That many lakefront home buyers are already lake home owners makes a lot of sense. If I have a $4MM home for sale on the lake, I need a buyer to spend one million dollars, four times over. That’s a lot of money, no matter how you slice it. It’s a lot of money to anyone, but particularly to a buyer who hasn’t yet experienced what a Lake Geneva summer truly is. That’s why, if I have a buyer who’s fresh to the scene, it isn’t entirely easy to make that buyer want to spend that much money. Whether or not I know he’ll enjoy the purchase doesn’t matter. However, if I have a buyer who already owns a lakefront home, say, one worth $2MM, then I’m only asking for that buyer to spend one million, two times over. That buyer already knows this lake, he knows what he likes and he knows how this whole thing works. That’s why move-up buyers are incredibly common at the lake.
Let’s now pretend you’re not a move up buyer, but instead, a very green, fresh Lake Geneva looker. You’re not yet a Lake Geneva lover, because that romance takes some time to develop, but you’re intrigued by the possibility of you and a white pier and a pretty boat and a lake. So, you set about considering such an impressive purchase. You look, you get close, you retreat. You think more, you look again, you move in, you retreat. It’s not that you don’t like the idea, and it’s not that you take any offense to blue water surrounded by green trees, it’s just that you’re uncertain at this point how a lake home will fit into your schedule.
There are rentals out there, sure. There are some weekly, some monthly, and some nightly. But most of these are normal homes, or normal condominiums. If you wanted to buy an Abbey Villa, you’re in luck. You can rent those by the night through the Abbey hotel. You needn’t wonder what it would be like to live in one of those, because you can spend $650 or so, per night, and try the condo out. You can put your things in the cupboards, you can walk to the pool, walk to the lake, walk to coffee and dinner. You can do everything as an owner of an Abbey Villa, without committing more than the $650 per. What if an Abbey Villa isn’t your aim?
There have always been lakefront rentals. Most of them are available between $25k-$50k per month. These are fine houses, but they are not remarkably fancy. Most are older lake houses, great for people that want to have a lawn and a pier, but not so great if you don’t feel like roughing it, cottage style. With this in mind, I bring to you a most robust lakefront rental. Admittedly, this rental isn’t for everyone. It’s available for the month of July, or some version of 30 days in that calendar vicinity, and it’s $80k for the tenure. It’s not cheap, I get that, but it’s beautiful and it’s perfect for a discerning buyer that would like to dip their toes into this market before diving off the end of the pier.
The home is walking distance to downtown Lake Geneva, and it’s on level frontage. There’s a great pier, and a handful of bedrooms and baths, all done in similar fashion to the rooms you see scattered about this post. The rental is obviously furnished, and a tenant will have the ability to experience instant Lake Geneva summer, from the time the key is first turned. The rental will need to be approved by the owner, as this is not a rental property as much as it is a property that is only available because of a conflict in the owner’s schedule that will not allow him the use of this fabulous manse during this July. His loss is your gain, and there’s simply no better way to introduce yourself to lakefront living than by considering this lakefront rental. Contact me for further details.