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197 W Main Street, Fontana, WI 53125

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For Sale

$399,000

4 beds • 2 baths • 1,948 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $204.83
    Price per square foot

  • Basement
    Rooms

Explore this Property

Just blocks from Geneva Lake, 197 W Main Street in Fontana presents a rare opportunity to craft your dream home in one of Walworth County's most prestigious lake communities. Set on two adjoining parcels totaling 0.66 acres, this property provides the perfect setting to renovate the existing residence or replace it with a new custom home designed to capture the beauty and lifestyle of the Geneva Lake area. The current two-story, 4-bedroom, 2-bath home offers flexible living with upper and lower quarters-each featuring its own kitchen-along with a personal elevator, fireplace, and expansive wrap-around upper deck. Whether you envision a modern lakeside retreat or a timeless classic, this prime location places you moments from the lakefront, dining, and boutique shopping. With a $399,000 minimum opening bid, this auction is a rare chance to secure a generous parcel in the heart of Fontana-offering limitless opportunity to reimagine, rebuild, and realize your dream property. ONLINE REAL ESTATE AUCTION - 197 W Main Street, Fontana, WI 53125 (Parcel STFV00003B and Vacant Parcel STFV00003A). IN-PERSON PREVIEWS (OPEN HOUSES): Sunday, October 26, 2025, from 1:00 PM - 2:00 PM and Saturday, November 1, 2025, from 1:00 PM - 2:00 PM. AUCTION END DATE: Thursday, November 6, 2025 (the auction starts to close at 7:37 PM). AERIAL DRONE FOOTAGE: see Beloit Auction website/app. 3D VIRTUAL TOUR: see Beloit Auction website/app. FLOOR PLANS WITH ROOM MEASUREMENTS: see Beloit Auction website/app. PROPERTY HIGHLIGHTS: *Two story home with additional adjoining vacant lot *4 bedroom / 2 bath *Upper and lower living quarters with kitchens on both levels *Appliances include: refrigerator, stove, two dishwashers, two microwaves, washer, and dryer *Personal elevator for handicap access to both levels (with handicap bathroom on upper level) *Fireplace *Upper wrap-around deck and lower deck on the backside of the home *Partially wooded lot with mature trees *Forced air heat (natural gas) *Water softener *Total acreage - 0.66 acres (STFV00003B is 0.25 acres and Vacant Parcel STFV00003A is 0.41 acres) *Total square footage - 2,821 sq ft (main level is 1,006 sq ft, the upper level is 942 sq ft, and the lower level is 873 sq ft) *Located in the Village of Fontana-on-Geneva-Lake in Walworth County, Wisconsin *Municipal sewer and water *Before bidding, see Documents section on our website/app for Inspection Report for disclosure on the property's condition *Zoning - R1 - Single Family Residence *Parcel numbers in Walworth County, WI - STFV00003B and STFV00003A *Total assessed value - $561,300 (STFV00003B is assessed at $435,900 and STFV00003A is assessed at $125,400 *2024 taxes - $4,265.89 for both parcels *Title is guaranteed free and clear at closing (with taxes and utilities paid up to the closing date) *$399,000 minimum opening bid
MLS# 11596042

Courtesy Of Beloit Auction & Realty, Inc.

(608) 364-1965

Property Features

  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Lot Size
    0.66 Acres
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 197 W Main Street, Fontana, WI 53125

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.