Lake EmilyHomes for Sale

Lake Emily Homes for Sale

Browse homes, cabins, cottages, and land for sale on Lake Emily in Portage County.

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This site was last updated 09-18-2026 11:53:53 pm.

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About Lake Emily

Lake Emily is a beautiful, full-rec lake located 1 mile west of Amherst Junction in Portage County, Wisconsin. The lake is 96 acres in size with a maximum depth of 35 feet.

Emily is known for its crystal clear water and yellow perch & walleye fishing. It's also great for almost every type of water recreation, including jet skiing, water skiing, and pleasure boating.

Lake Emily features a boat launch, making it easy for property owners to get their boats in and out each season. In addition, the lake is home to a park, a campground, and a swimming area.

An 1878 edition of the Historical Atlas of Wisconsin identified Lake Emily as Emily Lake, reflecting an earlier variation of the lake's name.

Tour Lake Emily in Portage County

Lake Emily Statistics

Location
Directions
County
School District
Postal City
Zip Code
Municipality
Elevation
Lake Stats
Full Rec
Yes
Size
96 acres
Ave Depth
16 feet
Max Depth
35 feet
Bottom Sand
30% sand
Water Clarity
Shoreline
2.9 miles
Amenities
Water Sources
Groundwater
Real Estate
Residential LotsLots zoned residential and not owned by a government body.
49
Vacant LotsResidential lots with less than $20k in assessed improvement value.
7 (14%)
Lots With HomesResidential lots with over $20k in assessed improvement value.
42 (86%)
Primary HomesResidential lots with homes and addresses that matches the mailing addresses of their owners.
21 (50%)
Vacation HomesResidential lots with homes and addresses that do not match the mailing addresses of their owners.
21 (50%)
Home TurnoverThis rate reflects MLS sales only. Many lake properties are sold off market.
0.6 (1.4%)
Ave Assess ValueThe average assessed value of lots on this lake with homes on them.
$273,507
Assessment RatioA state-calculated factor used to align assessed values across municipalities with different revaluation dates.
0.9486
Ave Fair MarketThe average assessed value of lots with homes divided by their muncipal assessment ratios.
$288,324
Total Fair MarketThe total fair market values of all lots on the lake.
$12,531,372

Lake Emily Market Report

The statistics below compare the past 12 months of home sales to the lake's 5-year average.

Market Summary

  • Market vs Tax: Prices are down 41.5% ▼ vs assessed.
  • Price Trend: Recent sale prices are down 61.6% ▼.
  • Negotiation: Sales at 100% of list (up 8.2% ▲).
  • Inventory: New listings are up 66.7% ▲.
  • Sales Volume: Number of sales is up 66.7% ▲.
  • Speed: Days on market (DOM) is down 83.8% ▼.

Average Annual Sold Prices

Past 12-Mo
$160k
Past 5-Yr
$417k

Lake Emily vs Nearby Lakes

Lake
12-Mo
Listed
12-Mo
Sold
12-Mo
List $
12-Mo
Sold $
12-Mo
DOM
5-Year
Listed
5-Year
Sold
5-Year
List $
5-Year
Sold $
5-Year
DOM
Lake EmilyEmily
1
1
$160k
$160k
21
3
3
$451k
$417k
130
2
2
$402k
$409k
44
10
8
$263k
$261k
57
2
3
$575k
$588k
121
10
11
$319k
$319k
86
1
1
$450k
$435k
59
12
12
$328k
$324k
54
1
-
-
-
-
3
2
$350k
$325k
32
2
1
$325k
$325k
48
4
3
$350k
$353k
46

Next 12 Month Sales Forecast

1
Homes
Listed
1
Homes
Sold

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Get Involved 3 329x329 1

Friends of Lake Emily
Jerry Stremkowski
(715) 824-3859

For assistance contact:

Dmitri Martin
Lake Emily Specialist
Rustic Waters Realty

Dmitri Martin Profile Photo

Source of Data: Wisconsin Real Estate Exchange (WIREX). Disclaimer of Use: 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. Disclaimer of Data: Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Rustic Waters Realty LLC nor WIREX shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. Copyright: ® 2024 WIREX – All Rights Reserved. Last Updated: 9/19/26