$3,400,000

28426 98th St Salem, WI 53168

3 beds
2 full
2,940 sqft
100.0 acres
$1,156 / sqft
House

Property details

About 28426 98th St

This is a unique opportunity to purchase Silverwood Farm, an exceptional equestrian estate with a stunning 2,900 square foot Victorian home built in 1920. The home, set behind a private gated entrance separate from the farm, retains its historic charm while offering modern amenities. The property spans just over 100 acres and features two ponds, professional landscaping with 5 miles of fencing, lined with mature trees and blooming perennials. The Silverwood Farm facility holds licensed USEF (United States Equestrian Federation), USDF (United States Dressage Federation) and USEA (United States Eventing Association) competitions. It includes a one-mile cross-country course with obstacles for four levels of competition. The estate is a turn-key business opportunity with numerous facilities: Over 10 buildings, including three barns, a large indoor arena, hay storage, Five 200' x 70' arenas, Three 300' x 120' show arenas, A 200' x 70' lunging area, Two 4-acre turnout pastures, One 300'x100' outdoor arena, Three 230' x 100' arenas behind the barn, 50 matted indoor boarding stalls (13x12 and 10x10), 148 outdoor show stalls. Enjoy nearby country clubs, museums, water parks, forest preserves, and a private airport. Located just 20 minutes from Lake Geneva and a little over an hour from Chicago or 40 minutes from Milwaukee, this property offers a serene retreat with easy access to city amenities. Whether you are seeking a premier equestrian facility or a peaceful rural escape, Silverwood Farm is the perfect choice.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Propane, Forced Air
StatusActive
CoolingCentral Air
Size2,940 sqft
BasementYes
Lot size100 Acres
Year built1920
MLS #12108362
Garage4 spaces

Summary

  • MLS Number: 12108362
  • MLS Name: MRED
  • Office Name: Berkshire Hathaway HomeServices Chicago
  • Office Phone: (847) 362-6200
  • Listing Agent: Jayne Petty

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view of front of house with a porch

$3,400,000

28426 98th St

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Price information

Property sales

DateEventPrice
Jul 06, 2009
Home Sold
$1,100,000

Tax history

YearAssessmentProperty Tax
2023$1,437,600$18,109
2022$974,300$16,635
2021$975,600$18,275
2020$962,500$18,275

History based on county public records data.

Nearby schools

7

W C Petty Elementary School

Public District KG-5

4.3 mi

850 Highview Dr

6

Hillcrest Elementary School

Public District KG-5

5.8 mi

433 E Depot St

5

Lotus School

Public District PK-4

7.5 mi

29067 W Grass Lake Rd

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 $67,092. The most common annual income of people living in Salem, WI is between $35k-100k. Typical family type is married, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

23%
<35k
47%
35k-100k
26%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
11%
12-17 yrs old
16%
18-34 yrs old
52%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • SoccerSoccer
  • College FootballCollege Football

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • ArbysArbys
  • Jimmy JohnsJimmy Johns
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

Frequently asked questions

About 28426 98th St

This home is located at 28426 98th St in Salem, WI and zip code 53179 in the Camp Lake neighborhood. This 2,940 square foot home, which was built in 1920, sits on a 100.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $3,400,000.

Over 3 listings were sold over their listed price in February 2025 in Salem, WI. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. In February 2025 in Salem, WI there were 12.5% less homes for sale than in January. Listings spent 42 days on the market in February 2025, and had a median list price of $322,250 during the same period.

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

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