Luxurious Orren Pickell Lakefront Home in Lake Geneva Area

Fabulous like new lakefront home on Powers Lake built by Orren Pickell. This home offers the ultimate in craftsmanship and design with numerous high end quality finishes. Three finished levels above grade and a full unfinished walkout lower level. Granite counter tops, wood floors, upper level family room, gorgeous master bedroom suite, 3 season room, all with excellent views of the lake. Wooded setting, ideal sand bottom lake frontage. Immaculate move in condition. Furnishings also available separately.  Click here to View the Virtual Tour.

Contact Bob Webster at Keefe Real Estate for more details on this home or many of the other outstanding lake front values in the Lake Geneva Area.

South Shore Drive Fontana Lake Front

A new lakefront listing on the market this week in Fontana is sure to create some interest on the part of any serious lakefront Buyers.  The home has 5 bedrooms and 4 baths in the main home, is located on over 140′ of frontage and has a fabulous lakeside boathouse.  The home is listed by an agent in the Lake Geneva office of Keefe Real Estate for $4,295,000.  Click here for the details of 928C South Shore Dr. Fontana.

Contact Bob Webster of Keefe Real Estate for more details or go to www.LakeGenevaProperty.com to view other homes for sale on Lake Geneva priced from $1,349,000 to just under $8,000,000.

Lake Geneva Lakefront

This immaculate Lake Geneva lakefront home is located on the North Shore of Lake Geneva and was recently reduced to $2,650,000.  The home has 4 bedrooms and 3 baths and is located on 100′ of ideal level lakefrontage and is within walking distance to downtown Lake Geneva.  Click to View the Virtual Tour.

845 Bayview Dr. Lake Geneva

Lake Geneva Real Estate

The last few weeks have proven to be rather interesting for the Lake Geneva real estate market, when it comes to lakefront homes.  A home came on the market at 938 Marianne Terrace during the last week of September on a Thursday for $1,200,000.  I had occasion to show the property the next day and there were already 2 offers in on the property.  The following day on Saturday there were seven additional showings of the home and by the following Tuesday it had an accepted offer.  Granted you don’t get much of a home these days on Lake Geneva for $1,200,000 but it certainly created a lot of attention for the lakefront market.  The property has just over 60′ of frontage and the home was rather modest, I have not heard if the new prospective Buyer intends to substantially remodel or take the home down and start over again. Once it closes the sale price will become public knowledge and it will be interesting to see how close to the asking price it sold for, or if it went for over the asking price.

This is just further evidence that goes to prove that in spite of all the doom and gloom that the media likes to try to scare the public with regarding the overall real estate market, not all markets are the same and when it comes to lake front on Lake Geneva, there will always be a strong demand for property that the market deems to be a good value. The time is definitely right for Buyers who are willing to step forward and take action now to take advantage of some of the outstanding values currently available on the lake. I’m confident many Buyers will look back in a few months and conclude that they should have taken action in the Fall of 2009.  

Contact Bob Webster of Keefe Real Estate for information on other outstanding lakefront values available today on Lake Geneva and several other desirable lakes in the area.  You can also go to www.LakeGenevaProperty.com to easily search for lake front homes on the various lakes in the area.

It was great to see the home closed at W4138 Lakeview Rd in the Lake Geneva Highlands subdivision this week.  The home was listed for $1,075,000 and closed at $970,000.  The home had a transferable boat slip, an outstanding view of Lake Geneva and had been tastefully updated inside and out.  In my opinion, this is a great example of some of the exceptional values that are available today for Buyers who are actively in the market and serious about finding a good buy.

Contact Bob Webster at Keefe Real Estate for information on other similar lakefront properties that are equally impressive values.  You can also go to www.LakeGenevaProperty.com to easily search for homes located on or near the water in the Lake Geneva area.

An interesting new Lake Geneva lakefront listing came on the market late last week.  The home is located in the City limits of Lake Geneva with 4 bedrooms, 2.5 baths and just over 60′ of lakefrontage.  The asking price is $1,200,000 making it one of the least expensive homes for sale with actual owned frontage on Lake Geneva.  Although it is a modest home, at that price it is sure to go fast. 

Contact Bob Webster at Keefe Real Estate for more details on this home or Click Here to view an interactive map showing a complete list of Lake Front homes for sale on Lake Geneva.

If you missed the news today, Federal Reserve Chairman Ben Bernanke reported his most positive and upbeat economic outlook saying that the recession seems to be ending and that we will soon begin to see the signs of a recovery.  Many economists expect the recession to end in the third quarter, with some saying it’s already over.  Click here to view the entire USA Today article.  What does all this mean for the Lake Geneva real Estate market?  Stay tuned and we’ll keep you up to date on the latest statistics on sales and closings.  If these predictions prove to be correct, it should mean that the so called bottom of the real estate market could be here with the rebound right around the corner.  There are many Sellers who have reduced their expectations and their asking prices to reflect the current market conditions and when those properties sell and go off the market, you can be sure that the property that comes on the market in the future will be higher with lots of folks wishing they could turn back the clock to take advantage of the current values available. This is probably most applicable to the lakefront homes and lake front condominiums on Lake Geneva and the other various lakes in the area.

Contact Bob Webster at Keefe Real Estate for answers to many of the questions on Buyers minds today or go to www.LakeGenevaProperty.com for an easy way to search for homes in the Lake Geneva Area.