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4234 Morris Park Rd, Mc Farland, WI, 53558

1beds
1baths
893sqft
$400,000
$448price/sqft
$2,916/moest. monthly cost
$116,640/yrincome needed

About This Home

Rare opportunity to own a lakefront property on beautiful Lake Waubesa! This charming A-frame three-season cottage offers a unique chance to enjoy waterfront living today while providing exciting possibilities for the future. Nestled along the shoreline, the cottage features classic A-frame character, a cozy loft area, and a walk-out basement offering additional space and potential. Showings begin 8/7! The property is ready for someone with vision — whether that means embracing the rustic charm of the existing cottage, updating it into a personal lakeside retreat, or exploring the potential to build a new custom home on this desirable waterfront setting. With lake access, scenic views, and a prime location, this is an exceptional opportunity for buyers looking to create something truly special. Property to be sold "as-is" Currently winterized. Was most recently used as a three season cottage - no heat. Please leave minimum 48 hours for offer response.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

--
Mcfarland Primary SchoolGrades PK-22.2 mi
9/10
8/10
Mcfarland High SchoolGrades 9-121.9 mi

Construction

Materials

  • Construction materials: Wood Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Bath/Stubbed

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area above ground: 893

Heating & Cooling

  • Heating features: None
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 893
  • Total interior livable area: 893 sqft

Kitchen

  • Level: Main
  • Area: 104

Living Room

  • Level: Main
  • Area: 486

Master Bedroom

  • Level: Main
  • Area: 91

Property

Details

  • Parcel number: 061008410345
  • Zoning: R
  • Exclusions: Sellers or representatives personal property

Features

  • Levels: One
  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake Front,Water ski lake
  • Waterbody name: Waubesa
  • Frontage length: Waterfront: 36

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: No Garage

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
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Tornado
Heat Wave
Lightning
Strong Wind
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 $2,022$24,264
Home Insurance *$132$1,584
Property Taxes $591$7,092
Electricity $171$2,054
Total$2,916$34,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,977/yr
40% on housing$87,480/yr
45% on housing$77,760/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$448This listing

vs Other Active Listings

Avg $/sqft

ZIP 53558$268
Dane County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 53558$233
Dane County$246

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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$400,000
2026-08-04Listed for sale$400,000

For Sale by Agent

AgentBryan Earleywine
BrokerageEXIT Realty HGM

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