Pewaukee Real Estate Stats
| Average Price | $775K |
|---|---|
| Lowest Price | $300K |
| Highest Price | $3.5M |
| Total Listings | 41 |
| Avg. Price/SQFT | $314 |
Property Types (active listings)
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- $200,000 - $300,000
- $300,000 - $400,000
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- $500,000 - $600,000
- $600,000 - $700,000
- $700,000 - $800,000
- $800,000 - $900,000
- $900,000 - $1,000,000
- Over $1,000,000
More About the Pewaukee Real Estate Market
Pewaukee consists of two municipalities: both the City of Pewaukee and the Village of Pewaukee. Located approximately 25 miles west of Milwaukee in Waukesha County, Pewaukee has a population of approximately 13,000.
Pewaukee homes and condos have been built around Pewaukee Lake, the largest lake in Waukesha County. The Pewaukee community is conveniently located between two major highways, State Highway 16 and Interstate 94. Students attend a public K-12 school district on one central campus as well as private religious schools.
Contact Lake County Listings real estate company for more information about waterfront homes for sale or register to view Pewaukee real estate listings
A Look Back at Pewaukee's History
Pewaukee, translated, means "Lake of Shells." First inhabited by resident Indian tribes Sauk, Menomonie, Winnebago and Potawatomi, white settlers did not arrive until 1836 to establish their homes along the Pewaukee Lake front and Pewaukee beach. One of the first settlers, Deacon Asa Clark, opened the first sawmill on Pewaukee Lake in 1838. In 1844, the lime and stone industry experienced considerable success for many years. To serve the growing number of Pewaukee workers, businesses such as general stores, blacksmith shops, and wagon shops were established.
Following the railroad extension from Milwaukee in the 1880’s, summer visitors began visiting Pewaukee, and the Summer Resort Era began. A few classic mansions still exist along the shores of Pewaukee Lake. The Pewaukee area became known as an area of unrivaled beauty and a fisher’s paradise.
About the Pewaukee Community
Pewaukee real estate continues to offer anglers a breathtaking paradise, providing some of the best Muskie fishing in southeastern Wisconsin. Pewaukee Lake also provides popular seasonal activities such as swimming, boating, strolling the shoreline to take in the many colors of autumn, and ice skating at Lakefront Park during the winter months.
Home to industry leaders like GE Medical Systems and Harken Industries (a premier sailboat hardware manufacturer), and with excellent education and training opportunities at WCTC (Waukesha County Technical College) in Pewaukee, job opportunities are good. Major businesses are further supported by excellent lodging accommodations (Marriott, Radisson, Comfort Suites, Best Western, & County Springs) with over 1,000 rooms, banquet & conference facilities, and nearly 2,000 restaurants and bars. Big box stores like Wal-Mart and specialty and boutique shops in restored historic buildings along the lakefront of Pewaukee Lake in the main downtown area along the beach, offer a wide selection of shopping options.
As if a beautiful setting and excellent job and schooling opportunities weren't enough, Pewaukee even has a large, indoor waterpark!
Frequently Asked Questions
Is Pewaukee, WI a good 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 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.