Oak Trace
Condo association on Geneva Lake, in the City of Lake Geneva. Off-lake.
Also known as: Oak Terrace, Oak Trace Condominium, Trace Property Owners Association
Researched by ELITE Lake Real Estate · Last checked November 2026 · Sources
Homes for sale in Oak Trace
About Oak Trace
A small condominium and property owners association with 8 units.
Where it is: 469 Country Club Dr
Lake access
Off-lake, a short walk to downtown Lake Geneva and the lake.
Amenities
Reported features include association-owned woods and garages.
Membership and dues
Dues vary and change over time. Ask for the current amount before you make an offer.
Can you rent out a home in Oak Trace?
The City of Lake Geneva allows them with a license. Oak Trace's own rules aren't published, so we check 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
Oak Trace rules
Not publishedWe found no published rental rules for this community. That does not mean rentals are allowed. Covenants and association rules can still limit them, so we check the recorded documents before you buy.
Rules checked November 2026. Next review February 2027. General information, not legal advice. Check another address
Thinking about Oak Trace?
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.