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Lakefront Estate At 389 North Lakeshore Drive In Fontana Sells For $14.3M
SOLD
$14,300,000
Wisconsin
See Similar DealsSingle Family10,960 SF
Sold
SOLD
Lakefront Estate At 389 North Lakeshore Drive In Fontana Sells For $14.3M
389 North Lakeshore Drive
See Similar DealsSingle Family10,960 SF
Sold
Summary
WISCONSIN
Asset Type:Single Family
Price Per Square Foot:$1304
Total Square Footage:10960 SF
Transaction Type:Sale
A 10,960-square-foot lakefront estate located at 389 North Lakeshore Drive in Fontana, Wisconsin, has been sold off-market for $14.3 million. This transaction marks the highest sale price for a Geneva Lake home since June 2025, highlighting the value of the property in this premium market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,300,000
- Square Footage: 10,960
- Price Per Square Foot: $1,305
- Market: Fontana, WI
- Broker: David Curry - Geneva Lakefront Realty
David Curry from Geneva Lakefront Realty represented the transaction, facilitating the deal for this significant property sale, involving key market players in the Fontana area.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$762,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$50,804.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$67,789.30
Annual Debt Service$813,471.55
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