ELITE Lake Real Estate

Somerset

Condo association on Geneva Lake, in the City of Lake Geneva. Lake access.

Also known as: Somerset Condominium, Somerset Association

Condo associationLake access

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

Homes for sale in Somerset

No homes in Somerset are listed for sale right now. See every home for sale in City of Lake Geneva or get listing alerts for Somerset.

The shaded area is Somerset as recorded in county plat maps. Boundaries are approximate; confirm lot lines with a survey.

About Somerset

A condominium association with an association lakefront park (lake access).

Where it is: 1120 S Lake Shore Dr, on private roads

Lake access

Owners have lake access through the association's lakefront park, whose common parcels reach the shoreline. Some homes may come with transferable boat slips. Confirm for each home.

Amenities

The association has a private lakefront park. It is reported to include a sand swimming beach, a gazebo and two boat piers, and golf carts are reported to be allowed on the private roads. Confirm 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 Somerset?

The City of Lake Geneva allows them with a license. Somerset'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

Somerset rules

Not published

No home rental rules were found. Association rules may limit boat slip rentals to other association members. Check the association documents before you buy.

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

Thinking about Somerset?

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.