3209 W Wells STREET, Milwaukee, WI, 53208
About This Home
Stunning. Iconic. Landmark. The legendary Schuster Mansion--Milwaukee's famed Wells Street Red Castle built in 1891 for tobacco magnate George Schuster, this extraordinary German Renaissance Revival estate spans 9,300 sq. ft. across three grand levels. Rich hardwood floors, intricate period millwork, soaring ceilings, pocket doors, & meticulously restored architectural details. Gracious parlors, a formal dining room, library, conservatory, & chef's kitchen and ensuite guest room on main. Upper floors feature four luxurious ensuites, additional guest rooms, & spacious innkeeper quarters. Coachhouse, formal gardens. Current successful Bed & Breakfast; bring YOUR dream to this home! Nationally recognized landmark in line with the Pabst Mansion, available now. Extensive Seller Updates in docs
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1891
Materials
- Construction materials: Brick,Brick/Stone,Stone,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian/Federal
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Window A/C,Dishwasher,Disposal,Dryer,Freezer,Microwave,Other,Oven,Range,Refrigerator,Washer,Water Softener
Basement
- Has basement: Yes
- Basement: 8'+ Ceiling,Block,Full,Full Size Windows,Stone,Walk-Out Access
Bathroom
- Features: Stubbed For Bathroom on Lower,Tub Only,Ceramic Tile,Whirlpool,Master Bedroom Bath: Tub/Shower Combo,Master Bedroom Bath,Shower Over Tub,Shower Stall
Bedroom2
- Level: Upper
- Area: 540
Bedroom3
- Level: Upper
- Area: 340
Bedroom4
- Level: Upper
- Area: 234
Bedroom5
- Level: Upper
- Area: 224
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 2
Dining Room
- Level: Main
- Area: 294
Features
- Separate Quarters,High Speed Internet,Pantry,Cathedral/vaulted ceiling,Walk-In Closet(s),Walk-thru Bedroom,Kitchen Island
- Window features: Skylight(s)
- Flooring: Wood
- Attic: Expandable
- Finished area below ground: 3,100
- Finished area above ground: 9,300
Heating & Cooling
- Heating features: Natural Gas,Radiant/Hot Water
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 9,300
- Total interior livable area: 12,400 sqft
Kitchen
- Level: Main
- Area: 208
Living Room
- Level: Main
- Area: 238
Master Bedroom
- Level: Upper
- Area: 650
Office
- Level: Main
- Area: 221
Property
Details
- Parcel number: 3880406000
- Zoning: RT3 per city
- Exclusions: Ninja 9 Cooker,Tool Containers (Red),Plants,Brass Bed (Laura Sue Suite),Personal Food (Basement),Waffle Iron,Cake Carrier,Large Mirror (Private Bedroom),Slow Cooker,Large Circle Clock (Private Bedroom),Personal Bathroom Items (Towels,Bath Mat),Food Processor,Ice Cream Maker,Bread Maker
Features
- Levels: Multi-Level
- Patio & porch: Deck,Patio
- Exterior features: Sprinkler System
- Has spa: Yes
- Spa features: Bath
- Fencing: Fenced Yard
- Living area range: 3501 or more,5001 or more,2501 or more
Lot
- Lot size: 0.36 Acres
- Features: Sidewalks
- Lot size dimensions: 104' x 150'
Parking
- Total spaces: 9
- Parking features: Garage Door Opener,Detached,4 Car,1 Space
- Has garage: Yes
- Attached garage spaces: 9
- Covered spaces: 9
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
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,606 | $115,272 |
| Home Insurance * | $1,079 | $12,948 |
| Property Taxes | $2,881 | $34,572 |
| Electricity | $1,165 | $13,982 |
| Total | $14,731 | $176,772 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-09 | Listed for sale | $1,899,900 |
| 2024-02-05 | Listing removed | -- |
| 2024-02-01 | Price change | $1,600,000 |
| 2023-02-01 | Price change | $1,956,000 |
| 2022-03-05 | Listed for sale | $2,200,000 |
For Sale by Agent
View on Zillow