281 South Lake Street, Elkhart Lake

$5,500,000   |   4 beds   |   3.5 baths

281 South Lake Street
Elkhart Lake, WI

Presenting the most well-known house in Elkhart Lake.

Rarely does a property that combines history, legend and a prime location become available. Gatsby would be envious.

Located on 80 feet of pristine Elkhart Lake water frontage and at the very epicenter of the Village's racing heritage, this grand estate has stood sentinel at The Hard Left for 72 years.

This well preserved, updated example of Tudor Revival architecture, built in 1935 and located directly across Lake Street from the legendary Siebkens Resort, began as The Tern and Anchor, a boozy dining establishment, then a gambling casino in the 1940's. Legends abound of waiters in white tuxedos serving gamblers surrounded by one armed bandits and roulette wheels.

Spanning 5,000 square feet spread over four floors, the home delivers sweeping vistas of the lake from all important rooms. A two car garage and boat house provide additional storage. Four bedrooms give sufficient guest accommodations. And a private dock allows mooring for your favorite Gar-Wood.

Zoned Resort Commercial by the Village, the possibilities are endless. Call now for your private tour.

Property Details

Presented By

Tim Jagemann

Lake Real Estate Advisors
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