$499,900

1416 Lake Dr South Milwaukee, WI 53172

$5,936
Closing credit¹
3 beds
1 full, 2 partial
2,677 sqft
0.7 acres
$187 / sqft
House

Property details

About 1416 Lake Dr

Charming midcentury brick colonial on coveted Lake Dr offers unbeatable location across from Grant Park. Near the golf course, beach, and South Milwaukee Yacht Club. Set on a lush .72-acre lot, the patio and composite deck overlook a serene, park-like backyard. Nearly 2,700 sq ft of finished space includes a spacious living room with NFP, dining room, and kitchen with upgraded counters and eating area. Main level also features a flexible office/den/4th bedroom and half bath. Upstairs are 3 generous bedrooms, one with a walk-out balcony. Primary suite includes a full bath with dual entry to an additional half bath. Finished lower level includes a sizable rec room with NFP and walk-out access. Many updated windows, high-efficiency Carrier furnace, and backup generator too. Don't miss it!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,677 sqft
BasementYes
Lot size0.72 Acres
Year built1949
ParkingOpener Included,Attached,2 Car
MLS #1919485
Attached garage2 spaces

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Opener Included,Attached,2 Car
  • Exterior: Deck, Patio
  • Architectural Style: Colonial
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $499,900
  • Price/SqFt: $186
  • Annual Tax Amount: $6,704
  • Tax Year: 2023
  • Directions: Hawthorne Ave to Lake Dr north to home or College Ave to Lake Dr south to home
  • Year Built: 1949
  • Living Area: 2,677 SqFt
  • Municipality: South Milwaukee
  • Lot Size: 0.72 Acres
  • MLS Number: 1919485
  • MLS Name: WIREX_METRO
  • Office Name: Keller Williams Realty-Milwaukee Southwest
  • Office Phone: (262) 599-8980
  • Listing Agent: The Krickeberg Group*

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 7:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1416 Lake Dr, South Milwaukee, WI 53172 - view of subject property

$499,900

1416 Lake Dr

$5,936

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$358,500$6,704
2022$358,500$6,834
2021$244,000$7,247
2020$244,000$7,247
2019$244,000$6,498
2018$244,000$6,292

History based on county public records data.

Nearby schools

7

Luther Elementary School

Public District PK-5

0.2 mi

718 Hawthorne Ave

4

Lakeview Elementary School

Public District PK-5

0.9 mi

711 Marion Ave

5

Rawson Elementary School

Public District PK-5

0.9 mi

1410 Rawson Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,159. Typical income of South Milwaukee, WI residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

19%
<35k
53%
35k-100k
22%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
10%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • College BasketballCollege Basketball
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • DillardsDillards
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Logan's RoadhouseLogan's Roadhouse
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • HyundaiHyundai
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1416 Lake Dr

The listing price of 1416 Lake Dr property is $499,900.

The property 1416 Lake Dr is a house located in South Milwaukee, Wisconsin, 53172.

Active Listing: 1416 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1416 Lake Dr are: Luther Elementary School (GreatSchools Rating 7/10), Lakeview Elementary School (GreatSchools Rating 4/10), Rawson Elementary School (GreatSchools Rating 5/10), South Milwaukee Middle School (GreatSchools Rating 3/10), Cudahy Middle School (GreatSchools Rating 2/10), East Middle School (GreatSchools Rating 6/10), South Milwaukee High School (GreatSchools Rating 3/10), Cudahy High School (GreatSchools Rating 3/10), Oak Creek High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $6,704 (source: MLS/based on county public records data).

The property at 1416 Lake Dr has 3 bedrooms and 1 full and 2 half bathrooms.

The property 1416 Lake Dr is 2,677 SqFt (source: MLS/tax record).

The year of construction for 1416 Lake Dr is 1949.

This home is located at 1416 Lake Dr in South Milwaukee, WI and zip code 53172. This 2,677 square foot home, which was built in 1949, sits on a 0.72 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $499,900.

The inventory of homes for sale in South Milwaukee, WI between March and April 2025 increased by 100%. While the average time on the market in April 2025 was 21 days, the median list price was $300,000.

From Rocket Homes Real Estate and based on county public records data.

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