most expensive lake towns wisconsiin

The 10 Most Expensive Lake Towns to Buy a House in Wisconsin (2024)

Are you dreaming of buying a lake house in Wisconsin? Here are the most exclusive and expensive lake towns to buy a house in Wisconsin. 

The 10 Most Expensive Lake Towns to Buy a House in Wisconsin

1. Chenequa, WI

Chenequa is the most expensive lake town to buy a house in Wisconsin where the median home price is an eye-popping $6,785,400. 

Located in Waukesha County, Chenequa is a small but wealthy lake town with a population of just 526 residents earning a mean income of $382,647.

Chenequa encloses Pine Lake, with Beaver Lake, North Lake and several other lakes nearby.

It’s an exclusive lakeside community for the wealthy where waterfront homes go for multi-million dollars.

$15 Million Lake House at Chenequa

For $15 million, you can buy a stunning 10,000 square-foot waterfront mansion in Chenequa. The lakeside home has 7 bedrooms, and 7.5 bathrooms with an infinity pool overlooking Pine Lake. The home sits on 2.38 acres of prime waterfront real estate with 210 feet of lake frontage.

Wakeboard boat on lake

Check out the Richest Suburbs of Madison, WI

2. Oconomowoc Lake, WI 

In Waukesha County, Oconomowoc Lake is another pricey lakeside village. The median home price here is $2,066,336, and the population is a mere 566. Residents have a comfortable mean income of $323,157.

This lakeside village has a private, gated community with its own security and regulations which helps maintain the exclusivity and privacy of the area.  The town is known for the clear waters of Oconomowoc Lake and is perfect for those keen on water sports or just seeking a quiet getaway.  However, this comes with a hefty price tag.  

A $6M Lakeside Home at Oconomowoc Lake

For a cool $6 million, you can buy a 6 bedroom and 7.5 bath lakeside estate at Oconomowoc Lake. The French Country Manor of stone and brick comes with an open concept floor plan, a stunning view of the lake and over 200 ft of lake frontage. 

Lake Life

3. Lac la Belle, WI 

Lac la Belle in Waukesha County is another expensive Wisconsin lake town with a median home price of $1,422,500. It’s a small town with just 281 residents, but it boasts a mean income of $305,434.

Lac la Belle wraps around the northern shores of its namesake lake, where residents can enjoy the natural beauty of the lake or engage in a variety of water activities like boating, fishing, swimming or kayaking.  Many residents have private docks and access to the lake.  Lac La Belle is also surrounded by the beauty of forests and wildlife, hiking trails and parks.

A $2.45M lakeside home in Lac la Belle

For $2.45 million, you can buy a custom-built 5000 sq ft lakeside home in Lac la Belle. You’ll get a 4 bedrooms and 4 baths lakeside home with magnificent views of the lake and sunsets.  It has 100 ft of lake frontage and comes with a dock for your boat.

kayaking on a lake

4. North Lake, WI

North Lake, located in Waukesha County, is a peaceful but pricey lakeside retreat in Wisconsin. The median home price is $1,153,475, and it has a small population of 247 residents with a mean income of $143,330.

This town offers a tranquil setting for those looking to escape the hustle and bustle of city life. For those interested in water activities, there are plenty of opportunities for boating, fishing, swimming, etc.  The surrounding forests are also popular for outdoor enthusiasts who enjoy hiking, biking, birdwatching and camping.   

A $3.6M lake house on the east shore of North Lake

For $3.6 million, you can buy a 5,700 sq ft home that has 4 bedrooms, 4.5 baths on 1.78 acres with 100 ft lake frontage and a vintage boathouse. There is a master suite on both the main floor and upper floor with plenty of closet space.

suburban home waterfront on a lake

5. Lauderdale Lakes, WI 

Lauderdale Lakes, in Walworth County, is another expensive lakeside town with a median home price of $976,450. It’s home to 1,283 residents with a mean income of $100,984.

This town is known for its interconnected lakes (Green Lake, Middle Lake and Mill Lake), making it a great place for water-based activities over its combined area of 260 acres of clear waters.  

These interconnected lakes provide full opportunities for boating, waterskiing, kayaking, and fishing. It is not surprising that many estate homes on large estates are built along the lakefronts with private docks.

