Oconomowoc Homes under $600,000

Welcome to Oconomowoc, Wisconsin – a hidden gem nestled in the heart of Waukesha County! Known for its stunning lakes, charming downtown, and vibrant community spirit, Oconomowoc offers a perfect blend of small-town charm and modern amenities. With a rich history and a plethora of outdoor activities, this picturesque city is an ideal place to call home.

Oconomowoc is surrounded by natural beauty, featuring several pristine lakes, including the serene Oconomowoc Lake and the expansive Lac La Belle. Residents enjoy year-round recreational activities, from boating and fishing in the summer to ice skating and snowshoeing in the winter. The city’s parks and trails provide ample opportunities for hiking, biking, and family picnics, making it a haven for nature enthusiasts.

For those seeking a home in Oconomowoc, the real estate market offers fantastic options under $600,000. Whether you’re looking for a charming bungalow, a spacious family home, or a modern townhouse, you’ll find a variety of choices that cater to diverse lifestyles and preferences. Many properties boast beautiful yards, proximity to schools, and easy access to local amenities, ensuring that you can enjoy the best that Oconomowoc has to offer.

With a welcoming community, excellent schools, and a vibrant downtown filled with unique shops and restaurants, Oconomowoc is not just a place to live – it’s a place to thrive. Explore the possibilities and discover your dream home in this delightful Wisconsin city today!

Newest Oconomowoc Homes under $600,000

$542,900

3 Beds ⋅ 2 Baths

Move-in Ready 86 ARW Julian Cottage II Unit B, TWIN HOME! Welcome to Haven, a community of Twin Homes offering low-maintenance living in custom homes with private yards. Monthly association fee of $245 covers lawn mowing, fertilization, and snow removal; plus a la carte seasonal services are available for a separate rate. All homes are Quality360 certified, meaning they exceed energy-efficiency industry standards and will perform, on average, better than a typical used home. As your local homebuilder, you can expect the best local brands and trades for your home as well. We've partnered with Lindsay Windows, Kohler, Floor 360 and Auburn Ridge just to name a few. To top it off, offers a one-year limited warranty, backed by our own dedicated customer service team.

1081 Elderberry Rd, Oconomowoc

Listing courtesy of Shorewest Realtors, Inc..

$380,000

2 Beds ⋅ 2 Baths

Enjoy lake living in this 2-bedroom, 2-bathroom first-floor corner unit featuring peaceful green-space views and a sizable patio. 2 patio door access to private patio. Underground parking is a sought after condo convenience. Located just one block from downtown Oconomowoc's shopping, dining, and year-round activities. Your new home places you steps away from beautiful Fowler Lake. Launch a kayak, enjoy easy boating access, or relax beside the gorgeous in-ground pool surrounded by beautifully maintained gathering areas overlooking the lake. Pier slips may also be available for the ultimate lakeside lifestyle. Photos Digitally Altered

320 E Pleasant St Unit 106, Oconomowoc

Listing courtesy of Lannon Stone Realty LLC.

$499,900

3 Beds ⋅ 2 Baths

NEW CONSTRUCTION - Ready February 2027 - Our Donovan model is a 2-story 3 bed, 2.5 bath townhome with an open concept first floor. The Kitchen includes quartz countertops, pantry, a large island and soft close cabinetry. The Great Room features a stunning stone to 9' ceiling gas fireplace. In addition, the first floor offers a Powder Room and Rear Foyer with WIC. The second floor Primary Suite features a large walk in closet, box tray ceiling and a luxurious bathroom with tiled shower walls and tiled bench. A second floor Laundry Room with upper cabinets, two additional bedrooms and full bath round out this ideal floor plan. The home also includes 4 ft basement exposure.

955 Lagom Way, Oconomowoc

Listing courtesy of Harbor Homes Inc.

$439,900

3 Beds ⋅ 2 Baths

NEW CONSTRUCTION! Ready February 2027. Introducing our newest floorplan, The Spencer! This rear load townhome offers a first-floor open floorplan with a large Great Room - perfect for entertaining family and friends, a beautiful Kitchen with a large center island and pantry. The second level offers the Primary Suite with a WIC and attached bath with a double bowl vanity. Rounding out the second level are two additional bedrooms and a Hall Bath. Don't miss out on all this home has to offer!

1494 Olde Highlander Dr, Oconomowoc

Listing courtesy of Harbor Homes Inc.

$425,000

3 Beds ⋅ 3 Baths

This beautifully updated 3BR/3BA condo in Oconomowoc welcomes you! The living room features a vaulted ceiling and a gas fireplace that makes everything feel instantly cozy. Enjoy cooking and entertaining in a beautifully updated kitchen with stainless steel appliances. The primary suite impresses with a tray ceiling, its own ensuite bath, and a walk-in closet that actually fits everything, Nice finishes carry throughout...nothing to fix...just move in and enjoy it. Downstairs, the finished basement gives you room for a home office, a media setup, or just a great hangout space. And the location? Top-rated schools, great restaurants, boutique shopping, a historical museum, and Oconomowoc's lakes are all just a few minutes away. Easy living, great taste, zero compromise. Book your tour today!

