Lisbon Homes under $400,000

Welcome to Lisbon, Wisconsin – a charming town nestled in the heart of Waukesha County, where small-town charm meets the beauty of nature. Known for its picturesque landscapes and friendly community, Lisbon offers a unique blend of rural tranquility and suburban convenience. With easy access to major highways and nearby cities, residents enjoy the peace of country living while being just a short drive away from the bustling amenities of Milwaukee.

Lisbon is a haven for families and outdoor enthusiasts alike, featuring numerous parks, walking trails, and recreational activities. The town’s commitment to preserving its natural beauty is evident in its lush green spaces and scenic views. Residents often gather for community events, fostering a strong sense of belonging and neighborly spirit.

For those seeking a place to call home, Lisbon presents an exciting opportunity with a variety of homes available under $400,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a family-friendly neighborhood, you’ll find an array of options that suit your needs. From charming single-family homes to modern townhouses, each property offers a unique character and the potential for your dream home.

Experience the warmth and vitality of Lisbon, where you can enjoy a high quality of life without breaking the bank. With affordable housing options and a welcoming community, Lisbon is not just a place to live; it’s a place to thrive. Come explore the possibilities that await you in this delightful Wisconsin town!

Newest Lisbon Homes under $400,000

$389,000

3 Beds ⋅ 1 Baths

Lisbon Ranch on .34 acres awaits new owners, Long time owner over 29 years Very good size home, Needs some TLC , Newer roof 2025 year, New water heater 8/2026, Open eat in Kitchen, Formal dining room, Large living room and Over sized family room with fireplace. 3 good size bedrooms, Some updated windows throughout. Being sold as is . 2 car attached garage.

N52W23799 Parkview Dr, Lisbon

Listing courtesy of Coldwell Banker Realty.

$325,000

3 Beds ⋅ 1 Baths

Charming Lisbon ranch with great spaces inside and out! Step into the inviting living room, where a beautiful bay window fills the space with natural light. The kitchen offers plenty of room for prep and storage, plus comfortable space for dining. Three nicely sized bedrooms and a full bath complete the main level, with hardwood floors believed to be beneath much of the carpeting. Downstairs, the newly refinished lower level provides fantastic additional space to relax, entertain or play. Outside, enjoy a large yard with plenty of room for gardening, gatherings and summer fun. A brand-new roof in 2025, many other updates (see sheet) and a home warranty add peace of mind. Cute, comfortable and full of potential, this is a wonderful place to call home!

N60W22745 Silver Spring Dr, Lisbon

Listing courtesy of Shorewest Realtors, Inc..

$389,900

3 Beds ⋅ 1 Baths

Set on a private one-acre lot, this beautifully reimagined 3-bedroom, 1-bath Lannon stone ranch delivers standout style, major improvements, and room to breathe. The open interior features LVP flooring and a showpiece kitchen with white shaker cabinetry, honed granite counters, stainless appliances, subway tile, and a breakfast bar. A vaulted great room steals the spotlight with a dramatic brick fireplace, wood-plank ceiling, and statement chandelier. The redesigned bath offers fresh finishes and timeless tile. Major updates include a new tear-off roof, gutters, furnace, central air, water heater, exterior doors, and garage doors with openers. Mature trees, fresh landscaping, expansive lawn, and an attached 2-car garage complete this rare move-in-ready retreat.

N71W22103 Good Hope Rd, Lisbon

Listing courtesy of Premier Point Realty LLC.

$115,000

3 Beds ⋅ 2 Baths

Investor Special - Sussex Opportunity! Three-bedroom, one-bath 1.5-story home on 1/2 acre. This property is being sold as-is and is ready for your rehab ideas and updates. Great potential for investors, flippers, or landlords looking to add value and create instant equity. Functional layout with spacious living areas and a solid structure to build upon. Property sold as-is. Seller will make no repairs. Cash or rehab financing only. Don't miss your chance to bring this home back to life! Appraised for $130,00 as-is. See appraisal for post rehab selling potential.

W220N7095 Town Line Rd, Lisbon

Listing courtesy of Berkshire Hathaway HomeServices Metro Realty.

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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.