Beaver Lake home sold for $3.1 million

6,000-square-foot house was built in 2010

Photo courtesy of Zillow.
Photo courtesy of Zillow.

Last updated on March 17th, 2020 at 01:37 pm

A home on Beaver Lake in the town of Merton has been sold for $3.1 million, according to state records.

The 6,000-square-foot house sits on a 1.2-acre lot, and its 16 total rooms includes five bedrooms and 4.5 bathrooms, according to a listing on Zillow. Other features include 100 feet of lake frontage, a boat house by the water, large fire pit, a 3.5-car garage and a detached garage for boat storage.

The home also includes a finished basement with walk-out access, a fireplace, wet bar and walk-in closets.

It was constructed in 2010 and has an assessed value of $1.96 million, according to Waukesha County records.

The buyer, Spence IV LLC, lists a Chicago address. The buyer’s agent is Liam Caffrey, chief executive officer of insurance company Aon Affinity.

The house was purchased from previous owners, Michael and Sharon Hipp. Michael Hipp is president and secretary of Hexagon, an investment company with offices in Denver and Milwaukee.

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Alex Zank covers commercial and residential real estate for BizTimes. Alex previously worked for Farm Equipment magazine and also covered statewide construction news at The Daily Reporter. He graduated from the University of Wisconsin-Eau Claire, where he studied journalism, political science and economics. Having grown up in rural western Wisconsin, Alex loves all things outdoors, including camping, hiking, four-wheeling and hunting.

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