MOTIVATED SELLER! This 3-acre hobby farm is set back from the road with two fenced pastures and a 36x54 barn complete with stalls, water, electric, an office, heated workshop and storage. Enjoy coffee on the back deck overlooking the peaceful scenery. The loft above the 21/2-car garage could be used as a man cave, office or creative studio. Inside, you'll love the open kitchen and living space, cozy four-season room with wood stove, main-floor primary bedroom, and finished lower level with kitchenette, full bath, rec room, and extra bdrm. Upstairs, 2 additional bedrooms and another full bath offer even more space. Whether you're dreaming of a hobby farm, equestrian property, or quiet countryside escape, this one has it all. Come see the possibilities toda
Contingent
Price cut: $25K (1/9)
$674,950
N79W33915 Petersen ROAD, Oconomowoc, WI 53066
4beds
2,398sqft
Est.:
Single Family Residence
Built in 1978
3 Acres Lot
$677,600 Zestimate®
$281/sqft
$-- HOA
What's special
Main-floor primary bedroomTwo fenced pastures
- 112 days |
- 1,892 |
- 83 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 29, 2026 at 11:14am
Listed by:
Deborah DeFere 262-646-0593,
Deb DeFere Real Estate LLC
Source: WIREX MLS,MLS#: 1938014
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Bedroom 2
- Level: Upper
- Area: 493
- Dimensions: 29 x 17
Bedroom 3
- Level: Upper
- Area: 105
- Dimensions: 15 x 7
Bathroom
- Features: Shower on Lower, Stubbed For Bathroom on Lower, Tub Only, Ceramic Tile, Shower Over Tub, Shower Stall
Dining room
- Level: Main
- Area: 96
- Dimensions: 12 x 8
Kitchen
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Living room
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Office
- Level: Main
- Area: 72
- Dimensions: 9 x 8
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Other, Oven, Range, Refrigerator, Washer, Water Softener Rented
Features
- High Speed Internet, Pantry, Walk-In Closet(s)
- Basement: Block,Full,Partially Finished,Sump Pump
Interior area
- Total structure area: 2,398
- Total interior livable area: 2,398 sqft
Property
Parking
- Total spaces: 2.5
- Parking features: Garage Door Opener, Detached, 2 Car
- Garage spaces: 2.5
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 3 Acres
- Features: Horse Allowed, Hobby Farm
Details
- Additional structures: Box Stalls, Pole Barn, Garden Shed
- Parcel number: MRTT0358999002
- Zoning: RES
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse/National Folk,Prairie/Craftsman
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Aluminum/Steel, Aluminum Trim, Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Oconomowoc
- Municipality: Merton
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $503,500
- Annual tax amount: $3,887
- Date on market: 10/16/2025
- Inclusions: Refrigerator, Stove/Oven, Dishwasher, Microwave, Washer, Dryer, Ceilingfans, Dehumidifiers (2), Storage Shed, 2 Wood Burners, Garage Door Openers
- Exclusions: Iron Curtain And Water Softener Are Rented Through Culligan
Estimated market value
$677,600
$644,000 - $711,000
$4,098/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Contingent | $674,950$281/sqft |
Source:  WIREX MLS #1938014 Report a problem | ||
| 1/9/2026 | Price change | $674,950-3.6%$281/sqft |
Source: WIREX MLS #1938014 Report a problem | ||
| 12/13/2025 | Price change | $699,900-3.4%$292/sqft |
Source: WIREX MLS #1938014 Report a problem | ||
| 12/7/2025 | Price change | $724,900-1.4%$302/sqft |
Source: WIREX MLS #1938014 Report a problem | ||
| 11/12/2025 | Price change | $734,900-2%$306/sqft |
Source: WIREX MLS #1938014 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $3,363 +4.5% | $349,500 |
| 2022 | $3,219 +5.7% | $349,500 |
| 2021 | $3,045 -4.9% | $349,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,432/mo
Principal & interest
$2617
Property taxes
$579
Home insurance
$236
Climate risks
Neighborhood: 53066
Nearby schools
GreatSchools rating
- 8/10Stone Bank Elementary SchoolGrades: PK-8Distance: 1.4 mi
- 8/10Arrowhead High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Stone Bank
- High: Arrowhead
- District: Arrowhead Uhs
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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