Lake Geneva Homes under $500,000

Welcome to Lake Geneva, Wisconsin, a picturesque gem nestled in the heart of Walworth County. Known for its stunning lakefront views, vibrant community, and rich history, Lake Geneva offers a unique blend of relaxation and adventure that appeals to both residents and visitors alike. With its charming downtown area filled with quaint shops, delectable dining options, and year-round festivities, Lake Geneva is a place where memories are made.

If you’re seeking a home in this idyllic setting without breaking the bank, you’ll be delighted to discover a variety of options under $500,000. From cozy cottages to modern townhomes, the real estate market in Lake Geneva caters to diverse preferences and budgets. Imagine waking up to the serene sounds of nature, enjoying morning coffee on your deck, and having access to the sparkling waters of Geneva Lake just moments away.

Families, retirees, and young professionals alike are drawn to Lake Geneva’s welcoming atmosphere and strong community spirit. The area is renowned for its outdoor activities, including boating, fishing, hiking, and skiing, ensuring that there’s always something to do, regardless of the season.

Investing in a home in Lake Geneva not only secures a beautiful residence but also a lifestyle filled with leisure and enjoyment. With homes available under $500,000, now is the perfect time to explore the possibilities in this enchanting city. Come and discover your dream home in Lake Geneva, where every day feels like a vacation!

Newest Lake Geneva Homes under $500,000

$424,900

4 Beds ⋅ 2 Baths ⋅ METRO-1983224 MLS

Welcome to this lovely remodeled home close to the heart of Lake Geneva and all downton Lake Geneva has to offer. Modern kitchen with stainless appliances, 42inch white cabinets and vinyl plank flooring. 4 bedrooms, and 2 baths and fenced yard with a deck off the kitchen. This property comes fully furnished so just move right in! Currently operating as a successful short term rental, which makes this an attractive opportunity for investors, second home or anyone looking for a move in ready lake area retreat.

717 Center Street, Lake Geneva

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

$399,900

2 Beds ⋅ 1 Baths ⋅ METRO-1982870 MLS

Charming Lake Geneva home in a premium location close to downtown, the lake, dining, shopping and year-round activities! Beautifully updated with new flooring and fresh paint throughout. The all-new kitchen features new cabinetry, quartz countertops, appliances, faucets and lighting. Updated bath includes a new shower, vanity, fixtures and tile. Enjoy a cozy fireplace with new drywall and shiplap detail. Situated on a fenced 1/4-acre lot with a charming picket-fenced front yard. New garage plus original 1-car garage offers great storage. Finished basement features a family room, laundry and additional storage. Roof and mechanicals approx. 10 years old. Move right in and enjoy the Lake Geneva lifestyle!

1016 Logan Street, Lake Geneva

Courtesy of Baird & Warner.

$459,900

3 Beds ⋅ 2 Baths ⋅ METRO-1982787 MLS

Welcome to Symphony Bay! This well-maintained 3BR, 2BA stairless ranch offers effortless one-level living in a highly coveted Lake Geneva community. The open-concept kitchen overlooks the dining area and spacious living room. The primary suite features a large WIC and ensuite bath, while the second bedroom offers access to the 2nd full bath. A third bedroom provides flexibility as a guest room, home office or den. Snow removal and lawn care included along with access to Symphony Bay's two clubhouses! Enjoy fantastic amenities including a clubhouse with pool, exercise room and gathering spaces, plus access to a second clubhouse overlooking the serene waters of Lake Geneva. With low monthly fees and an exceptional location, this gem is ready to welcome you home!

321 Bowing Way, Lake Geneva

Courtesy of First Weber Inc -NPW.

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

$259,900

1 Beds ⋅ 1 Baths ⋅ METRO-1981578 MLS ⋅ The Cove of Lake Geneva BLDG.

Experience the best of Lake Geneva living with this beautifully updated Anchor unit at The Cove, ideally located in the heart of downtown Lake Geneva. Whether you're looking for a weekend retreat, vacation home, or condo-hotel investment, this exceptional property offers the perfect blend of comfort, convenience, and resort-style amenities. Step inside to discover a thoughtfully renovated, fully furnished unit that's ready for you to enjoy from day one. The inviting living area features a cozy fireplace, creating the perfect space to relax after a day on the lake or exploring downtown. Step out onto your private balcony and take in the peaceful pool views while enjoying your morning coffee or unwinding in the evening.

111 Center Street Unit 302, Lake Geneva

Courtesy of Compass Wisconsin-Lake Geneva.

$395,000

3 Beds ⋅ 1.5 Baths ⋅ METRO-1981373 MLS

Comfort, convenience and versatility come together in this inviting ranch home, ideally located approximately 4 blocks from Geneva Lake, in a very nice residential neighborhood. Natural wood floors enhance the living room, kitchen and dining area, while the attractive re-bricked gas fireplace adds warmth and charm. The updated eat-in kitchen features attractive cabinetry, granite counters and patio doors leading outdoors. Three bedrooms and 1.5 baths complete the main level. The lower level offers more room to enjoy with a bonus room, spacious rec room and adjacent second kitchen area with cabinets, counter and refrigerator, plus space for a cooktop. An ideal primary residence, vacation retreat or flexible investment for the right buyer. The seller prefers to sell the home fully furnishe

1115 Bonnie Brae Lane, Lake Geneva

Courtesy of Legendary Real Estate Services. 262-204-5534

$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.

$379,900

3 Beds ⋅ 1 Baths ⋅ METRO-1977713 MLS

A quintessential white picket fence welcomes you to this charming home. Conveniently close to downtown Lake Geneva. Spacious living room. Hardwood floors in many rooms. Kitchen with oak cabinets. Main level primary suite & laundry. Upper level offers 2 additional bedrooms. Enjoy the seasons from the enclosed 3-season porch. Relax on the patio overlooking the partially fenced backyard. A 2-car garage completes this wonderful home.

923 Marshall Street, Lake Geneva

Courtesy of Lake Geneva Area Realty, Inc..

$325,000

2 Beds ⋅ 2.5 Baths ⋅ METRO-1977373 MLS ⋅ Woodlands BLDG.

Whether you're looking for a summer getaway or a permanent residence, this is your chance for Lake Geneva living! This end unit condo has a beautiful open concept that is perfect for entertaining. Two bedrooms open up to your walk out patio with views of the large association pool. The newly finished basement offers additional space for a bedroom or office with a half bath and a giant rec room that connects to your deep 2 car garage. You are steps away from your pool or a mile to downtown. opportunities like this don't come very often.

810 Kendall Lane, Lake Geneva

Courtesy of Berkshire Hathaway Starck Real Estate.

$474,900

3 Beds ⋅ 2 Baths ⋅ METRO-1977190 MLS

Large ranch home is refreshed and ready! Close to town & the beach in desirable Sturwood neighborhood. Main floor features 2 living rooms, one with a gas fireplace, updated kitchen with granite counters, newer SS appliances & pantry. New primary bathroom & new flooring in Living, Dining & Family rooms. Massive unfinished basement walks out to a new patio. New Trex style decking installed and exterior painted in 2024, new roof in 2021. Nice ''Tot Lot'' park 2 doors away. Oversized 2 car attached garage. Rent w/option to buy is also available! Call Marc for details. Owner is a licensed R.E. Broker

1707 Miller Road, Lake Geneva

Courtesy of Twin Realty, Inc.

$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.

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