Beautiful Pewaukee Split Ranch on Nearly 2 Wooded Acres

Timed auction by Sell It Now

Starts Oct 29, 2026 5:00 PM CDT. Ends Nov 19, 2026 5:00 PM CST

W244N4454 Swan Rd. Pewaukee, WI 53072 NOTE: The 5% buyer’s premium will be reduced by 1% if the winning high bid is submitted by November 12th at 5:00 pm (7 days prior to auction close).  Set on 1.97 acres of towering shade trees in Pewaukee, this split ranch offers 3 bedrooms, 2 full bathrooms, and 1,923 square feet of living space, along with a yard that truly has to be seen to be appreciated. This is a project already well underway, ready for its next owner to carry it across the finish line. From Swan Rd., the home has a classic ranch look with a cream stone front, blue siding, and a long covered front porch stretching across the front of the house. A paved driveway winds past the front lawn and curves around the side of the home, where the lot slopes gently to the rear. That slope is what makes this property special: out back, the driveway opens up to a two-car tuck-under garage and a walkout lower level you would never guess was there from the street. Double entry doors open from the front porch into the main level. The living room is anchored by a wood-burning fireplace set against a stone wall and brightened by a large front window overlooking the yard. The living room flows into the open kitchen and dining area, finished with hardwood floors. The kitchen is a U-shaped layout with dark speckled countertops, a raised wood bar top wrapping the peninsula, tall pantry cabinets, a glass-front corner cabinet, and under-cabinet lighting. A window over the sink frames a view of the trees. Just off the kitchen, the dining area has patio doors leading out to the upper deck, which overlooks the wooded backyard. The main level also includes all three bedrooms and both full bathrooms, keeping everyday living on one floor. Stairs lead down to a partially finished lower level, where the real opportunity lies. The entire level is a blank slate, and a row of windows along the back brings in plenty of natural light, so it feels nothing like a typical basement. You will also find a laundry area, a workbench with pegboard, and a shelved storage room. Plumbing hookups are already in place for a potential third bathroom, and a lower-level door opens to a covered patio beneath the deck. Finishing this space into a family room, home office, or rec room would add valuable living space and build real equity. The two-car tuck-under garage includes a utility sink and cabinets. Outside is where this property really shines. The backyard is a wide, open lawn shaded by mature trees and bordered by woods, with tiered retaining walls, a raised garden bed, and a stone fire pit ring. It is the kind of yard where you will spot wild turkeys wandering through, yet you are only minutes from everyday conveniences. Walmart, Costco, and Pick 'n Save are all close by, with quick access to W Capitol Drive and Highway 164.

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