Pewaukee Real Estate Info

Pewaukee, WI Homes For Sale

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Pewaukee is located west of Milwaukee and north of Waukesha. Known as the “City in the Lake,” civic culture and most activities in Pewaukee are centered around outdoor recreation, water sports, and lakeside dining. The city is primarily made up of single-family homes with single-level bungalows and ranch-style homes, typically starting at $300,000 and ranging to $600,000. Multi-level Cape Cod-style homes range in price from $600,000  to $900,000, and lakefront estates go for over $1,000,000. 

Pewaukee Real Estate Stats

Average Price $749K
Lowest Price $175K
Highest Price $2.3M
Total Listings 36
Avg. Days On Market 37
Avg. Price/SQFT $287

Property Types (active listings)

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New
N17w27304 Lakefield Dr, Pewaukee

$519,000

N17w27304 Lakefield Dr, Pewaukee

3 Beds 1.5 Baths 1,614 SqFt Single-Family MLS® # 1980319

Listed Courtesy of The Real Estate Company Lake & Country

New
N41w27751 Ishnala Trl, Pewaukee

$765,000

N41w27751 Ishnala Trl, Pewaukee

3 Beds 3.5 Baths 3,047 SqFt Single-Family MLS® # 1979953

Listed Courtesy of First Weber Inc - Delafield

New Open House
N31w22025 Shady Ln, Pewaukee

$550,000

N31w22025 Shady Ln, Pewaukee

3 Beds 3 Baths 3,218 SqFt Single-Family MLS® # 1979541

Listed Courtesy of Shorewest Realtors, Inc.

New
N40w23678 William Way, Pewaukee

$2,100,000

N40w23678 William Way, Pewaukee

6 Beds 4.5 Baths 6,101 SqFt Single-Family MLS® # 1977875

Listed Courtesy of Realty Executives Integrity~Brookfield

New
N41w23622 Century Farm Rd, Pewaukee

$2,250,000

N41w23622 Century Farm Rd, Pewaukee

5 Beds 4.5 Baths 6,200 SqFt Single-Family MLS® # 1979064

Listed Courtesy of RE/MAX Lakeside-Central

New Active with offer
N26w27080 Prospect Ave, Pewaukee

$549,900

N26w27080 Prospect Ave, Pewaukee

3 Beds 2.5 Baths 3,207 SqFt Single-Family MLS® # 1976806

Listed Courtesy of Keller Williams Realty-Milwaukee North Shore

New
W273n2420 Arlington Ct, Pewaukee

$849,900

W273n2420 Arlington Ct, Pewaukee

4 Beds 3 Baths 3,542 SqFt Single-Family MLS® # 1977378

Listed Courtesy of Coldwell Banker Realty

1497 Sunnyridge Rd, Pewaukee

$590,000

1497 Sunnyridge Rd, Pewaukee

3 Beds 2.5 Baths 2,100 SqFt Single-Family MLS® # 1976366

Listed Courtesy of Treasured Homes LLC

W237n3390 Five Fields Rd, Pewaukee

$659,000

W237n3390 Five Fields Rd, Pewaukee

4 Beds 3.5 Baths 3,113 SqFt Single-Family MLS® # 1976852

Listed Courtesy of Shorewest Realtors, Inc.

New Active with offer
W278n2760 Rocky Point Rd, Pewaukee

$850,000

W278n2760 Rocky Point Rd, Pewaukee

4 Beds 3.5 Baths 2,964 SqFt Single-Family MLS® # 1976241

Listed Courtesy of Shorewest Realtors, Inc.

New Active with offer
W222n2281 Glenwood Ln, Pewaukee

$515,000

W222n2281 Glenwood Ln, Pewaukee

3 Beds 1.5 Baths 2,318 SqFt Single-Family MLS® # 1976726

Listed Courtesy of Keller Williams Realty-Lake Country

Active with offer
425 W Wisconsin Ave, Pewaukee

$415,000

425 W Wisconsin Ave, Pewaukee

4 Beds 1 Bath 1,400 SqFt Single-Family MLS® # 1975375

Listed Courtesy of Modern Realty Partners LLC

Explore Pewaukee, WI Real Estate

Pewaukee is located west of Milwaukee and north of Waukesha, covering 21 square miles with a population of 15,914. The city is home to four major communities, including Pewaukee Village, Lake Shoreline, North Pewaukee, and South Pewaukee. 

Real estate in the city is primarily made up of single-family homes, including Cape Cods, bungalows, classic ranch homes, renovated lake cottages, and lakefront estates. Most homes are characterized by large, well-maintained yards and attached garages, with estates often featuring private docks. 

