W8231 Lake Ter Lake Mills, WI ^$ 525,000

W8231 Lake Ter

^$ 525,000

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Open House 4/12 1pm - 3pm

W8231 Lake Ter

Lake Mills, WI, 53551

^$ 525,000

Bedrooms3 Baths2.1 Sq 3,099

Monthly Estimate*

^$ 3,233

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Single Family Home for sale in Lake Mills, WI

for $525,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,099 square foot home was built in 1991 on a lot size of 0.36.

ROCK LAKE in Lake Mills! Enjoy deeded lake access to a shared waterfront park with lake frontage and a pier! This 3-bedroom, 2.5-bath ranch-style home offers a peaceful setting while still providing easy access to everyday conveniences. Situated on a .357-acre wooded lot in a quiet neighborhood on the west side of Rock Lake, the property offers a sense of space while remaining close to local amenities. Recent updates including new flooring, updated lighting and hardware, give the home a clean, refreshed feel. The walkout lower level provides flexible space for entertaining, complete with a bar area and half bath. Whether you're looking to relax, host gatherings, or enjoy the lake lifestyle, this home offers something for everyone. Ready for summer fun on the lake. Move right in!

Open House

4/12/2026 1:00 PM - 3:00 PM

W8231 Lake Ter Lake Mills, WI

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

^$ 525,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 5,490

Style

Ranch

Lot Size

0.36

Year Built

1991

Town/City

Lake Mills

County/Region

Jefferson

MLS | Web ID

1956302

Features

Exterior

Lot Description Corner Lot Rural

Architecture Ranch

Exterior Wood

Garage Type Attached

Driveway Paved

Misc. Exterior Deck

Body of Water Rock Lake

Water Features Lake

Flood Plan No

Interior

Heating Fuel Natural Gas

Basement Full Full Size Windows Partially Finished Poured Concrete

Misc. Interior Gas Fireplace High Speed Internet Pantry Skylight Vaulted Ceiling(s) Wood Floors

Total Bedrooms 3

Bath Description Ceramic Tile Off MBR Shower Over Tub

General

Garage Electric Door Opener

Zoning RES

Number of Garage Spaces 2.00

Full Baths 2

Half Baths 1

Year Built 1991

Accessibility Bedroom on Main Level Full Bath on Main Level Laundry on Main Level Open Floor Plan Ramped or Level from Garage Stall Shower

Subdivision 2nd Add to Shorewood Hill

Style 1 Story Exposed Basement

County Jefferson

Type Subdivision Water Access/Rights

Property Type A

Municipality Town

Tax Year 2025

Directions Exit I-94 in Lake Mills (WI-89 S) R on Tyranea Park Rd (Cty-V) R on Cty-B) L on Shorewood Hills Rd R on Lake Terrace to home

High School Lake Mills

City Lake Mills

Taxes 5490.72

School District Lake Mills Area

Elementary School Lake Mills

Middle School Lake Mills

* Excluded Features

List By

Keller Williams - Lake Country Bt

Broker

beckythomas@kw.com

Affordability Calculator

$3,690

Per Month

Monthly Principal & Interest: $3,233
Monthly Property Taxes: $458
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Lake Mills, WI

Average List Price ^$560,440

Percent of Sale Price 7%

About Lake Mills, WI

5,860 Population

21% Since 2002

^$62,019 Median Income

39.97 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3044476 Elementary School

3044424 Middle School

Lake Mills High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2026	$525,000		Listed Price

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W8231 Lake Ter, Lake Mills, WI, 53551 is a Single Family Home for sale at $525,000 with 3,099 sqft and a lot size of 0.36. W8231 Lake Ter has 3 bedrooms, 2.1 baths, and was built in 1991. The property's zip code is 53551 which is in Lake Mills, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information is supplied by seller and other third parties and has not been verified.

Listing data courtesy of the Internet Data Exchange (IDX) Program of the Metro Multiple Listing Service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/12/2026.

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W8231 Lake Ter

Single Family Home for sale in Lake Mills, WI

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