Listing provided courtesy of First Weber Inc - DelafieldMetro MLS- MLS# 1875964MLS Provider

Lt1-3 Road L -Merton, WI 53066

Vacant Land · 0.57 Acres
$199,900 Active

Lt1-3 Road L - Overview

Time on Site:
773 days
Visits:
187

This beautiful flat lot sits on a lovely meandering tree lined road with river frontage leading to Okauchee Lake. Lot is located on NE corner of the lake where the Oconomowoc River flows into the lake. Here's your opportunity to ''get on the water'' and enjoy all Okauchee Lake has to offer. Fun in the sun, fireworks, fishing, restaurants & abundance of social activities, and so much more. This lot is only one of a few remaining vacant lots on the lake, so don't delay - bring your building plans, and start enjoying all lake life has to offer. This is 1 of the 5 remaining lots available of the original 22 lots. So don't delay as there are no other vacant lots on the lake. Seller would also consider a builder building a spec home on this lot, call for details.

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Lt1-3 Road L - Facts & Features

  • Type Vacant Land
  • Lot 0.57 Acres

Details

General

School Information

  • School District: Arrowhead UHS
  • Elementary School: Stone Bank
  • High School: Arrowhead

Business Information

  • Current Use: Residential

Location/Region

  • County Or Parish: Waukesha
  • Postal City: Oconomowoc

Tax Information

  • Tax Annual Amount: 488.44
  • Tax Year: 2024

General Information

  • Listing Terms: Contract,Owner May Assist,Rent/Option to Buy,1031 Exchange
  • Parcel Number: MRTT0364026
  • Property Sub Type: Vacant Land
  • Property Type: Land
  • Zoning: Res

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Building Features: Near Recreation Area

Exterior

Lot Information

  • Additional Parcels Description: MRTT0364027
  • Lot Size Acres: 0.57
  • Lot Size Area: 0.57
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 24829.2
  • Lot Size Units: Acres

Waterfront/View

  • Water Body Name: Okauchee Lake
  • Waterfront Features: River,Lake
  • Waterfront: true

General Information

  • Other Structures: None
  • Road Frontage Type: Private Road,Paved Road,Service-Private
  • Utilities: High Speed Internet Available,Cable Available,Natural Gas Available,Electricity Available

Lt1-3 Road L - Neighborhood

Community

53066 (Merton) Demographics

45
Median Age
308
Population Density (per sq. mile)
53%
College Educated
$101,446
Estimated Median Income
10,966
Estimated Total Home Owners
2,638
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lt1-3 Road L - Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lt1-3 Road L - Market Data

Based on the last 30 days in this zip code

$891,787
Average List Price
$350
Average Price per Square Foot
55
Properties Sold
84
Average Days on Market
191
Properties for Sale
Calculations provided by Reliance Network

Lt1-3 Road L - History

Date Event Value Agent
4/20/2026Source: Metro MLS Price Reduction
$199,900 -0.1%
4/20/2026Source: Metro MLS Status Change
Active
3/11/2026Source: Metro MLS Status Change
Active With Offer
7/28/2025Source: Metro MLS Added to Database
May 17, 2024