The average price for single-family homes in Pewaukee is $896,000, with prices ranging depending on the build. Single-level bungalows and ranch-style homes typically start at $300,000 and range to $600,000. Multi-level Cape Cod-style homes range in price from $600,000  to $900,000 and typically include 3 to 4 beds and 2 to 3 baths. Lakefront estates go for over $1,000,000.

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Pewaukee Neighborhoods

Pewaukee is made up of over 40 distinct subdivisions and residential developments that are organized into four primary communities, each with unique attractions and amenities, particularly due to proximity to Pewaukee Lake. 

Pewaukee Village:  The downtown core of the city, featuring popular lakeside dining spots, boutique boardwalk shopping, and water sports activities at Pewuakee Lakefront Park & Beach. 

Lake Shoreline:  This community is dominated by luxury waterfront estates for residents who are looking for a year-round “lake life” experience. Common activities include boating, swimming, fishing, and sailing via two local yacht clubs. 

North Pewaukee:  Composed of master-planned suburban subdivisions, this is a family-friendly community with access to the 460-acre Menomonee Park, biking and walking trails, community pools, and local golf courses. 

South Pewaukee: This up-and-coming area is ideal for commuters due to its easy access to Milwaukee via the I-94. Local amenities include access to major commercial centers, a large biking and walking trail, and a championship golf course.

Pewaukee Schools

Pewaukee is served by the Pewaukee School District, which includes over 2000 students. The district includes two elementary schools, a middle school, and a high school.

Schools in Pewaukee include:

    • Pewuakee Lake Elementary School
    • Horizon Elementary
    • Asa Clark Middle School
    • Pewaukee High School 

Things to Do in Pewaukee

Pewaukee is known as the “City in the Lake” with civic culture and most activities centered around outdoor recreation, water sports, and lakeside dining. Residents can enjoy swimming, kayaking, and paddleboarding at the Pewaukee Lakefront Park & Beach. More serious water sports enthusiasts can choose from two yacht clubs and the Pewaukee Lake Water Ski Club. The city is also home to a number of parks and trails, including the 460-acre Menomonee Park and Simmons Woods Park. The Downton Village Boardwalk is home to boutique shopping, with nearby waterfront restaurants catering to a range of cuisine preferences. Golfers have their pick of a selection of local courses, including the championship Naga-Waukee War Memorial Golf Course

Common Pewaukee activities include;

      • Boating on Pewaukee Lake
      • “Waterfront Wednesdays” at Pewaukee Lakefront Park 
      • Cycling the Lake Country Trail
      • Lakeside patio dining
      • Go-karting at K1 Speed 

Location and Area Access 

Pewaukee is bordered by Sussex to the north, Brookfield to the east, and Waukesha to the south. The city covers 21 square miles and has a population of approximately 15,914 residents. 

Downtown Milwaukee is a  25 to 35-minute drive from most parts of the city via the I-94. The neighboring city of Waukesha and the ProHealth Waukesha Memorial Hospital are a 10-minute drive away. The Milwaukee Mitchell International Airport is a 30-minute drive away.

Nearby destinations within easy reach include:

      • Waukesha and the ProHealth Waukesha Memorial Hospital (10 minutes)
      • Brookfield Square shopping mall (10 to 15 minutes)
      • American Family Field and Fiserv Forum (25 minutes)
      • Downtown Milwaukee (25 to 35 minutes)
      • Milwaukee Mitchell International Airport  (30 minutes) 

Pewaukee FAQs

Is Pewaukee, WI, a desirable place to live?

Absolutely! We've helped many families relocate here, and they consistently tell us how happy they are with the decision. Pewaukee gives you lakefront living without sacrificing convenience or quality schools. You're living on the shores of Waukesha County's largest lake, which means year-round activities like fishing, boating in summer, and ice skating when winter arrives. Downtown has this great mix of locally-owned restaurants, shops housed in restored historic buildings, and waterfront dining spots. If you're worried about employment, major companies like GE Medical Systems and Harken Industries are right here, plus Waukesha County Technical College offers excellent training programs. The best part? You get I-94 and Highway 16 access, so Milwaukee is only 25 miles away when you need city amenities.

How far is Pewaukee from Milwaukee?

