Priced at $1,395,000, a huge, 9,345-square-foot mansion that rates among Milwaukee’s finest housing stock is the third-highest-priced single-family home in Wisconsin’s biggest city. It’s been on the market since mid-September.
However, the prodigious price tag works out to only $149 per square foot, only a tad above the city’s current median list price of $111 per square foot.
Designed by George Mann Niedecken, a Wright student and Prairie School architect, the two-story home was built in 1903 and features eight bedrooms and 4.5 bathrooms. It sits on a quarter-acre lot on the city’s East Side.
The list price is $120,000 more than its 2014 asking price of $1,275,000. No buyer nibbled at that price six years ago, and the home has remained with the same owners.
Craftsmanship throughout the house includes two fireplaces, windowseats, leaded-glass windows, and exquisite woodwork that’s been well-preserved.
Off the kitchen is a butler’s pantry rivaling the size of a Manhattan kitchen, while the third floor boasts a ballroom. While hosting dance night might not be a savvy idea with social distancing in place, this space could make an incredible play room or work-from-home space.
Niedecken took his lead from Wright, with built-ins in abundance throughout the residence.
The home sits across the street from the southern tip of Lake Park, which overlooks Lake Michigan and was designed by Frederick Law Olmsted (who also designed New York City’s Central Park). The location is further enhanced by a spacious front terrace from which to revel in the views.
And in a rarity for city living, this home boasts a three-car garage. There’s also a two-bedroom coach house, which would be ideal for rental income or housing out-of-town guests.
Jay Schmidt of Keller Williams Realty-Milwaukee North Shore is handling the listing.