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727 E Madison STREET, Oconomowoc, WI, 53066

6beds
2baths
3,786sqft
$599,000
$158price/sqft
$4,108/moest. monthly cost
$164,320/yrincome needed

About This Home

Back and Better than Ever! This custom contemporary home is nestled in one of Oconomowoc's highly desirable Fowler Lake area neighborhoods, offering an expansive 3,700+ square feet of living space, It features large bedrooms, Huge closets, two large bathrooms, double sink and dual shower heads in upper bath, and is flooded with natural light, soaring ceilings & architectural details that you don't see often! Private primary bedroom on its own level or guest quarters. Upper lofted rec rm and so much more. Enjoy a Private yard with patio, 10/10 walkability score to all that Downtown and Fowler Park/ lake loop have to offer. If you are looking for wow, come now!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

9/10
6/10
Oconomowoc High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1954

Materials

  • Construction materials: Brick,Brick/Stone,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Block,Other,Partial

Bedroom2

  • Level: Upper
  • Area: 209

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Family Room

  • Level: Upper
  • Area: 425

Features

  • High Speed Internet,Pantry,Cathedral/vaulted ceiling,Walk-In Closet(s),Kitchen Island
  • Window features: Skylight(s)
  • Flooring: Wood

Heating & Cooling

  • Heating features: Natural Gas,In-floor,Radiant,Other,Radiant/Hot Water,Zoned
  • Cooling features: Other,Wall/Sleeve Air

Interior Area

  • Total structure area: 3,786
  • Total interior livable area: 3,786 sqft

Living Room

  • Level: Main
  • Area: 425

Master Bedroom

  • Level: Main
  • Area: 312

Property

Details

  • Parcel number: OCOC0561470001
  • Zoning: RES
  • Exclusions: Sellers Personal Property

Features

  • Levels: Two,Multi-Level
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Fenced Yard
  • Living area range: 3501 or more,3501-5000,2501 or more

Lot

  • Lot size: 0.34 Acres
  • Features: Wooded

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Attached,2 Car
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Hail
Heat Wave
Winter Weather

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$171$2,052
Property Taxes $554$6,648
Electricity $355$4,269
Total$4,108$49,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,845/yr
40% on housing$123,240/yr
45% on housing$109,546/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$158This listing

vs Other Active Listings

Avg $/sqft

ZIP 53066$367
Waukesha County$288

vs Homes Sold Last Month

Median $/sqft

ZIP 53066$247
Waukesha County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listed for sale$599,000
2026-07-02Listing removed$615,000
2026-06-19Price change$615,000
2026-06-04Listed for sale$625,000
2020-12-23Listing removed$269,900
2020-12-08Price change$269,900
2020-12-04Listed for sale$299,000

For Sale by Agent

AgentMelissa Perry
BrokerageFroemming Realty LLC

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