ELITE Lake Real Estate

Elmwood Terrace

Condo association on Geneva Lake, in the City of Lake Geneva. Off-lake.

Also known as: Elmwood Terrace Condominium Homes

Condo associationOff-lakeHas rental rules

Researched by ELITE Lake Real Estate · Last checked November 2026 · Sources

Sold in Elmwood Terrace in the last 12 months

4 homes sold, at a median of $187,750 after a median 15 days on market, for 98% of the asking price.

Photo of 1250 Wisconsin St, Lake GenevaSold Jul 29, 2026
$148,500
Asking $148,500 · 100% of asking · 17 days on market
1 bd · 1 ba · 670 sqft · Condo
1250 Wisconsin St, Lake Geneva, WI 53147
Listing courtesy of Compass Wisconsin-Lake Geneva · MLS# 1969473
Photo of 1250 Wisconsin St, Lake GenevaSold Apr 17, 2026
$140,000
Asking $147,900 · 95% of asking · 12 days on market
1 bd · 1 ba · 685 sqft · Condo
1250 Wisconsin St, Lake Geneva, WI 53147
Listing courtesy of Compass Wisconsin-Lake Geneva · MLS# 1955594
Photo of 1270 Wisconsin St, Lake GenevaSold Dec 30, 2025
$265,000
Asking $275,000 · 96% of asking · 6 days on market
2 bd · 1.5 ba · 1,000 sqft · Condo
1270 Wisconsin St, Lake Geneva, WI 53147
Listing courtesy of RE/MAX Plaza · MLS# 1946151
Photo of 1270 Wisconsin St, Lake GenevaSold Dec 22, 2025
$227,000
Asking $229,900 · 99% of asking · 76 days on market
2 bd · 1.5 ba · 1,000 sqft · Condo
1270 Wisconsin St, Lake Geneva, WI 53147
Listing courtesy of RE/MAX Plaza · MLS# 1933849

About Elmwood Terrace

A condominium association.

Where it is: 1250 and 1270 Wisconsin St

Lake access

Off-lake, about a block from Geneva Lake.

Amenities

Reported amenities include an outdoor pool, heated underground parking with deeded spaces, on-site laundry and storage units. Confirm current amenities with the association.

Membership and dues

Dues vary and change over time. Ask for the current amount before you make an offer.

Rental rules

Can you rent out a home in Elmwood Terrace?

The City of Lake Geneva allows them with a license, but Elmwood Terrace has its own rental rules. Read them before you buy.

City of Lake Geneva

Allowed with a City license
  • Guests stay at least 2 nights, and the next guest can't arrive until 7 days after the last one arrived (Ordinance 24-13, adopted November 25, 2024).
  • Rentals run in one season of up to 180 consecutive days a year that the owner picks. Outside it, the next guest can't arrive for 29 days.
  • An annual City license ($1,300 a year), renewed by January 31, plus a state license, room tax permit, business license, building inspection and insurance.
  • Licenses don't transfer. A buyer needs a new license before renting.
  • A designated operator within 25 miles, reachable 24/7, and at least 2 off-street parking spaces plus 1 for each bedroom over two.
  • Every listing must show the City license number and the parking. Renting without a license is $1,000 a day.

Confirm with: City of Lake Geneva

Elmwood Terrace rules

Has rental rules

Association rules may prohibit rentals. Check the recorded covenants before you buy.

Rules checked November 2026. Next review February 2027. General information, not legal advice. Check another address

Thinking about Elmwood Terrace?

Get new listing alerts for this community, or ask me anything about it: lake rights, dues, rental rules, what homes sell for. Buying from Chicago? I'll tour any home for you and send a video the same day.

Sources

Researched by ELITE Lake Real Estate from county land records, town and village rules, and association and club information. Dues, amenities and rules change over time, so confirm everything for a specific home before you buy.