Listing provided courtesy of Mahler Sotheby's International RealtyMetro MLS- MLS# 1957984MLS Provider

8501 Deerwood Ln SFranklin, WI 53132

Vacant Land · 0.73 Acres
$155,000 Active

8501 Deerwood Ln S Overview

Time on Site:
75 days
Visits:
3

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!

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

8501 Deerwood Ln S Facts & Features

  • Type Vacant Land
  • Lot 0.73 Acres

Details

General

School Information

  • School District: Franklin Public
  • Middle Or Junior School: Forest Park
  • High School: Franklin

Business Information

  • Current Use: None

Location/Region

  • County Or Parish: Milwaukee
  • Postal City: Franklin
  • Subdivision Name: Deerwood Estates Condos

Tax Information

  • Tax Annual Amount: 2584
  • Tax Year: 2025

General Information

  • Parcel Number: 8410187000
  • Property Sub Type: Vacant Land
  • Property Type: Land
  • Zoning: Res

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Building Features: Existing Curb/Gutter

Exterior

Lot Information

  • Additional Parcels Description: 8410186000
  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 31798.8
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront Features: Pond
  • Waterfront: true

General Information

  • Other Structures: None
  • Road Frontage Type: Town/City Road,Paved Road
  • Utilities: Water Lateral to Lot,Sewer Lateral to Lot,High Speed Internet Available,Cable Available,Natural Gas Available,Electricity Available

8501 Deerwood Ln S Neighborhood

Community

53132 (Franklin) Demographics

43
Median Age
1,021
Population Density (per sq. mile)
49%
College Educated
$82,125
Estimated Median Income
10,609
Estimated Total Home Owners
2,905
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8501 Deerwood Ln S Market Data

Based on the last 30 days in this zip code

$565,676
Average List Price
$242
Average Price per Square Foot
50
Properties Sold
36
Average Days on Market
83
Properties for Sale
Calculations provided by Reliance Network

8501 Deerwood Ln S History

Date Event Value Agent
4/15/2026Source: Metro MLS Added to Database
April 15, 2026