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(414) KEY-0000
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(414) KEY-0000
MLS# 1976215 - 5725 E Peninsula Dr Waterford, WI 53185
The value is in the land and the possibilities it offers. This exceptional triple lot provides the potential to subdivide into two beautiful waterfront homesites, each offering 70+ feet of frontage and over 1/4 acre, with a gentle elevation, excellent drainage, walk-out basement, expansive water views and some of the best frontage on the river approximately 4' deep at the pier. The existing 4BR, 2.5BA home can also be enjoyed in its current state and features a great patio area for entertaining and enjoying the waterfront. Compare this to a typical .18-acre flat lot, and the value becomes clear. Whether you choose to enjoy the existing home, create one spectacular lakefront retreat, or develop two custom homes, this property offers tremendous flexibility and potential.

Doering & Co Real Estate, LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, Multiple Listing Service, Inc. All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Modern MilwauKey Real Estate LLC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Modern MilwauKey Real Estate LLC, a broker participant of the Multiple Listing Service, Inc. Data Source: MetroMLS | Data last updated at 8/14/2026 9:05:00 PM.

The value is in the land and the possibilities it offers. This exceptional triple lot provides the potential to subdivide into two beautiful waterfront homesites, each offering 70+ feet of frontage and over 1/4 acre, with a gentle elevation, excellent drainage, walk-out basement, expansive water views and some of the best frontage on the river approximately 4' deep at the pier. The existing 4BR, 2.5BA home can also be enjoyed in its current state and features a great patio area for entertaining and enjoying the waterfront. Compare this to a typical .18-acre flat lot, and the value becomes clear. Whether you choose to enjoy the existing home, create one spectacular lakefront retreat, or develop two custom homes, this property offers tremendous flexibility and potential.

Doering & Co Real Estate, LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, Multiple Listing Service, Inc. All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Modern MilwauKey Real Estate LLC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Modern MilwauKey Real Estate LLC, a broker participant of the Multiple Listing Service, Inc. Data Source: MetroMLS | Data last updated at 8/14/2026 9:05:00 PM.