Properties

Listing courtesy of Melges Real Estate
Property Description

The value is in the land and the possibilities are exceptional! Rare triple-lot waterfront property offering 144′ of frontage and 1/2+ acre, with potential to subdivide into two 72′ waterfront homesites or explore three 48′ lots. Each 72′ homesite offers 1/4+ acre, gentle elevation, excellent drainage, walk-out potential and expansive water views. The existing 3,000+ sq. ft. 4BR, 2.5BA lake home can be enjoyed today, featuring a sunroom, huge windows, walk-out basement, third-floor terrace and spacious patio overlooking the water. Commercial-grade pier/wharf included. Enjoy the existing home, create one spectacular lakefront estate, or explore development of two or three custom waterfront homes. A truly rare combination of acreage, frontage, views and opportunity!

Features
: Forced Air, Natural Gas
: Central Air
: Full, Other, Partially Finished, Walk Out/Outer Door, Full Size Windows, Shower
: Patio
: Paved, Parking Space
: Municipal Sewer
: Pier
: Bungalow, Other, Cape Cod
: Private Dock
: Wood Floors, Simulated Wood Floors
: Split Bedrooms, Expandable Attic, Walk-thru Bedroom
Appliances
: Dryer, Refrigerator, Washer, Range, Oven
Address Map
US
WI
Racine
Waterford
53185
Peninsula
5725
Dr
W89° 46' 58.3''
N42° 47' 38.4''
E
Res
Hwy 83/20 (Main St, West through the Village) North on Buena Park Rd, East on Grand to the end and right on E Peninsula
Neighborhood
Fox River
Evergreen
Waterford
Waterford UHS
Additional Info
Doering & Co Real Estate, LLC
Jeremy Doering
Additional Information
: Wooded, View of Water
2026-08-14
Tighigan/Fox/Buena
: Private Well
: Bedroom on Main Level, Full Bath on Main Level
3057
: Aluminum Siding, Steel Siding
: Subdivision
: 2 Story, Exposed Basement
Financial
5000.27
Listing Information
doe3
Active
2026-09-25T16:57:51Z
MetroMLS
2026-08-14T15:31:30Z
25387

Residential For Sale

5725 E Peninsula Dr, Waterford, Wisconsin 53185

4 Bedrooms
2 Bathrooms
0.55 Acre
$925,000
Listing ID #1976215
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1976215
Price : $925,000
Bedrooms : 4
Rooms : 11
Bathrooms : 2
Half Bathrooms : 1
Year Built : 1940
Lot Area : 0.55 Acre
Listing Status : Active
Waterfront Yn : 1
Full Bathrooms : 2
Contact Agent