Oconomowoc home with underground basketball court, sauna, movie theater on sale block: Open House

A luxury Oconomowoc home with a two-story sports court, sauna, movie theater and elevator is on the sale block for $1.2 million. See the attached slideshow to get a look inside the former Parade of Homes model, which also includes a sports pub area and full-sized basketball court.

The three-story, 6,700-square-foot home has three bedrooms and four and a half bathrooms. It also includes a sunken living room with a fireplace, deck and hot tub.

The middle floor consists of a sports pub-esque area with booth seating, neon beer signs and plenty of sports memorabilia. There is also a full-service bar and kitchen adjacent to the booth seats. Nearby on the same floor is a lounge area with Pac-Man, a pool table and a pinball machine. The entire second floor surrounds the basketball court on the bottom floor, so guests can watch what is happening wherever they are.

The basketball court can also be divided in half to play volleyball. On the bottom floor is also a gym, two bathrooms, high school-style gym lockers and a movie theater with surround sound.

Carol Euringer of First Weber Realtors has the listing, which you can see by clicking here.

“The seller did not build this home. It was built by Miracle Homes for the Parade of Homes in 2008 as their model parade home, and their showpiece of their builder portfolio,” Euringer told TMJ4, the Milwaukee Business Journal’s television partner.

The current owner of the home is John Befus, CEO of Standard Express Inc., a trucking company. Befus and Euringer’s goal is to sell the home as is.

“The furnishings were made to fit this property so appropriate to be included,” Euringer said.

That means everything in the living room, including the grand piano, kitchen, bedrooms, theater and every other room is included in the $1.2 million price tag. Only a few pieces of art will travel with Befus, she said.

The home’s 2022 property tax bill was $12,391.

Euringer said the Waukesha County and Lake Country luxury home market remains strong despite rising interest rates and an uneven economy.

“We are still seeing a quick sale time, within a very small percentage of the asking price, if not at asking price,” she said.


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