Waterford Homes under $400,000

Welcome to Waterford, Wisconsin, a charming village nestled in the heart of Racine County. Known for its picturesque landscapes and tight-knit community, Waterford offers a serene escape from the hustle and bustle of city life while still providing easy access to urban amenities. With its beautiful lakes, parks, and recreational opportunities, this quaint village is perfect for families, retirees, and anyone looking to embrace a slower pace of life.

One of the most appealing aspects of Waterford is its diverse real estate market, particularly for those seeking homes under $400,000. Here, you’ll discover a range of properties that cater to various tastes and lifestyles. From cozy single-family homes with inviting backyards to modern townhouses that offer low-maintenance living, there’s something for everyone. Many of these homes boast charming architectural details, spacious interiors, and proximity to local parks and schools, making them ideal for families or first-time homebuyers.

Living in Waterford means enjoying a vibrant community spirit, with local events and festivals that bring residents together throughout the year. The village is also home to several dining options, boutique shops, and recreational facilities, ensuring that you have everything you need close to home.

If you’re looking for an affordable place to settle down in a welcoming environment, Waterford, WI, is the perfect destination. Explore the possibilities of homeownership in this delightful village and discover why so many are proud to call Waterford home.

Newest Waterford Homes under $400,000

$375,000

3 Beds ⋅ 2 Baths

**Unique residential and commercial zoning opportunity in the heart of Waterford!** This charming, character-filled home offers the flexibility to live and work in one convenient location. Original details include beautiful hardwood floors, a brick-flanked natural fireplace, glass doorknobs, built-in cabinetry, and arched doorways. Sun-filled rooms, multiple walk-in closets, and abundant storage provide plenty of space throughout. Enjoy the fenced-in patio and front-row views of Waterford's parades, with restaurants, shopping, and Village activities just a short walk away. The heated garage features heated floors and a half bath with a urinal, offering excellent potential for a business, hobby space, or additional workspace.

510 E Main St, Waterford

Listing courtesy of BHGRE Star Homes.

$387,000

4 Beds ⋅ 2 Baths

Welcome home to this charming 4 bed, 2 bath Cape Cod in Waterford! Situated on nearly a half-acre, this home offers a versatile layout with 3 bedrooms and 2 full bathrooms on the main level plus an additional bedroom or living space upstairs. Recent improvements make this home even more appealing including a complete roof replacement and a newly added oversized concrete patio connecting the home to the impressive 3.5+ car garage; perfect for entertaining, grilling, and relaxing. A horseshoe driveway plus an additional driveway provides plenty of parking and easy access. Additional updates include the furnace, gutters & downspouts, drain tile, sump pump, and chimney liner. With great outdoor space, an oversized garage, and plenty of recent improvements, this home is ready its next owner!

28248 N Lake Dr, Waterford

Listing courtesy of Shorewest Realtors, Inc..

$359,900

2 Beds ⋅ 1 Baths

Enjoy beautiful views of Tichigan Lake from this charming two bedroom one bathroom home nestled on just under one acre of beautifully wooded land. As you enter the property you are welcomed by a three season room offering scenic lake views and a peaceful place to relax. The open concept kitchen and living room feature a vaulted ceiling and create a warm inviting space for everyday living and entertaining. Step outside to the large deck overlooking the private wooded backyard. A spacious garage provides plenty of room for vehicles hobbies and extra storage. The property offers endless possibilities as a short term rental vacation property or peaceful year round retreat.

6508 N Tichigan Rd, Waterford

Listing courtesy of Shorewest Realtors, Inc..

$249,900

2 Beds ⋅ 1 Baths

Experience nature & serenity in this sunlit retreat in the Golden Bay Community on Tichigan Lake. It is a place that feels like a permanent vacation, where easy condo living relieves the stress of yardwork and snow removal. This multi-level unit is in turnkey condition with a refreshed kitchen and bathrooms. The spacious living room includes a balcony overlooking the open courtyard. Enjoy enhanced privacy with split-level bedrooms. Residents enjoy many amenities, as the true heart of this home lies just beyond your doorstep. Spend free time fishing in a pond, launching a kayak, walking a trail next to the lake, or gathering with friends on the patio in the sunset. This perfect combination of modern comfort and cozy charm could be your next home. Some photos are digitally altered (staged).

28641 N Lake Dr Unit 3C, Waterford

Listing courtesy of First Weber Inc- Greenfield.

