Lake Geneva Homes under $200,000

Welcome to Lake Geneva, Wisconsin, a picturesque city nestled in the heart of Walworth County. Renowned for its stunning lake views, vibrant community, and rich history, Lake Geneva offers a unique blend of small-town charm and outdoor adventure. With its crystal-clear waters, residents and visitors alike can enjoy a variety of activities such as boating, fishing, and swimming during the warm summer months. In the winter, the area transforms into a snowy wonderland, perfect for ice skating and snowshoeing.

For those looking to make Lake Geneva their home, you’ll be delighted to discover that there are charming properties available for under $200,000. This affordable housing market opens the door for first-time homebuyers, retirees, and anyone in between to find their slice of paradise. These homes often feature cozy layouts, beautiful yards, and proximity to the lake, making it easy to enjoy the natural beauty that surrounds you.

Living in Lake Geneva means you’ll be part of a welcoming community that hosts numerous events throughout the year, including farmers' markets, art festivals, and holiday parades. The downtown area is filled with local shops, restaurants, and cafes, providing a perfect backdrop for leisurely strolls or family outings.

Whether you’re seeking a serene retreat or an active lifestyle, Lake Geneva is a place where you can truly have it all—affordable homes, stunning scenery, and a vibrant community atmosphere. Come explore the possibilities that await you in this enchanting lakeside city!

Newest Lake Geneva Homes under $200,000

245 Country Club Drive Unit 2D, Lake Geneva

$139,900

2 Beds ⋅ 1 Baths ⋅ METRO-1981734 MLS ⋅ Colonial View BLDG.

LAKE GENEVA CONDOMINIUM - 2 BEDROOM, SECOND FLOOR with WOODED VIEWS. Excellent opportunity for investment, weekend retreat or full-time residence. Superb location in Lake Geneva close to downtown, shopping, the beach & the LAKE! Colonial View amenities include elevator access, common area laundry & more. Association fees include heat, cable water & sewer. CONVENIENCE, LOCATION & AFFORDABILITY!

245 Country Club Drive Unit 2D, Lake Geneva

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

$185,900

1 Beds ⋅ 1 Baths ⋅ METRO-1980082 MLS ⋅ The Cove BLDG.

Creme de la creme at The Cove of Lake Geneva! Owner-occupied Unit #218 is beautifully maintained with virtually no wear and tear. Offered fully furnished and turnkey, this spectacular suite is ready to enjoy. Take in breathtaking views of the pools, winding creek and Riviera from the large private balcony. Features include a fireplace, whirlpool tub, flat-screen TVs and fully equipped kitchen. Recent updates include furniture, paint, microwave, TV above fireplace, bedroom ceiling fan, kitchen and bath countertops, light fixtures, recessed lighting, tile flooring, carpeting and dishwasher. Enjoy indoor/outdoor pools, 2 hot tubs, fitness center, gift shops, pickleball, tennis, basketball courts and more--all in the heart of downtown Lake Geneva!

111 Center Street Unit 218, Lake Geneva

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

$170,000

1 Beds ⋅ 1 Baths ⋅ METRO-1978283 MLS ⋅ Bella Vista Suites BLDG.

Vacation getaway and income-producing investment in one! This beautifully maintained, furnished 1BD suite features a kitchenette and private balcony overlooking Seminary Park, just steps from Lake Geneva. Enjoy a shared association pier, indoor pool, sauna, banquet facilities, professional on-site management, and available underground parking. Whether for personal use or rental income, this turnkey condo offers excellent cash flow potential, strong rental appeal, and outstanding amenities directly across from the lake. Can be combined with Unit 412.

335 Wrigley Drive Unit 413, Lake Geneva

Courtesy of Compass Wisconsin-Lake Geneva.

$169,900

1 Beds ⋅ 1 Baths ⋅ METRO-1976768 MLS ⋅ The Cove BLDG.

Enjoy peaceful views from your private balcony in this beautifully remodeled 1-bedroom condo in The Cove of Lake Geneva! This turnkey unit features updated flooring, modern countertops and a cozy fireplace creating the perfect space to relax after a day at the lake. The cove offers outstanding year round amenities including indoor/outdoor pools, tennis courts, and convenient access to Geneva Lakes public beach. Located just minutes shopping, dining and entertainment. You will also enjoy the convenience of Lake City Social restaurant right on site. Whether you are looking for a weekend getaway, year round residence, or an investment opportunity, this resort style condo offers the perfect blend.

111 Center Street Unit 263, Lake Geneva

Courtesy of RE/MAX Advantage Realty.

$170,000

1 Beds ⋅ 1 Baths ⋅ METRO-1974946 MLS ⋅ The Cove BLDG.

Unbeatable downtown location across from Geneva Lake and the Riv! Walk to premier shopping and dining--no car required. Completely Turn-key and fully furnished down to the forks, this Anchor unit features new carpet, sleeps 4 with a King bed and Queen pull-out, Kitchen with Granite counters, and gas fireplace for those cooler months when visiting the great seasonal events. The Perfect personal getaway or use the hassle-free optional rental program to offset your investment. Resort amenities include indoor/outdoor pools, spa, fitness center and game room for kids of all ages. Tennis courts, and onsite laundry. Bring your boat and park for a nominal fee. Owners are allowed 1 small dog. Unmatched affordability and convenience right downtown--you cannot find this value anywhere else!

111 Center Street Unit 239, Lake Geneva

Courtesy of KW Lake + Luxury.

