$4,869 Closing Credit¹
#1909359, Jill Preissner, Listing Office: Village Realty & Development
$499,900 List price
516 Otto Way Elkhart Lake, WI 53020
$5,936
Closing credit¹
2 beds
3 full, 1 partial
1,750 sqft
$286 / sqft
Condo
Property details
About 516 Otto Way
The Greens of Elkhart Lake has all that Historic Elkhart Lake has to offer within walking distance with Quit Qui Oc Golf Club, Fireman's Beach just down the street and the Elkhart Lake ''Resident's Beach'' is free to all village residents. This 2 bedroom, 3 1/2 bathroom, single car attached garage condo has a kitchen w/breakfast bar, dining area, living room w/gas fireplace, a 1/2 bath and laundry on the main level. The primary suite is upstairs with a walk in closet and 3/4 bath as well as bedroom #2 and a full bath with shower over tub. On the lower level is rec room with a built in Murphy bed and walk up bar. There is also a 3rd full bathroom, mechanical room and storage on this level. On the back side is a small patio.
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,750 sqft
BasementYes
Year built2000
ParkingAttached,Opener Included,1 Car
MLS #1914630
Attached garage1 space
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Basement: Yes
- Interior: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Walk-in closet(s), Wet Bar
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached,Opener Included,1 Car
- Exterior: Patio/Porch, Private Entry
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $499,900
- Price/SqFt: $285
- Annual Tax Amount: $4,089
- Tax Year: 2023
- Directions: Hwy 67 to Hickory Lane, West to Paulina Place, North to Otto Way, East to Property
- Year Built: 2000
- Stories: 2
- Living Area: 1,750 SqFt
- Municipality: Elkhart Lake
- MLS Number: 1914630
- MLS Name: WIREX_METRO
- Office Name: Pleasant View Realty, LLC
- Office Phone: (920) 892-7711
- Office Email: info@pleasantviewrealty.com
- Listing Agent: Todd Smith
© 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: 5/28/2025, 10:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,900
516 Otto Way
$5,936
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 28, 2020 | Home Sold | $315,000 |
| May 29, 2012 | Home Sold | $260,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $287,000 | $4,089 |
| 2022 | $222,000 | $4,260 |
| 2021 | $222,000 | $4,427 |
| 2020 | $222,000 | $4,440 |
| 2019 | $222,000 | $4,048 |
| 2018 | $222,000 | $3,860 |
| 2017 | $222,000 | $3,830 |
History based on county public records data.
Nearby schools
6
Parkview Elementary School
Public District PK-4
5.0 mi
•500 Parkview Dr
8
Fairview Elementary School
Public District PK-4
5.7 mi
•300 Salem Dr
5
Zielanis Elementary School
Public District PK-4
6.4 mi
•1010 Adams St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,500. The majority of Elkhart Lake, WI residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
15%
<35k
52%
35k-100k
28%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
6%
Single, with Kids
43%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Bass Pro Shops
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
GMC
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 Otto Way
The listing price of 516 Otto Way property is $499,900.
The property 516 Otto Way is a condo located in Elkhart Lake, Wisconsin, 53020.
Active Listing: 516 Otto Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 516 Otto Way are: Parkview Elementary School (GreatSchools Rating 6/10), Fairview Elementary School (GreatSchools Rating 8/10), Zielanis Elementary School (GreatSchools Rating 5/10), Elkhart Lake Elementary/Middle (GreatSchools Rating 7/10), Riverview Middle School (GreatSchools Rating 5/10), Kiel Middle School (GreatSchools Rating 8/10), Elkhart Lake High School (GreatSchools Rating 7/10), Plymouth High School (GreatSchools Rating 5/10), Kiel Eschool (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $4,089 (source: MLS/based on county public records data).
The last sale was on July 28, 2020 for $315,000 (source: MLS/tax record).
The property at 516 Otto Way has 2 bedrooms and 3 full and 1 half bathrooms.
The property 516 Otto Way is 1,750 SqFt (source: MLS/tax record).
The year of construction for 516 Otto Way is 2000.
This home is located at 516 Otto Way in Elkhart Lake, WI and zip code 53020. This 1,750 square foot home was built in 2000. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $499,900.
In April 2025 more than 0 listings in Elkhart Lake, WI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in Elkhart Lake, WI increased by 33.3% between March and April 2025.
From Rocket Homes Real Estate and based on county public records data.