December 28, 2010

Lake Geneva WI Waterfront Double "Dip" Condo Closes

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As Geneva Lake waterfront properties go, it’s hard to find an excellent location at a great price in fantastic condition. Some lucky buyers did exactly that when they closed today on an Abbey Villa double condo with front and center views of the Abbey Marina in Fontana, Wisconsin. The unusual offering featured two side by side lakefront condos that the sellers had combined into a single, 4 bedroom/4.5 bath completely updated unit with 2 new kitchens, 2 fireplaces, and fantastic views of the lake. With easy access to the Abbey dockominium which was included as part of the sale, the buyers were also able to take possession of this lovely turnkey offering completely furnished. Listed at $879,000 the unit sold for less than 10% off asking price – an excellent value for the buyers who paid just $800,000 for one of the nicest waterfront locations. This brings the total number of Abbey Villa condos sold this year to date to 3 and the total number of condominiums sold in Fontana WI as a whole this year to 26. With a sale to list ratio of 93% overall, it appears that condos on the west side of Geneva Lake are holding their sale to list values even in a year that was, by all accounts, challenging.

Looking for a waterfront condo on Lake Geneva? Here are just a few that might fit the bill:

  • 269 Fontana Blvd 20F, Abbey Villa, Fontana – 2 bedroom/2 bath upper corner condo with views of the marina and pool, $299,900 – Abbey dockominium available for separate purchase with sale.
  • 914 Duckpond Road, Abbey Springs, Fontana -3 bedrooms/2 bath fully furnished condo close to the clubhouse. Amenities include tennis, golf, indoor and outdoor pools, $439,900
  • 1070 South Lakeshore Drive, Lake Geneva,Vista Del Lago - 3 bedroom/3 bath + den with 24’ deeded boat slip, awesome lake views down the length of Geneva Lake, $875,000
  • 403 Wrigley Drive, Lake Geneva, 3 bedroom/2 bath penthouse condo with panoramic views of Geneva Lake. Exquisitely appointed and move in ready, close to all that Lake Geneva has to offer and priced as a foreclosure at $1,145,000. Property includes ¼ ownership of a coach house apartment for guests and a boat slip.

When you’re ready to make a move to Lake Geneva or any of the surrounding areas, give me a call. In the meantime, stay current by visiting my website and stay in the loop by friending me on Facebook where you can read my Lake Geneva Real Estate blogs.

Posted by:  Janis Hartley

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