10/01/2025
Very interesting! Super excited that my office is going to be opening our new location in very soon!
Two more upper-priced mansions on the shoreline in Lake Geneva are adding to the pile of evidence of a seemingly insatiable appetite for homes in the $8 million-and-up range in that desirable slice of Wisconsin.
One is a house on Bayview Drive that debuted in the "coming soon" section of real estate listings Sept. 13 asking nearly $8.5 million. It was first available to be seen by buyers a week later, and then took just two days to go under contract. The contract was signed Sept. 22, listing agent Gina Nocek of Christie's International Real Estate told Crain's.
Next up in the white-hot mansion market on the shores of Geneva Lake is an eight-bedroom 7,800-square-footer on Lake Shore Drive that showed up on the "coming soon" list Sept. 19. The asking price is a little over $9.98 million.
David Curry, the Geneva Lakefront Realty agent representing the new-construction home, said it becomes available for showings today and he's already received calls from interested parties.
Beyond the general explanations that high-net-worth buyers are reaping hefty gains from a healthy stock market and aren't concerned about costly mortgage rates, Curry says he believes there's another factor.
"There's a lot of FOMO driving this voraciousness," Curry said, referring to the "fear of missing out." Friends visit friends at their Lake Geneva homes and "they see it's a way to make their Saturdays better, too," he said.
Read more here: https://www.chicagobusiness.com/residential-real-estate/lake-geneva-sees-out-control-demand-high-end-homes?utm_source=facebook&utm_medium=soc-own
