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Milwaukee CountyMLS 1957984

8501 Deerwood Ln S

Franklin, Wisconsin 53132

$149,000

8501 Deerwood Ln S, Franklin, photo 1 of 3
—Bedrooms
—Bathrooms
—Square feet
0.73Acres

About this home

Rare opportunity to secure the final double lot in a highly sought-after development! Ideally located between Milwaukee and Illinois, this prime site overlooks the pond and offers exceptional convenience with shopping, dining, and everyday amenities just minutes away. This shovel-ready project requires a ranch-style side-by-side condo, with exterior design and floor plan established to maintain community cohesion, while allowing you to fully customize the interior to your taste. Exceptional versatility: live in one unit and sell the other, sell both for investment potential, or create a multi-generational living space. Don't miss your chance to complete this desirable community!

Facts & features

Status
For Sale
Property type
Land
Lot size
0.73 acres
Annual taxes
$2,584 (2025)
School district
Franklin Public
Subdivision
Deerwood Estates Condos
County
Milwaukee
Days on market
214
MLS#
1957984
Utilities
Water Lateral to Lot, Sewer Lateral to Lot, High Speed Internet Available, Cable Available, Natural Gas Available, Electricity Available
Zoning
Res

Location

Directions: From Loomis Road, north on Hwy 100 St Martins Rd), follow St Martins Road NW to S Deerwood Lane

Estimated monthly payment

$1,085/mo

Principal & interest
$753
Property tax
$215
Insurance (estimate)
$117

20% down, 30-year fixed at 6.5%. An estimate, not a loan offer. Change the numbers

Listing courtesy of Mahler Sotheby's International Realty · Douglas Milinovich. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Oct 16, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.