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4503 Carstens Lake ROAD, Manitowoc, WI, 54220

3beds
2baths
1,550sqft
$695,000
$448price/sqft
$4,635/moest. monthly cost
$185,400/yrincome needed

About This Home

Welcome to your dream country retreat! Nestled on nearly 60 breathtaking acres, this picturesque property offers a rare blend oftranquility, space, & versatility. From lush farmland & serene wetlands to mature trees & wide-open skies, the landscape provides a diverse &everchanging natural backdrop. The charming farmhouse features three comfortable bedrooms, perfect for family living or weekend getaways. Insideyou'll find warm, inviting space with rustic charm and modern comfort. Step outside and discover the heart of the property: Three massiveoutbuildings/barns offering endless potential for farming, workshops, storage, or even an event space. Whether your a hobby farmer, equestrian, orsimply need room to grow, this property delivers. Its more than just a home-its a lifestyle.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
Monroe Elementary SchoolGrades K-53.8 mi
2/10
4/10
Lincoln High SchoolGrades 9-124.8 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1972

Materials

  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Sump Pump

Bathroom

  • Features: Tub Only

Bedroom2

  • Level: Upper
  • Area: 143

Bedroom3

  • Level: Main
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 154

Heating

  • Heating features: Electric,Wood/Coal,Wall Furnace

Interior Area

  • Total structure area: 1,550
  • Total interior livable area: 1,550 sqft

Kitchen

  • Level: Main
  • Area: 168

Living Room

  • Level: Main
  • Area: 117

Master Bedroom

  • Level: Upper
  • Area: 169

Property

Details

  • Parcel number: 01402300200100
  • Zoning: Multi
  • Exclusions: Seller's Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Horses can be raised: Yes
  • Living area range: 1501-1750

Lot

  • Lot size: 51 Acres
  • Features: Horse Allowed,Tillable,Wooded

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
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

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 $3,514$42,168
Home Insurance *$321$3,852
Property Taxes $629$7,548
Electricity $171$2,054
Total$4,635$55,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,914/yr
40% on housing$139,050/yr
45% on housing$123,600/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: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
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 54220$177
Manitowoc County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 54220$152
Manitowoc County$150

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
2026-02-10Price change$735,000
2025-10-08Price change$770,000
2025-09-20Listed for sale$850,000
2008-10-04Listing removed$424,000
2008-05-24Listed for sale$424,000

For Sale by Agent

AgentMandy Ross
BrokerageRE/MAX Universal

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