For SaleOpen HouseOpen House
W8231 Lake TERRACE
Lake Mills, WI, 53551 • 53551 • Jefferson County
$525,000
$169/sqft
Down payment assistance available
3Beds
3Baths
3,099Sqft
0.36 acLot
1991Built
Property DNA
On the Rock Lake
Deeded Water Access, Water Access/Rights, Lake
Ranch Style
Built 1991 · 35 years of history
2nd Add To Shorewood Hill
53551
Outdoor Living
Deck
2-Car Garage
Garage Door Opener · Attached · 2 Car
Wood Floors
Quality flooring throughout
Just Listed
Listed Apr 10, 2026
Market activity
Demand and pricing signals for this listing
41 views
People checking out this listing
4 saves
Buyers have saved this home
$169/sqft
Price per square foot
About this home
Single Family · Built 1991
ROCK LAKE in Lake Mills! Enjoy deeded lake access to a shared waterfront park with lake frontage and a pier! This 3-bedroom, 2.5-bath ranch-style home offers a peaceful setting while still providing easy access to everyday conveniences. Situated on a .357-acre wooded lot in a quiet neighborhood on the west side of Rock Lake, the property offers a sense of space while remaining close to local amenities. Recent updates including new flooring, updated lighting and hardware, give the home a clean, refreshed feel. The walkout lower level provides flexible space for entertaining, complete with a bar area and half bath. Whether you're looking to relax, host gatherings, or enjoy the lake lifestyle, this home offers something for everyone. Ready for summer fun on the lake. Move right in!
Estimated monthly payment
Based on current rates
$3,299/month
Principal & Interest$2,595
Property Tax$525
Insurance$175
HOA$4
Down payment20% ($105,000)
3%50%
Est. 6.28% rate · 30yr fixed · $420,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1991
HeatingNatural Gas, Forced Air
Parking2 Attached Garage spaces
HOA$50 annually
Lot0.36 Acres
Days on Zillow0
Price/sqft$169
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Condition21+ Years
Year built1991
Stories1
Systems
HeatingNatural Gas, Forced Air
ConstructionWood Siding
Water / SewerWell / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, Attached, 2 Car
Garage2 spaces
BasementFull,Full Size Windows,Partially Finished,Concrete,Exposed
Lot0.36 Acres
Location & Tax
Neighborhood53551
ZoningRES
Annual tax$5,490
Parcel01807131042023
Bathrooms & Fees
Full baths2
HOA$4/mo
Features & details
8 categories of property features
Interior Features
Interior
High Speed Internet
Pantry
Cathedral/vaulted ceiling
Appliances
Dishwasher
Dryer
Oven
Range
Refrigerator
Washer
Water Softener Rented
Flooring
Wood
Heating
Natural Gas
Forced Air
Windows
Skylight(s)
Exterior Features
Parking
Garage Door Opener
Attached
2 Car
Construction
Wood Siding
Patio & Porch
Deck
Room details
8 rooms detailed
Master Bedroom
Main15×13 ft195 sqft
Bedroom2
Main14×12 ft168 sqft
Bedroom3
Main12×10 ft120 sqft
Bathroom
Ceramic TileMaster Bedroom BathShower Over Tub
Dining Room
Main10×8 ft80 sqft
Family Room
Lower51×14 ft714 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Est. value$529,500
Est. rent$3,284/mo
Tax rate1.27%
Price/sqft$169
On marketApr 10, 2026
PostedApr 3, 2026
Last sold$291,000
MLS statusActive
MLS updatedApr 9, 2026
Tour days9
Views41
Favorites4
How are the schools in Lake Mills?
3 schools rated nearby
Location
Lake Mills, WI, 53551
Price history
7 events
DateEventPrice$/sqftSource
Apr 10, 2026Listed For Sale$525,000$169WIREX MLS
Mar 11, 2026Listing Removed$539,000$174WIREX MLS
Jan 5, 2026Price Change$539,000$174WIREX MLS
Nov 20, 2025Price Change$544,900$176WIREX MLS
Oct 17, 2025Listed For Sale$549,900$177WIREX MLS
May 27, 2005Sold$291,000$94Public Record
Feb 10, 2005Sold$80,000$26Public Record
Listed For Sale$525,000
Apr 10, 2026•$169/sqft•WIREX MLS
Listing Removed$539,000
Mar 11, 2026•$174/sqft•WIREX MLS
Price Change$539,000
Jan 5, 2026•$174/sqft•WIREX MLS
Price Change$544,900
Nov 20, 2025•$176/sqft•WIREX MLS
Listed For Sale$549,900
Oct 17, 2025•$177/sqft•WIREX MLS
Sold$291,000
May 27, 2005•$94/sqft•Public Record
Sold$80,000
Feb 10, 2005•$26/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2024$5,716$403,700
Apr 10, 2023$6,015$403,700
Apr 10, 2022$5,943$403,700
Apr 10, 2021$5,677$403,700
Apr 10, 2020$5,223$403,700
Apr 10, 2019$5,351$317,400
Apr 10, 2017$5,217$317,400
Apr 10, 2016$5,407$317,400
Apr 10, 2015$4,958$317,400
Apr 10, 2014$4,829$298,100
Apr 10, 2013$5,103$298,100
Apr 10, 2012$5,076$298,100
Apr 10, 2011$4,837$298,100
Apr 10, 2010$4,657$298,100
Apr 10, 2009$4,732$287,900
Apr 10, 2008$4,738$287,900
Apr 10, 2007$4,071$287,900
Apr 10, 2006$4,043$287,900
Apr 10, 2005$4,075$287,900
Apr 10, 2004$3,989$200,200
Apr 10, 2003$3,893$200,200
Apr 10, 2002$3,927$200,200
Apr 10, 2000$3,407$200,200
Nearby homes
Neighborhood details
Local context around this listing
Lake Mills, WI • Jefferson County
Nearby cities
Fort AtkinsonHelenvilleJeffersonJohnson CreekLake MillsOconomowocPalmyraSullivan
Nearby zip codes
53551
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