54941
Green Lake County$174

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
2025-12-22Listed for sale$1,349,000

New Construction

AgentJim Emmer
BrokerageEmmer Real Estate Group, Inc.

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