A key land sale on Oconomowoc's western edge has unlocked the final phase of a long-running housing project, potentially adding more than 100 homes to the city. The move revives a neighborhood that first launched nearly two decades ago and could bring construction crews back as soon as this spring if approvals stay on track. City and county records already show a preliminary plat submission tied to the site.
According to the Milwaukee Business Journal, the buyer, Home Path Financial LP, acquired the last remaining parcel for the Weston Acres development. Plans for this final phase call for more than 100 housing units. The Business Journal reports that construction on the phase could begin this spring, although permitting and county review still need to be completed first.
State Filings Show Preliminary Plat And County Conditions
State plat records indicate that a preliminary plat for "Weston Acres" was submitted on Jan. 26, 2026, listing Home Path Financial as the owner in the state's plat submittal database. The filing spans five sheets and includes a note that "county has conditions for final," which flags specific issues county reviewers want resolved before a final plat can be approved, according to the State plat submittal database.
Developer's Recent Activity Across The Region
Home Path Financial has been busy in southeastern Wisconsin land deals. In mid-2025, the company bought the Maplecrest Country Club site in Somers and floated a sizeable residential redevelopment there, reflecting a pattern of turning large properties into housing. That earlier purchase and proposal were detailed by the Milwaukee Business Journal, which noted the firm's growing footprint across the metro area.
Timing, Approvals And What Comes Next
The preliminary plat lists an expiration date of Feb. 23, 2026, with a county review action recorded on Feb. 20, 2026. That timing leaves a tight window for the developer to clear the county's conditions or seek an extension, based on the state records. If those issues are addressed and both city and county sign off, infrastructure work such as roads, utilities and stormwater controls would be the next visible step before any homebuilding can start.
What Neighbors Should Watch For
People living near the site should expect public notices, engineering plans and potential hearings as the project moves through local and county review. Until the developer satisfies county conditions and wins final plat approval, the schedule for Weston Acres' last phase remains tentative and could shift.
We will continue to track municipal agendas and development filings and will update coverage as the city or developer releases new documents or sets firm construction dates.
