Waterfront
Address
W4340 Basswood Drive, Linn, WI
Price
$ 5,750,000
Property Attributes
  • MLS#11352455
  • TypeLand
  • CountyWALWORTH
  • CityLinn
  • AreaWI-Geneva - Linn - Lake Geneva
  • Zip53147
  • StyleAgricultural
  • Taxes$ 4404
  • Price$ 5,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size55.32 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

For less than the cost of a Geneva Lakefront lot, you can have a 55-acre private and gated estate off the infamous Basswood Drive with a panoramic view of Geneva Lake. As a family compound, the former Majestic Ski Hill will provide activities for the entire family year round, including hiking, mountain biking, and sledding. You can add tennis courts, a zip line, and a swimming pool or anything else that you desire. Imagine a fire pit at the top of the hill for the family to gather at sunset or for fireworks. While this doesn't offer lake access with a boat slip, many people only take the boat a few times each season anyway, and this property has the most majestic lake views and can entertain the family year round. It's a one-of-a-kind property with so much to offer, including development opportunities as well. The current owner is considering developing the property into a mixed-use community with estate homes, lodge, and private club with dining and amenities including tobogganing, tubing, platform tennis, hiking trails, swimming, and mountain biking. Located in the Town of Linn, the property is part of Fontana ETZ and is currently zoned A-5, ETZ Rural Residential zoning with 1 acre minimum per residential dwelling (see, Fontana Code Sec. 18-335 for more specific zoning information.) Prelim Geotechnical Exploration Report with borings available in the docs.

Price History
3/21/2022 Listed $5,750,000

General Features

City Linn
County Other
Current Use Agricultural
Days on Market 32
Directions Basswood North of South Lakeshore Drive to gated entrance.
MLS Area WI-Geneva, Linn, Lake Geneva
Percent Ownership Fee Simple
Possession Closing
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name Basswood
Tax Annual Amount 4404.81
Tax Year 2020
Township Linn
Utilities Electric Nearby, Gas Nearby, Well Private
Virtual Tour https://youtu.be/HJ6ToPLnhJE
Waterfront Y/N No

Interior Features

Basement None
Laundry Features None
Street Suffix Drive

Exterior Features

Frontage Length 2615
Frontage Type Public Road
Lot Dimensions 1153X1951X670X64X288X607X199X2615
Lot Size Acres 55.32
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 53147

Price
AVG $430K
$5.75M
Taxes
AVG $1,338
$4,404
Visits
AVG 78
82

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