$399,900

3 Beds ⋅ 1 Baths

Something for everyone! Love to entertain? The supersized, party/rec room above the garage is ready for fun, with wiring in place for surround sound & multiple TV locations, plus a bar, pool table, refrigerator space and more. Split system wiring is already in place to add heating and cooling for year-round enjoyment. Have hobbies? The generously sized garage provides plenty of room for parking, storage and projects. Prefer to relax? Curl up with a good book by the fire in the cozy living room. And then there's the water! This property offers water access directly across the street to store and dock your boat. Enjoy approximately 1,100 acres of waterways on the Fox River and Tichigan Lake. Canoeing, kayaking, boating, sandbar days and endless summer fun can all be YOURS!

8413 Fox River Rd, Waterford

Listing courtesy of Legacy Realty Group LLC.

$330,000

2 Beds ⋅ 2 Baths

Welcome home to this bright and airy first-floor condo offering comfort, convenience, and plenty of space to enjoy! The open-concept layout features a welcoming kitchen with stainless steel appliances and a breakfast bar, flowing seamlessly into the main living area. Cozy up by the gas fireplace on chilly Wisconsin evenings or step outside and relax on your private deck. With two full bathrooms, comfortable living spaces, and a finished lower-level rec room offering additional space to entertain, work, or unwind, this condo has so much to offer. Conveniently located near the Fox River, parks, golf courses, shopping, dining, and more. Move right in and make it your own!

609 Park Dr, Waterford

Listing courtesy of Venture Real Estate Group LLC.

$299,900

2 Beds ⋅ 2 Baths

Welcome home to this beautifully maintained Waterford condo featuring a spacious, functional layout and recent updates throughout! Step inside to newer carpeting, soaring vaulted ceilings and an impressive loft overlooking the main living area--perfect for a home office, sitting area or flex space. The main-floor primary bedroom offers dual closets and a large bathroom for added convenience. Downstairs, the partially finished basement provides additional space for entertaining, hobbies or relaxing, while still offering plenty of storage. A private, insulated and heated 2.5-car garage with room for vehicles, toys and more. Well cared for and move-in ready, this condo offers comfortable, low-maintenance living in a desirable Waterford location!

314 S Jefferson St Unit C, Waterford

Listing courtesy of 1st Choice Properties Realty LLC.

$344,900

2 Beds ⋅ 2 Baths

Spacious 2BR, 2BA side-by-side ranch condo offering easy, low-maintenance living in a great Waterford location! Desirable split-bedroom design provides added privacy, with convenient first-floor laundry. Open kitchen features oak cabinetry, pantry, breakfast bar and generous dining area. Relax in the living room with gas fireplace and patio doors leading to your private outdoor space. Ramped garage entrance provides convenient level-entry access. Finished lower-level family room adds valuable living space, while the full basement offers a workshop and plenty of storage. Enjoy the nearby subdivision park, pond and gazebo. Conveniently located near downtown Waterford, shopping, restaurants, parks and the Fox River. Pets welcome with restrictions!

537 Fairview Cir Unit A, Waterford

Listing courtesy of 1st Choice Properties Realty LLC.

$269,900

2 Beds ⋅ 1 Baths

Enjoy a truly unique lifestyle at Foxwood Isle! This 2-bedroom, 1.5-bath condo is located on an island along the Fox River, offering a peaceful setting with walking trails, expansive green space, riverside fire pit, private fishing areas and your own boat slip. The unit also includes a large garage for vehicles, storage and toys. The HOA fee provides exceptional value, covering lawn care, snow removal, trash, water, sewer, cable TV with movie channels and high-speed internet. Within walking distance of Waterford's riverfront and downtown, this is an ideal year-round home or an affordable second-home getaway for boating, fishing and relaxing weekends on the river. Come see this incredible place you'll want to call home. Garage 77 Boat slip 28

300 Foxwood Dr Unit 158, Waterford

Listing courtesy of Lake Country Flat Fee.

$269,900

2 Beds ⋅ 1 Baths

Enjoy 3 levels of living space in this townhouse style condo. This well maintained 2 bedroom 1.5 bath home offers a private entry with newer skylights, attached garage, and finished lower level. Main floor has a spacious living room with sliding doors to your private patio. Recent updates include remodeled bathrooms, LVP flooring, freshly painted living room and hall ways, new kitchen sink, garbage disposal, and hot water heater.

217 S 7th St Unit 15, Waterford

Listing courtesy of Bear Realty Of Burlington.

Start Your Search

Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX 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.