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12825 Stephen PLACE, Elm Grove, WI, 53122

6beds
5baths
4,717sqft
$2,381,679
$505price/sqft
$15,512/moest. monthly cost
$620,480/yrincome needed

About This Home

Rare opportunity to own a brand-new Miller Marriott home in the heart of Elm Grove! This exceptional 4,700 sq. ft. residence offers luxury living with a sought-after first-floor primary suite, a fully finished walkout lower level with full exposure, and premium high-end appliances. Thoughtfully designed with spacious living areas, quality craftsmanship, and upscale finishes throughout, this home is ideal for both everyday living and entertaining. Enjoy a walkable lifestyle just steps from charming downtown Elm Grove, with convenient access to downtown Milwaukee, dining, shopping, parks, and top-rated schools.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

8/10
9/10
10/10
East High SchoolGrades 9-122.5 mi

Construction

Condition

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

Materials

  • Construction materials: Fiber Cement,Aluminum Trim,Other,Stone,Brick/Stone,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Tudor/Provincial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Freezer,Microwave,Range,Refrigerator,Washer,ENERGY STAR Qualified Appliances

Basement

  • Has basement: Yes
  • Basement: 8'+ Ceiling,Finished,Full,Full Size Windows,Concrete,Radon Mitigation System,Sump Pump,Walk-Out Access,Exposed

Bathroom

  • Features: Shower on Lower,Tub Only,Ceramic Tile,Master Bedroom Bath: Tub/No Shower,Master Bedroom Bath: Walk-In Shower,Master Bedroom Bath,Shower Over Tub,Shower Stall

Bedroom2

  • Level: Upper
  • Area: 204

Bedroom3

  • Level: Upper
  • Area: 144

Bedroom4

  • Level: Upper
  • Area: 140

Bedroom5

  • Level: Lower
  • Area: 182

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 200

Family Room

  • Level: Lower
  • Area: 380

Features

  • High Speed Internet,Pantry,Walk-In Closet(s),Wet Bar,Kitchen Island
  • Window features: Low Emissivity Windows
  • Finished area below ground: 1,460
  • Finished area above ground: 3,257

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Multiple Units,Zoned
  • Cooling features: Central Air,Multi Units

Interior Area

  • Total structure area: 4,717
  • Total interior livable area: 4,717 sqft

Kitchen

  • Level: Main
  • Area: 280

Living Room

  • Level: Main
  • Area: 360

Master Bedroom

  • Level: Main
  • Area: 255

Property

Details

  • Parcel number: EGV 1105998009
  • Zoning: R4
  • Exclusions: Staging Furniture

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Sprinkler System
  • Living area range: 3501 or more,3501-5000,2501 or more

Lot

  • Lot size: 0.35 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Heated Garage,Attached,2 Car
  • 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

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

How This Home’s Risks Compare

Cold Wave
Hail
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 $12,043$144,516
Home Insurance *$712$8,544
Property Taxes $2,314$27,768
Electricity $443$5,318
Total$15,512$186,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$531,840/yr
40% on housing$465,360/yr
45% on housing$413,653/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: 8.6%
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

$505This listing

vs Other Active Listings

Avg $/sqft

ZIP 53122$267
Waukesha County$288

vs Homes Sold Last Month

Median $/sqft

ZIP 53122$264
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
2026-07-07Listed for sale$2,381,679

New Construction

AgentMiller Marriott Real Estate Group*
BrokerageKeller Williams Realty-Lake Country

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