This is the year I am working with a lot of Buyer’s and as I am showing lake homes or lake access homes I keep realizing that no one has any idea why the value is what it is. Look folks you cannot get on the Lake for 250,000. Please add a 2 in front of the $250,000 and that is more like it. So the next level is Assocations with Lake rights and Lake access. Private communities that were developed amongst homeowners. Why? Because even 100 years ago not everyone could afford to be on the lake front so friends, neighbors, investors set up assocations to give varying degrees of lake rights. Every association around Geneva Lake is different based on size, location, the amount of lake frontage, boat slips, piers, buoys. You get the picture. So, what do I think is a real deal with Lake access? A cute cottage, on a wooded lot with a huge deck and hot tub in the Knollwood Assocation. Just where is Knollwood? It is located between Williams Bay and downtown Lake Geneva and in the municipality of the town of Linn. Why is this a deal? Becuase it is 2 bedrooms, with a small loft, 2 full baths, a fireplace and privacy. Drive and park down at the beautiful Knollwood lakefront, swim, play, walk, jog, read. Come back to house and open up the hot tub, pour a glass of wine and sit out on the deck, grill, watch the sun go down and then climb into the hot tub. Get the picture? This is the perfect year round weekend get away place. This cottage has price adjusted and it is a DEAL.
Click here to view the Knollwood Cottage Home.
Keefe Real Esate is the primary player in Walworth County with the market share being up to 47%. The likelihood of a property being marketed and sold by a Keefe Agent is high but I do show other property and this is one of them. If you want more information regarding Association living on Geneva Lake you can contact me at mcanfield@keeferealestate.com. Check back for a STEAL around Lake Geneva.