539 Bolson Dr, Oconomowoc

Listing courtesy of EXP Realty, LLC~MKE.

$339,900

5 Beds ⋅ 2 Baths

Beautiful Downtown Oconomowoc Victorian home offering timeless charm, spacious living, and versatile possibilities! This 5-bedroom, 2-bath home sits on a generous .4-acre lot and can function as a single-family residence or offers duplex potential. Enjoy classic character throughout, a welcoming front porch, and a side deck perfect for relaxing or entertaining. A newer roof adds peace of mind, while the convenient downtown location puts shopping, dining, parks, and Oconomowoc's vibrant community just moments away. A wonderful opportunity to own a piece of Oconomowoc history with flexibility for your lifestyle or investment goals!

326 S Silver Lake St, Oconomowoc

Listing courtesy of Keller Williams Realty-Milwaukee Southwest.

$469,900

4 Beds ⋅ 1 Baths

Welcome home to this spacious and well-located 4-bedroom, 1.5-bath property offering plenty of room to live, relax, and entertain. The inviting living room features a cozy fireplace and sliding doors leading to the patio, creating an ideal space for gatherings or enjoying the outdoors. A separate family room, dining room, and recreation room provide even more flexibility for everyday living. Recent updates include a newer roof and siding, offering peace of mind for years to come. Ideally situated close to downtown, major freeway access, shopping, and schools, this home combines comfortable living with a convenient location. Don't miss the opportunity to make this versatile property your new home!

1115 Saratoga Pkwy, Oconomowoc

Listing courtesy of 3% Real Estate.

$349,900

2 Beds ⋅ 1 Baths

This charming 2-bedroom, 1-bath ranch offers comfortable living, a spacious backyard & a standout detached heated garage with its own half bath. Inside, a large kitchen provides plenty of room for cooking, dining & gathering, while the ranch layout offers easy everyday living. Outside, enjoy a generous backyard with space to relax, entertain or make your own. The oversized heated garage is a major bonus, offering exceptional space for vehicles, hobbies, a workshop or additional storage. Conveniently located in Oconomowoc with easy access to shopping, dining & everyday amenities, this home combines a great location with versatile spaces inside & out.

816 Armour Rd, Oconomowoc

Listing courtesy of Compass RE WI-Lake Country.

$290,000

2 Beds ⋅ 1 Baths

Cozy 3 bedroom 1 bath home with fenced in yard and offers an access to Lake Park Heights Association on Okauchee Lake. Enjoy a bond fire along the lake, swimming, community raft and cookouts on shared lake front park. And you are nearby waterfront dining, boating amenities, Lions Park, Nashotah's dog park, and downtown Okauchee. Renovate the existing home or build your custom retreat or can be a great short term investment opportunity. Key due diligence is complete, including environmental reports/testing, building inspection survey, and township/Park & Planning coordination. Sold as is, interior of home has be gutted.

W342N4868 Oak Ln, Oconomowoc

Listing courtesy of United REALTORS, LLC.

$515,000

4 Beds ⋅ 3 Baths

Move right in and enjoy easy condo living in this beautifully updated and exceptionally cared-for first-floor ranch-style condo in the heart of Oconomowoc! Major updates are already complete, including a new roof, furnace/AC and interior paint, within the last few years, offering peace of mind for years to come. The bright, open-concept main level features a spacious kitchen with beautiful hardwood cabinetry, solid-surface countertops, and convenient access to the private porch. Three bedrooms and a full bath complete the main level, while the finished lower level provides an incredible extension of the living space with an additional bedroom, full bath, and plenty of room for family, guests, or entertaining. Tucked away on a quiet circle yet within walking distance of charming downtown.

493 Sutherland Cir, Oconomowoc

Listing courtesy of Lake Country Flat Fee.

$345,000

2 Beds ⋅ 2 Baths

Enjoy the ease of lake life from this inviting 2nd floor condo on beautiful Fowler Lake. The expansive west-facing balcony is your perch above the neighborhood, offering golden sunsets and peek-a-book views of Lac La Belle, changing seasons and the simple pleasure of watching life unfold below. Just outside your door, a swimming pier and kayak launch invite you to enjoy the lake in every season - from summer swims and paddles to winter ice fishing and snowshoeing. The famous Fowler Lake Loop is also right outside your door, offering daily walks and waterfront views, while downtown Oconomowoc's dining, shopping and year-round events are just a few blocks away. Here, lake life and a walkable lifestyle come together naturally.

333 N Lake Rd Unit 201, Oconomowoc

Listing courtesy of Andrus Realty, LLC.

$549,900

3 Beds ⋅ 2 Baths

Move-In Ready 134 ARW Harlequin Farmhouse - Available 12/28/26! All of our homes are Quality360 certified, meaning they exceed energy-efficiency industry standards and will perform, on average, much better than a typical used home. As your local home builder, you can expect the best local brands and trades for your home as well. We have partnered with Lindsay Windows, Kohler, Floor360 and Auburn Ridge just to name a few.

1155 Arrowood Cir E, Oconomowoc

Listing courtesy of Shorewest Realtors, Inc..

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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Oconomowoc Homes under $600,000

Newest Oconomowoc Homes under $600,000

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