A historic house on Oconomowoc Lake just sold for a staggering sum.
According to online real estate records, the Minnewoc mansion, also known as Bullen's Castle, sold for $7.799 million in May. The transaction price is likely the highest for a private residence in Waukesha County. adhunters
The buyer was OC Lake, LLC, while the seller was the Doniparthi Revocable Trust. The grantor agent was named as Keller Williams Realty.
The asking price for the 16,000-square-foot mansion at 35308 Pabst Road was $10.5 million when it was offered in 2017. The mansion has 21 rooms and six bedroom suites, according to Coldwell Banker Elite, which had Minnewoc listed at the time.
It covers 7.2 acres and has 800 feet of shoreline as well as a private island.
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According to Bruce Gallagher of Gallagher Lake Country Real Estate, the sale price is by far the highest ever in the county. Gallagher specializes in selling high-end lake properties in the area and was not involved in the Minnewoc deal.
A Pine Lake mansion that was sold over a decade ago for $5.73 million, according to Gallagher. Gallagher sold a $5.1 million property on Oconomowoc Lake in 2019.
Oconomowoc's Minnewoc house recently sold for $7.799 million.
Minnewoc was founded in 1892 by George Bullen, a rich Chicago malt entrepreneur. Anne Boleyn's Hever Castle in England served as inspiration for the residence.
A three-hole golf course was originally on the property, according to Maureen Stapleton, a prominent realtor in the Lake Country area.
People from outside the area who would ordinarily look for properties in Lake Geneva have turned their focus to the Lake Country area, according to Stapleton, who was also not involved in the latest sale.
Minnewoc was last sold in 2013 for $2.6 million. The mansion's property tax for 2020 was stated at $82,779.93.
Between 2013 and 2017, the owners undertook extensive renovations, increasing the size of the property from 10,000 to 16,000 square feet.
The adoption of 72 solar panels and "smart-home" technologies were among the upgrades. The mansion boasts six full bathrooms, four half bathrooms, two laundry rooms, a standard and catering kitchen, a library, bar, game room, and theater, according to the 2017 listing.
A patio and an atrium provide views of Oconomowoc Lake. A glass elevator that pauses at each story of the house leads to the master suite.
There's also a walled garden, a water tower, a gazebo, and three-bedroom guest accommodations on the sprawling property.