Delavan Homes under $400,000

Welcome to Delavan, Wisconsin—a charming city nestled in the heart of Walworth County, where small-town charm meets vibrant community spirit. Known for its beautiful lakes, picturesque parks, and rich history, Delavan offers an idyllic setting for families, retirees, and everyone in between. With a population that embraces its friendly atmosphere, Delavan is the perfect place to call home.

One of the standout features of Delavan is its affordability. If you’re searching for homes under $400,000, you’ll find a variety of options that cater to diverse lifestyles and preferences. From cozy single-family homes with spacious yards to modern townhouses with contemporary amenities, Delavan’s real estate market is brimming with opportunities for first-time buyers and seasoned investors alike.

Imagine waking up to the serene views of Delavan Lake or enjoying leisurely afternoons in one of the many local parks. The community is also home to excellent schools, vibrant local businesses, and a plethora of recreational activities, including boating, fishing, and hiking.

Delavan’s convenient location provides easy access to nearby cities like Elkhorn and Lake Geneva, making it an ideal spot for those who appreciate a slower pace of life while still enjoying the perks of nearby urban amenities.

Whether you’re looking for a starter home or a place to retire, Delavan’s affordable housing market under $400,000 is sure to impress. Come explore this delightful city and discover the perfect home that fits your lifestyle!

Newest Delavan Homes under $400,000

$383,400

2 Beds ⋅ 3 Baths ⋅ METRO-1983223 MLS ⋅ Eagles Pointe BLDG.

Enjoy golf course living in this spacious Eagle Pointe End unit condo overlooking Delbrook Golf Course! Bright, sun-filled dinette off the kitchen, large living room with dramatic full-wall arched window, gas fireplace and access to the deck--perfect for relaxing and watching the golfers. Main level offers 2 bedrooms, 2 full baths and convenient laundry. Finished lower level features a wet bar, great room, rec area, bath with shower and versatile multi-purpose room ideal for an office, workout or craft space. An additional area with egress window could easily be converted into a 3rd bedroom by adding a wall. Flexible living space, beautiful views and an outstanding location make this a must-see!

106 Eagle Pointe Drive Unit A, Delavan

Courtesy of Lake Country Flat Fee. info@lakecountryflatfee.com

$209,900

4 Beds ⋅ 2 Baths ⋅ SCW-2033921 MLS

Calling all investors! Welcome to 810 Ann St., Delavan. The roof is approximately two years old. Parts of the drywall have been replaced. Work throughout the house has been started but not finished in some areas. The water heater is from 2023. Enjoy the charm of Delavan while being close to local shops, restaurants, parks, schools, and beautiful Delavan Lake. Whether you're looking for a primary residence, investment property, or weekend getaway, this home is worth a look! Schedule your showing today.

810 Ann Street, Delavan

Courtesy of Rock Realty.

$379,000

3 Beds ⋅ 2 Baths ⋅ SCW-2033623 MLS

Welcome to this completely remodeled Delavan home, thoughtfully updated in 2025 and ready for you to move right in! The main level features an inviting living room filled with natural light, recessed lighting, neutral finishes, and timeless LVP flooring. You?ll also find two comfortable bedrooms, a beautifully updated full bathroom, and a stunning kitchen featuring two tone cabinetry, SS appliances, and quartz countertops. Upstairs, the entire level is dedicated to the spacious primary suite. The oversized bedroom offers plenty of room to relax, while the WIC provides excellent storage. The beautifully remodeled primary bathroom features a custom walk-in shower and stylish finishes. The finished LL adds even more usable space, including a second living area, office, and bonus room currently set up as a salon. The salon equipment is not included, making this flexible space ideal for a home office, studio, hobby room, or other personal use. Schedule your showing today!

