281 S Lake St
For Sale

281 S Lake St

281 South Lake Street, Elkhart Lake, WI 53020

$5,500,000
Presenting the most well-known house in Elkhart Lake.
 
Rarely does a property that combines history, legend and a prime location become available.
 
Located on 80 feet of pristine Elkhart Lake water frontage and at the very epicenter of the Village's racing heritage, this grand estate has stood sentinel at The Hard Left for 72 years.
 
This well preserved and updated example of Tudor Revival architecture, built in 1935 and located directly across Lake Street from Siebkens Resort, began as The Tern and Anchor, a boozy dining establishment, then a gambling casino in the 1940's. Legends abound of waiters in white tuxedos serving gamblers surrounded by one armed bandits and roulette wheels.
 
Spanning 5,000 square feet spread over four floors, the home delivers sweeping vistas of the lake from all important rooms. A two car garage and boat house provide additional storage. Four bedrooms give sufficient guest accommodations. And a private dock allows mooring for your favorite Gar-Wood.
 
Zoned Resort Commercial by the Village, the possibilities are endless. Call now for your private tour.

4
beds

4
baths

5,000 Sq.Ft. LIVING AREA

5,000 Sq.Ft. lot

Tim Jagemann

Tim Jagemann

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • full bathrooms3
  • half bathroom1

Area & Lot

  • Status For Sale
  • Living Area5,000 Sq.Ft.
  • Lot Area5,000 Sq.Ft.
  • TypeResidential
  • YEAR BUILT1935
  • NeighborhoodElkhart Lake

Exterior

  • Garage Space2

Financial

  • Sales Price$5,500,000
281 S Lake St

Rarely does a property that combines history, legend, and a prime location become available.

– Tim Jagemann
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Schedule a Showing

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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 281 South Lake Street, Elkhart Lake, WI 53020. We are reviewing your request and will be in touch shortly!

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