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240 N State Road 35, Alma, WI, 54610

9beds
9baths
2,800sqft
$595,000
$213price/sqft
$4,056/moest. monthly cost
$162,240/yrincome needed

About This Home

Hillcrest Motel, a turnkey business on the scenic Great River Road (Hwy 35) overlooking the Mississippi River. This long-standing motel features 7 guest rooms (4 fully renovated), indoor fish cleaning station, and a community kitchen/lounge area for guests. Includes owner's living quarters (or lodge rental) with 2 bedrooms, 1 bath, and a screened porch. Recent upgrades: new roof, siding, doors, and blacktop driveway. Relax under towering shade trees and enjoy stunning river sunsets. A well-maintained, income-producing property with decades of history...ready for its next chapter!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
Alma Elementary SchoolGrades PK-81.7 mi
7/10
Alma High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Asphalt
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Freezer,Gas Water Heater,Microwave,Washer
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Block,Concrete,Sump Pump,Unfinished

Bathroom

  • Level: Main
  • Area: 45
  • Dimensions: 9x5

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 9
  • Full bathrooms: 9

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,800

Heating & Cooling

  • Heating features: Boiler
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,800
  • Total interior livable area: 2,800 sqft

Kitchen

  • Level: Main
  • Area: 172.5
  • Dimensions: 11.5x15

Laundry

  • Level: Main
  • Area: 150
  • Dimensions: 12x12.5

Living Room

  • Level: Main
  • Area: 247
  • Dimensions: 19x13

Office

  • Level: Main
  • Area: 240.5
  • Dimensions: 13x18.5

Other

  • Level: Main
  • Area: 640.5
  • Dimensions: 30.5x21

Other

  • Level: Main
  • Area: 184
  • Dimensions: 16x11.5

Other

  • Level: Main
  • Area: 184
  • Dimensions: 16x11.5

Other

  • Level: Main
  • Area: 189.75
  • Dimensions: 16.5x11.5

Other

  • Level: Main
  • Area: 189.75
  • Dimensions: 16.5x11.5

Other

  • Level: Main
  • Area: 189.75
  • Dimensions: 16.5x11.5

Other

  • Level: Main
  • Area: 189.75
  • Dimensions: 16.5x11.5

Other

  • Level: Main
  • Area: 149.5
  • Dimensions: 11.5x13

Other

  • Level: Main
  • Area: 156.25
  • Dimensions: 12.5x12.5

Other

  • Level: Main
  • Area: 45
  • Dimensions: 9x5

Screened Porch

  • Level: Main
  • Area: 182.25
  • Dimensions: 13.5x13.5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 201006440000
  • Zoning description: Residential-Single Family
  • Other equipment: Fuel Tank - Rented
  • Foundation area: 966

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Awning(s),Screened
  • Has view: Yes
  • View description: Bay,Lake
  • Has water view: Yes
  • Water view: Bay,Lake
  • Waterfront features: Lake View,Other

Lot

  • Lot size: 2.22 Acres
  • Lot size dimensions: 439 x 249

Parking

  • Total spaces: 3
  • Parking features: Detached Garage,Parking Lot,Paved Lot
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport spaces: 1

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
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Inland Flooding
Ice Storm
Landslide
Lightning
Tornado
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 $3,008$36,096
Home Insurance *$270$3,240
Property Taxes $515$6,180
Electricity $263$3,157
Total$4,056$48,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,062/yr
40% on housing$121,680/yr
45% on housing$108,160/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: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 54610$167
Buffalo County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 54610
Buffalo County$167

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
2026-07-09Price change$595,000
2026-06-03Price change$525,000
2026-02-03Price change$595,000
2025-08-04Price change$649,000
2025-06-25Listed for sale$689,000

For Sale by Agent

AgentJarrad Fluekiger
BrokerageeXp Realty

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