Condos & Townhomes · Lake Geneva Area

Condos for Sale in Lake Geneva WI

From lakefront condos on Geneva Lake to resort communities like Geneva National and Abbey Springs — the Lake Geneva area has one of the most varied condo markets in Wisconsin. Browse live MLS listings, compare communities, and connect with a local expert.

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Area Condo Median
+5.4% YoY
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Waterfront Condo Median
+7.1% YoY
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Avg. Days on Market
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Active Condo Listings

Lake Geneva Area Condo Listings

Live MLS data. Includes condos and townhomes across all Geneva Lakes communities.

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Lake Geneva Condo Market Data

Median prices by community and key investment metrics — 2026 data.

Median Condo Price by Community

All Geneva Lakes area condo communities

Geneva Lake Waterfront Condos$980K
Downtown Lake Geneva$520K
Abbey Springs (Fontana)$380K
Geneva National$310K
Williams Bay Condos$290K
Delavan Lake Condos$210K
Entry-Level (Walworth area)$185K

Median list price — 2026 data.

Condos vs. SFH Price (same area)61% of SFH

Condos offer 39% entry-point discount vs single-family

HOA Cost as % of Payment12–18%

Typical HOA adds $300–$700/mo to carrying costs

Vacation Rental Yield (eligible units)5.8% avg

Gross yield for STR-eligible lakefront units

Appreciation (5-yr avg, lakefront)+38%

Cumulative price growth 2020–2025, waterfront segment

Condo Communities by Area

Six distinct condo markets — from lakefront luxury to affordable entry-level.

Geneva National

Lake Geneva

Three Arnold Palmer-designed golf courses, spa, clubhouse, pools, and dining. The largest condo/townhome community in the area with a range of floor plans from studios to 3-bed units. Some buildings allow STR.

$220K – $900K

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Abbey Springs

Fontana-on-Geneva-Lake

Gated west-shore community directly on Geneva Lake. Private pools, tennis courts, beach, and boat slips. Highly sought-after for vacation and second-home buyers. HOA includes grounds and snow removal.

$220K – $750K

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Downtown Lake Geneva

Lake Geneva

Walk to the lakefront, restaurants, and boutiques. Historic buildings and newer construction. Limited inventory — units sell quickly when they come available. Best for buyers who want walkable resort-town living.

$280K – $1.2M

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Geneva Lake Waterfront

Lake Geneva / Fontana / Williams Bay

Direct Geneva Lake frontage with deeded boat slips. The most limited and premium condo inventory in the market. Structural scarcity means strong long-term appreciation and high seasonal rental demand.

$650K – $3M+

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Williams Bay

Williams Bay

Smaller north-shore village with lower price points and a quieter feel than Lake Geneva proper. Limited condo inventory but excellent value. Close to Yerkes Observatory and north-shore beaches.

$200K – $550K

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Delavan / Lake Lawn Area

Delavan

Most affordable condo option in the Geneva Lakes area. Delavan Lake access, Lake Lawn Resort proximity. Good option for entry-level buyers or investors seeking lower acquisition costs.

$150K – $400K

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What to Know Before Buying a Condo in Lake Geneva

HOA Rules & Rentals

Every condo association has its own rules around short-term rentals, pets, parking, and renovations. Verify STR eligibility before you make an offer if rental income is part of your plan. We can get you the HOA documents during your due diligence period.

HOA fees typically cover exterior maintenance, grounds, snow removal, and shared amenities. Get a full reserve fund study and 3 years of meeting minutes — you want to know if a major assessment is coming.

Financing Condos

Condo financing has additional hurdles compared to single-family: the project must be FNMA/FHA warrantable, have adequate HOA reserves, and meet owner-occupancy ratios. Some Lake Geneva condo buildings fail warrantability criteria, limiting buyer financing options.

Our team will flag warrantability issues before you get deep into a deal — avoiding the frustration of a loan falling through on a non-warrantable building.

Lake Geneva Condos FAQ

What is the average price of a condo in Lake Geneva?

Area-wide condo median is ~$340,000 in 2026. Entry-level units in Geneva National or Delavan start around $180,000. Downtown Lake Geneva condos run $280K–$1.2M. Lakefront condos on Geneva Lake start at ~$650,000.

Which Lake Geneva condo community is best for short-term rentals?

Some Geneva National buildings allow STRs — verify with the specific HOA. Many Abbey Springs rules restrict nightly rentals. Downtown Lake Geneva is also subject to city STR regulations. Always confirm before buying.

Do Lake Geneva condos appreciate in value?

Lakefront and near-lake condos have appreciated strongly — the waterfront segment averaged ~38% over 5 years (2020–2025). Inland/resort community condos (Geneva National, Abbey Springs) have also appreciated but more moderately at 20–30%.

What are typical HOA fees in the area?

Abbey Springs: $400–$700/mo. Geneva National: $350–$600/mo. Downtown Lake Geneva condos: $200–$500/mo. Lakefront buildings with boat slips: $600–$900+/mo. Always factor HOA into your monthly carrying cost calculation.

How do I find a good buyer's agent for Lake Geneva condos?

Call Legendary Real Estate Services at (262) 204-5534. Our agents know which buildings are warrantable, which HOAs have upcoming assessments, and which units offer the best value relative to their competition.

Ready to Find Your Lake Geneva Condo?

Condos in the Geneva Lakes area move fast. Our agents are on the ground — we'll get you in before the competition and flag any HOA or financing issues before you fall in love with the wrong unit.