Lake Geneva home sold for nearly $13 million

Photo: Realtor.com
Photo: Realtor.com

A Lake Geneva mansion has been sold for $12.75 million.

The 13,000-square-foot mansion is located on South Lake Shore Drive sold on Friday. It commanded one of the highest sale prices ever for a Lake Geneva-area home, according to listing agent Anne DuBray of Coldwell Banker.

According to a Crain’s Chicago report, the only other buyer paying more for a Lake Geneva-area home was when a Los Angeles woman spent more than $13.5 million in 2016 and 2017 buying most of the condos in a historical mansion to reassemble them into a single residence

The South Lake Shore Drive home sold on Friday has 13 bedrooms, 16 total bathrooms, three kitchens and a pool, and boasts 208 feet of lake frontage. Other rooms include three kitchens, an exercise room and a library.

It also has a four-car garage, elevator and resort-sized pier, according to online listings.

The home was built in 2009.

It is assessed at roughly $9.68 million, and was last sold in 2007 for $3.9 million, according to Walworth County records.

The seller is Thomas Kramer, of Glenview, Illinois.

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Alex Zank
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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