704 Waters Edge ROAD, Racine, WI, 53402
About This Home
Set along approximately 275 feet of private Lake Michigan shoreline, this extraordinary estate offers timeless architecture and beautifully connected living spaces with an unmatched backdrop. A soaring marble foyer introduces the lakeside family room and renovated gathering kitchen, flowing naturally toward the stunning stone conservatory, each positioned to capture sweeping lake views. The principal living spaces and all four bedrooms enjoy direct water views, highlighted by an expansive primary retreat with a fireplace & spacious ensuite bath, as well as a private guest suite. With roughly $300K invested in professionally engineered shoreline protection and lighted tennis & pickleball courts, this is a rare opportunity to own one of southeastern Wisconsin's premier Lake Michigan estates.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1983
Materials
- Construction materials: Brick,Brick/Stone,Stucco/Slate,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Tudor/Provincial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Other,Oven,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Partially Finished,Concrete,Sump Pump
Bathroom
- Features: Stubbed For Bathroom on Lower,Tub Only,Ceramic Tile,Whirlpool,Master Bedroom Bath: Tub/No Shower,Master Bedroom Bath: Walk-In Shower,Master Bedroom Bath,Shower Over Tub,Shower Stall
Bedroom2
- Level: Upper
- Area: 304
Bedroom3
- Level: Upper
- Area: 192
Bedroom4
- Level: Upper
- Area: 192
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 2
Dining Room
- Level: Main
- Area: 255
Family Room
- Level: Main
- Area: 703
Features
- High Speed Internet,Pantry,Cathedral/vaulted ceiling,Walk-In Closet(s),Wet Bar,Kitchen Island
- Window features: Skylight(s)
- Flooring: Wood
- Finished area below ground: 1,823
- Finished area above ground: 5,280
Heating & Cooling
- Heating features: Natural Gas,Forced Air,Multiple Units,Zoned
- Cooling features: Central Air,Multi Units
Interior Area
- Total structure area: 7,103
- Total interior livable area: 7,103 sqft
Kitchen
- Level: Main
- Area: 540
Living Room
- Level: Main
- Area: 726
Master Bedroom
- Level: Upper
- Area: 315
Property
Details
- Parcel number: 104042316029000
- Zoning: RES
- Exclusions: Seller's Personal Property,Chairs To Outdoor Dining Table,Staging Items
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Patio
- Exterior features: Sprinkler System
- Has spa: Yes
- Spa features: Private,Bath
- Fencing: Fenced Yard
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Deeded Water Access,Water Access/Rights,Waterfront,Lake,200-300 feet
- Waterbody name: Lake Michigan
- Living area range: 3501 or more,5001 or more,2501 or more
Lot
- Lot size: 1.55 Acres
- Features: Wooded
Parking
- Total spaces: 3
- Parking features: Garage Door Opener,Attached,3 Car,1 Space
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Hail
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,123 | $133,476 |
| Home Insurance * | $911 | $10,932 |
| Property Taxes | $2,639 | $31,668 |
| Electricity | $667 | $8,009 |
| Total | $15,340 | $184,080 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $2,199,900 |
For Sale by Agent
View on Zillow