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Shovel-Ready Double Lot
For Sale
$149,000

8501 South Deerwood Lane, Franklin, WI 53132

Shovel-ready double lot for a ranch-style side-by-side condo plan, with established exterior design and pond view.

Property Size31,798 SF
Price / SF$4.69
Days on Market218

Property Features for 8501 South Deerwood Lane

General Information

Standard status Active
Size 31,798 SF
Property subtype Land / Vacant Land

Taxes and HOA fees

Annual Taxes $2,584

Building Details

Construction ranch-style
Listing Agency: Mahler Sotheby's International Realty
Listed By: Douglas Milinovich · License #77037-94
Source: Compass
Added: Mar 27 Changed: Oct 25 Last Checked: Oct 28 at 11:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mahler Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

This offering represents the final double lot in a developed community, presented as a shovel-ready project. The site overlooks a pond and is designed to support a ranch-style side-by-side condo format. While the exterior design and floor plan are established to maintain community cohesion, the interior can be customized to the buyer’s preferences.

The location is described as being between Milwaukee and Illinois, with shopping, dining, and everyday amenities just minutes away. The layout also supports multiple ownership options, including living in one unit while selling the other, selling both units, or creating a multi-generational living arrangement.

Key Highlights

  • Shovel‑ready double lot for a ranch‑style side‑by‑side condo plan
  • Established exterior design and floor plan intended to maintain community cohesion
  • Pond view from the double lot

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 53132, WI

36,166
Population
14,073
Households
2.6
Avg Household Size
44
Median Age
46%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
1,042
Density / Sq Mi
$110,656
Median Household Income
$64,194
Median Earnings
$1,380
Median Rent
$345,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready double lot for a ranch-style side-by-side condo plan, with established exterior design and pond view.
Where is this residential land & home lot located?
The property is located at 8501 South Deerwood Lane Franklin, WI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Shovel‑ready double lot for a ranch‑style side‑by‑side condo plan; Established exterior design and floor plan intended to maintain community cohesion; Pond view from the double lot
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