What You Get for $2.23M at Lauderdale Lakes

For $2.23 Million, you can get a 3200 square feet lakefront home with 6 bedrooms and 5 bathrooms. The 2 story home has an updated kitchen and appliances.  A completed dock provides ample space to just sit, relax and enjoy the scenery straight down Middle Lake.

suburban home waterfront with boat houses

6. Maple Bluff, WI 

Maple Bluff in Dane County is another expensive lake town in WI. The median home price here is $840,444, and it’s home to 1,368 residents with a mean income of $258,109.

Maple Bluff offers stunning properties along the northeast shores of Lake Mendota, providing residents with luxury lakeside living. 

Boating, fishing and water sports are popular activities on the lake as well as golfing on the 18-hole Maple Bluff Country Club.  

Many of the homes in Maple Bluff are historic and have preserved their architectural charm.

A $2.5M home recently sold at Maple Bluff

For $2.5 million, you can buy a 5000 sq ft lakeside home that features 5 bedrooms and 3.5 bathrooms with 100 ft lake frontage. It has a newly renovated kitchen with high-end appliances that opens onto a large deck for outdoor dining. There are stunning water views from all three floors of the lakeside home. 

Kids Jumping in lake

7. Summit, WI 

Summit, in Waukesha County, is another pricey lakeside getaway with a median home price of $706,215. It has a larger population of 4,784 and a mean income of $151,338.

This town is known for its rural countryside atmosphere characterized by rolling hills, open spaces and tranquil setting.  It also encloses multiple lakes, making it ideal for water enthusiasts offering opportunities for fishing, boating and other water based activities. 

For nature lovers, Kettle Moraine State Forest provides hiking trails, camping facilities, biking and wildlife watching.

$3.16 million home in Summit

For $3.15 million, you can buy a newly renovated 4,400 sq ft. lakefront home in Summit. It has 4 bedrooms and 4.5 bathrooms with an amazing 250 ft frontage of pristine Upper Nashotah Lake. 

suburban home waterfront on a lake

8. Okauchee Lake, WI 

Okauchee Lake, also in Waukesha County, is a high-priced lakeside paradise. The median home price here is $669,004, and it’s home to 5,094 residents with a mean income of $164,664.

Okauchee Lake encircles the entire western shores of its namesake lake. It is surrounded by beautiful natural scenery of wooded shores and rolling hills.  It is especially stunning in the fall when the foliage changes color.  

This lakeside community is vibrant and offers various recreational activities, like boating waterskiing, and excellent fishing.

A look into $2.55M home recently sold in Okauchee Lake

For $2.55 million, you can buy a 4200 square feet lakeside home in Okauchee Lake.  It has 6 bedrooms and 4 bathrooms with a panoramic view of the lake and southern exposure.  It comes with an 85 ft lake frontage with a double boat house.

Pontoon Boat on Lake

9. Delafield, WI 

Delafield, in Waukesha County, is another pricey Wisconsin lakeside town. The median home price is $551,379, and it’s home to 7,185 residents with a mean income of $141,300.

It completely encloses Nagawicka Lake and part of Delafield sits along the eastern shores of Upper Natosha Lake.  So residents enjoy the tranquility and beauty of lakeside living with lots of boating and fishing as well as outdoor activities like hiking and golf.  

Homes in Delafield include older Victorian style houses in the city center as well as new subdivisions and condominiums 

A $2.75M home along Nagawicka Lake

For $2.75 million, you can buy a lakeside home with 5 bedrooms and 5.5 bathrooms in a 5000 sq ft open concept design kitchen, great room and dining room with lots of large windows.  It also has a brick boathouse with a viewing deck overlooking the lake.

lake with a boat

10. Powers Lake, WI 

Powers Lake, nestled in Kenosha County, is a quaint lakeside retreat. The median home price is $533,655, and it’s home to 1,401 residents with a mean income of $109,214.

This town is perfect for those seeking a quieter lakeside retreat with recreational opportunities on its pristine waters. It encloses a number of small lakes including its namesake Powers Lake.  

Popular activities among residents include boating, waterskiing, fishing and swimming. Nearby golf courses, trails and parks offer plenty of outdoor activities.

A $2.5M home along Powers Lake

For $2.5 million, you can buy a 4,300 sq ft lakeside home at Power Lake. It’s a 3 bedrooms 5 bathrooms home with 160 ft sandy lakeside frontage. 

Master bedroom on the main floor as well as a guest suite.  Another bedroom on the lower level with walkout to a large patio. 

This house comes with 4 fireplaces as well as a 4-car garage.  A lakeside boathouse has an adjacent entertainment area and firepit.

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