$162,999

1 Beds ⋅ 1 Baths ⋅ METRO-1974319 MLS ⋅ The Cove of Lake Geneva BLDG.

Unit 235 at The Cove of Lake Geneva, where resort-style living meets the convenience of downtown. This beautifully furnished 1-bedroom condo offers an open-concept layout with a fully equipped kitchen, breakfast bar, cozy gas fireplace, whirlpool tub, private balcony, and queen sofa sleeper. Enjoy the lifestyle just steps from Geneva Lake, the beach, shopping, dining, and entertainment. The Cove's exceptional amenities include indoor and outdoor pools, hot tubs, fitness center, tennis courts, game room, on-site restaurant, and more. An ideal vacation retreat, weekend getaway, or investment opportunity with rental income potential.

111 Center Street Unit 235, Lake Geneva

Courtesy of MELGES Real Estate, LLC.

$198,000

1 Beds ⋅ 1 Baths ⋅ METRO-1969861 MLS ⋅ Golfview Condominiums BLDG.

Welcome to effortless living in this beautifully maintained, fully furnished one-bedroom condominium overlooking the community's newly renovated pool and clubhouse. This truly turnkey retreat is ready to enjoy--all you need to bring is your suitcase...and don't forget your swimsuit! The impressive clubhouse features a kitchenette, dining area, bar, comfortable living room for watching the game, game room, sauna, bath, and a changing room with a shower. Enjoy impeccably landscaped grounds, Hillmoor hiking trails next door, and an easy walk to downtown Lake Geneva, the lakefront, restaurants, and shopping. Resort-style living starts here! See video for full aerial views of the community!

112 Hank Jay Drive Unit F, Lake Geneva

Courtesy of Compass Wisconsin-Lake Geneva.

$189,000

1 Beds ⋅ 1 Baths ⋅ METRO-1968635 MLS ⋅ The Cove BLDG.

Owner Financing Available! Desirable 3rd-floor location with a spacious balcony overlooking the resort setting. Fully furnished and turnkey--everything is included! Features include a fireplace, breakfast bar, flat-screen TVs, and a queen sofa sleeper. Enjoy outstanding amenities including the largest outdoor pool complex in downtown Lake Geneva, indoor pool, two hot tubs, fitness center, game room, pickleball, tennis and basketball courts, plus an onsite restaurant. Conveniently located across from the beach and boat launch. Perfect as a personal getaway, investment property, or both. Participate in The Cove Rental Program and enjoy the flexibility of personal use while generating potential rental income.

111 Center Street Unit 355, Lake Geneva

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

$124,900

1 Beds ⋅ 1 Baths ⋅ METRO-1968244 MLS ⋅ Mill Creek Condominium BLDG.

SILVER UNIT IN THE MILL CREEK HOTEL in downtown Lake Geneva. Conveniently located in the central business area with an easy walk to Geneva Lake and all that downtown has to offer. Unique shops, bars, and restaurants all around. Indoor pool, fitness center, game room and outdoor patio. A nice added treat is the generous breakfast included each day. Unit faces the creek.

123 Center Street Unit 309, Lake Geneva

Courtesy of Coldwell Banker Real Estate Group. 262-348-1100

$113,000

1 Beds ⋅ 1 Baths ⋅ METRO-1965329 MLS ⋅ Mill Creek BLDG.

Experience the best of Lake Geneva from this charming Mill Creek Condotel, ideally located in the heart of downtown & just steps from Geneva Lake, the lakefront path, parks, boutique shopping, restaurants, golf courses & year-round entertainment. Whether you're looking for a personal getaway, an investment opportunity, or both, this unique property allows you to enjoy your unit when you're in town while generating rental income when you're away (rental program & date restrictions apply). The Silver Unit offers a private queen bedroom, full bath w/jacuzzi tub, kitchen, dining area & living room w/fireplace. A queen sofa-sleeper provides extra sleeping space, while the balcony is the perfect place to relax. Indoor pool, hot tub, underground parking, daily breakfast. So much to offer!!

123 Center Street Unit 204, Lake Geneva

Courtesy of RE/MAX Advantage Realty.

$127,500

1 Beds ⋅ 1 Baths ⋅ METRO-1964798 MLS ⋅ Bella Vista BLDG.

Vacation getaway and income-producing investment all in one! This beautifully maintained and reasonably priced furnished 1BD suite features a private balcony overlooking Seminary Park, and a desirable location just steps from Lake Geneva. Enjoy access to a shared association pier, indoor pool, hot tub, and sauna within this luxury boutique condo-hotel. Additional amenities include banquet facilities, professional on-site management, and available underground parking. Whether you're looking for a personal retreat or a turnkey investment property, this condo offers excellent cash flow potential in a fantastic location directly across from the lake. Don't miss this opportunity to own an affordable Lake Geneva getaway with outstanding amenities and strong rental appeal.

335 Wrigley Drive Unit 410, Lake Geneva

Courtesy of Compass Wisconsin-Lake Geneva.

1270 Wisconsin Street Unit 203A, Lake Geneva

$175,000

1 Beds ⋅ 1 Baths ⋅ METRO-1962218 MLS ⋅ Elmwood Terrace BLDG.

Enjoy low-maintenance living just a few blocks from Geneva Lake, and a short walk to downtown shops, restaurants, and entertainment. This freshly painted condo features a spacious living room, dedicated dining area with built-in cabinets for extra storage, loads of closet space, and a recently updated balcony overlooking the pool and green space. Many amenities in this quiet condominium complex are included with your monthly condo fees: Internet, cable TV, heat, water, hot water, trash, snow removal and lawn care, heated (deeded) underground parking space. Green space, pool, onsite laundry facilties, and separate storage unit complete this convenient Lake Geneva retreat.

1270 Wisconsin Street Unit 203A, Lake Geneva

Courtesy of RE/MAX Lakeside-Central.

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