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281 Victorian Village DRIVE #31, Elkhart Lake, WI, 53020

3beds
4baths
1,400sqft
$729,000
$521price/sqft
$4,918/moest. monthly cost
$196,720/yrincome needed

About This Home

Completely remodeled 3BR, ensuite 3BA low maintenance lg condo with lake views is just steps from beautiful blue Elkhart Lake beach! Enjoy all the lake fun without the work and rent out the unit to cover the costs! Resort has indoor and outdoor pools, sand swimming beach, boat rental, arcade and game room, hot tub, along with dining options. In-unit laundry and 2 parking spots. The famous beach bar, TIKI, has best lake overlook and features weekend live music. All of these resort features are easily walkable as well as to other beaches, village restaurants and shops. Stroll over to the QQQ golf course! Condo is just 20 min from 12 top golf courses and 5 min from Road America track. Seller has rented on VRBO and easily pays all costs plus! Updates at the resort coming this year!

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

7/10
Elkhart Lake High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1982

Materials

  • Construction materials: Fiber Cement,Aluminum Trim,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Partial

Bathroom

  • Features: Tub Only,Ceramic Tile,Master Bedroom Bath: Walk-In Shower,Master Bedroom Bath,Shower Over Tub,Shower Stall

Bedroom2

  • Level: Main
  • Area: 187

Bedroom3

  • Level: Main
  • Area: 324

Bedrooms & Bathrooms

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

Features

  • High Speed Internet,Cathedral/vaulted ceiling
  • Flooring: Wood or Sim.Wood Floors
  • Finished area below ground: 0
  • Finished area above ground: 1,400

Heating & Cooling

  • Heating features: Electric,Natural Gas,Forced Air,Multiple Units
  • Cooling features: Multi Units,Wall/Sleeve Air

Interior Area

  • Total structure area: 1,400
  • Total interior livable area: 1,400 sqft

Kitchen

  • Level: Main
  • Area: 204

Living Room

  • Level: Main
  • Area: 221

Master Bedroom

  • Level: Main
  • Area: 324

Property

Details

  • Parcel number: 59121586131
  • Attached to another structure: Yes
  • Zoning: C1
  • Exclusions: Sellers Personal Property

Features

  • Levels: Midrise: 3-5 Stories,1 Story
  • Stories: 3
  • Exterior features: Private Entrance
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Lake,Deeded Water Access,Water Access/Rights,Waterfront
  • Waterbody name: Elkhart Lake
  • Living area range: 1251-1500

Parking

  • Parking features: Detached,Assigned,Surface
  • Has garage: Yes

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
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Lightning
Tornado
Winter Weather
Tsunami

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 $3,686$44,232
Home Insurance *$312$3,744
Property Taxes $749$8,988
Electricity $171$2,054
Total$4,918$59,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,617/yr
40% on housing$147,540/yr
45% on housing$131,146/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: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$521This listing

vs Other Active Listings

Avg $/sqft

ZIP 53020$523
Sheboygan County$253

vs Homes Sold Last Month

Median $/sqft

ZIP 53020$214
Sheboygan County$170

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
2026-03-22Price change$849,000
2026-02-03Listed for sale$899,000
2025-12-30Listing removed$799,000
2025-10-12Listed for sale$799,000
2023-04-03Sold$549,000
2023-02-10Contingent$549,000
2023-02-01Listed for sale$549,000

For Sale by Agent

AgentLien Team Real Estate Group*
BrokerageFirst Weber Inc - Brookfield

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