Silver LakeWautoma, WI

Living on Silver Lake

Silver Lake is a pristine, full-rec lake located three miles east of Wautoma in Waushara County, Wisconsin. The lake is 344 acres in size with a maximum depth of 50 feet.

Silver is known for its bustling waters, watery depth, sandy beaches, crystal clear water, and wide variety of fish...including smallmouth bass and walleye. It's also great for almost every type of water recreation, including jet skiing, water skiing, and speedboating.

Silver Lake features three boat launches, making it easy for property owners to get their boats in and out each season. In addition, the lake is home to a restaurant you can boat to, a swimming area, and a culvert into Lake Irogami to control the water level.

Tour Silver Lake in Wautoma, WI

Silver Lake Homes for Sale

Lake homes, cabins, cottages, and land for sale on Silver Lake.

Active
Listing picture for N2012 STATE ROAD 73 in Wautoma
$2,000,000
4 bds | 4 ba | 3,862 sqft | 0.41 acres | singlefamily
N2012 STATE ROAD 73, Wautoma - Town of MARION
Pending
Listing picture for N2168 STATE ROAD 73 in Wautoma
$1,000,000
4 bds | 3 ba | 2,784 sqft | 0.26 acres | singlefamily
N2168 STATE ROAD 73, Wautoma - Town of MARION
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Wisconsin Real Estate Exchange. All properties are subject to prior sale, changes, or withdrawal. Last Updated 04-28-2026 3:06:45 am

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Silver Lake – Wautoma, WI

Location
Directions
County
School District
Postal City
Zip Code
Municipality
Elevation
Lake Stats
Full Rec
Yes
Size
344 acres
Ave Depth
21 feet
Max Depth
50 feet
Bottom Sand
99% sand
Water Clarity
Shoreline
4.5 miles
Amenities
Water Sources
Groundwater
Dams
Yes (culvert)
Real Estate
Residential LotsLots zoned residential and not owned by a government body.
294
Vacant LotsResidential lots with less than $20k in assessed improvement value.
20 (7%)
Lots With HomesResidential lots with over $20k in assessed improvement value.
274 (93%)
Primary HomesResidential lots with homes and addresses that matches the mailing addresses of their owners.
50 (18%)
Vacation HomesResidential lots with homes and addresses that do not match the mailing addresses of their owners.
224 (82%)
Home TurnoverThis rate reflects MLS sales only. Many lake properties are sold off market.
6 (2.2%)
Ave Assess ValueThe average assessed value of lots on this lake with homes on them.
$559,685
Assessment RatioA state-calculated factor used to align assessed values across municipalities with different revaluation dates.
0.7458
Ave Fair MarketThe average assessed value of lots with homes divided by their muncipal assessment ratios.
$750,415
Total Fair MarketThe total fair market values of all lots on the lake.
$209,003,969

Silver Lake Market Report

Of the 274 homes on Silver, this report benchmarks the past 12 months of lake home sales against 5-year performance to highlight key market shifts and project future sales.

Market Summary

  • Market vs Tax: Prices are up 119.8% ▲ vs assessed.
  • Price Trend: Recent sale prices are up 39.5% ▲.
  • Negotiation: Sales at 96.5% of list (down 2.2% ▼).
  • Inventory: New listings are down 11.8% ▼.
  • Sales Volume: Number of sales is down 16.7% ▼.
  • Speed: Days on market (DOM) is up 36.2% ▲.

Average Annual Sold Prices

Past 12-Mo
$1,230k
Past 5-Yr
$882k

Silver Lake 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
Silver LakeSilver
6
5
$1,275k
$1,230k
94
34
30
$894k
$882k
69
23
9
$1,878k
$1,885k
77
64
49
$1,299k
$1,248k
139
4
2
$838k
$938k
26
15
10
$704k
$715k
68
14
12
$714k
$680k
81
53
43
$575k
$566k
73
46
41
$545k
$530k
87
175
149
$564k
$545k
86
-
-
-
-
-
7
7
$581k
$587k
68

Next 12 Month Silver Lake Forecast

7
Homes
Listed
6
Homes
Sold

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Silver Lake Management District
Edward Kissinger
wautomasilverlake@​gmail.com
(920) 279-2102

To sell your lake home contact:

Dmitri Martin
Owner/Broker, Realtor®
Silver Lake Specialist