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602 Monarch Lane, Beaver Dam, WI, 53916

2beds
2baths
1,425sqft
$514,900
$361price/sqft
$3,546/moest. monthly cost
$141,840/yrincome needed

About This Home

Welcome to 602 Monarch Lane?an inviting standalone villa designed for effortless lake living. Enjoy peaceful water views and a low-maintenance lifestyle that lets you focus on what matters most. This thoughtfully designed condo offers an open layout filled with natural light and modern finishes. Large windows bring the outdoors in, creating a seamless connection to the tranquil lake setting. Located in a well-kept condominium community, residents enjoy shared amenities that enhance everyday living without the burden of upkeep. Spend your time on the water, strolling nearby paths, or simply taking in the serene surroundings. Experience comfort, convenience, and scenic beauty?all in one place. This villa comes with a shared dock and private boat slip. Minutes from downtown Beaver Dam, close to schools, restaurants, and shops.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2024

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Full bathrooms: 2

Property

Parking

  • Parking features: 2 Car,Attached
  • Has garage: Yes

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
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Heat Wave
Inland Flooding
Lightning
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 $2,603$31,236
Home Insurance *$249$2,988
Property Taxes $523$6,276
Electricity $171$2,054
Total$3,546$42,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,577/yr
40% on housing$106,380/yr
45% on housing$94,560/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$361This listing

vs Other Active Listings

Avg $/sqft

ZIP 53916$170
Dodge County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 53916$172
Dodge County$185

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

No price history available

For Sale by Agent

AgentAndy Crooks
BrokerageT R McKenzie Inc.

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