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302 Exeter St
Delafield, WI 53018
Land For Sale · 7.00 AC

Investment Highlights

  • Limited land inventory and strong demand for luxury homes.
  • Premium location near downtown Delafield, I-94, employment hubs, and top-rated schools.
  • Potential public-private collaboration for infrastructure and development agreements
  • Proven market depth supported by successful comparable developments
  • Opportunity for branding & amenities to differentiate and enhance long-term value.
  • Phase-based delivery strategy to manage absorption risk and optimize returns

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 7.00 AC
Zoning P-1 - Public & Semi Public Use

Description

This offering consists of approximately 7 acres across four parcels in Delafield, WI, presenting a rare opportunity to deliver a premium residential community in the highly sought-after Lake Country submarket. The area has demonstrated strong absorption for high-end single-family homes, driven by buyer preferences for architectural quality, walkable neighborhoods, and proximity to lakes and recreation. With limited land availability and strong municipal precedent for similar developments, the site offers confidence in entitlements and long-term value creation. Located near downtown Delafield’s retail corridor, I-94, regional employment centers, and top-rated schools, the property combines accessibility with lifestyle appeal. Developers can capitalize on market conditions favoring well-executed luxury homes, leverage branding and amenity strategies to enhance absorption, and explore public private collaboration for infrastructure improvements. A phased delivery approach further mitigates risk while capturing appreciation as the community establishes a pricing benchmark.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • DELC-0792-062
  • DELC-0792-059
  • DELC-0792-061
  • DELC-0792-063
Land Assessment
$89,000
Improvements Assessment
$60,800
Total Assessment
$149,800
  • Listing ID: 38342466

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: 302 Exeter St, Delafield, WI 53018

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