1204 E Wisconsin Street, Delavan

Courtesy of Keller Williams Realty Signature. Pref: 815-218-3906

$369,000

3 Beds ⋅ 2 Baths ⋅ METRO-1982497 MLS

Beautifully updated, this 3-bedroom, 2-bath raised ranch is the one you've been waiting for! Step inside to find a fresh, modern interior featuring new flooring throughout, a brand-new kitchen, and new appliances. New windows add to the home's appeal while bringing in plenty of natural light and creating a bright, inviting atmosphere. The functional floor plan offers comfortable living spaces with plenty of room for everyday living and entertaining. Outside, enjoy a beautifully spacious yard that backs directly to a picturesque cornfield, offering peaceful views, added privacy, and a wonderful country-like setting. Whether you're relaxing outdoors, entertaining family and friends, or simply enjoying the open views, the backyard provides the perfect place to unwind.

141 Marino Avenue, Delavan

Courtesy of KW Lake + Luxury.

$325,000

3 Beds ⋅ 2 Baths ⋅ SCW-2033601 MLS

This charming home is waiting for your personal touches. The open kitchen offers plenty of counter space to whip up your amazing creations. The dining area leads to the cozy living room. Off the kitchen is another room that could be a formal dining room, office or den. Up stairs are 3 bedrooms with a full bath and a primary bedroom that offers lots of light and ample space. The LL has a full bath with a shower, laundry and storage space. Outside offers a front porch plus a patio to relax after a long day. The large lot has an amazing tree house for kids or the kid in you. There is a good size shed for storage a potting shed & more. You will enjoy lots of entertaining whether is is a BBQ, playing yard games and talking around a firepit. Most everything has been recently updated like the furnace, CA, windows, appliances, some flooring and the roof is around 10 years old. Lots to do in Delavan, Delavan Lake, Lake Geneva, Lake Como and so much more. Come take a look at your new home.

524 S 4th Street, Delavan

Courtesy of Restaino & Associates. Pref: 608-290-7112

$325,000

3 Beds ⋅ 2 Baths ⋅ METRO-1982290 MLS

Photos are digitally altered. This charming home is waiting for your personal touches. The open kitchen offers plenty of counter space to whip up your amazing creations. The dining area leads to the cozy living room. Off the kitchen is another room that could be a formal dining room, office or den. Up stairs are 3 bedrooms with a full bath and a primary bedroom that offers lots of light and ample space. The LL has a full bath with a shower, laundry and storage space. Outside offers a front porch plus a patio to relax after a long day. The large lot has an amazing tree house for kids or the kid in you. There is a good size shed for storage a potting shed & more. You will enjoy lots of entertaining whether is is a BBQ, playing yard games and talking around a firepit.

524 S Fourth Street, Delavan

Courtesy of Restaino & Associates.

$319,999

2 Beds ⋅ 1 Baths ⋅ METRO-1980817 MLS

Room to live, relax, create & enjoy! Set against a beautiful park-like back yard, this ranch offers exceptional space with an attached 2-car GA plus a detached 4-car GA. Inside, original wood floors & a NFP anchor the open living/dining area, while the oak-cabinet KIT connects to a heated laundry/mudroom-style breezeway. Upstairs, a bonus room above the attached GA provides flexible space for hobbies, an office or additional storage. An enclosed porch/sunroom offers another connection to the outdoors. The detached GA is a standout with drive-through 2-car doors, its own electrical panel & wood-burning stove. Recent improvements include a new roof in Spring 2026, newer furnace, central air & ductwork, plus updated plumbing & well components. Space, versatility & a great back yard to enjoy!

4939 Mound Road, Delavan

Courtesy of Shorewest Realtors, Inc.. PropertyInfo@shorewest.com

$275,000

3 Beds ⋅ 1 Baths ⋅ METRO-1981026 MLS

Discover the charm and convenience of this inviting 3-bedroom ranch in the heart of Delavan! This move in ready home offers comfortable one-level living with an updated full bathroom featuring a new shower/tub and vanity. The spacious eat-in kitchen has been refreshed with updated cabinetry and a stylish backsplash, creating a welcoming space for everyday meals and entertaining. A brand new water heater adds peace of mind. Outside, enjoy a partially fenced, spacious yard. A 1-car garage provides convenient parking and storage. Ideally located close to downtown Delavan, parks, restaurants, and everyday amenities, this home offers a wonderful combination of comfort, updates, and location. A great opportunity for those looking for an easy-to-enjoy home in an ideal setting!