You're looking at about 25 miles west of downtown Milwaukee, which translates to a 25-35 minute commute on I-94, depending on traffic. We have clients who make this drive daily and find it totally manageable. Pewaukee sits just north of Waukesha, too, so you've got options for where you work. The highway setup here is really convenient; State Highway 16 and Interstate 94 both run through, making trips around southeastern Wisconsin pretty straightforward. Chicago is roughly 1.5 hours away if you need to visit or have occasional business there. What our buyers love is coming home after experiencing Milwaukee's restaurants, Fiserv Forum events, or American Family Field games, then returning to this peaceful lakefront community. You get the best of both worlds without feeling isolated from what cities offer.

What types of homes are available in Pewaukee?

We show buyers everything from cozy two-bedroom lake cottages to sprawling waterfront estates, so there's really something for every budget and lifestyle. Pewaukee Lake properties are always in high demand; these homes typically feature private piers, boat houses, and 100+ feet of shoreline where you can watch sunrise or sunset, depending on your location. If the lakefront isn't your priority, we have plenty of single-family homes in quiet subdivisions with beautiful lots and modern construction. Many of these neighborhoods offer privacy while keeping you close to schools and shopping. First-time buyers often look at our townhomes and condominiums, which come with amenities like community pools, fitness centers, and clubhouses, perfect if you don't want yard maintenance. History lovers appreciate the older homes near downtown with original architectural details and charm. New construction developments appeal to buyers wanting open floor plans, energy-efficient systems, and contemporary design. Whether you're after a weekend retreat or your forever home, we can find properties that match what you need.

What is there to do in Pewaukee, WI?

The community really comes alive around the lakefront, with events like Waterfront Wednesdays, Taste of Lake County, and Cinema in the Sand drawing families all summer long. Pewaukee Lake itself offers fishing, especially trophy Muskie that anglers travel here to catch, plus boating, swimming, and waterskiing once the weather warms up. Winter doesn't slow things down; you'll see ice fishing shanties dotting the frozen lake, people skating at Lakefront Park, and walkers enjoying the shoreline views. Downtown has everything from upscale dining to casual spots with water views, plus boutique shopping in those historic buildings we mentioned earlier. Families appreciate the indoor waterpark, public beaches that are open daily during the season, and parks connected by walking trails throughout town. The Pewaukee Yacht Club runs sailing classes for kids and adults. Golfers have courses nearby, and if you're into biking or hiking, the trail connections are excellent. Since Milwaukee is so close, you can catch Brewers games, concerts, museum exhibits, or theater performances, then head back home to this relaxed setting.

Why is Pewaukee called "Lake of Shells"?

The name comes from the Potawatomi language, translating to either "Lake of Shells" or "dusty water" because of all the shells lining the shores here. Before 1836, when settlers arrived, Native American tribes, including the Sauk, Menominee, Winnebago, and Potawatomi, lived here and recognized how resource-rich this area was. Those shells likely came from freshwater mussels thriving in the lake's ecosystem. Early settlers like Deacon Asa Clark, who opened the first sawmill in 1838, kept the indigenous name as they built their community along the water. The natural beauty and fishing drew people then, just like it does now. By 1844, lime and stone industries had taken root and supported the growing town. Today, the name reminds us of the indigenous heritage and natural abundance that have defined this Lake Country area for generations. When we show properties here, clients often ask about the history, and we love sharing how the community has honored its roots while growing into what you see today.

How much does it cost to buy a home in Pewaukee?

In Pewaukee, the average price for single-family homes iis $896,000, with prices ranging depending on the build. Single-level bungalows and ranch-style homes typically start at $300,000 and range to $600,000. Multi-level Cape Cod-style homes range in price from $600,000 to $900,000 and typically include 3 to 4 beds and 2 to 3 baths. Lakefront estates go for over $1,000,000.

What schools serve Pewaukee?

Pewaukee is served by the Pewaukee School District, which includes over 2000 students. The district includes two elementary schools (Pewaukee Lake Elementary School, Horizon Elementary, Asa Clark Middle School, and Pewaukee High School.

How does Pewaukee compare to Waukesha and Brookfield?

Pewaukee, Waukesha, and Brookfield are all highly desirable cities in Waukesha County that offer different amenities and cater to different lifestyles. Brookfield is the closest city to Milwaukee and is known for a larger suburban sprawl and master-planned subdivisions with upscale shopping and dining options. Waukesha is a historic mid-sized city with high walkability in the downtown core and access to Carroll University and the ProHealth Waukesha Memorial Hospital. Pewaukee is a lake-centric, outdoor recreation-oriented community designed for those who enjoy lakeside living and water sports.

Is Pewaukee a good place for families?

Yes. Pewaukee is regarded as a great place for families to live due to its top-ranked school district, emphasis on community safety, and ease of access to outdoor recreation and water sports.


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