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Waterfront Lake Geneva estate hits market amid luxury’s resurgence

Knollwood Drive mansion listed for $8.7M

<p>A photo illustration of Charter Next Generation CEO Kathy Bolhous along with N2301 Knollwood Drive (Getty, Charter Next Generation, Compass Real Estate)</p>

A photo illustration of Charter Next Generation CEO Kathy Bolhous along with N2301 Knollwood Drive (Getty, Charter Next Generation, Compass Real Estate)

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Charter Next Generation CEO Kathy Bolhous listed her Lake Geneva waterfront estate for $8.7 million. The 5,300-square-foot home was renovated by Bolhous and her husband after they purchased it for $3.3 million in 2017. The home has 190 feet of private lakefront and a pier with two covered boat slips.

The estate is one of the most expensive listings in the Lake Geneva area. Other recent high-end sales in the area include the sale of Aloha Lodge for $21.85 million in August.

The waterfront estate of Charter Next Generation CEO Kathy Bolhous hit the market in Lake Geneva for $8.7 million. 

Bolhous, and her husband, Rod Bolhous, have tapped Janis Hartley of Compass Wisconsin-Lake Geneva to find a buyer for their 5,300-square-foot estate on Knollwood Drive, Crain’s reported

If it sells at the listing price of $1,642 per square foot, it would mark a 160 percent increase over the $3.3 million ($623 per square foot) the sellers paid in 2017. The Bolhouses invested two years and an unknown dollar amount into renovating the home, enhancing its Nantucket-inspired design.

The five-bedroom, four-bath home is designed with a blend of Victorian and farmhouse styles. The property was built in 2003, sits on nearly six-tenths of an acre and boasts 190 feet of private lakefront. The estate also includes a pier with two covered boat slips. 

Expansive windows provide views of Lake Geneva, while several balconies and screen porches offer ideal spaces to take in the natural beauty of the surroundings. 

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The estate is one of the most expensive listings in the Lake Geneva area, following a trend of high-end properties that have dominated the market in recent years. The Bolhous family also owns a condo on North Michigan Avenue, adding to their real estate portfolio.

Lake Geneva is known for its multi-million dollar home sales, and last year brought its most expensive residential transaction since 2022 and the second-highest price ever in the resort town. 

The estate of Harold Byron Smith, whose family founded Northern Trust Bank and Illinois Tool Works, sold Aloha Lodge, a 20,000-square-foot mansion, located on 12 acres at 768 South Lake Shore Drive. The home traded hands for $21.85 million in August, or $1,092 per square. 

— Andrew Terrell

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