1126 E Wisconsin Street, Delavan

Courtesy of @properties.

$325,000

4 Beds ⋅ 2 Baths ⋅ METRO-1980983 MLS

If you are looking for a great solid home with 4 bedrooms, 2 full baths and room to spread out with over 2300 sq.ft., this home delivers. Tall ceilings, great refinished wood floors on the main and upper, freshly painted interior and a surprisingly large, finished attic for a variety of uses. The kitchen has granite counters, and both baths have been updated. Great yard with a firepit, wonderful 3 season front porch and detached 1 car garage. Seller has replaced a wall re-creating the 4th bedroom/office space with walk-up attic access. Need a little assistance with costs getting into your new home or upgrades - Seller is offering concessions -

107 N Harrison Street, Delavan

Courtesy of KW Lake + Luxury.

$380,000

3 Beds ⋅ 3 Baths ⋅ METRO-1980517 MLS

Turnkey, fully renovated 3BR/3BA residence in prime Downtown Delavan! Perfect as a spacious single-family home with an in-law suite, multi-gen setup, live/work space, or high-performing house-hack. Walk to coffee, dining, Phoenix Park, Farmers Market & Lake Comus. Zero-maintenance overhaul: ALL NEW siding, windows, electrical, plumbing, water heaters, decks & paved driveway! Main level features a sunlit 2BR/2BA layout with a private primary suite. Upper level offers a private 1BR/1BA guest suite with its own full kitchen, living space & balcony deck with seasonal views of Lake Comus! All-new modern kitchens w/ new appliances & custom baths throughout. ALL UTILITIES SEPARATELY METERED (gas, electric, water). Central Business zoning with grandfathered 2-family status. Rare turnkey setup!

59 E Walworth Avenue, Delavan

Courtesy of Real Broker LLC.

$394,000

3 Beds ⋅ 2.5 Baths ⋅ METRO-1980279 MLS

Bring your decorating ideas to this contemporary tri-level in the Springs Park Subdivision. This home features over 2100 square feet, with vaulted ceilings, hardwood floors, living & dining room, updated kitchen, half bath along with a main floor laundry and that's just the main level! The home features a large master with ensuite and an additional 2 bedrooms and a full bath. Need more space move to the family room with natural fireplace and another half bath. The home sits on a beautful corner lot with a screened in porch. Please see list of updates under the document tab.

357 Spring Lane, Delavan

Courtesy of Milwaukee Executive Realty, LLC.

59 E Walworth Avenue Unit 59 1/2, Delavan

$380,000

METRO-1980158 MLS

Turnkey fully renovated 2-story duplex in prime Downtown Delavan! Walk to coffee, dining, entertainment, Phoenix Park, Farmers Market & Lake Comus. ALL NEW siding, windows, electrical, plumbing, water heaters, decks & paved asphalt driveway. First-floor unit offers a spacious 2 bed/2 bath floor plan flooded with natural light, complete with a private primary suite. Second-floor unit is a large 1 bed/1 bath featuring a private balcony deck with seasonal views of Lake Comus! All-new modern kitchens with new appliances & custom updated baths throughout. Unbeatable downtown location & versatile options-an ideal home base, live/work space, or high-performing property. GAS, ELECTRIC, WATER ARE ALL SEPARATELY METERED. 2 FAMILY DUPLEX W/ BUSINESS ZONING, CASH FLOW, HOUSE HACK! DONT MISS THIS ONE!

59 E Walworth Avenue Unit 59 1/2, Delavan

Courtesy of Real Broker LLC.

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